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Burger King deal bolsters revenue at PAR Technology
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) closed out the third quarter with a narrower loss than a year ago and high hopes for the future after landing Burger King as a new client. PAR posted a net loss of $15.5 million, or 56 cents per share, in the quarter ending Sept. 30, […]
AIS wins $28 million cyber contract modification
ROME, N.Y. — Assured Information Security (AIS) was awarded a $28 million contract modification for full-spectrum cyber capabilities. Combined with the initial award in 2019, this brings the overall value of the contract to $74.8 million, according to an AIS news release. The initial objective of the effort was to provide the U.S. Air Force
Micron official keynotes SUNY Oswego Technology Fall Conference
OSWEGO, N.Y. — A Micron Technology Inc. (NASDAQ: MU) official provided keynote remarks — discussing technology partnerships with area schools and more — at the 84th SUNY Oswego Technology Fall Conference held Oct. 26-27. Robert Simmons, head of social impact and STEM (science, technology, engineering, and mathematics) programs at Micron Technology and the Micron Foundation,
N.Y. manufacturing index turns positive again in November
The Empire State Manufacturing Survey general business-conditions index bounced back into positive territory by rising 14 points to 9.1 in November, its highest reading since April. The index had turned negative in October by declining 7 points to -4.6. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. Based on firms
PPC Broadband to relocate production from overseas
DeWITT, N.Y. — PPC Broadband, which makes components for broadband connections, is expecting to add nearly 200 jobs by the end of 2024, as it brings production back from overseas to operations in Central New York. U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Nov. 14 revealed how PPC Broadband in DeWitt, Belden’s broadband products
BINGHAMTON, N.Y. — Firms from Ithaca and Poughkeepsie, two from Ontario, and companies from Georgia and the United Kingdom won prize money in this year’s
Farm bill with farmer-payment program extended for a year, Schumer says
U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Friday announced that he has secured an extension of the dairy margin coverage (DMC) program that he
Burr Truck launches battery- powered electric truck sales
VESTAL, N.Y. — Commercial truck dealer Burr Truck and Trailer Sales has officially launched the sale of battery-powered electric trucks at its 2901 Vestal Road sales and service center. The company held a kickoff event on Nov. 6 to show off its Volvo and Workhorse electric trucks. Burr is the first Workhorse distribution and service
TTM to expand in DeWitt with $130M manufacturing plant
DeWITT, N.Y. — TTM Technologies, Inc., a California–based firm with operations in DeWitt, has chosen the Syracuse suburb for an upcoming high-tech manufacturing facility that will create an estimated 400 jobs. TTM Technologies, a global manufacturer of technology products, intends to invest up to $130 million to build the new plant, Gov. Kathy Hochul and
Lockheed Martin Owego wins more than $364M Navy order for helicopters for Norway
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego was recently awarded a $364.3 million firm-fixed-price order from the U.S. Navy against a previously issued basic ordering agreement. This order provides for the production and delivery of six multi-mission MH-60R Seahawk helicopters for the government of Norway, according to an Oct. 26 contract announcement
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