Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Binghamton, New York
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Economy== [[File:LestershireHeavyWorkShoes.jpg|thumb|[[Endicott Johnson Corporation|Endicott Johnson]] factory]] [[File:IBM System360 Model 30.jpg|right|thumb|The [[IBM System/360]] computer, built in the Binghamton area]] After the boom of the cigar industry in the 1880s,<ref name="broomehist" /> the Binghamton area became increasingly reliant on large manufacturers, with both [[Endicott Johnson Corporation|Endicott Johnson]], a shoe manufacturer, and [[IBM]] employing 15,000 to 20,000 local workers at their peak.<ref name="broomehist" /><ref name="ejhist" /> Other companies with a large historical presence included [[Link Trainer|Link Aviation Devices]], [[Ansco]], and [[General Electric]].<ref name="bingcityhist" /> Several other notable businesses started in Binghamton, such as [[Valvoline]],<ref>{{cite web |title=Company Overview |url=http://www.valvoline.com/faqs/our-business/company-overview/ |publisher=Valvoline |access-date=September 2, 2013 |archive-date=September 11, 2013 |archive-url=https://web.archive.org/web/20130911232833/http://www.valvoline.com/faqs/our-business/company-overview |url-status=dead}}</ref> the Nineteen Hundred Washer Company (which merged to form [[Whirlpool Corporation|Whirlpool]]),<ref>{{cite web |title=100 Years at a Glance |url=http://www.whirlpoolcorp.com/100/includes/documents/factsheet.pdf |publisher=Whirlpool Corporation |access-date=September 2, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131021024117/http://www.whirlpoolcorp.com/100/includes/documents/FactSheet.pdf |archive-date=October 21, 2013}}</ref> and ''Dr. Kilmer's Swamp Root'', a famous [[patent medicine]].<ref>{{cite web |title=Dr. Kilmer's Remedies |url=http://www.antiquemedicines.com/Kilmer/Kilmer.htm |publisher=Antique Medicines |access-date=September 2, 2013 |archive-date=March 11, 2022 |archive-url=https://web.archive.org/web/20220311085107/http://www.antiquemedicines.com/Kilmer/Kilmer.htm |url-status=live }}</ref> [[Dick's Sporting Goods]] began as a fishing store in the East Side in 1948, and was headquartered in Binghamton until 1994.<ref>{{cite news |first=Teresa |last=Lindeman |title=Ed's way stacks up well for Dick's |newspaper=[[Pittsburgh Post-Gazette]] |date=November 21, 2004}}</ref> Much of Binghamton's current employment base is oriented toward technology and defense manufacturing, though the sector has been diminishing since 1990.<ref name="pewcenter" /><ref name="jobshift" /> Areas of specialization include [[systems integration]], [[flight simulation]], and [[printed circuit board]] manufacturing. The largest such companies in the area are [[Lockheed Martin Mission Systems and Sensors|Lockheed Martin]], [[BAE Systems]], IBM, [[Sanmina-SCI Corporation|Sanmina-SCI]], and [[Universal Instruments]].<ref name="econplan">{{cite web |title=Economic Profile |url=http://www.gobroomecounty.com/files/planning/_pdf/Comprehensive%20Plan/compplan_economicprofile%282%29.pdf |work=Broome County Comprehensive Plan |publisher=Broome County |access-date=September 2, 2013 |archive-url=https://web.archive.org/web/20131113020622/http://www.gobroomecounty.com/files/planning/_pdf/Comprehensive%20Plan/compplan_economicprofile%282%29.pdf |archive-date=November 13, 2013 |url-status=dead}}</ref> Other notable technology firms include i3 Electronics,<ref>{{cite web |url=http://i3electronics.com/2016/11/21/endicott-interconnect-is-now-i3-electronics/ |title=Endicott Interconnect Is Now i3 Electronics β i3 electronics |website=i3electronics.com |language=en-US |access-date=May 25, 2018 |archive-date=May 26, 2018 |archive-url=https://web.archive.org/web/20180526041151/http://i3electronics.com/2016/11/21/endicott-interconnect-is-now-i3-electronics/ |url-status=dead}}</ref> [[Rockwell Collins]], and [[L-3 Communications]], which absorbed the Link Aviation operations. Although not a large employer, the [[McIntosh Laboratory]] is a well-known<ref>{{cite magazine |last=Bitran |first=Ariel |title=A Lifestyle Redefined |url=http://www.stereophile.com/content/lifestyle-redefined |magazine=Stereophile |access-date=September 2, 2013 |date=October 26, 2011 |archive-date=September 17, 2021 |archive-url=https://web.archive.org/web/20210917174006/https://www.stereophile.com/content/lifestyle-redefined |url-status=live }}</ref><ref>{{cite web |title=McIntosh Legends |url=http://www.mcintoshlabs.com/us/Brand/Pages/Legends.aspx |publisher=McIntosh Laboratory |access-date=September 2, 2013 |archive-date=February 14, 2018 |archive-url=https://web.archive.org/web/20180214091303/http://www.mcintoshlabs.com/us/Brand/Pages/Legends.aspx |url-status=live }}</ref> high-end manufacturer of audio amplifiers, receivers, and other components.<ref>{{cite web |title=McIntosh Heritage |url=http://www.mcintoshlabs.com/us/Brand/Pages/Heritage.aspx |publisher=McIntosh Laboratory |access-date=September 2, 2013 |archive-date=February 12, 2018 |archive-url=https://web.archive.org/web/20180212150820/http://www.mcintoshlabs.com/us/Brand/Pages/Heritage.aspx |url-status=live }}</ref> Despite the sustained job losses, the Binghamton MSA had 13% of New York State's computer and electronics manufacturing jobs as of 2010.<ref name="econplan" /> Education and health care are also becoming significant sectors in the regional economy.<ref name="jobshift" /> In particular, [[Binghamton University]] and [[Broome Community College]] employ many researchers and educators. Binghamton University has a New York State Center of Excellence for small-scale systems integration, and it has provided the major impetus for the Southern Tier High Technology [[Business incubator|Incubator]] in downtown Binghamton, which encourages the growth of local [[startup company|startups]].<ref name="incubator">{{cite news |last=Reilly |first=Steve |title=Southern Tier High Technology Incubator: Region's great hope |url=http://www.pressconnects.com/article/20130202/NEWS01/302020053/0/news01/Southern-Tier-High-Technology-Incubator-Region-s-great-hope |access-date=September 2, 2013 |newspaper=Press & Sun-Bulletin |date=February 2, 2013 |location=Binghamton, NY |url-status=dead |archive-url=https://archive.today/20130828031754/http://www.pressconnects.com/article/20130202/NEWS01/302020053/0/news01/Southern-Tier-High-Technology-Incubator-Region-s-great-hope |archive-date=August 28, 2013}}</ref> [[Upstate Medical University]] has worked to expand its clinical campus by establishing a permanent home at the former [[New York State Inebriate Asylum]] on the East Side.<ref name="upstateclinical">{{cite web |last=Geddes |first=Darryl |title=Plans to transform Binghamton landmark into medical school campus moves forward |url=http://www.upstate.edu/news/article.php?title=4780 |publisher=Upstate Medical University |access-date=September 2, 2013 |date=October 1, 2012 |archive-url=https://web.archive.org/web/20131113023603/http://www.upstate.edu/news/article.php?title=4780 |archive-date=November 13, 2013 |url-status=dead}}</ref> Major companies in the private healthcare industry include [[United Health Services]] and [[Lourdes Hospital (New York)|Lourdes Hospital]].<ref name="econplan" /> [[File:Boscovs Binghamton.jpg|thumb|[[Boscov's]] in downtown Binghamton]] Binghamton also has many food services and distribution companies. Maines Paper & Food Service and Willow Run Foods - two of the nation's largest food distributors who serve restaurants throughout the United States - have their headquarters in the area.<ref name="maines">{{cite web |title=Maines Paper & Food Service |url=https://www.forbes.com/companies/maines-paper-food-service/ |work=America's Largest Private Companies |publisher=Forbes |access-date=September 2, 2013 |archive-date=November 27, 2020 |archive-url=https://web.archive.org/web/20201127211626/https://www.forbes.com/companies/maines-paper-food-service/ |url-status=live }}</ref><ref>{{cite web |title=History |url=http://www.willowrunfoods.com/AboutUs/History.aspx |publisher=Willow Run Foods |access-date=September 2, 2013 |archive-date=December 9, 2013 |archive-url=https://web.archive.org/web/20131209194911/http://www.willowrunfoods.com/AboutUs/History.aspx |url-status=dead}}</ref> Maines is one of the largest private companies in the country.