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

Menlo Microsystems to begin Ithaca–area operations in 2024
LANSING — Menlo Microsystems, Inc. (Menlo Micro) says it has finalized an asset purchase in Tompkins County, which will house the company’s first domestic- microelectronics fabrication (fab) facility, which it dubs the Ideal Fab. Menlo Micro will invest $50 million in the Ideal Fab over the next three years, creating more than 100 high tech […]

Michaels named STEM GEAR UP program assistant at MVCC
UTICA, N.Y. — Daniel Michaels has recently transitioned to the grant-funded position of STEM GEAR UP program assistant in the Student Affairs Division at Mohawk Valley Community College (MVCC). Michaels will provide instruction to GEAR UP students in support of the grant’s STEM priority and improve GEAR UP students’ academic performance through the delivery of

Kris-Tech Wire breaks ground on expansion project
ROME, N.Y. — Kris-Tech Wire is expanding in Rome. The company broke ground Wednesday on a facility expansion that will help the company add jobs,

California firm to move into Lansing facility, create more than 100 jobs
LANSING, N.Y. — Menlo Microsystems, Inc., headquartered in California with operations in Albany, plans to invest $50 million in Lansing facility and create more than

Two new Southern Tier cannabis dispensaries open
VESTAL, N.Y. — Two new Southern Tier cannabis dispensaries recently opened, bringing the total number of legal and licensed dispensaries in the state to 19.

Moody’s, S&P affirm “stable outlook” for Onondaga County bond ratings
SYRACUSE, N.Y. — Moody’s Investors Service has affirmed Onondaga County’s bond rating of “Aa2” with a stable outlook, and S&P Global Ratings also affirmed its
Lockheed Martin Owego wins more than $192 million U.S. Army contract modification
OWEGO, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in Owego was recently awarded a $192.2 million modification to a U.S. Army contract for Modernized-Radar Frequency Interferometer production, sustainment hardware, and technical, logistical, test and engineering support. Work locations and funding will be determined with each order, with an estimated completion date of Aug.

GrammaTech wins nearly $10M Navy contract modification for cyber technologies
ITHACA, N.Y. — GrammaTech Inc. was recently awarded an almost $9.85 million modification to a previously awarded contract from the U.S. Navy for the Matured, Enhanced Total Platform Cyber Protection (TPCP) technologies for Improved Security (METIS) effort. The purpose of the METIS initiative is to build a fleet of relevant tools and capabilities based on

CNY Works program wins $1 million state grant for construction-worker training
SYRACUSE, N.Y. — CNY Works’ Syracuse Build Pathways to Apprenticeship program will use a $1 million state grant to expand its current access, capacity, and

Finalists chosen for seventh round of Genius NY program at Syracuse’s Tech Garden
SYRACUSE, N.Y. — Five teams will participate in the seventh round of the Genius NY business-accelerator program at the Tech Garden in Syracuse. Genius NY
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.