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ConMed hikes full-year revenue guidance after Q1 sales rise
ConMed Corporation (NYSE: CNMD) reported that sales increased nearly 22 percent in the first quarter of 2023 as surgical-procedure volumes grew, pushing the medical-device manufacturer to increase its revenue guidance for the full year. ConMed’s net income for the quarter was $1.8 million, down from $14.9 million for the same quarter a year ago, and […]
Environmental-survey work starts at Micron site
CLAY, N.Y. — Environmental-survey work has started at the White Pine Commerce Park in the town of Clay where Micron Technology Inc. (NASDAQ: MU) plans to build a semiconductor campus. “Right now, we’ll be doing environmental permitting throughout 2023 and into 2024. After we complete that process, we’ll begin the ground preparation and construction,” Scott
Feldmeier Equipment announces new president and CEO, additional roles
DeWITT, N.Y. — Feldmeier Equipment Inc. has announced the appointment of Colby Clark as its next president and CEO. Feldmeier Equipment is a DeWitt–based stainless-steel
State, Micron announce community-engagement committee that’ll advise on Micron project
SYRACUSE, N.Y. — Gov. Kathy Hochul and Micron Technology, Inc. (NASDAQ: MU) on Friday announced the members of the Micron community-engagement committee. The group includes
Lockheed Martin Owego wins nearly $30 million Navy order modification
OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego has been awarded a more than $29.5 billion firm-fixed-price modification to an order against a previously-issued basic ordering agreement. This adjustment exercises options to procure 228 Generation 3i/5i mission computers (MCs) (210 for the Navy, 11 for the government of Australia, four for the
Micron says environmental-survey work has started in Clay at site of future semiconductor campus
CLAY, N.Y. — The environmental-survey work has started at the White Pine Commerce Park in the town of Clay where Micron Technology Inc. (NASDAQ: MU)
Micron Technology to pay $85K to resolve claim of immigration-related employment discrimination
Micron Technology Inc. will pay $85,000 in a settlement with the U.S. Department of Justice over a claim of immigration-related employment discrimination. The agreement resolves
Saab wins $14.6 million Navy contract modification, with most of the work to be done in DeWitt
DeWITT, N.Y. — Saab Inc., was recently awarded a more than $14.6 million modification to a previously awarded U.S. Navy contract to exercise options for fiscal 2023 MK 9 fire-control system development and production efforts. Work on the firm-fixed-price contract adjustment will be performed in DeWitt (81 percent); Rancho Cordova, California (13 percent); Airmont, New
Lockheed Martin’s Salina plant wins more than $14M Navy contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Rotary & Mission Systems facility in suburban Syracuse has recently been awarded a more than $14.4 million adjustment to a previously awarded contract for U.S. Navy systems and associated equipment. Work on the fixed-price, incentive-fee contract modification will be performed at Lockheed sites in the town of
N.Y. manufacturing activity grew for the first time in 5 months
Improvements in orders and shipments were among the factors as the general business-conditions index of the monthly Empire State Manufacturing Survey jumped 35 points in April to 10.8. The general business-conditions index is the monthly gauge of New York’s manufacturing industry. The index had fallen 19 points in March to -24.6. The April reading —
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