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Lockheed Martin Salina

Lockheed Martin’s Salina plant awarded $551M Navy contract for submarine electronic-warfare systems work

SALINA — Lockheed Martin Corp. (NYSE: LMT) recently won a $551 million contract from the U.S. Navy for engineering and technical support and production of the submarine AN/BLQ-10 electronic-warfare systems on new construction and in-service submarines. This contract includes options which, if exercised, would bring the cumulative value of this pact to nearly $1.37 billion., […]

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Five Star Bank

Five Star Bank parent company boosts quarterly dividend by 3%

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. That’s up by 3.3 percent from the 30 cents a share that the banking company paid last quarter.

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Berkshire Bank parent company to pay Q1 dividend of 18 cents in early March

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on March 6, to shareholders of record as of

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FOCUS Greater Syracuse names three new board members

SYRACUSE — FOCUS Greater Syracuse, Inc. — a 501(c)(3) nonprofit, bipartisan, citizen-driven organization — announced that it recently welcomed three new members to its board of directors: Reginald T. Braggs, Ryan R. Delao, and Emily Minnoe. Braggs, Ph.D., is the director of Central New York partnerships at Onondaga Community College (OCC). His responsibilities include serving

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Utica–area construction company wins $22M Army contract for stone-masonry restoration services

UTICA — Lupini Construction Inc., of the Utica area, was recently awarded a $22.1 million firm-fixed-price contract from the U.S. Army for stone-masonry restoration services. Bids were solicited via the internet with three bids received, as Lupini beat out two other firms for the pact. Work locations and funding will be determined with each order,

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CNY Philanthropy Ctr

LeadSafeCNY program wins another $400,000 for prevention efforts

SYRACUSE — The LeadSafeCNY initiative of the Central New York Community Foundation will continue its outreach and community engagement with the help of some additional grant money. The Mother Cabrini Health Foundation of New York City awarded the program $400,000 in funding for activity over the next two years, according to the Community Foundation’s Jan.

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Empire State Manufacturing

N.Y. manufacturing index turns positive in February

New orders, shipments provided a boost                         Increases in new orders and shipments helped push the general business conditions index of the Empire State Manufacturing Survey into positive territory in February, rising 18 points to 5.7. It was a strong rebound as the index

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7 Brew

7 Brew brings new coffee option to Rome

ROME — Rome has a new coffee option — more than 20,000 coffee options, actually — now that 7 Brew has opened its newest drive-through coffee stand at 201 Erie Blvd. The location marks the fifth for franchise group Brew Team NY, LLC, says Nick Vidal, director of operations and operating partner for the group.

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Number of NY farms dipped slightly in 2024

The number of farms in New York state fell in 2024 compared to a year earlier, the USDA’s National Agricultural Statistics Service (NASS) reported on Feb. 14. NASS estimated that the number of farms in the state totaled 30,500 last year, down less than 1 percent from 30,700 farms in 2023. Total land on farms

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McFarland Johnson

McFarland Johnson looks ahead to growth

BINGHAMTON, N.Y. — McFarland Johnson, Inc. recently announced some leadership changes, but those are not the only exciting initiatives at the growing employee-owned company. “We have grown by double digits every year for the last five years,” President Chad Nixon says of the engineering firm. With that growth comes change, especially with the retirement of

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