Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
North Country manufacturer’s 110 years of growth, change hasn’t yet hit a Climax
In January 1902, Michigan played Stanford at the Rose Bowl in Pasadena, Calif. It was the first college bowl game. In April, Leon Serpollet set a new car land-speed record of 75.06 miles-per-hour. In August, Teddy Roosevelt was the first U.S. president to ride in an automobile. That same year, Samuel L. Hirschey founded the […]
New York manufacturing index plunges below zero in August
Business conditions for New York manufacturers fell apart in August, according to a monthly survey from the Federal Reserve Bank of New York. The general business conditions index in the New York Fed’s Empire State Manufacturing Survey, which was released Aug. 15, plummeted 13.2 points to -5.9. It is the first time the index dropped
Small-business optimism slips again in July
Sagging earnings underpinned a dip in small-business owners’ optimism in July, according to a monthly index from the National Federation of Independent Business (NFIB). The NFIB reported that its Small Business Optimism Index slipped 0.2 points to 91.2, remaining at “recession levels.” It has declined for three consecutive months, although July’s decrease is smaller than
Nonprofits face pressure to merge or affiliate
“In business, you have to lead, follow or get out of the way.” — Lee Iacocca Gov. Cuomo has taken dead aim at the nonprofit sector in New York State, with particular emphasis on those agencies funded with state dollars. After issuing an executive order in January on CEO compensation and administrative cost
HERKIMER — Annese & Associates, Inc. has been expanding into New England in recent years and company leaders are making plans to open an office there. The firm began its expansion into New England by pursuing work in Vermont in 2010, Annese President and CEO Ray Apy says. The company has an office in the
Clarkson becomes satellite of SU assessment center
POTSDAM — Clarkson University is now a satellite of the Syracuse University (SU) Industrial Assessment Center. SU’s L.C. Smith College of Engineering and Computer Science
ConMed to acquire Viking Systems
UTICA — ConMed Corp. (NASDAQ: CNMD) announced today it will acquire Westborough, Mass.–based Viking Systems, Inc. (OTCBB: VKNG) in a $22.5 million deal. Viking develops
Chobani founder discusses company’s growth on CNBC
Chobani founder Hamdi Ulukaya took a break from watching the Olympics in London to appear live Friday morning on CNBC’s “Squawk on the Street” show
Big Lots opens new Binghamton store
BINGHAMTON — Big Lots opened its new Binghamton store Friday with a ribbon-cutting ceremony and check presentation. The new store at 10 Glenwood Ave. replaces
NY seeks proposals for flood-control surveying in Broome, Steuben, Schuyler counties
New York State is calling for proposals to perform $355,000 in boundary survey work on flood-control projects in Broome, Steuben, and Schuyler counties. The surveying
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.