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Technology

Syracuse, CenterState CEO to help small firms train workers for digital industry

SYRACUSE, N.Y. — The City of Syracuse and CenterState CEO will use a $500,000 grant help target digital literacy and support entrepreneurship, small businesses, and workforce training for digital industries. Microsoft Philanthropies awarded the $500,000 Skills for Jobs and Livelihoods grant, CenterState CEO said. A team representing Microsoft recently met with Syracuse Mayor Ben Walsh,

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Buffalo private-equity firm acquires ICM Controls

CICERO, N.Y. — ICM Controls, Inc. of Cicero and its affiliates are now under the ownership of Lorraine Capital, LLC, a Buffalo–based private-equity firm. ICM Controls is a manufacturer of electronic control products. ICM, which has about 300 employees, is based in Cicero at 7313 William Barry Blvd.,  off East Taft Road. Lorraine Capital acquired

New York Business Plan Competition Winners for 2022

NEW PALTZ, N.Y. — The Upstate Capital Association of New York recently announced the list of winners for its 2022 New York Business Plan Competition (NYBPC). The association named the 2022 Grand Prize winner, along with special prize winners at Venture NY, which it says is its “marquee early-stage event.” The NYBPC Grand Prize Winner

Lockheed Martin’s Syracuse–area plant secures Navy contract modification

SALINA , N.Y.— Lockheed Martin Corp.’s (NYSE: LMT) plant in suburban Syracuse was recently awarded an almost $10.6 million cost-plus-incentive-fee modification to a previously awarded delivery order from the U.S. Navy. It’s a modification to an indefinite-delivery/indefinite-quantity contract for design, prototyping, and qualification testing of submarine electronic-warfare equipment, according to a May 3 contract announcement

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