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

NYSERDA launches 4th Commercial & Industrial Carbon Challenge
Makes $15 million available for clean-energy projects The fourth annual Commercial and Industrial (C&I) Carbon Challenge seeks to help to reduce carbon emissions at commercial and industrial businesses and institutions. The New York State Energy Research and Development Authority (NYSERDA) on May 13 launched the latest round of the C&I Carbon […]

Construction begins on Salina 1st project, south of downtown Syracuse
SYRACUSE, N.Y. — Construction is underway on the Salina 1st development project at 1081 S. Salina St., just south of downtown Syracuse. The construction site

Final approval granted for I-81 viaduct-replacement project, which will begin this fall
The first phase will last about three years through 2025 and the second phase begins in 2026 and will be done by the end of

ConMed to pay 2nd quarter dividend of 20 cents on July 5
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica area, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the second quarter of the year. The dividend is payable on July 5 to all shareholders of record as of June 15. ConMed
New York milk producer prices increase again in latest month
Milk prices at the producer level kept going up in New York state in the latest month for which data is available. New York dairy farms in March were paid an average of $25.90 per hundredweight of milk, up 50 cents, or almost 2 percent, from $25.40 in February. The year-over-year rise in prices was

Bristol’s DeWitt facility sale to close later this year
DeWITT, N.Y. — Lotte Corporation of Seoul, South Korea anticipates the deal to purchase the DeWitt manufacturing facility of Bristol Myers Squibb Co. (NYSE: BMY) will be complete by the second half of this year. It’s “subject to receipt of regulatory approvals and the satisfaction of other closing conditions,” Bristol Myers Squibb said in a

New lab at Port of Oswego tests each load of delivered grain
OSWEGO, N.Y. — The new $15 million grain-export center at the Port of Oswego includes a grain-testing lab that tests each load of grain delivered to the port. The facility can store up to 22,000 metric tons, or 780,000 bushels. The Port of Oswego Authority (POA) formally opened the lab with a ribbon-cutting ceremony on
New York state egg production rose 2.5 percent in April
New York farms produced 146.2 million eggs in April, up 2.5 percent from 142.7 million eggs in the year-ago month, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State edged up 0.4 percent to 5.76 million in April from 5.74 million in the same month in 2021.

HII to become tenant at renovated City Center in downtown Syracuse, create 80 new jobs
SYRACUSE, N.Y. — HII, an all-domain defense and technologies company, plans to expand its operations in downtown Syracuse. HII has committed to creating more than

CenterState CEO board elects new chair
SYRACUSE, N.Y. — The board of directors of CenterState CEO has elected David Schneckenburger as its new chair. Schneckenburger is president and CEO of Thompson
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.