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

Crews working on Cree’s Mohawk Valley Fab complete foundation work
MARCY, N.Y. — Cree, Inc. (NASDAQ: CREE) says it has “surpassed foundational targets” for the construction of its Mohawk Valley Fab in Marcy. It’s under
New York manufacturing index turns positive in July
The Empire State Manufacturing Survey general business-conditions index jumped to 17.2 in July from -0.2 a month before, as new orders and shipments both expanded substantially. This was the first time the Empire State index was in positive territory since February, before the coronavirus shutdowns started in March. Economists had anticipated a July reading of

Corning expands production of glass vials for possible COVID-19 vaccines
BIG FLATS — Corning Inc. (NYSE: GLW) is using a more than $200 million federal award to “substantially accelerate” manufacturing capacity for producing glass vials for upcoming COVID-19 vaccines and other medicines. The Biomedical Advanced Research and Development Authority under the U.S. Department of Health & Human Services (HHS) awarded the money in June. The

Innovare Advancement Center in Rome to host Accelerator in early September
ROME — Innovare Advancement Center announced it will host the upcoming $1 million International Quantum U Tech Accelerator in early September. Innovare (pronounced Inn-oh-VAR-ay) Advancement Center is the new “open innovation” campus located at the Griffiss Business and Technology Park in Rome, the Griffiss Institute said in a July 13 news release. The event is scheduled

Eck Plastic Arts expands capability with new molding machine
BINGHAMTON — Eck Plastic Arts, of Binghamton, announced it has purchased a new machine to enhance its capacity for injection molding, the firm’s fastest-growing market segment. Eck Plastic Arts acquired a 1,012-ton Mars II S injection-molding machine from Absolute Haitian in June, according to a company news release. It didn’t say how much the machine

Grow-NY applicants await announcement of finalists in August
SYRACUSE — Businesses and entrepreneurs who applied to compete in the Grow-NY competition will now wait for the announcement about finalists in August. Applications were due July 15. Grow-NY is a multi-million dollar global business competition that serves to “identity, attract, support” and fund startup businesses and entrepreneurs “looking to put down roots” in New

Five Tech Garden startups awarded funding as they pursue growth
SYRACUSE — Five startup firms at the Syracuse Tech Garden are using funding that CenterState CEO awarded to help pay for projects each company is working on. The money comes from CenterState CEO’s new “Fund of Funds” program, the organization announced on July 13. It created the program by streamlining resources from multiple pools of

Byrne Dairy’s Ultra Dairy plant in DeWitt to expand
DeWITT — Byrne Dairy’s Ultra Dairy, LLC at 6750 W. Benedict Road in DeWitt is planning a $28.5 million phase two expansion as it works to complete an ongoing growth initiative. “Their phase two expansion will be related to aseptic processing, so they can package their product and send it out for extended periods of

Syracuse among seven communities awarded state funding to address “pressing” municipal challenges
SYRACUSE, N.Y. — The City of Syracuse will use $200,000 for projects focused on algae-bloom monitoring and treatment as well as vacant structure monitoring and

SRC wins $7.5 million order from U.S. Air Force
CICERO — The U.S. Air Force has awarded SRC Inc. a nearly $7.5 million follow-on task order for baseline-support services under a contract for the sensor beam program. Cicero–based SRC will research, analyze, technically document, and perform reviews on electromagnetic systems, events, and signatures required by all services and other U.S. agencies, according to a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.