Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
California company selects Wolfspeed component for energy management product
Battery-management and charging-technology company AMP recently announced the integration of Wolfspeed’s E-series silicon carbide metal-oxide-semiconductor field-effect transistor (MOSFET) into AMP’s e-mobility energy management unit. Wolfspeed’s technology allows AMP to optimize battery performance, charging, and costs. Wolfspeed, based in Durham, North Carolina, employs more than 300 people at its Mohawk Valley Fab facility that opened this […]
Lockheed Martin wins more than $10M Navy contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has won a more than $10.2 million modification to a previously awarded contract from the U.S. Navy. The cost-plus-incentive-fee modification to a previously awarded delivery order under an indefinite-delivery/indefinite-quantity contract is for the design, prototyping, and qualification testing of submarine electronic-warfare

ConMed lowers full-year guidance despite higher Q3 sales
Hospital-staffing shortages, supply-chain issues, and foreign-currency pressures together created a major concern for ConMed Corp. (NYSE: CNMD), pushing the medical-device maker to lower guidance for the remainder of the year in spite of a nearly 11 percent rise in net sales in the third quarter. ConMed reported improved third-quarter sales of $275.1 million, boosted by

Australian firm wins top prize in Grow-NY competition in Syracuse
SYRACUSE, N.Y. — ProAgni of Lavington, Australia is the $1 million grand-prize winner of this year’s Grow-NY business competition held this week at the Oncenter

Wolfspeed partners with MACNY and MVCC to launch apprenticeship program
MARCY, N.Y. — Mohawk Valley Community College (MVCC); Wolfspeed, Inc.; and MACNY, The Manufacturers Association of Central New York are partnering to develop a New

New York manufacturing index rises back into positive territory in November
The Empire State Manufacturing Survey general business-conditions index climbed 14 points to 4.5 in November. The index had declined eight points to -9.1 in October.

Onondaga County chooses Verizon for $18 million rural broadband program
LaFAYETTE, N.Y. — Onondaga County on Tuesday announced that Verizon (NYSE: VZ) will deploy broadband services in several communities within the county. The nearly $18

ANDRO lands $1.25 million AFRL contract to enhance Android device networks
ROME, N.Y. — The Air Force Research Laboratory Information Directorate (AFRL/RI) has awarded a two-year, $1.25 million Small Business Innovation research (SBIR) contract to ANDRO

SUNY Morrisville to add food and agribusiness master’s degree in 2023
MORRISVILLE, N.Y. — SUNY Morrisville announced it will add its first master’s degree in food and agribusiness (FAB) in a fully online two-year degree program

Syracuse University, Northeast Clean Energy Council sign collaboration agreement
SYRACUSE, N.Y. — Syracuse University and the Northeast Clean Energy Council (NECEC) recently signed an agreement forming a collaborative partnership between the two organizations. The
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.