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Remington Arms wins $47M contract to supply Philippine military
ILION — Remington Outdoor Company, Inc., parent of Remington Arms, has won a nearly $50 million to supply the armed forces of the Philippines with
HealthWay: Heading for $1 billion within a decade
PULASKI — “Nothing is tougher to sell than air,” says Vincent (Vinny) Lobdell, Jr., president of PURE Global. Tough or not, Lobdell and his father Vincent G. Lobdell, president and CEO of a sister company — HealthWay Home Products, Inc. — have set their sights on growing their enterprise to $1 billion in annual sales
Loretto names Kimberly Townsend new CEO
SYRACUSE — The board of directors at Loretto recently named new senior leadership following the organization’s efforts to streamline its operations. The organization appointed Kimberly Townsend, who has served on Loretto’s board of directors for 10 years, to president and CEO. Townsend has served as board president since 2011, Loretto said in a news release.
Sherrill Manufacturing reorganization plan approved
SHERRILL — A little more than three years after filing for Chapter 11 bankruptcy protection, Sherrill Manufacturing’s reorganization plan received approval from the U.S. Bankruptcy Court for the Northern District of New York. On Nov. 6, Judge Diane Davis signed off on a plan that repays all Sherrill’s secured creditors and sets the company on
BSU thrives in contract-assembly manufacturing niche
ITHACA — Jack-of-all-trades, master of none? That’s not the case at BSU, Inc., a woman-owned, contract-assembly manufacturer of electronic-circuit boards that has not only carved out its own niche, but also has thrived in it. “We’re not going to be all things to all people, so let’s just concentrate on doing what we do really
Inficon, CNYIBA encourage area firms to pursue international sales
DeWITT — Central New York firms should strongly consider pursuing global sales to generate additional revenue. And, local businesses that are prospering selling overseas are here to share their experiences. That was the message of a recent press event put on by the newly relaunched Central New York International Business Alliance (CNYIBA). Inficon, Inc., a
Cuomo unveils NY’s plan to build high-tech manufacturing complex in Buffalo
BUFFALO — Gov. Andrew Cuomo on Nov. 21 announced New York will build an anchor hub facility for high-tech and green-energy businesses in the city of Buffalo. The effort is part of Cuomo’s Buffalo Billion initiative to attract companies and jobs to the region. Soraa and Silevo, two California–based clean-energy companies, will invest a total
Utica Custom T-Shirt Company to expand, add jobs
UTICA — The Utica Custom T-Shirt Co., a producer of custom apparel, on Tuesday announced its acquisition of a building that will triple the size
Community Bank System declares dividend of 28 cents a share
DeWITT — Community Bank System, Inc. (NYSE: CBU) has declared a quarterly cash dividend of 28 cents per share on its common stock. The dividend will be
Chemung Canal Trust completes acquisition of six Bank of America branches in CNY
ELMIRA — Chemung Canal Trust Company has completed the acquisition of six former Bank of America branch offices located in Auburn, Cortland, Ithaca, and Seneca
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