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

Work begins on Binghamton apartment-complex renovations
BINGHAMTON, N.Y. — Town and Country Apartments will be renovated in a $94 million project that includes full electrification of the 22-building, 256-unit housing development,

Utica woman- and minority-owned businesses can apply for grant funding
UTICA, N.Y. — Grant funding is available for qualifying woman- and minority-owned businesses with five or fewer employees that are located within the City of

BAE providing actuator control units for JetZero
Collaborating with Airbus with work done in Endicott ENDICOTT, N.Y. — BAE Systems says it will provide and integrate

SRC, Japanese firm collaborate on deployment of radar system in Japan
CICERO, N.Y. — SRC, Inc. says it worked with Nippon Kaiyo Co., Ltd. on the first deployment of its Gryphon R1410 radar system in Japan. Japan’s Ministry of Internal Affairs and Communications recently certified the radar, making it the first counter-unmanned aircraft system (C-UAS) radar of its kind to receive official approval in the country,

Oswego Health Employee Giving Campaign raises more than $77,000 in 2024
OSWEGO, N.Y. — Through the 2024 Employee Giving Campaign, 352 employees at Oswego Health contributed just under $77,453 to support the Oswego Health Foundation, the organization announced. Known internally as “We are the Foundation,” the annual campaign allows employees to contribute directly to projects and priorities within Oswego Health, impacting their colleagues, as well as

Raymond Corporation, Toyota Material Handling to integrate
GREENE, N.Y. — The Raymond Corporation, which Toyota Material Handling acquired in 2001, will fully integrate with Toyota into one company under the name Toyota Material Handling North American (TMHNA) effective April 1, the companies recently announced. “We’re combining into one functional corporate organization,” says Michael Field, current president and CEO of Raymond. The company,

New York manufacturing index begins 2025 in negative territory
The general business conditions index of the Empire State Manufacturing Survey fell 15 points to -12.6 in January, with indexes for new orders and shipments

Albany NanoTech to use $825M for R&D in national semiconductor tech center
ALBANY, N.Y. — Albany NanoTech is the first flagship facility of the National Semiconductor Technology Center (NSTC). It follows a final agreement between NY CREATES, Natcast, and the U.S. Department of Commerce. The pact means $825 million in federal research and development (R&D) investment from Schumer’s CHIPS & Science Law, the office of U.S. Senate

New CEO now leading CXtec after Belyea retirement
SYRACUSE, N.Y. — CXtec is now operating under new leadership following the retirement of CEO Peter Belyea at the end of 2024 after having served as CEO since 2016. Belyea had worked for CXtec for more than 35 years. The company on Jan. 14 announced the appointment of Todd Zegers as its top executive. Zegers,

CenterState CEO report finds nearly two-thirds of area businesses expect to increase jobs this year
SYRACUSE, N.Y. — A new report from CenterState CEO finds 63 percent of 160 businesspeople surveyed expect to boost jobs and hiring in 2025, up
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.