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

North Carolina firm plans $1 billion semiconductor plant in Marcy, creating 600 jobs
MARCY, N.Y. — A North Carolina company on Monday announced plans to spend $1 billion to build the “world’s largest silicon carbide fabrication facility” in

Upstate Medical University formally opens new simulation center
The medical school wants the Upstate Simulation Center to “improve patients safety and patient care, as well as build highly trained multidisciplinary health-care teams,” per

KeyCorp CEO Mooney to retire in 2020; successor chosen
Gorman will succeed Mooney as chairman and CEO on May 1, 2020. Mooney has served in the role of chairman and CEO since May 1,

Briggs & Stratton formally opens new manufacturing facility in Sherrill
Its new facility in the Sherrill Industrial Park will “accommodate this continued growth into the future” and will nearly double the production capacity for Ferris,

Knowles Precision Devices wins contract to support F-35 JSF program, will add jobs
Knowles Precision Devices is a division of Itasca, Illinois–based Knowles Corporation (NYSE: KN). It is a manufacturer of “high-performance” specialty components, capacitors and microwave products.

NBT Bank promotes Kavney to Mohawk Valley regional president
Kavney joined NBT Bank as senior vice president and Central New York regional executive in June and was based in Syracuse, per a June 28

Runningboards Marketing opens office in downtown Syracuse
“Our focus is on helping successful businesses grow, whether it’s growing their business, growing their brand, rebranding. That’s really what we’re about,” Calvin McNeely, president

Syracuse names new dean of College of Engineering and Computer Science
Smith’s appointment, which was approved by the executive committee of the board of trustees, is effective Oct. 1. “We are excited to welcome Cole to

Carrols Restaurant Group names LaLonde interim CFO
Syracuse–based Carrols Restaurant Group is the largest Burger King franchisee in the U.S. LaLonde had previously served as vice president, controller at Carrols from 1997

Syracuse University’s IVMF to use $100K SBA grant to help train veterans
The U.S. Small Business Administration (SBA) awarded the funding. It represents one-third of the $300,000 in funding distributed nationally to organizations offering entrepreneurship training to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.