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

Schumer wants feds to stop countries from laundering steel through Mexico to avoid tariffs
AUBURN, N.Y. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Monday called on the federal government to “strike while the iron is hot” to stop China and other countries from laundering steel through Mexico to avoid tariffs. Schumer’s call comes “on the heels of the Biden administration announcing historic, new rules to protect the […]
Lockheed Martin to pay Q2 dividend of $3.15 per share in late June
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a second-quarter, 2024 dividend of $3.15 per share. The dividend is payable on June 28, to holders of record as of the close of business on June 3, according to a May 2 company news release. At Lockheed’s current stock price, the dividend yields

Winand Products brings Brazilian spices to area kitchens
AUBURN — Pandemic cooking and memories of her mother’s kitchen in Brazil inspired Patricia Winand Springer to fulfill her lifelong dream of becoming an entrepreneur with her own business. She launched Winand Products, Inc., which produces her Perfeito seasoning brand, in December 2021. Springer moved from Boston to the Auburn area in March 2020, the

DeWitt firm leader named Veteran Owned Small Business Person of the Year
DeWITT — The man who leads a DeWitt business is the recipient of the SBA’s regional office’s “Veteran Owned Small Business Person of the Year” award. The Syracuse-Upstate district office of the U.S. Small Business Administration (SBA) made the selection. Daniel Rickman, director of the SBA Syracuse-Upstate New York district office, presented the award on

Johnson City business owner appears at Small Business Showcase in D.C.
JOHNSON CITY — A Broome County business owner participated in the May 1 Small Business Showcase held in Washington, D.C. Rob Salamida, owner of the Rob Salamida Co. of Johnson City, accepted his invitation to participate from U.S. Representative Marc Molinaro (R–Catskill), according to an April 30 announcement from the Congressman’s office. The event was

SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in the northern suburbs of Syracuse has been awarded a $21.4 million modification to a previously awarded delivery order under a contract to exercise options for design and qualification testing of the AN/BLQ-10 submarine electronic-warfare system. Work will be performed in the town of Salina and

SU, Onondaga County to spend $20 million to launch Center for Advanced Semiconductor Manufacturing
SYRACUSE, N.Y. — Syracuse University (SU) on Thursday announced plans to launchits Center for Advanced Semiconductor Manufacturing. It’s described as a center that will bring together expertise in artificial intelligence (AI), cybersecurity, manufacturing processes, optimization, and robotics to “advance the science of semiconductor manufacturing,” per the university’s news release. SU plans to spend $10 million

SUNY Poly joins Innovare Alliance
ROME, N.Y. — The Griffiss Institute and SUNY Polytechnic University have signed a memorandum of understanding that marks the college as the 11th member to join the Innovare Alliance. The alliance leverages collaborations among academic, industrial, and defense sectors in the upstate region to advance technical and professional-development disciplines, the Griffiss Institute announced in a

SRC awarded $60M Air Force contract
CICERO — SRC Inc. recently won a $60 million U.S. Air Force contract for research and development. This indefinite-delivery/indefinite-quantity contract provides for exploring new and emerging concepts related to development, integration, assessment, evaluation, and demonstration of cybersecurity, open-system architecture, novel avionics and sensor technologies, and multi-domain technologies focusing on the electric-warfare piece of avionics. That’s

Raymond Corporation buys buildings in Kirkwood
KIRKWOOD — The Raymond Corporation has purchased two buildings on connecting parcels Kirkwood, expanding its permanent presence in Broome County and setting the stage for future growth. The company acquired two parcels located at 191 Corporate Drive and 196 Corporate Drive in the town of Kirkwood on April 1. According to Broome County property records,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.