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

Raymond focuses on advanced energy solutions in new Kirkwood facility
KIRKWOOD — The Raymond Corporation will use its building at 196 Corporate Drive in Kirkwood, purchased earlier this year, as an advanced manufacturing facility for energy solutions as it works to continue to improve and innovate its electric materials-handling trucks. “It’s a culmination of many years’ worth of work,” Jennifer Lupo, Raymond’s VP of energy […]

MACNY to expand workforce programs to Onondaga, Oswego counties
State grant funding is aiding the effort DeWITT — MACNY, the Manufacturers Association will use a state grant to expand two workforce-development programs to both Onondaga and Oswego counties. The organization plans to expand the Real Life Rosies and the Advance 2 Apprenticeship direct entry pre-apprenticeship program to those counties.

Upstate Defense Initiative recaps 2024 Microelectronics Forum
ROME, N.Y. — The Upstate Defense Initiative — a collaboration launched this year between Empire State Development’s Division of Science, Technology and Innovation (NYSTAR), FuzeHub,

Lockheed Martin’s Syracuse–area plant wins nearly $114 million modication to Navy contract
SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in Salina has been awarded a $113.6 million modification to a previously awarded U.S. Navy contract to exercise an option for full-rate production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V) six systems. This pact combines purchases for the Navy (80 percent), and the government

NYS, TILT land purchase to protect Jefferson County water quality
CLAYTON — New York State and the Thousand Islands Land Trust (TILT) have acquired nearly 1,000 acres in Jefferson County through 17 projects focused on protecting the region’s drinking-water sources. The partnership will have “lasting impacts” on the water quality and habitats of the St. Lawrence River and Lake Ontario, Gov. Kathy Hochul’s office said

MACNY appoints finance & contracts administration specialist
DeWITT — MACNY, the Manufacturers Association recently added Crystal Ward as its finance and contracts administration specialist. In this role, she will support the nonprofit association’s finance department with various administrative and clerical tasks, such financial record-keeping, data entry, and invoice processing. Ward will also be responsible for establishing data-reporting priorities, ensuring compliance with data-reporting

Second phase of Adirondack Rail Trail opens for use
SARANAC LAKE, N.Y. — The second phase of the Adirondack Rail Trail from Saranac Lake to Floodwood Road is complete and open ahead of schedule,

ORION, an Internet of Things technology accelerator, formally launches in Rome
ROME, N.Y. — A Friday ceremony in Rome formally launched ORION, a technology accelerator and innovation ecosystem aimed at augmenting the U.S. Department of Defense’s (DoD) ability to develop, secure, deploy, and utilize IoT technology. ORION is short for Open-Architecture Resilient IoT for Operational Networks and is described as the region’s first cross-organizational tech partnership

Wolfspeed plans to move device production to Marcy location, closing plant on Durham campus
MARCY, N.Y. — Wolfspeed, Inc. (NYSE: WOLF), which operates a silicon carbide device-manufacturing facility in Marcy, plans to shift its device fabrication to its 200mm Mohawk Valley Fab and close its device fab in Durham, North Carolina where the firm is headquartered. Gregg Lowe, CEO of Wolfspeed, made the announcement as the company released its

SUNY Oswego to use federal grant to support study-abroad partnership related to semiconductors
OSWEGO, N.Y. — SUNY Oswego, in partnership with Monroe Community College, will use a $50,000 federal grant for study-abroad opportunities connected to Micron Technologies Inc.’s
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