Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Crews complete resiliency project at Port of Oswego marina
OSWEGO — A construction project that will enhance resiliency at the Goble Marina located within the Port of Oswego is now complete. The state’s Lake Ontario Resiliency and Economic Development Initiative (REDI) awarded the project more than $1.75 million. Marie Therese Dominguez, commissioner of the New York State Department of Transportation (NYSDOT), announced the project’s […]
Point Place Casino expansion to add new hotel, larger gaming floor
SULLIVAN, N.Y. — A new multi-story hotel, a larger gaming floor, and a new restaurant are all part of the Oneida Indian Nation’s more than $50 million expansion of Point Place Casino. The venue is located at 450-452 Route 31 in the Bridgeport area of the town of Sullivan in Madison County. Local elected officials,
New York home sales rise 3.5 percent in July
ALBANY — New York realtors sold 9,923 previously owned homes in July, a 3.5 percent gain from the 9,584 existing homes sold in July 2023. Pending sales also climbed almost 8 percent in July, pointing to further gains in closed sales in the next couple months, according to the New York State Association of Realtors
Oakdale Commons project wins up to $18M in state funding for next two phases
JOHNSON CITY — The effort to renovate the former Oakdale Mall into a mixed-use development in Johnson City is getting a boost from the state. The New York State government is providing up to $18 million for the next two phases of the project, the office of Gov. Kathy Hochul announced on Aug. 12. Now
Key hotel business indicators in Onondaga County improve in July
SYRACUSE — Onondaga County hotels welcomed an increase in overnight guests in July, as well as improvement in two other key benchmarks of business performance in the month. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in Central New York’s largest county rose 1.9 percent to 69.2 percent in the seventh month
Raymond focuses on advanced energy solutions in new Kirkwood facility
KIRKWOOD — The Raymond Corporation will use its building at 196 Corporate Drive in Kirkwood, purchased earlier this year, as an advanced manufacturing facility for energy solutions as it works to continue to improve and innovate its electric materials-handling trucks. “It’s a culmination of many years’ worth of work,” Jennifer Lupo, Raymond’s VP of energy
MACNY to expand workforce programs to Onondaga, Oswego counties
State grant funding is aiding the effort DeWITT — MACNY, the Manufacturers Association will use a state grant to expand two workforce-development programs to both Onondaga and Oswego counties. The organization plans to expand the Real Life Rosies and the Advance 2 Apprenticeship direct entry pre-apprenticeship program to those counties.
Upstate Defense Initiative recaps 2024 Microelectronics Forum
ROME, N.Y. — The Upstate Defense Initiative — a collaboration launched this year between Empire State Development’s Division of Science, Technology and Innovation (NYSTAR), FuzeHub,
Lockheed Martin’s Syracuse–area plant wins nearly $114 million modication to Navy contract
SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in Salina has been awarded a $113.6 million modification to a previously awarded U.S. Navy contract to exercise an option for full-rate production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V) six systems. This pact combines purchases for the Navy (80 percent), and the government
NYS, TILT land purchase to protect Jefferson County water quality
CLAYTON — New York State and the Thousand Islands Land Trust (TILT) have acquired nearly 1,000 acres in Jefferson County through 17 projects focused on protecting the region’s drinking-water sources. The partnership will have “lasting impacts” on the water quality and habitats of the St. Lawrence River and Lake Ontario, Gov. Kathy Hochul’s office said
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.