Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Herkimer ARC focuses on new revenues through HI division
HERKIMER — “Not-for-profit is a tax status, not a business strategy,” quotes Kevin Crosley, the president and CEO of the Herkimer ARC, a 501(c)(3) corporation established in 1969 to enable people with disabilities in Herkimer County to achieve full potential and enriched lives. Crosley is a pragmatist who understands that necessity is the handmaiden of […]
Burrows Paper expands international reach
LITTLE FALLS — “On Dec. 3, 2012, Burrows Paper Corp. completed the acquisition of the remaining 75 percent equity interest in a joint-venture it had established with Innopak Hong Kong, Ltd. in 2008. The deal transferred total ownership of Innopak Heshan — an operating company that converts specialty paper and board-based, foodservice packaging products —
Profit, sales increase at Anaren
DeWITT — Profit rose to $3.5 million, or 27 cents a share, in the fiscal second quarter at Anaren, Inc. (NASDAQ: ANEN) from $1.2 million,
FDA approves Welch Allyn foray into iPhone imaging
SKANEATELES FALLS — Medical-device maker Welch Allyn is ready to push iPhones as eye scanners after the U.S. Food and Drug Administration (FDA) approved one
Design Concepts and Enterprises is sewing up plans for new addition
HASTINGS — Design Concepts and Enterprises, LLC wants to stitch an addition onto its headquarters building for the second time in less than three years. The manufacturer, which produces suture-attaching equipment and specialty prototypes while also designing and building custom equipment, plans to nearly triple the size of its building at 9 Kline Road in
Galson Laboratories expands in Hawaii with acquisition
DeWITT — Galson Laboratories today announced a second acquisition in Hawaii since June of last year. The firm announced its acquisition of INALAB, Inc., an
Homer Soy Products, LLC aims to crush soybeans in Cortland County
HOMER — A group of Western New York entrepreneurs is pressing to restart production at a long-closed soybean-crushing facility in the village of Homer. “We’re
New CEO continues family tradition at New Hope Mills
AUBURN — Douglas Weed is the third generation of his family to own and run Auburn–based New Hope Mills, Inc., succeeding his father as president and CEO and sole owner of the company Jan. 1. The Weed family acquired the business, which got its start in 1823, in 1947. New Hope Mills produces a variety
MAPI index declines, still indicates expansion in manufacturing
The national manufacturing sector continues to grow, but only at a slow pace in the face of ongoing challenges, according to a new survey from an industry trade group. The Manufacturers Alliance for Productivity and Innovation (MAPI) released its quarterly Survey on the Business Outlook on Jan. 10. The survey’s composite index fell to 55
NY manufacturing conditions continue sputtering in January
New York’s manufacturing firms said the difficult business conditions they have faced in recent months continued in January. But the picture looks brighter here in Central New York and going forward. The general business conditions index in the Empire State Manufacturing Survey from the Federal Reserve Bank of New York dropped half a point to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.