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Manufacturing & Engineering
Lockheed Martin announces CFO departure, names successor
Lockheed Martin Corp. (NYSE: LMT) says it has named Evan Scott as the company’s senior VP and CFO, succeeding Jesus (Jay) Malave, who advised the company that he is “pursuing other opportunities.” Scott, a 26-year Lockheed Martin finance executive, has served as the defense contractor’s treasurer and the CFO of two business units. The appointment […]
Micron reorganizing business units to capitalize on AI growth across market segments
Micron Technology, Inc. (NASDAQ: MU) on Thursday announced a market segment-based reorganization of its business units to capitalize on the growth driven by AI (artificial
New York manufacturing index rises but remains in negative territory in April
The Empire State Manufacturing Survey general business conditions index improved 12 points in April but remained below zero at -8.1, which indicates continued contraction in
Runway-improvement project begins at the Watertown airport
HOUNSFIELD, N.Y. — Watertown International Airport on Monday said work is beginning on a project to improve the facility’s runway 10-28. The $3.8 million project
Goodwill store set to open in Ithaca
ITHACA, N.Y. — Goodwill of the Finger Lakes will open its first retail location in Ithaca on April 25 at 9 a.m., following a ribbon-cutting ceremony. The 15,000-square-foot thrift store occupies the former Ollie’s Bargain Outlet location at 723 S. Meadow St., Goodwill of the Finger Lakes announced. “This strategic expansion has been a long
Syracuse University chooses brand partner for upcoming campus hotel
SYRACUSE, N.Y. — Syracuse University (SU) on Wednesday said it has selected Graduate by Hilton as the brand partner for its upcoming development of a
MACNY to honor Indium global R&D director Liu as Innovator of the Year
DeWITT, N.Y. — The woman who serves as director of global research and development (R&D) at Indium Corporation is the recipient of MACNY’s 2025 Innovator of the Year Award. Members of MACNY, The Manufacturers Association and community leaders will honor Yan Liu, Ph.D. at MACNY’s 112th annual Celebration of Manufacturing on May 22 at the
Project to replace Townline Road bridge over Thruway starts
DeWITT, N.Y. — Drivers who use Townline Road on their daily commute will need to get accustomed to taking a detour for the next few months. Crews have started work on a $7.5 million bridge-replacement project along Townline Road in the town of DeWitt in Onondaga County. The effort seeks to replace the bridge with
Syracuse business launches industrial smart motor
SYRACUSE, N.Y. — A new company based in Syracuse is hoping to help industrial companies reduce their costs and emissions, increase equipment lifespan, and gain other benefits from its new type of “smart” motor that includes variable-speed intelligence. VIDAR, a new venture of ITT, Inc. (NYSE: ITT), has just brought this innovative technology to market
Lockheed Martin’s suburban Syracuse plant wins $54M order from U.S. Navy
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility in the town of Salina, was recently awarded a $54.2 million delivery order under a previously awarded contract from the U.S. Navy for production of submarine electronic-warfare systems on new construction and in-service submarines. Work will be performed at the Salina plant, and is expected to
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