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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

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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

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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

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Matco Electric sales soar

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

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CNA returns to downtown Syracuse

SYRACUSE — The local unit of CNA (NYSE: CNA), a Chicago–based commercial-insurance provider, on Aug. 12 opened its new 26,000-square-foot office space in AXA Tower II at 120 Madison St. in downtown Syracuse.   The move brought about 120 positions to downtown Syracuse, says Roy Orr, vice president for the east zone of commercial clients

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EPA awards grants targeting the water quality of Onondaga Lake

The U.S. Environmental Protection Agency (EPA) has awarded two grants totaling $260,000, aimed at improving the water quality in Onondaga Lake and its watershed.   “These two grants … will really advance our work to address pollution in Onondaga Lake,” Judith Enck, administrator for EPA Region 2, said during an Aug. 8 conference call.  

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NFIB: small-business optimism up ‘marginally’ in July

Small-business optimism “sighed” in July, with a monthly index that measures the optimism up 0.6 points for a reading of 94.1, according to the National Federation of Independent Business (NFIB), which released the index Aug. 13.   The optimism index rose “marginally,” the NFIB said on its website.   The latest report continues the “historically

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Reflections from the PGA Championship

I was fortunate to see the world’s best golfers in action while attending the 2013 PGA Championship at Oak Hill Country Club in Pittsford Aug. 8-11   The major tournament was estimated to have produced a nearly $80 million economic impact on the greater Rochester region, according to the economic-development group, Greater Rochester Enterprise (GRE).

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