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Schumer secures $2.5 million federal grant to double the size of the Oswego County Industrial Park
SCHROEPPEL, N.Y. — U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) on Thursday said he has secured $2.5 million in federal funding to expand the L.
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
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
Utica drone company finishes successful investor campaign
UTICA, N.Y. — A Utica–based startup has successfully completed a seed-funding round, netting investments that will help accelerate the development and deployment of its product,
SYRACUSE, N.Y. — Syracuse University’s BioInspired Institute will use a $3 million federal grant to create a training program for doctoral students in emergent intelligence.
ORION, an Internet of Things technology accelerator, formally launches in Rome
ROME, N.Y. — A Friday ceremony in Rome formally launched ORION, a technology accelerator and innovation ecosystem aimed at augmenting the U.S. Department of Defense’s (DoD) ability to develop, secure, deploy, and utilize IoT technology. ORION is short for Open-Architecture Resilient IoT for Operational Networks and is described as the region’s first cross-organizational tech partnership
Wolfspeed plans to move device production to Marcy location, closing plant on Durham campus
MARCY, N.Y. — Wolfspeed, Inc. (NYSE: WOLF), which operates a silicon carbide device-manufacturing facility in Marcy, plans to shift its device fabrication to its 200mm Mohawk Valley Fab and close its device fab in Durham, North Carolina where the firm is headquartered. Gregg Lowe, CEO of Wolfspeed, made the announcement as the company released its
SUNY Oswego to use federal grant to support study-abroad partnership related to semiconductors
OSWEGO, N.Y. — SUNY Oswego, in partnership with Monroe Community College, will use a $50,000 federal grant for study-abroad opportunities connected to Micron Technologies Inc.’s
Bitzer Scroll to use $5 million federal award for electric heat-pump manufacturing
DeWITT, N.Y. — Bitzer Scroll, a German firm which has a location in DeWitt, will use a federal grant of more than $5 million to
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