CBC Manufacturing Consolidating Operations In Upstate New York
“CBC Manufacturing has announced it will consolidate and grow its operations in the City of Rochester, NY. The holding company will invest $4.45 million to build out the manufacturing facility at XLI Manufacturing, which is currently located on Vanguard Parkway, to accommodate for the integration of its regional assets.”
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Tech startup NexGen takes over state-built $100M factory in DeWitt, begins hiring
“NexGen Power Systems has moved into a $100 million high-tech factory built by state taxpayers and is beginning to hire workers.”
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Drone companies sought for next round of $3M Genius NY competition
“Applications are being accepted for the fourth round of the $3 million Genius NY business competition, the largest of its type focused on startups in the unmanned systems industry.”
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Workforce Development funding touted at Mohawk Valley regional council
“With the statewide average unemployment rate under 4 percent, the concept of “workforce development” took center stage at the Mohawk Valley Regional Economic Development Council meeting.”
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Armory Square Ventures launches $31M fund for early-stage tech companies
“A venture capital firm based in Syracuse and New York City has launched a $31 million fund that it says will invest in early-stage technology companies.”
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