Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin Owego wins more than $192 million U.S. Army contract modification
OWEGO, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in Owego was recently awarded a $192.2 million modification to a U.S. Army contract for Modernized-Radar Frequency Interferometer production, sustainment hardware, and technical, logistical, test and engineering support. Work locations and funding will be determined with each order, with an estimated completion date of Aug. […]
Broome County hotel occupancy rises slightly in May, other business indicators up strongly
BINGHAMTON, N.Y. — Broome County hotels registered a small increase in guests in May compared to the year-earlier month, while two other business indicators rose much more substantially. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county edged up 0.5 percent to 62.8 percent in the fifth month of this
New York home sales slide more than 20 percent in May
ALBANY, N.Y. — New York realtors closed on the sale of 8,819 previously owned homes in May, down 20.4 percent from 11,075 existing homes sold in the state in the year-prior month. Pending sales also declined more than 4 percent, foreshadowing further but smaller declines in closed home sales in the next couple of months.
Northeast Grocery completes executive team
SCHENECTADY, N.Y. — Northeast Grocery, Inc. (NGI) says it has completed its executive team with the promotion of John Persons to the role of chief operating officer (COO) and a couple of other personnel moves. NGI is the parent company of Price Chopper/Market 32 and Tops Friendly Markets. Persons has spent 39 years with Tops,
GrammaTech wins nearly $10M Navy contract modification for cyber technologies
ITHACA, N.Y. — GrammaTech Inc. was recently awarded an almost $9.85 million modification to a previously awarded contract from the U.S. Navy for the Matured, Enhanced Total Platform Cyber Protection (TPCP) technologies for Improved Security (METIS) effort. The purpose of the METIS initiative is to build a fleet of relevant tools and capabilities based on
Updated state law now prohibits mandatory nurse overtime
ALBANY, N.Y. — Mandatory overtime for nurses is now prohibited under an updated state law that took effect Thursday. Under the law, health-care employers are
Community Bank System CEO, Tryniski, to retire at year’s end
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) President/CEO Mark E. Tryniski will retire at the end of this year, and Dimitar A. Karaivanov,
Baisley appointed Oneida County public works commissioner
UTICA, N.Y. — The Oneida County Department of Public Works has a new commissioner with the appointment of Matthew Baisley by County Executive Anthony J.
Oneida County seeks proposals for housing study
UTICA, N.Y. — Oneida County is seeking a consultant to provide a housing-market inventory, assessment, and strategy report. The effort is part of Oneida County
Finalists chosen for seventh round of Genius NY program at Syracuse’s Tech Garden
SYRACUSE, N.Y. — Five teams will participate in the seventh round of the Genius NY business-accelerator program at the Tech Garden in Syracuse. Genius NY
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.