Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
ConMed to pay fourth-quarter dividend of 20 cents in early January
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 fourth quarter of 2022. The dividend is payable on Jan. 5 to all shareholders of record as of Dec. 16. At the company’s […]
New drone corridor between Syracuse & Montreal in the works
SYRACUSE, N.Y. — The first international electric, advanced air mobility (AAM) corridor between Syracuse Hancock International Airport and Quebec is under development. VPorts, a Mirabel, Québec–based firm, is developing the corridor project. VPorts specializes in the design, construction, and operation of advanced AAM infrastructure, per a Nov. 29 release from the Syracuse airport. The corridor
Ithaca company creates, pilot tests cold-emitting film
ITHACA, N.Y. — Imagine being able to walk into a hardware store and purchase a film that, when applied to a window on a hot summer day, not only blocks the sun’s heat but actually emits cold. Heat Inverse, LLC of Ithaca could make that a reality with its thin-film technology that gets cold without
Naturally Lewis seeks developer for former Glenfield elementary school
GLENFIELD, N.Y. — Working with Lewis County, Naturally Lewis is seeking those interested in acquiring and redeveloping a 6.9-acre former elementary school property at 5960
CXtec to move HQ, 100 jobs to City Center in Syracuse next summer
SALINA, N.Y. — CXtec on Tuesday said it plans to move its headquarters and 100 jobs to the City Center building in downtown Syracuse next
Lockheed Martin’s Salina plant wins nearly $14 million Navy contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in suburban Syracuse has won a $13.96 million modification to a previously awarded contract from the U.S. Navy. The cost-plus-fixed-fee modification is to exercise an option for AN/SLQ-32(V)6 design agent support, according to a Nov. 21 contract announcement from the U.S. Department of Defense. Work will
Milk prices at the producer level in New York state stayed high in the latest month as inflationary pressures persisted. New York dairy farms in September were paid an average of $26 per hundredweight of milk in September, up slightly from $25.90 in August, but up 37.6 percent from the $18.90 average in September 2021.
New York egg production rises less than 1 percent in October
New York farms produced 149.3 million eggs in October, up 0.6 percent from 148.4 million eggs in the year-prior month, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State averaged more than 5.75 million in October, up 0.5 percent from nearly 5.73 million in the year-ago month.
Metal Solutions boosts productivity with National Grid grant
UTICA, N.Y. — Metal Solutions Inc., a Utica manufacturer, recently installed a new state-of-the-art powder-coating system at its Broad Street plant that will increase productivity. Metal Solutions received a $100,000 economic-development grant from National Grid’s Electric Capital Investment Incentive program, according to a news release from the electricity and gas utility company. Metal Solutions had
Oneida County formally opens Nexus Center sports complex
UTICA, N.Y. — Oneida County celebrated the grand opening of the $64 million Nexus Center sports complex on Thursday evening. “Today is a landmark day
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.