Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Pathfinder Bancorp to pay Q3 dividend of 10 cents in early November
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share of its common stock. The third-quarter 2024 dividend is payable on Nov. 8 to all shareholders of record on Oct. 18, according to an announcement from James A. Dowd, president and […]
NORDTECH consortium to use $27M in federal funds for projects
The Northeast Regional Defense Technology Hub (NORDTECH) will use $27 million in U.S. Department of Defense (DoD) funding for various projects, U.S. Senate Majority Leader Charles Schumer (D–N.Y.) announced Sept. 18. NORDTECH describes itself as a regional consortium of government labs, defense companies, academic institutions, and technology-manufacturing organizations in New York state and one of
SUNY Poly names director of career services, experiential learning
MARCY — SUNY Polytechnic Institute (SUNY Poly) recently promoted Michael Badolato to director of career services and experiential learning. In this new role, Badolato, who previously served as the university’s career services coordinator, will develop a model in which students participate with employers in project-based and experiential learning opportunities, according to a SUNY Poly release.
Lockheed Martin’s suburban Syracuse plant wins $60M Navy contract that includes cyber test work
SALINA — Lockheed Martin Rotary and Mission Systems in Salina recently won a more than $60 million contract from the U.S. Navy. This pact provides for the production, integration, testing, inspection, fleet introduction, and fielding of four operational-test program sets (OTPS), as well as associated non-recurring engineering, program management, logistics, and engineering development models to
AIS names business director of mission solutions
ROME — Assured Information Security (AIS) — a Rome–based provider of critical cyber and information-security services, products, and operations to commercial and government customers — recently appointed Robert Westerman as business director of mission solutions. In this position, Westerman leads the direction, growth, and operational effectiveness of AIS in the greater Washington, D.C. area. His
Carpenters union formally opens expanded training center in town of Salina
SALINA, N.Y. — The North Atlantic States Regional Council of Carpenters (NASRCC) on Wednesday formally opened its $3.6 million training center expansion. It’s located at
Redev CNY begins construction on St. Matthew’s Condos in East Syracuse
EAST SYRACUSE, N.Y. — Redev CNY, a real-estate development firm based in Syracuse, says it’s starting construction on the St. Matthew’s Condos, a project that will bring 21 affordable condominiums to the East Syracuse community. The project is located at the former St. Matthew’s Elementary School at 214 Kinne St. in the village of East
Tompkins Chamber announces annual award winners
ITHACA, N.Y. — The Tompkins County Chamber of Commerce has announced this year’s winners of its annual awards, which recognize contributions by businesses, nonprofits, and
TTM Technologies awarded federal funding to boost its expansion project
DeWITT, N.Y. — The U.S. Department of Defense has awarded TTM Technologies Inc. (NASDAQ: TTMI) $30 million to boost the expansion project at its site
Berkshire Bank opens new office in DeWitt
DeWITT, N.Y. — Just six months after announcing the sale of a nearby branch in the village of East Syracuse to another bank, Berkshire Bank has opened a new office in the town of DeWitt. The new Berkshire Bank office at 6319 Fly Road in DeWitt will support its business banking, commercial real estate, middle-market
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.