Tag: Hudson Valley Manufacturing

SUNY New Paltz Advanced Manufacturing Center receives Central Hudson Development Grant

Post: Feb. 21, 2019

 

Earlier this month the exciting news that “Central Hudson as & Electric Corp. has awarded the Hudson Valley Advanced Manufacturing Center (HVAMC) at SUNY New Paltz a $200,000 Wired Innovation Centers grant to enhance the Center’s 3D metal printing capabilities, allowing HVAMC to perform high-resolution printing of wax components and direct metal printing, and acquire new post-processing equipment that makes it possible to create high-quality, final use parts” was announced.

Central Hudson’s funding relied on getting matching contributions for the first $50,000 from the local manufacturing community. Many Council of Industry members stepped up to meet the challenge including Selux Corporation, Ametek Rotron, Schatz Bearing Corporation, Zumtobel Lighting and ColorPage. The Dyson Foundation also helped to initially support the center’s metal printing and wax printing capabilities by donating $500,000.

The Engineering Innovation Hub will be the new home of the HVAMC, and is scheduled to open later this year on the SUNY New Paltz Campus. It will be a brand new, state-of-the-art academic building, which was made possible by a $10 million award from Governor Andrew Cuomo’s NYSUNY2020 grant program. The initiative supports the economic growth of academic programs throughout New York State’s public universities and colleges. “The mission of the program is to elevate SUNY as a catalyst for regional economic development and affordable education.”

SUNY New Paltz was also awarded $1 million from the Governor’s Mid-Hudson Regional Economic Development Council’s annual Consolidated Funding Application. These contributions were all instrumental in making the new Engineering Innovation Hub a reality. Central Hudson first partnered with SUNY New Paltz in 2014 and has been a consistent supporter of advanced manufacturing at the college since.

“We’re happy to continue to support SUNY New Paltz as they expand the capabilities of the HVAMC into 3-D metal printing” said Vice President of Customer Services & Regulatory Affairs Anthony Campagiorni. “Fostering development in emerging technologies is essential to our region’s economic viability and we look forward to seeing HVAMC build on its current successes.”

For more details you can read the full article here.

February 2019 Empire State Manufacturing Survey

Post: Feb. 15, 2019

 

 

The results for the February 2019 Empire State Manufacturing Survey are in, and they’re more positive than January. The general business conditions index increased after falling eight points in January to its lowest point in well over a year.

Business activity grew modestly in New York State, according to firms responding to the February 2019 Empire State Manufacturing Survey. The headline general business conditions index moved up five points to 8.8. New orders and shipments also increased modestly. Delivery times were slightly longer, and inventories held steady. Labor market indicators pointed to a slight increase in employment and hours worked. The prices paid index moved lower for a third consecutive month, indicating an ongoing deceleration in input price increases, while the prices received index climbed ten points to reach its highest level in several months, indicating a pickup in selling price increases. 

The Empire State Manufacturing Survey also asks manufacturers to provide a six-month outlook, which improved significantly from January. Firms are fairly optimistic about future conditions after slumping last month.

Read the full report for a more detailed look at the results.