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ConMed profit falls 27 percent in 2nd quarter
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, reported net earnings of $7.5 million in the second quarter, down 27 percent from
Lockheed Martin to acquire Sikorsky for $9 billion
Lockheed Martin Corp. (NYSE: LMT) has agreed to acquire United Technology Corp.’s Sikorsky Aircraft Corp. for $9 billion. That price is “effectively reduced” to about
New York manufacturing index bounces back in July
Manufacturing activity in the Empire State improved this month, as a key industry benchmark rebounded into positive territory. The Empire State Manufacturing Survey general business-conditions index rose nearly 6 points to 3.9 in July from -2.0 in June, the Federal Reserve Bank of New York reported July 15. That beat economists’ expectations of a
U.S. Navy awards Lockheed Martin a contract modification worth nearly $154M
SALINA, N.Y. — The U.S. Navy has awarded Lockheed Martin Corp. (NYSE: LMT) a nearly $154 million modification to a previously awarded contract for block
SYRACUSE — On June 23, Nick Astbury, deputy consul general of the British Consul-General in New York, led a mission to Syracuse to promote the Great Tech Awards. The competitive awards program, which is co-sponsored by the consulates in New York City and Boston and by the UK Trade & Investment Department, is designed
People news: ConMed adds two members to board
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, had added two health-care executives to its board of directors. The addition of David
Welch Allyn receives $43 million contract from U.S. Department of Defense
SKANEATELES FALLS, N.Y. — Medical-device manufacturer Welch Allyn Inc. was recently awarded a one-year, $43.6 million contract by the U.S. Department of Defense (DOD) for
Hill-Rom Holdings to acquire Welch Allyn for $2.05 billion
SKANEATELES FALLS, N.Y. — Hill-Rom Holdings, Inc. (NYSE: HRC) has announced plans to acquire Welch Allyn Inc. for about $2.05 billion in cash and stock.
New York manufacturing index fell back into negative territory in June
The Empire State Manufacturing Survey general business-conditions index fell 5 points to -2.0 in June from 3.1 in May, the Federal Reserve Bank of New
Schumer urges Danaher CEO to protect Pall Corp. jobs in Cortlandville
U.S. Senator Charles Schumer (D–N.Y.) has urged the top official at Danaher Corp. to “protect” 650 existing jobs the Pall Corp. plant in Cortlandville. Schumer
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