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

Square Deal Machining acquires a nearby company to expand business operations
MARATHON, N.Y. — Two companies with operations in Marathon in southern Cortland County are now working together. Square Deal Machining Inc. (SDMI) — a metal fabrication and machining company based in Marathon — acquired Kurtz Truck Equipment, a truck equipment and fabrication company, also of Marathon. SDMI says the deal allows it to expand its […]

Raymond rolls out new automated tow tractor
GREENE, N.Y. — The Raymond Corporation, a Chenango County–based manufacturer of forklift trucks and other material-handling products, has recently introduced a new automated tow tractor. The Raymond Courier 3220 Automated Tow Tractor uses vision-guided technology and can tow up to 15,000 pounds. The new tow tractor is the latest addition to Raymond’s line of automated

Square Deal Machining acquires another Cortland County company
MARATHON, N.Y. — Square Deal Machining Inc. (SDMI) — a metal fabrication and machining company based in Marathon — announced it has acquired Kurtz Truck

Seneca Foods operating income nearly triples in latest quarter
MARION — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) — a Wayne County–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva — reported operating income of $90.6 million in its latest quarter ending Dec. 26. That was up almost three-fold from $33.1 million in the year-ago quarter. Seneca Foods also reported

Syracuse-area businesses deploy HealthWay-donated air purifiers
SYRACUSE — HealthWay of Pulaski on Feb. 3 announced it donated Intellipure air-purification systems to 18 Syracuse businesses or organizations, including several restaurants. The air purifiers will help to improve air quality in these indoor spaces and “promote cleaner air,” CenterState CEO said in a news release. The donation “represents an effort to connect local

Owego awarded federal funding for flood-damaged road, culvert repairs
OWEGO, N.Y. — The Town of Owego will use more than $1 million in federal funding to repair roads and culverts damaged from severe flooding

Baldwinsville-area brewery to benefit from Anheuser-Busch’s planned $1 billion in plant investments
LYSANDER, N.Y. — Its plant on Route 31 in the town of Lysander will benefit as Anheuser-Busch, the largest brewer in the U.S., plans to

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