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Frankfort site is shovel ready for logistics-center development
FRANKFORT, N.Y. — The Central New York Logisitics Center is being marketed as the largest industrial-development site in New York and New England with space
Lockheed Martin to pay quarterly dividend of $3.30 a share in late September
Lockheed Martin Corp. (NYSE: LMT) recently announced that its board of directors has authorized a third-quarter, 2025 dividend of $3.30 per share. The defense contractor will pay the dividend on Sept. 26, to holders of record as of the close of business on Sept. 2. At Lockheed’s current stock price, the dividend yields about 2.9
ConMed appoints new independent board chair
ConMed Corp. (NYSE: CNMD), a surgical-device maker originally based in the greater Utica region, recently announced that it had appointed LaVerne Council to succeed Martha Goldberg Aronson as the new independent chair of its board of directors, effective May 21. Council brings extensive experience as a global operations and information technology executive that has been
Lockheed wins $78M contract modification for undersea warfare combat systems
SALINA — Lockheed Martin Corp. (NYSE: LMT) has been awarded a $78.4 million modification to a previously awarded contract to exercise the option and provide funding for fiscal 2025 Hypervisor Technology Zero AN/SQQ-89A(V)15 surface ship undersea warfare combat systems and spares in support of the continued AN/SQQ-89A(V)15 development, integration, manufacture, production, and testing. Work will
Madison County solar project gets final siting permit
FENNER, N.Y. — A 140-megawatt solar array by Cypress Creek Renewables has received the go-ahead from the New York State Office of Renewable Energy Siting
CenterState CEO appoints CEO for ON-RAMP Syracuse workforce-development program
SYRACUSE, N.Y. — CenterState CEO on Thursday announced the appointment of Carlene Lacey as the inaugural CEO of workforce program ON-RAMP Syracuse. ON-RAMP is short for One Network for Regional Advanced Manufacturing Projects. Lacey brings extensive expertise in leadership, workforce development, grant writing, and community engagement, “all critical to advancing ON-RAMP Syracuse’s mission,” CenterState CEO
CNY Community Foundation names two new board members
SYRACUSE, N.Y. — The Central New York Community Foundation board of directors recently elected two new members. Angela Lee, chief diversity officer at Baxter International, Inc., and H. Douglas Pinckney, partner and co-founder of the Pinckney Hugo Group, were appointed to serve their first three-year term beginning July 1, 2025. Lee brings more than 30
Hochul announces $40 million to launch Empire AI Beta supercomputer
ALBANY, N.Y. — Empire State Development (ESD) has approved $40 million to launch Empire AI Beta, the second phase of the supercomputer powering New York’s Empire AI (artificial intelligence) initiative. SUNY and Cornell University are among the seven founding members of Empire AI, and the group also includes CUNY (City University of New York), Columbia
Barclay pushes for NYPA to develop a new upstate nuclear-power plant in Oswego
New York State Assembly Minority Leader Will Barclay (R–Pulaski) believes Oswego would be the “ideal site” for a new nuclear-power plant. The lawmaker issued a June 23 statement after Gov. Kathy Hochul said she wants the New York Power Authority (NYPA) to develop and construct a zero-emission, advanced nuclear-power plant somewhere in upstate New York.
Seneca Foods’ net sales rise more than 12 percent in latest fiscal quarter
FAIRPORT, N.Y. — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the fiscal quarter ending March 31, 2025 rose more than 12 percent to $345.8 million from $308 million in the same quarter a year ago. The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities
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