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

State starts nearly $2M project on Route 13 bridge in Ithaca
ITHACA, N.Y. — Construction crews have started a $1.95 million project to rehabilitate the bridge carrying State Route 13 (South Meadow Street) over Six Mile Creek in the city of Ithaca, the state announced. When completed, the improved bridge will enhance safety and improve travel along a key roadway that provides direct access to Ithaca’s […]

People news: SRCTec hires Charlesworth as director of life cycle management
CICERO, N.Y. — SRCTec, LLC announced it has hired Robert Charlesworth as director of life cycle management. Charlesworth joins SRCTec from the New York Army

F.X. Matt Brewery to add 25 jobs after completing nearly $35 million expansion
UTICA, N.Y. — F.X. Matt Brewery in Utica on Wednesday announced plans to add 25 jobs following the completion of its $34.7 million brewhouse and

Schumer bill would increase spending on advanced technology, R&D, regional tech hubs
SYRACUSE, N.Y. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) is pushing a $160 billion proposal that he says would dramatically increase U.S. investment in

People news: SRC names Ucchino AVP of corporate strategy
CICERO, N.Y. — SRC Inc. announced it has promoted Maria Ucchino to assistant vice president (AVP) of corporate strategy. In her new role, Ucchino will

State breaks ground on $9.5 million resiliency project in Oswego
OSWEGO, N.Y. — Construction is underway in Oswego at International Pier on a $9.5 million resiliency project funded through the Gov. Andrew Cuomo’s Resiliency and

Binghamton firm secures funding in pursuit of lithium-ion Gigafactory in Endicott
BINGHAMTON, N.Y. — Imperium3 New York Inc. (iM3NY) on Wednesday announced “significant” funding for the development of its lithium-ion Gigafactory in Endicott. Based in Binghamton,

Lockheed Martin’s suburban Syracuse plant wins nearly $12 million Navy contract modification
SALINA, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in the Syracuse area has been awarded an $11.7 million modification to a previously awarded delivery order for the design, prototyping, and qualification testing of submarine electronic-warfare equipment. Work will be performed in Lockheed’s facility in the town of Salina and is expected to be

Lockheed Martin Owego plant to work on Navy contract for aircraft for Korea
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego facility was recently awarded a $447.2 million order from the U.S. Navy against a previously issued basic-ordering agreement. This order provides for the production and delivery of 12 MH-60R aircraft for the government of the Republic of Korea. Work will be performed in Owego (52 percent);

New York manufacturing index hits highest level since fall 2017
The Empire State Manufacturing Survey general business-conditions index climbed 9 points in April to 26.3, its highest level since October 2017, well before the COVID pandemic started. It was the third straight strong month for the index, which took it from a reading of 3.5 in January all the way up to its current multi-year
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.