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Wolfspeed reduces debt, emerges from Chapter 11 bankruptcy protection
Wolfspeed, Inc. (NYSE: WOLF), a company specializing in silicon-carbide technologies, has completed its financial-restructuring process, and on Sept. 29 announced its emergence from Chapter 11 bankruptcy protection. Based in Durham, North Carolina, Wolfspeed operates a plant in Marcy, in Oneida County. Through the restructuring process, the chipmaker has reduced its total debt by about 70 […]
Endicott–based IT firm TechMD is now under new ownership
ENDICOTT, N.Y. — TechMD, an Endicott–based information-technology (IT) services firm that operates New York offices in DeWitt and Ithaca, is now under new ownership. Integris, which is based in Cranbury Township, New Jersey, acquired TechMD, along with its security division, 1nteger Security, per a mid-June announcement on the Integris website. It didn’t include any financial
SRC wins $24M U.S. Air Force contract for AI, computing architecture development work
CICERO, N.Y. — SRC Inc. was recently awarded a nearly $24.3 million contract for innovative research and development of advanced efficient computing architectures and systems. The pact provides for development of robust algorithms and applications, in order to achieve orders of magnitude improvement in size, weight, and power, for deploying robust artificial intelligence and machine-learning
South Side Community Growth Foundation appoints first executive director
SYRACUSE, N.Y. — The South Side Community Growth Foundation has appointed Deka Eysaman as its first executive director. Eysaman has a “proven track record” of driving impactful programs and initiatives that spark innovation within public private partnerships and advance equity for marginalized populations, per the announcement. Eysaman most recently served as assistant director of field
Bassett’s Northeast Center for Occupational Health and Safety awarded $665K grant
COOPERSTOWN, N.Y. — A Bassett Healthcare Network center will use a three-year grant of more than $665,000 to develop a digital resource to improve outcomes
Syracuse University has launched its new Center for the Creator Economy
SYRACUSE, N.Y. — Syracuse University (SU) on Tuesday, Sept. 30, launched its new Center for the Creator Economy, which describes it as “the first academic
New York State Association of Health Care Providers names new president
ALBANY, N.Y. — The New York State Association of Health Care Providers (HCP) has announced the appointment of Kevin Thomas as its new president. Thomas currently serves as managing director and co-chair of Mercury Public Affairs on Long Island, where he leads strategic communications and advocacy efforts in partnership with local governments and organizations to
New Energy New York’s Battery Week is set for Oct. 13-17
VESTAL, N.Y. — New Energy New York (NENY) is preparing to host this year’s Battery Week from Oct. 13-17, with events taking place in various locations throughout the Binghamton area. NENY is a coalition of educational institutions, industry, and community and government organizations, led by Binghamton University, dedicated to boosting upstate New York’s battery and
WISE Women’s Business Center to host annual Economic Impact Forum on Oct. 14
SYRACUSE, N.Y. — The WISE Women’s Business Center will host its annual Economic Impact Forum on Oct. 14 at Syracuse University (SU). The event, titled: “Economic Impact Forum: Honoring 20 Years, Shaping Tomorrow for CNY Women Entrepreneurs,” will be held from 8-10:30 a.m. at SU’s Martin J. Whitman School of Management in Flaum Hall. The
Wolfspeed emerges from Chapter 11 bankruptcy protection
Wolfspeed, Inc. (NYSE: WOLF), a company specializing in silicon-carbide technologies, on Monday announced the completion of its financial-restructuring process and emergence from Chapter 11 bankruptcy
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