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Manufacturing & Engineering
Private-equity firm Veritas Capital to acquire Anaren for about $381M
DeWITT — Veritas Capital, an affiliate of the New York City–based Veritas Capital Fund IV, L.P., is acquiring Anaren, Inc. (NASDAQ: ANEN) of DeWitt in
Lockheed Martin: operations in Salina will continue ‘for at least the next year’
SALINA — Lockheed Martin Corp. (NYSE: LMT) says it “will not consider” any plans that would impact the future of its site in Salina “for
PAR Technology Q3 profit, sales decline
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) today announced net income of $445,000, or 3 cents per diluted share, during the third quarter that
Electronic devices cause overuse injuries, Rome therapist says
ROME — Today’s workers, especially the young, often seem tethered to smartphones, tablets, and laptops. When combined with use of video-gaming devices at home this can cause overuse injuries such as tendonitis, carpal tunnel syndrome, bursitis, an area health-care professional says. Michelle Madore, an occupational therapist at Chestnut Commons Physical Therapy & Rehabilitation Center in
Delta Engineers maps out growth plans
ENDWELL — Over the past five years, Delta Engineers, Architects & Land Surveyors, P.C. has expanded its staff, added new technology, and is looking to continue its expansion efforts into new markets nationally as well as overseas. The firm has grown from 35 to 120 employees, says Anthony Paniccia, president and CEO of Delta.
ConMed’s third-quarter profit falls
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, on Thursday reported that its third-quarter net income fell to $5.7 million, or 20 cents
Kionix CEO and co-founder Galvin resigns
ITHACA — Kionix, Inc., which manufactures inertial sensors used in a variety of applications, announced today the resignation of Gregory J. Galvin, the company’s CEO
OSHA cites Cicero manufacturer for 13 safety violations
CICERO — The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited EJ USA Inc., a metal-hatch manufacturer, for 13 “serious” violations
PAR Technology unit wins $85M Army contract, largest in company history
NEW HARTFORD — PAR Government Systems Corp., a unit of PAR Technology Corp. (NYSE: PAR), announced today that it has won an $85 million defense
U.S. Department of Energy awards Ithaca firm $3.2 million grant
ITHACA — The U.S. Department of Energy (DOE) has awarded Monolith Semiconductor, Inc. of Ithaca $3.2 million in funding to develop a next-generation power-conversion technology.
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