Joe Kummer is president of Propulsive Wing, a small drone maker in Elbridge, N.Y.
New York state is poised to become one of the nation's leading economic beneficiaries of a burgeoning domestic drone industry, according to a new report from an industry trade group.
A pledge of new investment from its parent company and news of a newly secured military contract have workers at Remington Arms a little more optimistic their jobs will be staying in upstate New York.
Job figures are on the rise across New York state, however private-sector jobs in some upstate areas have declined according to the state Department of Labor’s latest jobs report.
Boosting exports, focusing on homegrown New York businesses, and the importance of engaging with Generation Y. These were all topics of focus at the Accelerate Upstate 2.0 conference in Buffalo this week.
Syracuse-area Rep. Dan Maffei is getting reacquainted with central New York voters. The first of a series of listening tours this week focused on business in the new 24th Congressional District.
Kodak filed for Chapter 11 bankruptcy a year ago. The intervening months have seen big layoffs, pay freezes for workers, and an end to benefits for many of the company's retirees. However, Kodak also secured an extra $830 million in funding, and sold its patent portfolio.
New York Electric Motor Service, a small motor company based in Glens Falls, changed hands at the beginning of the year, and additional hiring is likely to follow.
The computer chip manufacturer GlobalFoundries has announced that it will move forward with plans to construct a $2 billion research and development center in Saratoga County.
The national unemployment level remained unchanged at 7.8 percent for December, according to Bureau of Labor Statistic figures released today. This is the 49th consecutive month unemployment has been above 7 percent but according to analysis from an interest group, those numbers don’t reflect the reality for young adults.