Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
New York state honey production jumped nearly 16 percent in 2024
New York state honey production increased 15.9 percent to almost 2.76 million pounds last year from nearly 2.38 million pounds in 2023, according to a recent report from the USDA National Agricultural Statistics Service (NASS). New York beekeepers earned nearly $16.21 million from their honey in 2024, up 47 percent from $11.01 million the prior […]
Northrop Grumman wins nearly $34M order from U.S. Navy, with most work in Syracuse area
SYRACUSE — Northrop Grumman Systems Corp. has been awarded a $33.6 million cost-plus-fixed-fee order against a previously issued basic ordering agreement from the U.S. Navy. The vast majority of the work will be done in Central New York. The purpose of this contract modification is to provide continued support to E-2D Advanced Hawkeye transition efforts
Broome County attracted more than $174 million in new private investment in 2024
BINGHAMTON, N.Y. — Broome County saw more than $174 million in new private investment supported by the Broome County Industrial Development Agency (IDA) in 2024,
State awards fifth contract of the first phase of the I-81 viaduct-replacement project
SYRACUSE, N.Y. — The state says it has awarded the fifth and final contract of the initial phase of the Interstate 81 (I-81) viaduct-replacement project,
Chobani to build $1.2 billion natural-food manufacturing facility in Rome
ROME, N.Y. — Greek yogurt maker Chobani will build a 1.4 million-square-foot, $1.2 billion manufacturing facility focused on natural-food production at the Triangle parcel at
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.