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Manufacturing & Engineering
Lockheed Martin Owego awarded $64 million Air Force contract
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a nearly $64.3 million supply contract for F-16 foreign military sales mission planning. This eight-year contract provides for the development, integration, test, and delivery of the Joint Mission Planning System Unique Planning Component/Mission Planning Environment software updates, according to a Jan. 29 […]
Lockheed Martin to pay first-quarter dividend in late March
Lockheed Martin Corp. (NYSE: LMT) recently announced that its board of directors has authorized a first-quarter 2021 dividend of $2.60 per share. The dividend is payable on March 26, to shareholders of record as of the close of business on March 1. At Lockheed’s current stock price, the dividend yields nearly 3.2 percent on an
New York egg production edges up in December
New York farms produced 150.5 million eggs in December, up 0.2 percent from 150.2 million eggs in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State averaged nearly 5.86 million in December, up 1.4 percent from 5.78 million layers a year prior. December egg
Cree awards scholarships to SUNY Poly students
MARCY, N.Y. — Cree, Inc. (NASDAQ: CREE) has awarded 11 students at SUNY Polytechnic Institute (SUNY Poly) education funding as part of the newly established, merit-based “Cree/Wolfspeed Scholarship” program. The first group of recipients shared a total of $46,000. The commitment from Cree is part of a $2 million scholarship program over 10 years. Scholarship
People news: SRCTec appoints Palmer as director of quality
CICERO, N.Y. — SRCTec, LLC announced it has named Michelle Palmer its director of quality. In this position, Palmer will be responsible for process assurance
FRANKFORT, N.Y. — Genesis Disposables LLC of Frankfort will use a $400,000 state grant as it pursues a larger facility to produce gowns that are
People news: SRC names Johnson director of test engineering
CICERO, N.Y. — SRC Inc. announced it has promoted James Johnson to director of test engineering. In this role, Johnson will lead a team focused
MVHS holds ceremony for final beam placement in upcoming hospital in downtown Utica
UTICA, N.Y. — The Mohawk Valley Health System (MVHS) on Tuesday held a ceremony to place the final beam on the upcoming downtown Utica hospital
Lockheed Martin taps company CEO as new board chairman; former CEO Hewson to retire
BESTHESDA, Maryland — The board of directors of Lockheed Martin Corp. (NYSE: LMT), which operates plants in suburban Syracuse and Oswego, has elected James Taiclet,
New York manufacturing index dips in January, but still shows growth
Firms also remained optimistic about the future The Empire State Manufacturing survey general business-conditions index slipped more than point to 3.5 in January as the monthly gauge of New York’s manufacturing sector continue to point to modest growth. The survey’s January index reading — based on firms responding to the survey — indicates
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