Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Lockheed Martin Owego plant to work on Navy contract for aircraft for Korea
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego facility was recently awarded a $447.2 million order from the U.S. Navy against a previously issued basic-ordering agreement. This order provides for the production and delivery of 12 MH-60R aircraft for the government of the Republic of Korea. Work will be performed in Owego (52 percent); […]

PAR gets boost from $500M acquisition of California firm
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR), a provider of restaurant software, recently acquired a San Mateo, California firm that focuses on loyalty and guest-engagement products. New Hartford–based PAR acquired Punchh Inc. for about $500 million in cash and shares of PAR common stock. The acquisition was announced and closed on April 8.

Loretto to use $500K donation for training on electronic medical records
SYRACUSE, N.Y. — Loretto will use a donation of $500,000 to launch a new program to train its employees on an electronic-medical-record (EMR) system. The training program seeks to “promote digital inclusion with its employees,” per a news release about the training. The Parker family of Portland, Oregon donated the funding and is referring to

MAINE, N.Y. — Maine-Endwell Central School District announced that crews recently finished installing 6,240 solar panels on its property, which will now generate 100 percent of the district’s electricity. The system was fully activated by the power company NYSEG on March 23. The solar panels are located on 15 acres of district-owned property, adjacent to

SyracuseCoE-Density Collaboration Leads to Green Spaces, Big Returns
Also fosters safe reopenings In the COVID era, just a few additional people in a room can make the difference between low and high risk of catching the disease. How can an organization track room density without posting an employee at each entrance to every space? Or without relying on the honor system? Enter the aptly named

Hage succeeds Wolf as president & CEO of Griffiss Institute
ROME, N.Y. — A woman who most recently worked for the SUNY Research Foundation has started her new duties as president and CEO of the Griffiss Institute in Rome. Heather Hage most recently served as VP of industry and external affairs for the SUNY Research Foundation. She succeeds William Wolf, the organization’s first-ever president and

PAR founder, Sammon, to step down from board of directors
He’s departing company after 53 years NEW HARTFORD, N.Y. — Fifty-three years after starting PAR Technology Corp. (NYSE: PAR) and 10 years after stepping down as CEO, John W. Sammon, Jr. will leave the company this June when he steps down from its board of directors. PAR Technology announced on April 12 that Sammon will

Application period opens for third year of Grow-NY business competition
The application window for the 2021 Grow-NY business competition is now open for submissions. Grow-NY is a business competition that focuses on “enhancing the emerging

Clarkson donation to benefit upcoming $40M science center renovation, expansion
POTSDAM, N.Y. — Clarkson University will use a donation from a 1979 graduate and his wife to help pay for an upcoming $40 million project

Amazon to donate $1.75M for equipment at upcoming Syracuse STEAM school
SYRACUSE, N.Y. — Amazon (NASDAQ: AMZN) will be donating $1.75 million for robotics and computer-science technology improvements at the upcoming Syracuse STEAM school. STEAM is
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.