A MEADS missile system on display at a trade show.
Money for the final year of a missile system that supports a few hundred jobs for a defense contractor near Syracuse has been removed from Congress' defense budget. But Lockheed Martin is keeping optimistic that the money could find its way back into the budget.
Closing the gap between innovation and commercialization is the key to boosting the national economy. That is one of the messages at a manufacturing summit being held in Rochester this week. Industry leaders say economic growth triggered by American ideas needs to be kept within the United States' borders.
Microphone in hand, hopeful entrepreneurs began their pitches: a way to track when the next bus is coming, a more portable sailboat, a social network for food lovers.
The walls on the 55,000 square foot expansion started going up a few weeks ago, but company owners and state and local economic development officials still gathered Thursday at Currier Plastics in Auburn to throw some dirt around with gleaming shovels.
Gov. Andrew Cuomo surveys state funded projects in downtown Rochester.
Using a now-familiar travel routine, Governor Andrew Cuomo made his sixth tour of New York's regions to monitor the progress of projects funded through the Regional Economic Development Councils (REDC).
Personal income growth in New York state remained below the national average in 2011, a new report shows. Figures from the Bureau of Economic Analysis show growth in some areas of New York were almost 2 percentage points below the national average of 5.2 percent.
An upstate company has developed a system for motorcycle helmets that could have applications for both defensive driving and sports. A system of sensors alerts riders when the helmet has damage that might not be visible, but could compromise safety.
It’s a Friday afternoon at the Technology Garden, a business incubator in Syracuse. The dozen or so staff members of software design company Rounded Development are sitting around on couches, chowing on Dinosaur Barbeque take-out and chatting up ideas for new products.
The success of the burgeoning yogurt industry has helped the Genesee County Economic Development Center (GCEDC) be named the Industrial Development Agency of the year in upstate New York, for their work in developing the Genesee Valley Agri-Business Park in Batavia.
Upstate communities are reaching out to women working in the sustainable economy. This week, community group Greenworks Buffalo Niagara hosted the first in a series of events for "green" women, and many are still bumping their heads against the glass ceiling.
