Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Kris-Tech Wire breaks ground on expansion project
ROME, N.Y. — Kris-Tech Wire is expanding in Rome. The company broke ground Wednesday on a facility expansion that will help the company add jobs,
California firm to move into Lansing facility, create more than 100 jobs
LANSING, N.Y. — Menlo Microsystems, Inc., headquartered in California with operations in Albany, plans to invest $50 million in Lansing facility and create more than
Two new Southern Tier cannabis dispensaries open
VESTAL, N.Y. — Two new Southern Tier cannabis dispensaries recently opened, bringing the total number of legal and licensed dispensaries in the state to 19.
Moody’s, S&P affirm “stable outlook” for Onondaga County bond ratings
SYRACUSE, N.Y. — Moody’s Investors Service has affirmed Onondaga County’s bond rating of “Aa2” with a stable outlook, and S&P Global Ratings also affirmed its
Lockheed Martin Owego wins more than $192 million U.S. Army contract modification
OWEGO, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in Owego was recently awarded a $192.2 million modification to a U.S. Army contract for
GrammaTech wins nearly $10M Navy contract modification for cyber technologies
ITHACA, N.Y. — GrammaTech Inc. was recently awarded an almost $9.85 million modification to a previously awarded contract from the U.S. Navy for the Matured,
CNY Works program wins $1 million state grant for construction-worker training
SYRACUSE, N.Y. — CNY Works’ Syracuse Build Pathways to Apprenticeship program will use a $1 million state grant to expand its current access, capacity, and
Finalists chosen for seventh round of Genius NY program at Syracuse’s Tech Garden
SYRACUSE, N.Y. — Five teams will participate in the seventh round of the Genius NY business-accelerator program at the Tech Garden in Syracuse. Genius NY
Lockheed Martin to pay Q3 dividend of $3 a share in late September
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept.
Wolfspeed secures financing for expansion efforts
MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.