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Manufacturing & Engineering
New York manufacturing index begins 2025 in negative territory
The general business conditions index of the Empire State Manufacturing Survey fell 15 points to -12.6 in January, with indexes for new orders and shipments
Albany NanoTech to use $825M for R&D in national semiconductor tech center
ALBANY, N.Y. — Albany NanoTech is the first flagship facility of the National Semiconductor Technology Center (NSTC). It follows a final agreement between NY CREATES, Natcast, and the U.S. Department of Commerce. The pact means $825 million in federal research and development (R&D) investment from Schumer’s CHIPS & Science Law, the office of U.S. Senate
Lockheed Salina plant wins $118M Air Force contract modification
SALINA, N.Y. — The Lockheed Martin, Rotary and Missions Systems plant in suburban Syracuse has been awarded a $118.4 million modification to a previously awarded U.S. Air Force contract for Three-Dimensional Expeditionary Long-Range Radar. The modification brings the total cumulative face value of the contract to more than $471.5 million, according to a Jan. 17
Lockheed Martin Owego wins nearly $19M Navy order
OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego was recently awarded an almost $19 million cost-plus-fixed-fee delivery order against a previously issued basic ordering agreement from the U.S. Navy. This order procures the delivery of two initial structural modification kits for the MH-60S Seahawk helicopters, and it will provide the non-recurring engineering
Digital Hyve co-founders, Weitsman launch new AI venture
SKANEATELES, N.Y. — Arcovo AI, which is described as an artificial intelligence (AI)-automation agency, has launched operations with the backing of three area entrepreneurs. The new venture is “dedicated to leveling the playing field for local and regional businesses by providing advanced workflow AI automation solutions tailored to their unique needs to help them save
Proposed state budget includes funding for upgraded stages at State Fair Expo Center
GEDDES, N.Y. — The proposed state budget includes money to upgrade the stages at the Expo Center at the New York State Fairgrounds for year-round
WATERTOWN, N.Y. — Empire State Development (ESD) says up to $16 million is available to support redevelopment efforts at the former Watertown Correctional Facility through
Oneida County plans public early February meeting to discuss Triangle Site development
ROME, N.Y. — Oneida County will hold a public open house Feb. 3 from 6-8 p.m. at the Innovare Advancement Center at the Griffiss International
Corning Inc. to invest $315 million in North Country facility
CANTON, N.Y. — Corning Inc. (NYSE: GLW) will invest up to $315 million in its Canton facility, including equipment, and create up to 130 new
Lockheed Martin wins nearly $71M Navy contract modification
SALINA — Lockheed Martin Corp. (NYSE: LMT) was recently awarded an almost $71 million modification to a previously awarded U.S. Navy contract. The cost-plus-incentive-fee, and cost only contract adjustment will exercise options and provide funding for engineering labor, program management and engineering other direct costs, travel, and material, in support of continued AN/SQQ-89A(V)15 Surface Ship
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