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ALBANY, N.Y. — Gov. Kathy Hochul on Thursday released guidelines for pursuing funding in the $500 million Green CHIPS Community Investment Fund. The state created the fund as part of the Green CHIPS incentive agreement between Micron Technology (NASDAQ:MU) and Empire State Development, New York’s economic-development agency, Hochul’s office said in its announcement. Boise, Idaho–based […]
FuzeHub to use $1 million NSF award for program focused on advanced materials
ALBANY, N.Y. — FuzeHub says it will use a $1 million award from the National Science Foundation (NSF) to lead Upstate Makes. Upstate Makes is a collaborative initiative to build New York’s advanced materials ecosystem and “foster innovation-fueled economic growth,” FuzeHub said in its announcement. FuzeHub is an Albany–based nonprofit that works to help New
Tompkins County seeks developer for emergency shelter
ITHACA, N.Y. — Tompkins County is looking for help designing and building an emergency shelter to serve homeless people in the county. The county released a July 18 request for qualifications (RFQ) from development partners to design and develop an accessible, safe, and inclusive shelter to house about 100 adults. The RFQ is available on
Lockheed Martin awarded nearly $30M modication to Navy contract
SALINA — The Lockheed Martin Corp. (NASDAQ: LMT) plant in suburban Syracuse has won a more than $29.8 million modification to a previously awarded contract to exercise an option for U.S. Navy equipment. Work will be performed in the town of Salina (67 percent) and Millersville, Maryland (33 percent), and is expected to be completed
N.Y. manufacturing index dips further into negative territory in July
The Empire State Manufacturing Survey general business-conditions index slipped less than a point to -6.6 in July. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. Based on firms responding to the survey, the July reading indicates business activity “declined modestly” in New York State, the Federal Reserve Bank of New
Ashley McGraw expands into Boston area with acquisition
SYRACUSE — Syracuse–based Ashley McGraw Architects, D.P.C. has expanded its footprint into the New England region, acquiring studioMLA Architects of Brookline, Massachusetts, near Boston. Founded in 2006, studioMLA Architects — a 15-person architecture and landscape design firm — focuses on the design of early-education facilities along with nature-inspired playscapes for young children. The acquisition closed
Project to protect Oswego’s Camp Hollis from future flooding is now complete
OSWEGO, N.Y. — A construction project to protect Camp Hollis in the town of Oswego from future flooding and high-water events is now complete. Camp Hollis is a summer camp for children, providing recreational opportunities to more than 2,000 at-risk youth per year, as well as a location for private events. The completed resiliency project
MACNY wins $6 million federal grant for advanced-manufacturing apprenticeships
DeWITT, N.Y. — MACNY, the Manufacturers Association will use a $6 million federal grant to expand registered apprenticeships for advanced-manufacturing jobs, including those in the semiconductor industry. The U.S. Department of Labor awarded the funding, the office of U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) announced. The new program is expected to help more than
HUD awards $50 million to help redevelop Syracuse public housing near I-81
SYRACUSE, N.Y. — The Syracuse Housing Authority (SHA) and the City of Syracuse will use a $50 million federal grant to improve the East Adams neighborhood near Interstate 81 (I-81) in the City’s 15th Ward. This funding comes through the U.S. Department of Housing and Urban Development’s (HUD) Choice Neighborhoods Initiative program, U.S. Senate Majority
Lockheed Martin to pay Q3 dividend of $3.15 per share in late September
Lockheed Martin Corp. (NYSE: LMT) announced that its board of directors has authorized a third-quarter, 2024 dividend of $3.15 a share. The dividend is payable on Sept. 27, to holders of record as of the close of business on Sept. 3, according to a June 27 company news release. At Lockheed’s current stock price, the
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