Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
SUNY Poly adds degree in data science and analytics
UTICA, N.Y. — SUNY Polytechnic Institute now offers a master’s degree program in data science and analytics (MS DSA) that provides students with the knowledge
PULASKI, N.Y. — Felix Schoeller North America (FSNA) announced Tuesday it is investing more than $20 million in a new coating operation in Pulaski. FSNA
Ithaca Area Economic Development says it stimulated nearly $73 million in investment in 2022
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) in 2022 reported stimulating $72.6 million in private investment, $2.7 million in new property taxes, and $874,000
Lockheed Martin’s suburban Syracuse plant wins more than $73 million Navy order
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility just north of Syracuse has recently been awarded a $73.1 million contract order for the procurement of submarine-modernization kits, equipment, and installation. Work on the cost-plus-incentive-fee delivery order will be performed in the town of Salina and is expected to be completed by August 2025, according
N.Y. manufacturing index plunges back into negative territory
The benchmark index measuring manufacturing activity in New York state returned to negative territory in May. The Empire State Manufacturing Survey’s general business-conditions index plummeted 43 points in the fifth month of the year to -31.8 as business activity “declined significantly,” according to a May 15 report from the Federal Reserve Bank of New York.
Feldmeier moves forward with 3rd-generation leadership
DeWITT, N.Y. — The grandson of company founder Robert Feldmeier, Sr. and nephew of most recent president and CEO Robert Feldmeier is now leading the company. Feldmeier Equipment Inc. has announced the appointment of Colby Clark as its next president and CEO. Feldmeier Equipment is a DeWitt–based stainless-steel processing equipment manufacturer. Besides the CEO role,
Saab announces new board member
Saab, Inc., which operates two facilities in DeWitt, announced that Mary D. Petryszyn has recently been elected to its board of directors. Petryszyn recently retired as a corporate VP at Northrop Grumman Corp. She was the first president of its Defense Systems Sector, where she oversaw operational execution, financial performance, and strategy development across a
MVHS to name Wynn Hospital birthing center in honor of Sammon family, after donation
UTICA, N.Y. — The Mohawk Valley Health System (MVHS) says it will name the maternal child-services floor at the upcoming Wynn Hospital the Sammon Family
Hochul announces the 13th round of the regional economic-development council initiative
ALBANY, N.Y. — New York State has started the 13th round of the regional economic development council (REDC) initiative. This round includes core capital grant
Schumer announces that $500 million in grants is available in regional tech-hub contest
The first phase of the regional technology and innovation hub (tech hubs) program is underway, providing a chance for upstate New York communities to pursue
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.