Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lowe to step down as Wolfspeed president and CEO
DURHAM, N.C. and MARCY, N.Y. — Gregg Lowe is out as president and CEO of Wolfspeed, Inc. (NYSE: WOLF), which operates a fabrication plant in
New York manufacturing index soars to highest reading in three years in November
The Empire State Manufacturing Survey general business conditions index climbed 43 points to 31.2 in November, representing its highest reading in nearly three years. The index had dropped 23 points to -11.9 in October after rising 16 points to 11.5 in September (activity expanding for the first time since November 2023.) The general business conditions
FULTON, N.Y. — Oswego Industries, Inc. says it will use a KeyBank Foundation grant of $10,000 to support its Virtual Reality (VR) Career Exploration program.
Snowmobile club official in Mohawk Valley arrested for stealing $8,000
STRATFORD, N.Y. — A Fulton County snowmobile club official was charged with stealing more than $8,000 from the club and doctoring records to secure grant money, New York State Comptroller Thomas P. DiNapoli and Fulton County District Attorney Mike Poulin announced. Chad Daley, 52, was charged with third-degree grand larceny, first-degree offering a false instrument
Oneida County legislature passes $547 million budget for 2025
UTICA, N.Y. — The Oneida County Board of Legislators has adopted the 2025 budget and capital plan, marking the 12th year in which the county
Upstate Medical University partners with nonprofit to help veterans become doctors
SYRACUSE, N.Y. — Upstate Medical University says it’s working with a nonprofit organization to help veterans who served as medics become doctors. The Norton College
Excellus BCBS, WellNow reach new provider contract agreement
More than a year after a contract dispute surfaced between Excellus BlueCross BlueShield (Excellus BCBS) and WellNow Urgent Care, the two entities have executed a
Usherwood Office Technology names chief human resources officer
SYRACUSE, N.Y. — Usherwood Office Technology — a Syracuse–based, family-owned provider of IT and business-technology services — has promoted Lauren Usherwood-Tartaglia to chief human resources officer (CHRO). In this new role, she will oversee all aspects of the company’s human-resources strategy. Usherwood-Tartaglia will help facilitate talent acquisition, employee development, culture initiatives, and workforce planning to
Corning Inc. awarded $32M in CHIPS funding for Canton plant, creating up to 130 manufacturing jobs
CANTON, N.Y. — Corning Incorporated (NYSE: GLW) has reached an up to $32 million preliminary memorandum of terms (PMT) funding agreement with the U.S. Department
New York City firm wins $1 million grand prize in Grow-NY competition in Ithaca
ITHACA, N.Y. — Unibaio of New York City is the $1 million grand-prize winner of the sixth annual Grow-NY business competition. The funding was awarded at the Grow-NY Summit, a two-day event in Ithaca where finalists pitched their business plans to a panel of expert judges, Empire State Development (ESD) said in its Thursday evening
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.