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

Mercedes-Benz selects Wolfspeed semiconductors for its electric vehicles
MARCY, N.Y. — Wolfspeed, Inc. (NYSE: WOLF) will supply silicon-carbide devices to power future Mercedes-Benz electric vehicle (EV) platforms when the company’s semiconductors are incorporated

New York farms had 331,000 certified organic acres in 2021, ranking No. 2 in U.S.
ALBANY, N.Y. — A recent certified organic survey from the U.S. Department of Agriculture (USDA) found that 1,407 New York farms had 331,000 certified organic acres, which produced and sold $328 million in organic commodities in 2021. That’s according to Donnie Fike, state statistician at the USDA’s National Agricultural Statistics Service (NASS), New York Field

Lotte Biologics begins operations in Bristol Myers Squibb’s DeWitt facility
DeWITT, N.Y. — The facility at 6000 Thompson Road in DeWitt that for many years housed manufacturing operations for Bristol Myers Squibb Co. (NYSE: BMY) is now under new ownership. Bristol Myers Squibb on Jan. 3 announced it had completed the sale of the property to Lotte Biologics of Seoul, South Korea. It sold the

IAED plans to advance manufacturing-partnership program
“Direct to Work helps community members gain exposure to industries in Ithaca and Tompkins County that offer living wage jobs and career advancement opportunities,” Heather McDaniel, president of IAED, said. “We’re grateful for the support for this important program.” IAED and its partner, Alliance for Manufacturing & Technology in Broome County, rolled out the DTW

Oneonta company partners with UB on new battery technology
In business since 1964, Custom Electronics has spent the past 20 years focusing on the development of new technology in areas such as lithium-ion batteries and energy-storage systems, says Michael Pentaris, company president. He was excited to partner with UB on this new technology that improves the anode part of a battery. Together with a

Centro to seek public input as it plans to reshape public-transit systems
SYRACUSE, N.Y. — Centro says it’s looking to “reshape” its public-transit systems and diversify transit options for its customers. “The commuting habits within the communities
Lockheed wins $43 million Navy/Australia order
More than half the work will be completed in Owego OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) has been awarded a more than $43.4 million contract modification from the U.S. Navy for aircraft to go to the Australian military. More than half of the work is set to be done at the defense contractor’s

Bristol Myers Squibb completes sale of DeWitt manufacturing facility to Lotte Biologics
DeWITT, N.Y. — Bristol Myers Squibb Co. (NYSE: BMY) on Tuesday said it has completed the previously announced sale of its manufacturing facility at 6000

Dataflow acquires Edmeston print shop
EDMESTON, N.Y. — Binghamton–based Dataflow has acquired Prolifiq Sign Studio in a move that gives it four new employees, a new shop space in Edmeston (Otsego County), and expertise in vehicle wrapping and decals. Dataflow has been actively looking for viable acquisitions of businesses that are a good fit for the company by expanding services
Lockheed wins $302M Navy contract
SALINA, N.Y. — Lockheed Martin Corp., Rotary and Mission Systems was recently awarded a $302.2 million U.S. Navy contract. The cost-plus-incentive-fee, firm-fixed-price, cost-plus-fixed-fee, and cost-only “undefinitized” pact is for the proof of manufacture, production, spares, production-support material, and engineering support for components related to the MK 48 heavyweight torpedo all up round. That’s according to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.