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Manufacturing & Engineering
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
Lockheed Martin expects to close Sikorsky acquisition on Friday
Lockheed Martin Corp. (NYSE: LMT) anticipates closing its acquisition of Sikorsky Aircraft Corp. on Friday. The ministry of commerce of the People’s Republic of China
Lockheed to use $4.6M contract to help develop small unmanned-aircraft system
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) will use a $4.6 million federal contract for the “continued development” of a maritime, canister-launched small unmanned-aircraft
Declines in orders, shipments hurt New York manufacturers in October
New orders, shipments, and unfilled orders all declined at a “steeper pace” in October than in September, hurting manufacturers across New York. The Empire State Manufacturing Survey general business-conditions index registered a reading of -11.4, declining for a third consecutive month in October. However, the index did improve slightly from September’s -14.7 reading,
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