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Manufacturing & Engineering
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,
Soraa, LED lighting firm, to bring 420 jobs to DeWitt
DeWITT, N.Y. — Soraa, a firm that specializes in light-emitting diode (LED) lighting, has plans to relocate its manufacturing and research and development operations from
Stickley CEO Audi inducted into American Home Furnishings Hall of Fame
JAMESTOWN, N.C. — Aminy Audi, chairman and CEO of Manlius–based L. & J.G. Stickley, Inc., has been inducted into the American Home Furnishings Hall of
New York manufacturing declines for third straight month in October
The Empire State Manufacturing Survey general business-conditions index registered a reading of -11.4, declining for a third consecutive month in October. The index figure of
CLINTON, N.Y. — Indium Corporation, a Utica–area materials manufacturer, announced it has promoted Mike McKenna to vice president and chief financial officer (CFO). As CFO,
New York manufacturing activity declines for a second month
New York manufacturing activity contracted for a second straight month in September as employment in the industry fell for the first time in more than
Welch Allyn to cut 80 jobs, including 50 in Skaneateles Falls
SKANEATELES FALLS, N.Y. — Welch Allyn Inc.’s new owner is eliminating 80 jobs companywide, including 50 positions at the medical-device manufacturer’s location in Skaneateles Falls.
Lockheed Martin announces 500 job cuts nationally in information systems unit
Lockheed Martin Corp. (NYSE: LMT) has announced plans to cut about 500 positions nationally in its information systems & global solutions (IS&GS) business unit, which
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