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Manufacturing & Engineering
Raymond generates explosive sales growth
GREENE — In the last half decade, the Raymond Corp. — a global provider of lift trucks, forklifts, and material-handling solutions based in Chenango County — has seen its sales explode. “Since late 2010, our sales are up 300 percent,” says Timothy Combs, the company’s president for sales and marketing. “Just in the last […]
Feldmeier Equipment plans to move HQ to larger facility in Clay
CLAY — Feldmeier Equipment, Inc. — a manufacturer of heat exchangers, vessels, and other products — is planning to move its headquarters from 6800 Townline Road in DeWitt to a larger facility at 7643 Edgecomb Drive in the town of Clay. Feldmeier Equipment is expected to close on the 130,000-square-foot building in mid-December, according
ConMed acquisition targets general-surgery strategy
UTICA — The “revitalization” of ConMed’s advanced-surgical business is a “key priority” in its general-surgery strategy. Curt Hartman, president and CEO of ConMed Corp. (NASDAQ: CNMD), made the comment in the firm’s Nov. 16 conference call about his company’s acquisition of privately held SurgiQuest, Inc. Utica–based ConMed on Nov. 16 announced it would
Alcoa, NYPA adjust contract to keep Massena plant open, saving nearly 500 jobs
MASSENA, N.Y. — Alcoa Inc. (NYSE: AA) has adjusted its contract with the New York Power Authority (NYPA) to continue operating in Massena in St.
ConMed pays quarterly dividend of 20 cents
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, announced that its board of directors has declared a quarterly cash dividend of 20
New York manufacturing conditions stay weak for a fourth month in November
The Empire State Manufacturing Survey general business-conditions index registered a reading of -10.7 in November, the fourth straight month that it has been negative. The
ConMed announces acquisition, stock price jumps
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD) on Monday morning announced it would acquire privately held SurgiQuest, Inc., a Connecticut–based surgical-device maker, for $265 million.
Raymond unveils 47,000-square-foot addition at headquarters
GREENE — The Raymond Corporation recently unveiled a 47,000-square-foot addition and the reconfiguration of manufacturing space at its headquarters in Greene. The creation of the Raymond Operations Center accounted for 32,000 square feet of the addition. In this space, Raymond added a second level for office space for operations and support, multiple collaborative team rooms,
U.S. Navy awards PAR Technology subsidiary a $5.1 million contract
NEW HARTFORD, N.Y. — Rome Research Corporation (RRC) will use a $5.1 million contract to operate and maintain the Naval computer and telecommunications station (NCTS)
PAR Technology sells hotel-technology business, reports earnings
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) today announced it has closed on a sale of “substantially all” of the assets of its
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