Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
New York corn planted area hits 10-year high in 2022
New York farms planted corn for all purposes on an estimated 1.19 million acres this year, up 13 percent from the 2021 planted area, according to the USDA National Agricultural Statistics Service (NASS) New York field office. The 2022 total is the highest in a decade. Empire State growers expect to harvest 590,000 acres for […]
Launch Lewis County program funds 9 microenterprises
LOWVILLE, N.Y. — Nine microenterprise businesses have secured funding totaling $180,000 in the Launch Lewis County grant program. The grants include two $30,000 awards, five $20,000 grants, and two $10,000 awards, Naturally Lewis said. Launch Lewis County is a business competition grant program that the Lewis County Industrial Development Agency (IDA) administers on behalf of
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.