| Carrier invests in DeWitt campus
Driving into Syracuse from Carrier Circle, visitors drive past a bombed-out-looking hotel and weedy parking lots across the street from Carrier Corp. Friday, Carrier announced plans for a $5 million renovation of its site. The air conditioning and refrigeration giant wants to sell off the parking lots, demolish an old building and upgrade the facade on its building facing Thompson Road. And while Carrier's plans won't take care of the dilapidated Howard Johnson's across from its Thompson Road campus, economic developers say it will go a long way toward sprucing up the neighborhood. Carrier President Geraud Darnis revealed the company's plans to its 1,500 employees during a visit to the DeWitt campus Friday morning. "Our goal is to turn vacant properties into productive assets for the community, while reducing our excess space to make the campus sustainable for the future," he said in a news release.
German company to open new plant in Syracuse suburb
SYRACUSE, N.Y. - Gov. Eliot Spitzer says a German company that makes compressors for industrial air conditioning and refrigeration equipment will open a new manufacturing facility in suburban Syracuse.
The governor says the Bitzer Scroll plant will employ nearly 300 people in high-end engineering and manufacturing jobs. The plant will open in a former General Motors factory in the town of Salina.
Bitzer officials promise to invest $30 million into the new facility over the next five years.
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Manufacturing company moving into old GM plant (video)
The old General Motors plant in the Town of Salina is about to have some new life breathed into it. BITZER Scroll, an independent air conditioning and refrigeration company, will be moving into the plant. The move is expected to create around 300 engineering and manufacturing jobs. BITZER Scroll will use a 1.4 million dollar grant from the Empire State Development Corporation to invest in the plant. The company says it will invest 30 million dollars over the next five years. In a press release Governor Spitzer says that BITZER Scroll could have located anywhere in the world, but "the company chose Syracuse and Central New York because we demonstrated the value of our workforce and our knowledge-based resources. " He goes on to say that BITZER Scroll will be the cornerstone of upstate economic revitalization.
DuPont Acquires Chemtura Fluorine Chemicals Business
WILMINGTON, Del., Feb. 1 /PRNewswire-FirstCall/ -- DuPont (NYSE: DD) today announced that it has completed its purchase of Chemtura Corporation's fluorine chemicals business. The move is part of DuPont's strategy to expand its fluorochemicals business offerings; enhance its presence in specialty businesses such as the fire extinguishants, pharmaceutical propellants and fluoro-intermediate markets; and leverage the assets and technologies included in the acquisition for the development of more sustainable fluorochemical materials, such as low global warming potential mobile air-conditioning fluids, foam expansion agents and refrigeration technologies. Financial terms were not disclosed. The acquisition includes all of Chemtura's fluorine business, along with the fluorine chemicals production unit that is part of Chemtura's manufacturing site in El Dorado, Ark., which will be fully integrated into DuPont's operations.
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