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

Raymond Corp. plans continued product innovations in 2023
GREENE — After a year filled with celebrating the company’s 100th anniversary, The Raymond Corporation is looking ahead to a year of innovation and helping its customers. The company kicked off 2022 with the introduction of several new products and innovations including its iWAREHOUSE Field Sense proximity-notification system, High Capacity Orderpicker that picks a full […]

Ithaca Area Economic Development to use grant funding for manufacturing-partnership program
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) announced that it will use $31,500 in grant funding to advance its Direct to Work (DTW) manufacturing-partnership

Micron Technology to cut workforce by 10 percent by end of next year
Micron Technology Inc. (NASDAQ: MU) plans to reduce its workforce by 10 percent by the end of 2023. The move is part of a restructuring

City of Oneida receives nearly $10 million for downtown revitalization
ONEIDA, N.Y. — A nearly $10 million state Downtown Revitalization Initiative (DRI) award will help the City of Oneida complete eight projects to leverage the

Ilion receives $2 million to repurpose Duofold site
ILION, N.Y. — The village of Ilion, with assistance from the Herkimer County Industrial Development Agency, has received $2 million in Restore NY assistance to

Greater Binghamton Chamber hosts homecoming job fair December 29
JOHNSON CITY, N.Y. — The Greater Binghamton Chamber of Commerce is hosting its Project Homecoming Job Fair on Dec. 29 from 11 a.m. to 3

ANDRO lands $240,000 Navy contract
ROME, N.Y. — The U.S. Navy has awarded ANDRO Computational Solutions, LLC a phase I Small Business Innovation Research (SBIR) contract valued at $240,000 to develop a new type of autonomous capability for uncrewed aircraft system (UAS) applications. ANDRO’s Marconi-Rosenblatt Artificial Intelligence and Machine Learning (AI/ML) Innovation Lab team in Rome, led by Jithin Jagannath,

Utica excavation firm certified as service-disabled veteran-owned business
New York State Office of General Services (OGS) Commissioner Jeanette Moy recently announced that a Mohawk Valley company that provides excavation and related services has been certified as a service-disabled veteran-owned business (SDVOB). The New York OGS Division of Service-Disabled Veterans’ Business Development (DSDVBD) issued the certification to Clancy’s Excavation & Land Clearing LLC of
Lockheed Martin’s suburban Syracuse plant wins nearly $15 million Navy contract modification
SALINA, N.Y. — The Lockheed Martin Rotary and Mission Systems facility in the town of Salina has been awarded a more than $14.8 million modification to a previously awarded contract from the U.S. Navy. The cost-plus-fixed fee and cost-only contract adjustment is to exercise options for Advanced Off-Board Electronic Warfare (AOEW) System engineering services and

ConMed to pay fourth-quarter dividend of 20 cents in early January
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica area, has announced that its board of directors declared a quarterly cash dividend of 20 cents a share for the fourth quarter of 2022. The dividend is payable on Jan. 5 to all shareholders of record as of Dec. 16. At the company’s
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.