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

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

New York manufacturing index rebounds after two months of record lows
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

Finger Lakes firm to renovate, move into former Syroco facility in Van Buren
VAN BUREN — The former Syroco site at 7528 State Fair Blvd. in the town of Van Buren will soon have new life. Empire Polymer Solutions, LLC of Geneva is seeking to renovate the facility and create 70 jobs in the next five years. The firm is looking for $2.4 million in tax breaks for
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.