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N.Y. manufacturing index reaches highest level since 2010
General business conditions for New York manufacturers improved in February to reach their highest point since June 2010, according to a monthly survey released Feb. 15 by the Federal Reserve Bank of New York. The February 2012 Empire State Manufacturing Survey’s general business conditions index jumped 6 points to 19.5. It has been trending up […]
Small-business optimism treads water in January
Small-business owners boosted their hopes for future sales in January but cut back on their hiring plans, according to a monthly survey from the National Federation of Independent Business (NFIB). That left January’s Small Business Optimism Index stalled at 93.9, just 0.1 point higher than December. The index has climbed for five consecutive months, yet
New contract leads to expansion at Giovanni Food Co.
DeWITT — The sauce is flowing a little faster these days at Giovanni Food Co., Inc. The DeWitt manufacturer of tomato-based products recently started producing a new line of private-label barbecue sauce that will have it filling more than 1 million jars a year. And it is launching a new brand of its own, called
Local ceramic-tile maker, Shenfeld Studio, settles into new home
DeWITT –– Shenfeld Studio, a local ceramic tile designer and manufacturer, is settling into its new, larger location at 6361 Thompson Road in DeWitt. The business moved there Jan. 1 from 1005 W. Fayette St. Robert Shenfeld, the sole owner of Shenfeld Studio –– which produces ceramic tiles, historic terra cotta, and custom mosaics ––
New Le Moyne certificate offers education on government contracting
SYRACUSE — A new program at Le Moyne College aims to help some of the area’s defense-contract manufacturers fill a need and set students on a promising career path. Le Moyne launched a new certificate in government systems management last fall. Local defense contractors, including SRC, Inc. and Lockheed Martin, helped develop the content. The
IIABNY partnering with Affinity HR Group
DeWITT — The Independent Insurance Agents & Brokers of New York, Inc. (IIABNY) has endorsed a Cazenovia–based firm to provide human resources services for its
First Niagara plans to close HSBC deal in May
First Niagara Financial Group (NASDAQ: FNFG) said today it expects to close its acquisition of HSBC Bank’s upstate New York branch network on May 18.
PSC may fine Verizon for slow repairs in 2011
The New York State Public Service Commission (PSC) is considering levying several $100,000 penalties against Verizon New York, Inc. for failing to make timely repairs
State to audit health insurers’ rate increase requests
The information that health insurers use to ask the state for permission to raise rates will be subject to the scrutiny of auditors, the New
PAR reports fourth-quarter profit gain, full-year net loss
NEW HARTFORD — Earnings rose slightly in the fourth quarter for PAR Technology Corp, (NYSE: PAR), but it wasn’t enough to save the company from
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