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Manufacturing & Engineering
ConMed to start paying cash dividend
UTICA — ConMed Corp. (NASDAQ: CNMD) has decided to start paying shareholders a quarterly cash dividend. The Utica–based medical-technology company has declared an initial dividend
Lockheed wins new radar contract
SALINA — The U.S. Army awarded Lockheed Martin a contract worth up to $881 million for production of new radar systems. The AN/TPQ-53 Firefinder Radar
Ephesus ready to debut LED stadium light
SYRACUSE — Ephesus Technologies is set to unveil a new LED light aimed at use in stadiums this month. The company, based in the Tech
Companies to offer biomass internships
SYRACUSE — Local college students will get the chance to intern for eight Upstate companies this summer in the areas of biomass and bioenergy. The
UTICA — Sluggish sales and a hefty goodwill impairment charge hurt fourth-quarter earnings at ConMed Corp. (NASDAQ: CNMD), but company officials are counting on new
N.Y. manufacturing index reaches highest level since 2010
General business conditions for New York manufacturers improved in February to reach their highest point since June 2010, according to a monthly survey released Feb. 15 by the Federal Reserve Bank of New York. The February 2012 Empire State Manufacturing Survey’s general business conditions index jumped 6 points to 19.5. It has been trending up
New contract leads to expansion at Giovanni Food Co.
DeWITT — The sauce is flowing a little faster these days at Giovanni Food Co., Inc. The DeWitt manufacturer of tomato-based products recently started producing a new line of private-label barbecue sauce that will have it filling more than 1 million jars a year. And it is launching a new brand of its own, called
New Le Moyne certificate offers education on government contracting
SYRACUSE — A new program at Le Moyne College aims to help some of the area’s defense-contract manufacturers fill a need and set students on a promising career path. Le Moyne launched a new certificate in government systems management last fall. Local defense contractors, including SRC, Inc. and Lockheed Martin, helped develop the content. The
PAR reports fourth-quarter profit gain, full-year net loss
NEW HARTFORD — Earnings rose slightly in the fourth quarter for PAR Technology Corp, (NYSE: PAR), but it wasn’t enough to save the company from
Manufacturing business conditions continue improving
New York manufacturers reported improving business conditions in February, boosting the monthly Empire State Manufacturing Survey’s general business conditions index to its highest point since
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