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Industries

Cree to build $1B semiconductor plant in Marcy, with state help

MARCY — A North Carolina company expects to create more than 600 full-time, “highly-skilled” technician and engineering positions at the Marcy Nanocenter on the SUNY Polytechnic Institute campus near Utica. Cree, Inc. (NASDAQ: CREE) on Sept. 23 announced plans to spend $1 billion to build the “world’s largest silicon carbide fabrication facility” in Marcy. Cree

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New York manufacturing index slips in September

The Empire State Manufacturing survey general business-conditions index fell nearly three points to 2.0 in September, still indicating moderate expansion in the sector’s activity. This followed increases in the index in both August and July as it rebounded from a record decline in June.  The September reading, based on firms responding to the survey, indicates

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