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Oneida County opens Skydome drone-testing facility in Rome
ROME, N.Y. — Oneida County unveiled its newest high-tech gem on Thursday when County Executive Anthony J. Picente, Jr. announced the completion of Skydome, the
Amazon’s robotic-fulfillment center in Clay formally opens
CLAY, N.Y. — Amazon’s (NASDAQ: AMZN) new robotic-fulfillment center at 7211 Morgan Road in Clay is the company’s largest facility in New York. That’s according to Jennifer Cruickshank, Amazon head of New York public policy and community engagement for the Seattle, Washington–based ecommerce giant. She made the comment to open the June 23 formal-opening ceremony.
Lockheed Martin’s Syracuse plant wins $11 million Navy contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility in suburban Syracuse was recently awarded an $11.04 million contract adjustment from the U.S. Navy related to submarine-based weapons systems. The cost-plus-incentive-fee modification to a previously awarded delivery order is for design, prototyping, and qualification testing of submarine electronic-warfare equipment, according to a June 29 contract
ROME, N.Y. — Assured Information Security, Inc. (AIS) recently landed an Agile Cyber Technology 3 (ACT 3) contract, a $950 million indefinite-delivery/indefinite-quantity (IDIQ) pact from the Air Force Research Laboratory (AFRL). Both organizations are located in the Griffiss Business and Technology Park in Rome. The contract for technical documentation, technical reports, software, and hardware serves
Lockheed Martin to pay Q3 dividend of $2.80 a share in late September
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2022 dividend of $2.80 per share. The dividend is payable on Sept. 23, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields nearly 2.7 percent on an annual basis. The
Rev: Ithaca Startup Works launching a new AgTech manufacturing hardware accelerator
ITHACA, N.Y. — Rev: Ithaca Startup Works says it’s launching a new AgTech manufacturing-hardware accelerator. The accelerator is funded by the U.S. Economic Development Administration’s University
St. Joseph’s Health merging with Albany hospital in Trinity Health restructuring
SYRACUSE, N.Y. — The parent organization of St. Joseph’s Health in Syracuse and St. Peter’s Health Partners in Albany on Wednesday announced that the entities
New York maple-syrup production jumps 31 percent this year
ALBANY, N.Y. — New York maple-syrup production increased nearly 31 percent to 845,000 gallons this year from 647,000 gallons in 2021, the USDA National Agricultural Statistics Service (NASS) recently reported. Contributing to the rise in production was a longer maple-syrup season. On average, the season lasted 33 days in 2022, compared with 29 days last
Competition aims to create food & agriculture innovation hub
ITHACA, N.Y. — Grow-NY, a food and agriculture innovation business competition, does more than just hand out a $1 million top prize. The contest draws businesses to the 22-county region that spans Central New York, the Finger Lakes region, and the Southern Tier as it seeks to grow a food and agriculture innovation hub. Why
New York manufacturing index rises in June but remains negative
The Empire State Manufacturing Survey general business-conditions index rose 10 points in June but stayed in negative territory at -1.2. The index — the monthly gauge on New York’s manufacturing sector — had declined significantly in May, falling 36 points to -11.6. The June reading — based on firms responding to the survey — indicates
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