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

Construction begins on Edwards Vacuum plant near Batavia
Construction has started on the first phase of the $319 million Edwards Vacuum dry-pump manufacturing facility, located in the Genesee County town of Alabama, near Batavia. Edwards Vacuum is a United Kingdom–based multinational company that specializes in vacuum and abatement equipment for the semiconductor industry, the office of Gov. Kathy Hochul said in an April […]

Clinton’s Ditch to expand Cicero plant in $40 million project
CICERO, N.Y. — Clinton’s Ditch Co-Operative Company, Inc., located on Pardee Road in the town of Cicero, has plans for a $40.7 million expansion of its current facility. The existing plant would expand by about 100,000 square feet from its current footprint of 274,000 square feet, the office of Onondaga County Executive Ryan McMahon announced

Lockheed Martin Owego awarded more than $88 million Air Force contract
OWEGO — Lockheed Martin Rotary and Mission Systems in Owego is the recent recipient of a nearly $88.4 million Captains of Industry contract from the U.S. Air Force for the overhaul of the B-2 digital receiver and legacy defense-message system. This pact provides for overhaul, management, and material lay-in, according to an April 19 contract

Biden talks Micron project funding, workforce hub in MOST visit
SYRACUSE — For the second time in less than two years, U.S. President Joseph Biden visited Central New York to tout the forthcoming arrival of Micron Technology, Inc. (NASDAQ: MU) in Central New York, bringing the promise of thousands of new jobs and a transformed regional economy. The 46th president on April 25 formally announced
Schumer pitches Upstate to Japanese semiconductor suppliers
Several Japanese companies that supply the semiconductor industry recently gathered in Washington, D.C. to hear a pitch from U.S. Senate Majority Leader Charles Schumer (D–N.Y.) about the benefits of locating in upstate New York. Schumer held the event April 9 at the U.S. Capitol as Japanese Prime Minister Fumio Kishida visited the U.S., representing the
State announces Mohawk Valley workforce initiative and SUNY Poly semiconductor center funding
New York State has launched Mohawk Valley Empowers, a new three-year, $10 million initiative designed to strengthen the region’s workforce ecosystem and improve workforce participation by expanding wraparound services and redefining career readiness. The state also announced new funding for SUNY Polytechnic Institute’s semiconductor processing lab, according to a Tuesday news release from Gov. Kathy

Syracuse is designated as a workforce hub, focused on chip manufacturing
SYRACUSE, N.Y. — U.S. President Joseph Biden on Thursday announced Syracuse as one of four additional Investing in America Workforce Hubs, and the Syracuse hub will focus on semiconductor manufacturing. The 46th president made the announcement during his visit to the Milton J. Rubenstein Museum of Science & Technology (the MOST) in downtown Syracuse. Biden

ConMed promotes Beyer to newly created COO role
ConMed Corp. (NYSE: CNMD) has promoted Patrick Beyer to the newly created role of chief operating officer, effective immediately, the medical-device maker announced Wednesday afternoon.
Lockheed Martin Owego wins $13M Navy contract modification
OWEGO — Lockheed Martin Rotary and Mission Systems in Owego has recently been awarded a nearly $13.2 million modification to an order against a previously issued basic ordering agreement from the U.S. Navy. This modification exercises an option to provide 105 mission-computer retrofit kits (101 for the Navy, three for the government of Australia, and

Commerce Dept. starts work on finalizing funding for Micron projects
CLAY — The U.S. Department of Commerce is working on a due-diligence process on Micron Technology’s (NASDAQ: MU) planned projects in both the town of Clay and in Idaho. Micron has reached a $6.1 billion preliminary memorandum of terms (PMT) funding agreement with the Commerce Department under the federal CHIPS & Science Law. The PMT
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.