Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Moody’s gives Syracuse A1 bond rating, stable outlook amid budget battle
SYRACUSE, N.Y. — Moody’s has given the City of Syracuse an A1 bond rating and a stable outlook for the 7th straight year, Syracuse Mayor
Riverside Gardens project breaks ground in Johnson City
JOHNSON CITY, N.Y. — Square Deal Partners broke ground on Monday June 2 on its $15.5 million project to redevelop the former Davis College campus
SUNY Oswego renames four of its colleges, focusing on areas of growth
OSWEGO, N.Y. — SUNY Oswego on Monday announced the upcoming renaming of its four colleges, three of which were previously known as schools. At the
Greater Binghamton has a role to play in upstate’s high-tech surge
The advanced-manufacturing boom along the New York State Thruway corridor continues to be the lead story of upstate’s economic resurgence — with good reason. Micron Technology, Inc.’s highly anticipated plan to break ground on its massive $100 billion memory manufacturing facility north of Syracuse later this year is an important milestone that will be a
Launch NY invests in Binghamton graduate’s startup Bridge Green Upcycle
BINGHAMTON — Launch NY says it is investing in Bridge Green Upcycle, a Binghamton–based clean-energy startup, after identifying the firm as a “high-promise and high-impact company.” Launch NY invested from its Nonprofit Seed Fund and for-profit LP Fund II, per its March 12 announcement. “We’re thrilled that Launch NY, including our Emerging Cleantech Opportunity (ECO)
MACNY’s 112th Celebration of Manufacturing dinner recognizes leaders, longevity
ONONDAGA, N.Y. — It was a night of remarks, multimedia tributes, and award presentations as MACNY, The Manufacturers Association, hosted its 112th annual Celebration of
Arc Herkimer outlines leadership transition
HERKIMER, N.Y. — At the end of this year, Arc Herkimer will have its first female president and CEO in more than 40 years when Kevin Crosley retires from the role on Dec. 31 and Lorene Bass takes over. Crosley has served as president and CEO of the nonprofit for 20 years. Bass currently serves
New York manufacturers remain pessimitic about the future
That’s despite improvement in new orders, shipments Even with improvements in new orders and shipments, respondents to a monthly measure of New York’s manufacturing sector remain pessimistic about the future. As for current conditions, the general business conditions index of the Empire State Manufacturing Survey dipped to -9.2 in May, declining for a third consecutive
Raymond opens advanced energy test facility near Rochester
HENRIETTA, N.Y. — The Raymond Corporation formally opened its new advanced energy storage solutions development, prototyping, and test center in the town of Henrietta in
SRC deploys surveillance radars to southern border to support USCBP program
CICERO, N.Y. — SRC, Inc. says it has formed a partnership with Benchmark Electronics, Inc. (NYSE: BHE) to upgrade previously deployed mobile video surveillance systems (MVSS) along the southwest U.S. border with Mexico. The effort is part of U.S. Customs and Border Protection’s Border (USCBP) Surveillance Systems program, SRC said. Benchmark has already begun integrating
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.