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Manufacturing Round Up for the Week of 04/29/16

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Made in NYC Looks to Give Manufacturing a Handcrafted Image

“The image of the American factory floor is as classic as Henry Ford’s Model T assembly line and just as enduring in the popular imagination. For decades, manufacturing jobs have been the ladder to the middle class for Americans of modest means and education. So when Made in NYC, a group that promotes local manufacturing, began an advertising campaign this spring, its goal was more than just to draw attention to items produced in the city.”
Read more here.

How Chobani Employees in Upstate New York could become Millionaires

“More than 2,000 employees of Greek yogurt company Chobani, headquartered in upstate New York, will be offered ownership stakes in the company. Chobani CEO Hamdi Ulukaya said Tuesday he will offer employees shares worth up to 10 percent of the company when it goes public or is sold.”
Read more here.

At East/West, 3D Prototyping With A Capital 3

“East/West Industries felt the need for speed. The longtime Long Island manufacturer, launched in Wantagh in 1968 and based now in Ronkonkoma, has spent the better part of five decades protecting aircrew lives by developing and producing newer and better aircraft seats and life-support systems primarily for military aircraft, and related ground-support equipment.”
Read more here.

Big Ditch, General Welding get RDC Loans

Growth plans by two area businesses, including one of Buffalo’s best known microbreweries, received a boost when a low-interest loan for each was approved by an affiliate of the Erie County Industrial Development Agency. The Buffalo and Erie County Regional Development Corp. directors on Wednesday unanimously approved separate $500,000 low-interest loans — one for Big Ditch Brewing Co. and the other for Elma-based General Welding & Fabricating.”
Read more here.

Kress replaces Seligman as Co-Chairman of FLREDC

“Monroe Community College president Anne Kress has been tapped to serve as the academic co-chairman of the Finger Lakes Regional Economic Development Council. Gov. Andrew Cuomo announced Wednesday Kress will replace the University of Rochester president Joel Seligman, who has held the post since 2011.”
Read more here.

Whiskey, Vodka Producers in High Spirits about Craft Distillery Boom

“Vodka from Upstate Distilling Company will be available this summer, the first of many products owner Ryen VanHall expects to produce at the farm distillery in Saratoga Springs, New York.”
Read more here.

New Latham Headquarters could be the Ticket for CDTA’s Future

“Carm Basile’s long-term vision for the Capital District Transportation Authority includes building a new regional headquarters in Latham, New York, that he estimates would cost $100 million. Basile, chief executive officer of CDTA, said the headquarters would ideally be off Northway Exit 4 or 5 — a central location convenient to the bus system’s routes in Albany, Rensselaer, Saratoga and Schenectady counties.”
Read more here.

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