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

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

Geneva company wants to renovate former Syroco facility in Van Buren, create 70 jobs
VAN BUREN, N.Y. — Empire Polymer Solutions, LLC of Geneva is seeking to renovate the former Syroco site at 7528 State Fair Blvd in the

Crucible Industries promotes Shiesley to company president
GEDDES, N.Y. — Crucible Industries has promoted John Shiesley to company president, effective June 1. Shiesley had previously served as VP of sales and marketing

Lockheed Martin’s Owego plant wins nearly $38 million order from U.S. Navy
OWEGO — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a more than $37.8 million delivery order from the U.S. Navy for computer retrofits to Seahawk helicopter systems. The order provides for retrofits from the Generation III, V, and VI Mission Computer (or MC) configuration to the Generation 3i and 5i MC configuration

May U.S. jobs report stuns with gain of 2.5 million jobs and drop in jobless rate
The U.S. economy surprisingly added 2.5 million jobs in May and the unemployment rate fell to 13.3 percent from 14.7 percent in April May as

ConMed to pay quarterly dividend of 20 cents a share on July 6
UTICA — ConMed Corp. (NYSE: CNMD), a Utica–based surgical-device maker, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share. The dividend is payable on July 6 to all shareholders of record as of June 15. ConMed provides surgical devices and equipment for minimally invasive procedures. The
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.