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Business leaders cautiously optimistic about Central New York economy

29.10.09

After months of job losses, sponsor of the event, the association for the manufacturing center of New York saw the local factory employment to stabilize and regain control, said Randall Wolken, president MACNY's. "We hear good news," he said.

Fueling the optimism are recent announcements that companies such as Bitzer Scroll, a commerical air conditioning maker, and Reva, an electric car factory, are moving to the area, Wolken said.

However, “We’re not out of it yet,” he said. Local companies “know it’s going to be a slow recovery.”

About 150 business leaders and politicians met at the breakfast at the DoubleTree Hotel on Carrier Circle to discuss policy issues. Some offered their views of the local economy.

"It was a difficult year, but we are optimistic about the future," said Don Lynch, manager of supply chain for Welch Allyn Inc. Skaneateles Maker medical device earlier this year has reduced its local staff through an early retirement offer.

Source: The Post-Standard - Syracuse.com