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

Indium Corp. announces leadership change
CLINTON, N.Y. — Indium Corporation has a new CEO as former leader Greg Evans transitions to a role as executive chair of the board of directors, the company announced. Ross Berntson, who already served as Indium’s president and COO, is now also the firm’s CEO. In his dual role, Berntson is responsible for the overall […]

State completes Thruway work in Herkimer and Montgomery counties
New York State wrapped up a $13.7 million infrastructure project on the Thruway (I-90) in Herkimer and Montgomery counties. Work included full- and partial-depth repairs

Le Moyne, Meier’s Creek Brewing Company team up on 2nd beer
Heights Honey Ale is the new beer SYRACUSE — Le Moyne College was set to launch its second beer on Nov. 22, a beverage that is part of its collaboration with Meier’s Creek Brewing Company. Heights Honey Ale will be available for a limited holiday season run in retail stores throughout the Central New York

Exit 31 study council plans public meeting in Utica on Dec. 3
UTICA, N.Y. — The Herkimer-Oneida Counties Transportation Council (HOCTC) will present improvement options for the Exit 31 interchange of I-90 at a public open house

VESTAL, N.Y. — Binghamton University says it is a key partner in a new federally funded institute that’s focused on the use of “digital twins” to improve domestic semiconductor design and manufacturing. The U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corp. (SRC) recently announced that they’re negotiating for the department to

Broome County IDA launches tech park survey
BINGHAMTON, N.Y. — The Broome County Industrial Development Agency (BCIDA) has launched an online community survey on the proposed Broome Technology Park in the towns

Final phase of railway work between Cortland and Syracuse gets nearly $4M funding boost
CORTLAND — The federal government is providing a nearly $4 million grant for the final phase of the New York, Susquehanna & Western Railway’s (NYSW) rail-line modernization project between Cortland and Syracuse. The more than $3.9 million in funding comes from the federal Infrastructure & Jobs Law to complete a “major modernization project” for the

Lockheed’s Salina plant wins nearly $9M Navy contract modification
SALINA — The Lockheed Martin Corp. (NYSE: LMT) facility in suburban Syracuse has recently been awarded an $8.66 million modification to a previously awarded contract from the U.S. Navy to exercise options for Navy equipment. Work will be performed in Lockheed Martin’s plant in the town of Salina (70 percent), and Oldsmar, Florida (30 percent),

Wolfspeed ousts CEO after lackluster earnings
Wolfspeed Inc. (NYSE: WOLF) is changing things up — starting at the top — after a disappointing first quarter for fiscal year 2025. Less than two weeks after its first earnings report for the year, which revealed a net loss of $282.2 million, the chipmaker announced on Nov. 18 that it would be parting ways

CABVI breaks ground on $24.5 million renovation project
UTICA — The Central Association for the Blind and Visually Impaired (CABVI) recently broke ground on a $24.5 million project to renovate its Utica headquarters at 507 Kent St. Work will enhance both CABVI’s call center, as well as its manufacturing operations. The project is the final one in a three-part, 10-year plan for expansion
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.