Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
What's New
Upcoming Events
CNYBJ Job Board
Manufacturing & Engineering
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
Port of Oswego to build warehouse for chip, advanced- manufacturing industries
OSWEGO — A new climate-controlled warehouse to help serve the region’s semiconductor, renewable energy, and advanced-manufacturing industries is coming to the Port of Oswego. It will use more than $11 million in federal funding to build the facility. The money will help replace a decades-old, damaged warehouse with the Great Lakes’ first climate-controlled warehouse at
Broome Tech Park development plans continue
The Broome County Industrial Development Agency (The Agency) is hoping to create opportunity in the Southern Tier with the development of up to 600 acres
New York manufacturing index hits highest level since December 2021
New orders and shipments rose significantly in November, sending the general business conditions index of the Empire State Manufacturing Survey to its highest level in almost three years — December 2021. The index jumped 43 points to 31.2 in November after falling 23 points to -11.9 in October. The general business conditions index is the
VIEWPOINT: Manufacturing Growth Needs Realistic Energy Approaches
Manufacturing is under-appreciated in New York state. Why is this? One of the main reasons is that there is a negative perception of manufacturing as an industry that is dirty, polluting, and low-skilled. This perception is blatantly false. Manufacturers are real innovators in protecting our environment and building sustainable facilities and they make meaningful progress
CenterState CEO recognizes regional businesses during Economic Champions event
SYRACUSE, N.Y. — CenterState CEO on Tuesday recognized the efforts of more than 300 regional businesses during its annual Economic Champions Celebration at the Nicholas J. Pirro Convention Cener at Oncenter. The event recognized 306 companies and organizations for “driving the region’s economy forward” through job creation; business expansions; investments in operations; new business openings;
Lowe to step down as Wolfspeed president and CEO
DURHAM, N.C. and MARCY, N.Y. — Gregg Lowe is out as president and CEO of Wolfspeed, Inc. (NYSE: WOLF), which operates a fabrication plant in
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.