Business News

Alfred State Bio-Refinery Project Gets Boost from State

ALFRED, N.Y. – Senator Cathy Young was at Alfred State’s School of Applied Technology in Wellsville Thursday to announce a $1 million state grant for the Bio-Refinery Commercialization Center. The funding will help establish a program to develop and commercialize a hot water process that will extract useful chemicals from various types of wood. Officials […]

European regulators approve Siemens’ $6.6 billion acquisition of Dresser-Rand

After a four-month probe, European antitrust regulators on Monday gave Siemens AG the nod to make its $6.6 billion play for Dresser-Rand, a Houston company that makes turbo compressors, turbines, valves and other components for the U.S. oil and gas industry. Siemens, which will also absorb $1.2 billion in the other company’s debt, said it […]

$23 Million Kerr-Pegula Athletic Complex Construction Complete

Houghton College announces the grand opening and dedication ceremony for the new $23 million Kerr-Pegula Athletic Complex that will take place on Saturday, October 4 during the college’s Homecoming and Family Weekend.  The dedication ceremony is free and open to the public. “We are so excited to see the Field House and phase III parts […]

Southern Tier Manufacturing Gets a $15 Million Green Light

People used to say American manufacturing is dead. Those people are awfully quiet these days. In fact, according to Business Insider, for the first time in decades, the trend of relocating manufacturing offshore is starting to reverse, and SUNY schools have been paying attention. In an effort to prepare for an influx of manufacturing jobs requiring highly-skilled […]