The contest seeks to honor the region's most innovative and growth-oriented companies. The top prize is $200,000.

The local company, Syracuse-based Lauraville Packaging, LLC, is a newly formed subsidiary of Quarry Road Holdings, LLC, also of Syracuse. The new subsidiary acquired the assets of Lauraville Specialty Products, LLC of Geneva.

The move will cost 80 of the company's 100 workers their jobs.

The initial order, from the U.S. Navy, is worth $40.8 million. The deal runs through September 2014.

A new contract to develop an onboard vehicle power management system for the U.S. Marine Corps could lead to more work later this year for BAE Systems.

CARTHAGE - A Canadian company, called Metro Paper Industries Tissue Group, is investing $2 million in new equipment and an expanded work force at its Metro Paper Industries of N.Y. Inc. unit in Carthage.

The 240,000-square-foo

When the crew of the Titanic spotted the iceberg, they altered course, but there wasn't enough time to avoid the greatest disaster in seafaring history. Likewise, General Motors Corp. (GM), the Titanic of the global automotive industry for the last 7