Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in the northern suburbs of Syracuse has been awarded a $21.4 million modification to a previously awarded delivery order under a contract to exercise options for design and qualification testing of the AN/BLQ-10 submarine electronic-warfare system. Work will be performed in the town of Salina and […]
SU, Onondaga County to spend $20 million to launch Center for Advanced Semiconductor Manufacturing
SYRACUSE, N.Y. — Syracuse University (SU) on Thursday announced plans to launchits Center for Advanced Semiconductor Manufacturing. It’s described as a center that will bring together expertise in artificial intelligence (AI), cybersecurity, manufacturing processes, optimization, and robotics to “advance the science of semiconductor manufacturing,” per the university’s news release. SU plans to spend $10 million
SUNY Poly joins Innovare Alliance
ROME, N.Y. — The Griffiss Institute and SUNY Polytechnic University have signed a memorandum of understanding that marks the college as the 11th member to join the Innovare Alliance. The alliance leverages collaborations among academic, industrial, and defense sectors in the upstate region to advance technical and professional-development disciplines, the Griffiss Institute announced in a
SRC awarded $60M Air Force contract
CICERO — SRC Inc. recently won a $60 million U.S. Air Force contract for research and development. This indefinite-delivery/indefinite-quantity contract provides for exploring new and emerging concepts related to development, integration, assessment, evaluation, and demonstration of cybersecurity, open-system architecture, novel avionics and sensor technologies, and multi-domain technologies focusing on the electric-warfare piece of avionics. That’s
Raymond Corporation buys buildings in Kirkwood
KIRKWOOD — The Raymond Corporation has purchased two buildings on connecting parcels Kirkwood, expanding its permanent presence in Broome County and setting the stage for future growth. The company acquired two parcels located at 191 Corporate Drive and 196 Corporate Drive in the town of Kirkwood on April 1. According to Broome County property records,
Construction begins on Edwards Vacuum plant near Batavia
Construction has started on the first phase of the $319 million Edwards Vacuum dry-pump manufacturing facility, located in the Genesee County town of Alabama, near Batavia. Edwards Vacuum is a United Kingdom–based multinational company that specializes in vacuum and abatement equipment for the semiconductor industry, the office of Gov. Kathy Hochul said in an April
Clinton’s Ditch to expand Cicero plant in $40 million project
CICERO, N.Y. — Clinton’s Ditch Co-Operative Company, Inc., located on Pardee Road in the town of Cicero, has plans for a $40.7 million expansion of its current facility. The existing plant would expand by about 100,000 square feet from its current footprint of 274,000 square feet, the office of Onondaga County Executive Ryan McMahon announced
Lockheed Martin Owego awarded more than $88 million Air Force contract
OWEGO — Lockheed Martin Rotary and Mission Systems in Owego is the recent recipient of a nearly $88.4 million Captains of Industry contract from the U.S. Air Force for the overhaul of the B-2 digital receiver and legacy defense-message system. This pact provides for overhaul, management, and material lay-in, according to an April 19 contract
Biden talks Micron project funding, workforce hub in MOST visit
SYRACUSE — For the second time in less than two years, U.S. President Joseph Biden visited Central New York to tout the forthcoming arrival of Micron Technology, Inc. (NASDAQ: MU) in Central New York, bringing the promise of thousands of new jobs and a transformed regional economy. The 46th president on April 25 formally announced
Schumer pitches Upstate to Japanese semiconductor suppliers
Several Japanese companies that supply the semiconductor industry recently gathered in Washington, D.C. to hear a pitch from U.S. Senate Majority Leader Charles Schumer (D–N.Y.) about the benefits of locating in upstate New York. Schumer held the event April 9 at the U.S. Capitol as Japanese Prime Minister Fumio Kishida visited the U.S., representing the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.