Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
BAE Systems to provide actuator control units for JetZero’s sustainable jet demonstrator
ENDICOTT, N.Y. — BAE Systems says it will provide and integrate actuator control units (ACUs) for JetZero’s next-generation blended wing body aircraft demonstrator. The Long Beach, California–based company’s demonstrator is designed to “deliver enhanced energy efficiency and reduced emissions,” per the BAE Systems announcement. BAE’s locations in Endicott in Broome County and in Fort Wayne, […]
ITT plans growth with help from Empire State Development
Empire State Development (ESD) on Monday said it will partner with ITT Inc. (NYSE: ITT) to support growth at the company’s locations in Onondaga, Seneca,
Donation to SU’s ECS to create endowed chair in engineering and computer science
SYRACUSE, N.Y. — A donation from a 1980 graduate of Syracuse University (SU) will benefit the school’s College of Engineering and Computer Science (ECS) “and the region.” The donation from William “Ted” Frantz will establish the William T. Frantz Endowed Chair in Engineering and Computer Science, SU said in its Dec. 20 announcement. The school
New York manufacturing index retreats 31 points in December
It followed a huge gain in November The Empire State Manufacturing Survey general business conditions index fell 31 points to 0.2 in December after reaching its highest reading in nearly three years in November. The index climbed 43 points to 31.2 in November after dropping 23 points to -11.9 in October. The general business conditions
ConMed to pay dividend for 2024 Q4 in early January
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica region, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the fourth quarter of 2024. The dividend is payable on Jan. 3, to all shareholders of record as of Dec. 20. At the
State awards grants for water-improvement projects around New York
New York State has recently awarded more than $225 million to 165 projects around the state to improve water quality, including numerous projects in Central
CLAY, N.Y. — Micron Technology Inc, (NASDAQ: MU) has submitted the preliminary draft environmental impact statement (PDEIS) for its planned semiconductor-manufacturing campus in the town
Crews making progress on new passenger terminal at the Watertown airport
HOUNSFIELD, N.Y. — The Watertown International Airport says the new passenger-terminal project has reached an “important construction milestone.” Crews lifted one of the last steel
Old Dominion Freight Line plans logistics facility in Broome County
CONKLIN, N.Y. —Old Dominion Freight Line (ODFL) plans to purchase a 20-acre parcel in the Broome Corporate Park to construct a cross-dock logistics facility. The
Lockheed Martin’s Suburban Syracuse facility wins $23M Navy contract modification
SALINA — The Lockheed Martin, Rotary and Missions Systems plant just north of Syracuse has recently won a nearly $23.1 million modification to a previously awarded U.S. Navy contract to exercise an option for AN/SLQ-32(V)6 design agent engineering, incidental material, and travel. Work will be performed in Lockheed’s facility in the town of Salina, and
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.