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

NYSERDA announces semifinalists in this year’s 76West clean-energy competition
The New York State Energy Research and Development Authority (NYSERDA) on Wednesday announced that 20 semifinalists have been selected as part of its 76West clean-energy

Lockheed Martin to pay Q3 dividend of $2.40 a share
Lockheed Martin Corp. (NYSE: LMT) announced on June 25 that its board of directors has authorized a third-quarter 2020 dividend of $2.40 per share. The dividend is payable on Sept. 25, to holders of record as of the close of business on Sept. 1. It’s the same amount that Lockheed paid in each of the

MARCY, N.Y. — Cree, Inc. (NASDAQ: CREE) and SUNY Polytechnic Institute (SUNY Poly) on Monday announced that Cree will donate $3.5 million for a scholarship

BAE Systems to provide propulsion systems for New York City transit buses
ENDICOTT, N.Y. — BAE Systems will provide 435 electric hybrid power and propulsion systems for new fleet of buses of the New York City Transit

SRC names senior VP of force protection, VP of international operations
In her new role, Wigge will lead the execution, technical development, and growth of significant lifesaving systems for the U.S. military. She will be responsible

N.Y. manufacturing index bounces back after two bad months
A monthly gauge on New York manufacturing activity indicated the state’s manufacturers are more optimistic about the future than they had been during the coronavirus crisis of the past couple months. The Empire State Manufacturing Survey general business-conditions index climbed almost back to even in June after posting record lows in the prior two months. The

SUNY Poly instructor and partners to use $600K grant for work on community maintenance efforts
“I see a lot of opportunity to connect the work of the Maintainers with existing workforce-development efforts in the Mohawk Valley, including the engineering technology

FuzeHub awards Finger Lakes Textiles $15K grant for face-mask production
WATERLOO, N.Y. — Finger Lakes Textiles (FLT), a Waterloo–based textile and knitting factory and a division of Mozaic, is using a $15,000 grant from FuzeHub

Syracuse University graduate students help NUAIR, WindShape on drone wind-tunnel project
McGovern took the lead on researching integral products and components of the UAS wind tunnel, including a global navigation satellite system (GNSS) simulator and motion

New president and CEO of Lockheed Martin begins duties
BETHESDA, Maryland — James Taiclet on Monday assumed his new duties as president and CEO of Lockheed Martin Corp. (NYSE: LMT). Taiclet has served as
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.