Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Schumer outlines vision for Congress harnessing AI’s benefits, limiting its harms
U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) on Wednesday outlined his vision for how the U.S. Senate can harness the potential of artificial intelligence (AI)
Lockheed Martin plant awarded nearly $68M contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in suburban Syracuse has recently won a $67.9 million modification to a previously awarded U.S. Navy contract. The pact is for provisioned-item spare parts in support of the full-rate production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems, according to a May 26 contract
ConMed to pay second-quarter dividend of 20 cents on July 5
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica area, has announced that its board of directors declared a quarterly cash dividend of 20 cents a share for the second quarter of 2023. The dividend is payable on July 5 to all shareholders of record as of June 15. At the company’s
Empire Access expands service area in the Southern Tier
Empire Access Corp. is continuing its push to bring fiber-optic internet service across the Southern Tier. The Prattsburgh (Steuben County)–based company is in the midst of a strategic expansion of service into Endicott and Endwell, bringing its broadband service to those communities. “We’ve been growing our company now for the past 10 years,” Empire Access
Survey: New York state manufacturing activity rises modestly in June
New orders and shipments were again factors as the general business-conditions index of the monthly Empire State Manufacturing Survey bounced back into positive territory in June by climbing 38 points to 6.6. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. It’s been going up and down like a yo-yo the
Agri-Mark completes nearly $30 million expansion of dairy facility in North Country
CHATEAUGAY, N.Y. — Agri-Mark has completed the nearly $30 million expansion and modernization project at its cheese-manufacturing facility in Chateaugay in Franklin County. The expansion,
Indium welcomes 13 summer interns this year
CLINTON, N.Y. — Indium Corporation says it has welcomed 13 college students into its 2023 summer internship program class. The program works to feed the company’s future employment pipeline by identifying and developing talented college students that “embody the company’s guiding principles of respect, appreciation, and achievement.” The Oneida County–based company started its internship program
New York manufacturing index rises back into positive territory in June
The June reading — based on firms responding to the survey — indicates business activity “increased modestly” in New York State, the Federal Reserve Bank
Binghamton University forges partnership with six HBCUs
VESTAL, N.Y. — In collaboration with the Thurgood Marshall College Fund, Binghamton University has announced a New Educational and Research Alliance (New ERA) with six
BAE Systems to provide propulsion systems for Quebec battery-electric buses
BAE Systems will provide its electric-drive systems to Nova Bus of Quebec for integration on the buses. The battery-electric bus order is the “largest to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.