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

Lockheed Martin to pay second-quarter dividend of $2.40 a share in late June
Lockheed Martin Corporation (NYSE: LMT) announced that its board of directors has authorized a second-quarter 2020 dividend of $2.40 per share. The dividend is payable on June 26, to holders of record as of the close of business on June 1. It’s the same amount that Lockheed paid in each of the last two quarters. […]

ConMed reports Q1 profit amid COVID-19 impact
UTICA, N.Y. — ConMed Corp. (NYSE: CNMD) has reported net income of more than $5.9 million, or 20 cents a share, in this year’s first

Utica firm wins FuzeHub $50K grant to help pay for N95 mask production
UTICA, N.Y. — Environmental Composites, a Utica firm that specializes in advanced textile products, will use a $50,000 grant to help ramp up N95 mask

Cuomo outlines phased plan to reopen New York, starting with construction, manufacturing
ALBANY, N.Y. — Gov. Andrew Cuomo on Sunday outlined a phased plan to reopen New York’s economy following the COVID-19 shutdown, starting with construction and

Raymond Corp. to produce more than 2,000 face shields for local health-care professionals
GREENE — The Raymond Corporation says engineers and staff at its plant in the Chenango County town of Greene recently began to 3D print face shields to provide local doctors, nurses, and first responders with needed personal protective equipment (PPE). The manufacturing firm expects to produce more than 2,000 face shields to be distributed to

Broome County cancels Small Community Grant Program to use funds for PPE supplies
BINGHAMTON — Broome County Executive Jason Garnar on April 10 announced the cancellation of the Small Community Grant Program for 2020, in order to use the money to aid the county’s health-care response to the coronavirus crisis. Cancelling the grant program will free up to $150,000 to be used to purchase personal protective equipment (PPE)

New York manufacturing index plummets to lowest level in history
New York manufacturers are feeling the impact of the global COVID-19 pandemic with a “sharp decline” in both orders and shipments. That’s according to the April Empire State Manufacturing Survey released April 15. The general business-conditions index “plunged” 57 points to -78.2, “its lowest level in the history of the survey.” The index fell 34

Ithaca company designs medical face shield for hospital in COVID-19 fight
ITHACA — Incodema Inc., an Ithaca–based sheet-metal provider, announced it has designed a new face shield that can be sanitized and reused in health-care facilities during the coronavirus pandemic. The company says it responded to “the call to action” of the Cayuga Medical Center (CMC) in Ithaca to find a solution to the face-shield shortage.

CenterState CEO survey: 55 percent of CNY firms reduce workforce amid coronavirus crisis
SYRACUSE, N.Y. — A new CenterState CEO survey found that 55 percent of responding businesses reported a decrease in product demand during the coronavirus shutdown

New York manufacturing index crashes to its lowest level ever in April
The Empire State Manufacturing Survey general business-conditions index “plunged” 57 points to -78.2 in April, “its lowest level in the history of the survey,” the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.