Novelis to spend $120 million on upstate NY plant
December 18, 2013
Times Union SCRIBA, N.Y. (AP) — The world’s largest producer of aluminum for the automobile industry is expanding again in upstate New York. Novelis Inc. says it
December 2013
HTR chosen as an Innovation Hot Spot site
December 17, 2013
Rochester Business Journal High Tech Rochester Inc. has been chosen as an Innovation Hot Spot and will receive up to $250,000 in state funding to
Capital Region manufacturing: Computer chips, and so much more
December 17, 2013
Albany Business Review At first blush, the stats say manufacturing doesn’t run the economy in New York’s Capital Region. State government is an anchor. Health care
Schumer: Lockheed Martin CEO says Salina plant fits into defense giant's future
December 17, 2013
Syracuse.com WASHINGTON – Lockheed Martin Corp.’s plant in Salina is a strong performer that is well-positioned to stay in business for the foreseeable future, U.S.
Empire State Development Announces Innovation Hot Spot Awardees
December 13, 2013
Empire State Development (ESD) announced today that, through Governor Andrew M. Cuomo’s Regional Economic Development Council (REDC) initiative, the first five regions across New York State were awarded funding to launch Innovation Hot Spot programs. A new facet of the REDC initiative in 2013, the Innovation Hot Spots Competition is designed to make New York State a leader in growing new technology based companies by attracting venture capital and industry-sponsored research spending. The Hot Spots will foster innovation by offering start-ups valuable business support services to help commercialize academic research and promote further collaboration between business and academia.
Beech-Nut completes sale of former Canajoharie plant
December 13, 2013
Times Union Beech-Nut said Monday morning it has completed the sale of its former manufacturing plant in downtown Canajoharie. The purchaser was described only as
Corning Inc. to get $30M federal tax credit for Erwin plant
December 13, 2013
Corning Inc. has received a $30 million federal tax credit package from the U.S. Departments of Energy and Treasury to build U.S. capabilities in clean
Kelly steps up 'MyFanClip' manufacturing plan
December 13, 2013
Buffalo Business First Jim Kelly’s latest business venture came to him while schmoozing at a recent Super Bowl. The Pro Football Hall of Fame and
How to Commercialize Innovation and Support Manufacturing
December 13, 2013
The Massachusetts Institute of Technology’s (MIT) Production in Innovation Economy (PIE) commission isn’t satisfied with how the United States is commercializing innovation and supporting manufacturing. Although America still has deep reserves of innovation capacity, decades of decline in our manufacturing base have made it difficult for companies to bring new products and technologies to market.
At September conference, the PIE commission summarized its findings, offered recommendations, and asked tough questions that require answers from more than just manufacturers. After collecting data and conducting hundreds of interviews with industry leaders, MIT faculty members explained how the U.S. can turn its strengths in science and research into businesses, products, and jobs.