Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

SRC awarded patent for Angle Diversity MIMO Radar
CICERO — SRC, Inc. has announced that the U.S. Patent and Trademark Office issued the company a patent for the “Angle Diversity Multiple Input Multiple

Two CNY small businesses certified as SDVOB
ALBANY— New York State Office of General Services (OGS) Commissioner Jeanette Moy recently announced that nine businesses across the state were certified as service-disabled veteran-owned

Chemung Canal Trust to consolidate Ithaca branches
ITHACA — Chemung Canal Trust Company announced it will be consolidating two of its three Ithaca branch offices. The 806 West Buffalo St. location, known

Berkshire Bank names business banking managing director
Berkshire Bank, which has a significant presence in the Mohawk Valley region, recently announced it has promoted Rob Nichols to managing director of its business

Oneida County hotel occupancy dips in June
UTICA, N.Y. — Oneida County hotels posted a nearly 2 percent drop in guests in June, whereas two other important indicators of business performance improved.

Seneca Foods’ net sales slip 7 percent in latest quarter
FAIRPORT — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the quarter ending March 31 declined 7 percent to $308

Mower CEO Crockett named Chair of 2024 Walk to End Alzheimer’s
SYRACUSE — The Central New York Chapter of the Alzheimer’s Association recently named Stephanie Crockett as chair of the 2024 Syracuse Walk to End Alzheimer’s.

Binghamton University’s Center for Civic Engagement announces grants for seven community projects
BINGHAMTON — The Stephen David Ross University and Community Projects fund has awarded $28,300 in grants to support initiatives of local nonprofit organizations and university

Lockheed Martin awarded nearly $30M modication to Navy contract
SALINA — The Lockheed Martin Corp. (NASDAQ: LMT) plant in suburban Syracuse has won a more than $29.8 million modification to a previously awarded contract
State pension fund posts 11.5 percent return in fiscal year
ALBANY — The New York State Common Retirement Fund produced a return of 11.55 percent for the state fiscal year ending March 31, 2024. That’s