NYS Manufacturing Round Up Week of 12/15/2017
New York Awards $755M in Economic Development Funding
“Christmas came early for economic development officials across New York state Wednesday with Gov. Andrew Cuomo’s administration announcing $755 million in funding for hundreds of local efforts to boost the state’s business climate.”
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Study examines industrial potential of Halfmoon site
“Halfmoon is hoping to bring more industrial development, as well as companies that specialize in clean energy and manufacturing, to a 400–acre parcel located in the northeast corner of town.”
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New York Manufacturing Business Opens 3D Printed Jewelry Department and B2B Ordering Service
“But what if designers didn’t have to wait that long for a custom piece of 3D printed jewelry? Customization and speedier production frequently come together in 3D printed jewelry, as you can order custom pieces designed from a specific date or even a sound wave.”
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Austin losing small part of 3M: Conglomerate to sell optical cable division to Corning for $900 million
“Corning Inc., a Corning, N.Y.-based manufacturer, is buying the division, which makes cords for internet connectivity and other telecommunication networks, according to a Monday announcement.”
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New Yorkers Thirstier Than Ever for Craft Beer, Wine
“Consumer demand for locally made, handcrafted beer, wine, cider and liquor has caused the number of New York alcohol manufacturers to surge in recent years.”
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Federal Tax Bill Bad for Buffalo Development?
“ ’This is going to be a transformational project in the heart of the city of Buffalo, in the heart of the east side of Buffalo,’ Kennedy said.”
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6 finalists for next round of Genius NY competition in Syracuse announced
“The state-funded program, one of the largest business competitions focused on unmanned systems, will invest $3 million in the six companies. The investment includes three grand prizes valued at up to $1 million, $600,000 and $400,000.”
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