Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Profit tumbles more than 74 percent at Anaren
DeWITT — Profit at Anaren, Inc. (NASDAQ: ANEN) slumped nearly 75 percent in the company’s fiscal second quarter to $1.2 million, or 8 cents a
Speedy Awards relocates to Crossroads Plaza
NEW HARTFORD — Speedy Awards & Engraving, Inc. has a new home and plans to add some new products as the company’s owners work to continue the growth they generated in 2011. Speedy co-owners Anthony (Tony) and Lyn Taurisano, who are brother and sister, found out in September they would need to find a new
PAR completes sale of logistics-management subsidiary
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) completed the asset sale of its PAR Logistics Management Systems (PAR LMS) subsidiary to ORBCOMM, Inc. (NASDAQ: ORBC) on Jan. 12. The sale is valued at about $6 million in cash and ORBCOMM common stock, with the potential for an additional earn-out of $4 million. “We are
CVI takes over Sheltered Workshop services
BINGHAMTON — Johnson City–based Country Valley Industries (CVI) has taken over as service and contract provider for Sheltered Workshop’s location at 203 Court St. in Binghamton. “They were a long-standing organization that provided services to the same population we service,” says David Markie, vice president at CVI. When Sheltered Workshop decided not to continue services,
N.Y. manufacturers’ business conditions improve again in January
New York manufacturers reported improving business conditions in January, including increasing orders and higher selling prices, according to a survey from the Federal Reserve Bank of New York. The January 2012 Empire State Manufacturing Survey’s general business conditions index rose 5.3 points to 13.5. That beat market expectations of 10 for the index, according to
Welch Allyn fills two chief officer spots
SKANEATELES FALLS — Welch Allyn has appointed two employees to chief officer positions, the medical-device manufacturer said today. The company named Scott Gucciardi executive vice
FAA awards Sensis new contract worth up to $119M
DeWITT — Saab Sensis Corp. won a contract worth up to $119 million from the Federal Aviation Administration (FAA) to deploy a combination of technology
Plans move forward for Ithaca-area wind farm
ENFIELD — Pipestone, Minn.–based Juhl Wind, Inc. signed a development services agreement with Black Oak Wind Farm, LLC near Ithaca for a proposed 15 to
New York manufacturing conditions keep rising in January
Business conditions for New York Manufacturers continued to swing upward in January, according to the Federal Reserve Bank of New York’s monthly Empire State Manufacturing
O’Brien & Gere acquires S.C. firm
SYRACUSE – Syracuse-based O’Brien & Gere has acquired the remaining 55 percent ownership of the architecture and engineering firm Lindbergh & Associates of North Charleston,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.