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

Lockheed Martin produces higher profit, sales in Q3
Lockheed Martin Corp. (NYSE: LMT) generated a third-quarter profit of $1.6 billion, or $6.95 per share, compared to $1.6 billion, or $6.80 a share, during the same quarter in 2024. That’s according to the earnings report it issued on Oct. 21. The company’s profit result beat the consensus analyst’s estimate of $6.33 per share, according […]

State breaks ground on Principle Hotel in downtown Norwich, as part of DRI projects
NORWICH, N.Y. — Officials in Norwich held a Thursday, Oct. 23 groundbreaking for the upcoming Principle Hotel, an $8.3 million boutique hotel as part of

Indium Corp. accepting applications for its DIY internship program
CLINTON, N.Y. — Indium Corporation is now accepting applications for its 2026 internship program, which will be a do-it-yourself (DIY) format. It allows students to

Alcoa, NYPA ink new power-supply contract in Massena, supporting 500 jobs
MASSENA, N.Y. — Alcoa Corp. (NYSE: AA) and the New York Power Authority (NYPA) have signed a new power-supply contract for Alcoa’s Massena smelting-plant operations

Lockheed Martin Q3 profit edges up, sales rise
Lockheed Martin Corp. (NYSE: LMT) on Tuesday reported third quarter net earnings of $1.6 billion, or $6.95 per share, compared to $1.6 billion, or $6.80

OCC’s Micron cleanroom- simulation lab ready for use after construction project
ONONDAGA — The new Micron cleanroom-simulation lab at Onondaga Community College (OCC) will train students for careers in the semiconductor and microelectronic industries. OCC on Oct. 1 hosted a ceremonial wire cutting for the new 3,000-square-foot space. Ashley McGraw Architects, of Syracuse, designed the cleanroom and related renovations to the Whitney Applied Technology Center, where

Lockheed Martin boosts dividend, stock buyback
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2025 dividend of $3.45 per share, up 4.5 percent from the $3.30 a share that the defense contractor paid last quarter. It is Lockheed’s 23rd straight year of dividend increases, the company said in its Oct. 9 announcement. The dividend is

Ogdensburg company selected as St. Lawrence County Chamber Business of the Year
CANTON, N.Y. — The St. Lawrence County Chamber of Commerce says Pepsi-Cola Ogdensburg Bottlers is its 2025 Business of the Year. In addition, the chamber will recognize Jernabi Coffee House of Potsdam for its Customer Service Excellence, Canton Apples & Cider as the Local Producer of the Year, and the Massena Public Library as the

MACNY legislative breakfast includes panel discussion, outline of legislative priorities
DeWITT, N.Y. — It was an event that included a panel discussion workforce, economic development, and energy issues. MACNY, The Manufacturers Association, on Wednesday, Oct.

PSC approves National Grid plan for transmission line between substation and Micron campus in Clay
CLAY, N.Y. — The New York State Public Service Commission (PSC) has adopted the terms of a joint proposal in connection with National Grid’s petition
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.