Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Feldmeier Equipment to build new plant in Little Falls, create 80 new jobs
LITTLE FALLS —Feldmeier Equipment, Inc. of DeWitt, which specializes in the fabrication of stainless-steel storage and processing equipment, today began construction on a “significant” expansion of the company’s operations in Little Falls. Gov. Andrew Cuomo today announced the project in a news release. The expansion will result in the creation of 80 new […]
Upstate Shredding acquires Ithaca scrap yard
ITHACA — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc. announced the acquisition of the assets of Reamer Recycling, Inc. in Ithaca. The all-cash transaction will close in about a month, Upstate Shredding said in a news release. It didn’t
EFC okays loans for wastewater-improvement project in Union Springs
The New York State Environmental Facilities Corp. (EFC) has approved a low-cost financing package to improve the wastewater treatment and collection systems in the Cayuga County village of Union Springs. The EFC board of directors approved an interest-free loan worth more than $560,000, along with an additional three-year loan of a similar amount at
VESTAL — “From 2008 until 2011, [our] sales averaged in the $50 million [a year] range,” says Kenneth (Ken) Elliott, the CEO of Matco Electric Corporation, Inc. “In 2012, we experienced a 50 percent jump.” The company, formerly located in a 17,000-square-foot building on N. Jensen Road, moved its headquarters in April to a
Growth fuels employment at ICS Solutions Group
ENDICOTT — Growth is the name of the game in 2013 at IT service and support provider ICS Solutions Group, which has seen its revenue jump just over the past few months and now needs to add employees to keep up with the demand. ICS President Kevin Blake attributes the growth to several factors,
Mid-York Press thrives in sluggish economy
SHERBURNE — “Nothing gives me cardiac arrest anymore,” says Robert W. Tenney, president and CEO of Mid-York Press, Inc., a printing and packaging firm located in Chenango County. Tenney rolls his eyes as he thinks back to his first day as president of the Sherburne–based business in November 1982. At age 23, and just six
Retired couple purchases Clinton bed and breakfast
CLINTON — David (Dave) and Ellen Varecka on Wednesday announced their purchase of The Arbor Inn, a bed and breakfast (B&B) in Clinton that has
Hardinge declares quarterly cash dividend of 2 cents a share
ELMIRA — Hardinge, Inc. (NASDAQ: HDNG), a manufacturer of advanced metal-cutting tools, announced today that its board of directors has approved payment of a regular
Express Employment Professionals to open location in New Hartford
NEW HARTFORD — Express Employment Professionals, a franchise that focuses on helping people find jobs and providing human-resources services for businesses, announced it plans to
Lockheed Martin cuts 114 jobs in Salina, 25 in Owego
SALINA — Defense contractor Lockheed Martin Corp. (NYSE: LMT) Thursday told 114 employees at its Salina plant and 25 workers at its Owego facility that
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.