Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Broome County IDA releases environmental draft, plans public hearing for proposed tech park
BINGHAMTON, N.Y. — The Broome County Industrial Development Agency (IDA) will hold a public hearing next month, following the release of the draft scoping document
ANDRO awarded slot under competitive federal contract award
ROME, N.Y. — The U.S. General Services Administration (GSA) has selected ANDRO Computational Solutions, LLC for a slot under the first set of competitive One
CLAYTON, N.Y. — Gov. Kathy Hochul and the Thousand Islands Land Trust (TILT) recently announced the acquisition of nearly 1,000 acres in Jefferson County through 17 projects focused on protecting the region’s drinking-water sources. The partnership will have “lasting impacts” on the water quality and habitats of the St. Lawrence River and Lake Ontario, Hochul’s
Lockheed Martin Sikorsky helicopter built in Tioga County joins presidential fleet
OWEGO, N.Y. — The U.S. Marine Corps formally accepted a 23rd and final next-generation VH-92A presidential helicopter built by Sikorsky, a Lockheed Martin (NYSE: LMT) company in a recent ceremony at the company’s Owego plant. The company’s aircraft have flown every president since 1957. “The most recognizable helicopter in the world — made in Tioga
North Country, Syracuse airports awarded more than $5 million in federal funding for projects
Airports serving Syracuse, areas of the North Country, and other upstate locations will use more than $5.2 million in federal funding for projects. The nine airports will use the funding to support airport-safety and infrastructure-improvement projects, U.S. Senate Majority Leader Charles Schumer (D–N.Y.) and U.S. Senator Kirsten Gillibrand (D–N.Y.) announced Wednesday. This federal money was
State awarding up to $18 million for next two phases of Oakdale Commons project in Johnson City
JOHNSON CITY, N.Y. — New York State is providing up to $18 million for the next two phases of the project to renovate the former Oakdale Mall into a mixed-use development in Johnson City. Now known as Oakdale Commons, the project’s second and third phases will include the construction of an 85,000-square-foot, regional medical campus,
Asteri Ithaca affordable-housing development and conference center formally opens
ITHACA, N.Y. — A new $96 million affordable-housing development and conference center in downtown Ithaca is complete, Gov. Kathy Hochul announced. Lt. Gov. Antonio Delgado attended a ribbon-cutting ceremony for the building on Aug. 12. Asteri Ithaca, developed by the Vecino Group, is a 12-story, all-electric structure at 166-118 East Green St., with 181 apartments,
Work is beginning on projects at airports serving Watertown, Saranac Lake
WATERTOWN, N.Y. — Work is beginning on projects that will modernize the Watertown International Airport in the town of Hounsfield and the Adirondack Regional Airport near Saranac Lake. Additionally, work is progressing on the expansion of the main terminal and other enhancements at the Ogdensburg International Airport in the town of Oswegatchie in St. Lawrence
Canadian bank to acquire 15 percent stake in KeyBank parent company
KeyCorp (NYSE: KEY), the Cleveland, Ohio–based parent company of KeyBank, on Monday morning announced that the Bank of Nova Scotia (Scotiabank) (TSX: BNS) (NYSE: BNS)
Schumer seeks federal funding to double the size of the Oswego County Industrial Park
SCHROEPPEL, N.Y. — U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) wants to secure $2.5 million in federal funding to expand the L. Michael Treadwell Oswego County Industrial Park (OCIP). Schumer visited the site on Tuesday to announce his pursuit of the funding, which would come through the Economic Development Administration (EDA). The money would “fast-track”
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.