Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin installs energy-storage system at Salina plant
SALINA, N.Y. — Lockheed Martin Corp. (NYSE: LMT) has installed its GridStarTM Lithium energy storage system at its plant in Salina. The 1 megawatt system
Assured Information Security acquires Capital Region firm
ROME, N.Y. — Rome–based Assured Information Security, Inc. (AIS) has recently purchased a majority interest in GreyCastle Security, LLC. The transaction closed Sept. 16, Dan
Syracuse University’s Syverud appointed to Homeland Security Academic Advisory Council
The U.S. Department of Homeland Security (DHS) has appointed Syracuse University Chancellor Kent Syverud to its Academic Advisory Council (HSAAC). DHS Secretary Jeh Johnson announced
New York manufacturing index slips further into negative territory in October
The Empire State Manufacturing Survey general business-conditions index fell 5 points to -6.8 in October as manufacturing conditions weakened for a third straight month. It’s
Tioga State Bank warns about phishing scam using its name
SPENCER, N.Y. — Tioga State Bank, which has 11 branch offices in the Southern Tier, today warned consumers about scammers using its name. “Over the
National Instruments donates $400K in equipment, software to SUNY Poly
MARCY, N.Y. — A Texas company is providing the Marcy campus of SUNY Polytechnic Institute (SUNY Poly) with $400,000 worth of tools and software. The
Singlebrook sells CMS division to Minnesota firm
ITHACA — Singlebrook Technology on Aug. 12 sold the assets of its content-management system (CMS) division to Minneapolis–based Origin Eight, a digital-development and design agency. The sale included cash and an “earnout,” a contractual provision providing the seller additional compensation in the future if the business achieves certain financial goals. The financial terms of the
SRC Ventures appoints Hartnett as president of SRCTec
CICERO, N.Y. — SRC Ventures, Inc. has named Mary Pat Hartnett president of SRCTec, LLC. Hartnett succeeds Drew James, who is now senior VP of
U.S. Navy awards Lockheed Martin $149M contract to upgrade shipboard electronic-warfare system
SALINA, N.Y. — The U.S. Navy has awarded Lockheed Martin Corp. (NYSE: LMT) an initial contract of $149 million for its shipboard electronic-warfare system. Under
State lawmakers: $1M for defense and research nonprofits at Griffiss
ROME, N.Y. — Two organizations that work at the Griffiss Business and Technology Park in Rome will use a share of $1 million in state
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.