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Otsego Innovation and Acceleration Center opens in Oneonta
ONEONTA, N.Y. — Entrepreneurs and businesses in Otsego County have a new resource available to them now that the Otsego Innovation and Acceleration Center has opened. Otsego Now, the umbrella organization of Otsego County’s Industrial Development Agency and the Otsego County Capital Resource Corporation, opened the center in February. “It’s open and ready to work […]
Cryomech set to be acquired by Finland firm it knows well
DeWITT — Cryomech in DeWitt has done a lot of work with Bluefors of Helsinki, Finland and will soon become part of the company. Cryomech, a cryocooler technology and manufacturing company, is located at 6682 Moore Road in DeWitt. Bluefors is a manufacturer of cryogenic measurement systems. “We have a long history of working together
Lockheed Martin’s Syracuse–area plant wins $32 million Navy contract modification
SALINA — Lockheed Martin Corp.’s (NYSE: LMT) facility in suburban Syracuse recently won a $32 million modification to a previously awarded contract from the U.S. Navy for design and qualification testing of submarine electronic-warfare equipment. Work on this cost-plus incentive-fee contract adjustment will be performed in Lockheed’s Salina plant and is expected to be completed
State to launch upgraded WARN Act portal to help workers facing layoffs
ALBANY, N.Y. — Gov. Kathy Hochul has announced plans to launch the new portal for the Worker Adjustment and Retraining Notification (WARN) Act. The portal
Construction work begins on glycol-recycling facility at Syracuse airport
SYRACUSE, N.Y. — The Syracuse Regional Airport Authority (SRAA) and Aéro Mag on Monday announced the beginning of construction on a new glycol recycling facility
SUNY Poly receives grant to help at-risk secondary students
MARCY — SUNY Polytechnic Institute was recently awarded more than $1.4 million from the New York State Department of Education through a Liberty Partnership Program five-year grant to serve at-risk secondary school students in the region. Using a mixed-model school and after-school based effort, the program will serve hundreds of students in grades 5-12 to
ConnextCare implementing new telehealth platform
PULASKI, N.Y. — ConnextCare says it will be implementing a new telehealth platform across all of its locations in Oswego County. The work will continue throughout the month of March. Telehealth enables a provider to see a patient remotely, regardless of their ability to physically come to the office. ConnextCare’s Pulaski office started using the
PAR reports nearly 26 percent revenue rise in 2022
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) says it closed out 2022 with increased revenue that helped the company reduce its losses and end the year ahead of its 2021 performance. For the full-year 2022, the company reported revenue of $355.8 million, up 25.8 percent from $282.9 million in 2021. PAR posted a
Clarkson professors awarded 3-year project with Micron
POTSDAM, N.Y. — Micron Technology, Inc. (NASDAQ: MU) has awarded a project to two Clarkson University professors that seeks to drive an industrywide shift toward sustainability in chemical mechanical planarization (CMP) consumable manufacturing. Clarkson University Jihoon Seo, assistant professor of chemical & biomolecular engineering and Alan Rossner, associate director for education, are the instructors involved,
Helsinki, Finland firm to acquire Cryomech
DeWITT, N.Y. — A firm based in Helsinki, Finland intends to acquire Cryomech, a cryocooler technology and manufacturing company based at 6682 Moore Road in
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