Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
U.S. Army awards SRC $425 million contract for small drone defense system
CICERO, N.Y. — The U.S. Army has awarded SRC Inc. a $425.8 million contract for development, production, deployment, and support of the E-LIDS system. E-LIDS
Lockheed Martin Corp. (NYSE: LMT) was recently awarded a $16.3 million firm-fixed-price contract for the refurbishment of rocket motors and thrust vector control used on
SRCTec president retires, new GM begins duties
SRCTec, located in Cicero, describes itself as a manufacturing and life cycle management company specializing in the production of advanced military electro-mechanical products. The company
SUNY Poly professors to use grant funding to create personal protective facemask
MARCY, N.Y. — Three professors from SUNY Polytechnic Institute (SUNY Poly) will use SUNY grant funding of more than $8,000 to create a face mask
Crews working on Cree’s Mohawk Valley Fab complete foundation work
MARCY, N.Y. — Cree, Inc. (NASDAQ: CREE) says it has “surpassed foundational targets” for the construction of its Mohawk Valley Fab in Marcy. It’s under
New York manufacturing index turns positive in July
The Empire State Manufacturing Survey general business-conditions index jumped to 17.2 in July from -0.2 a month before, as new orders and shipments both expanded
Corning expands production of glass vials for possible COVID-19 vaccines
BIG FLATS — Corning Inc. (NYSE: GLW) is using a more than $200 million federal award to “substantially accelerate” manufacturing capacity for producing glass vials
Innovare Advancement Center in Rome to host Accelerator in early September
ROME — Innovare Advancement Center announced it will host the upcoming $1 million International Quantum U Tech Accelerator in early September. Innovare (pronounced Inn-oh-VAR-ay) Advancement
Eck Plastic Arts expands capability with new molding machine
BINGHAMTON — Eck Plastic Arts, of Binghamton, announced it has purchased a new machine to enhance its capacity for injection molding, the firm’s fastest-growing market
Grow-NY applicants await announcement of finalists in August
SYRACUSE — Businesses and entrepreneurs who applied to compete in the Grow-NY competition will now wait for the announcement about finalists in August. Applications were
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.