<ref name="maines" /> [[Crowley Foods]], a subsidiary of [[HP Hood]], maintains headquarters in Binghamton,<ref>{{cite web |title=About |url=http://www.crowleyfoods.com/About/default.aspx?id=2454 |publisher=Crowley Foods |access-date=September 2, 2013 |archive-date=October 27, 2021 |archive-url=https://web.archive.org/web/20211027185509/http://crowleyfoods.com/About/default.aspx?id=2454 |url-status=dead}}</ref> and [[Frito-Lay]] has a large plant in the region.<ref name="econplan" /> Agriculture has long played a notable role in the regional economy, and the [[American Farm Bureau Federation|farm bureau]] movement started in Binghamton in 1911.<ref>{{cite web |title=Farm Bureau: Historical Highlights, 1919 β 1994 |url=http://www.fb.org/about/history/ |website=American Farm Bureau Federation |access-date=January 24, 2016 |archive-date=July 13, 2022 |archive-url=https://web.archive.org/web/20220713173316/https://www.fb.org/about/history |url-status=dead}}</ref> Other notable local employers include [[Iberdrola USA|New York State Electric & Gas]] and [[Johnson Outdoors]].<ref name="econplan" /> Two insurance companies, [[Security Mutual Life Insurance Company of New York|Security Mutual Life]] and Columbian Financial Group, maintain headquarters in the area.<ref>{{cite web |title=History |url=http://www.smlny.com/why-security-mutual-life/history/ |publisher=Security Mutual Life |access-date=September 2, 2013 |archive-url=https://web.archive.org/web/20131113023358/http://www.smlny.com/why-security-mutual-life/history/ |archive-date=November 13, 2013 |url-status=dead}}</ref><ref>{{cite web |title=History |url=http://www.cfglife.com/about/history |publisher=Columbian Financial Group |access-date=September 2, 2013 |archive-date=August 25, 2013 |archive-url=https://web.archive.org/web/20130825095814/http://cfglife.com/about/history |url-status=dead}}</ref> The region has several large shopping areas. Downtown Binghamton is home to a [[Boscov's]] department store,<ref>{{cite web |title=Store Locations: Binghamton |url=http://www.boscovs.com/static/about_boscov/stores_locations/binghamton.html |publisher=Boscov's |access-date=September 2, 2013 |archive-date=May 30, 2016 |archive-url=https://web.archive.org/web/20160530151718/http://www.boscovs.com/static/about_boscov/stores_locations/binghamton.html |url-status=live }}</ref> and the development of large student housing projects has led to a resurgence of restaurants and service-oriented businesses.<ref name="downtownrevival" /> While downtown was home to several major department stores and the center of regional shopping,<ref name="broomehist" /> most shopping has moved toward the suburbs. The town of Vestal has several shopping centers and [[big-box store]]s along a five-mile stretch of the [[New York State Route 434|Vestal Parkway]].<ref name="shopping">{{cite web |title=Shopping |url=http://www.visitbinghamton.org/things-to-do/shopping/ |publisher=Greater Binghamton Convention & Visitors Bureau |access-date=September 2, 2013 |archive-date=September 3, 2022 |archive-url=https://web.archive.org/web/20220903223442/https://visitbinghamton.org/things-to-do/shopping/ |url-status=live }}</ref> The village of [[Johnson City, New York|Johnson City]] is home to the [[Oakdale Mall]], the area's only indoor [[super regional mall]].<ref>{{cite web |title=Oakdale Mall, NY |url=http://retail.vno.com/property_home.aspx?id=Oakdale |publisher=Vornado Realty Trust |access-date=September 2, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131113020837/http://retail.vno.com/property_home.aspx?id=Oakdale |archive-date=November 13, 2013}}</ref> Significant commercial development has also taken place in the town of [[Dickinson, Broome County, New York|Dickinson]], with many shopping centers just north of the city. In the First Ward, Clinton Street is home to Antique Row, a collection of antique shops.<ref name="shopping" />
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Binghamton, New York
(section)
Add topic