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The Women’s Fund awards $5K grants to five businesses
Initiative helps firms in Herkimer and Oneida counties ROME — The Women’s Fund of Herkimer and Oneida Counties has awarded grants of $5,000 each to five women-owned businesses from Herkimer and Oneida counties to take the next big step in supporting the community. Hosted by the Women’s Fund, and sponsored by Baird Private Wealth Management, […]
Lockheed’s Salina plant wins nearly $9M Navy contract modification
SALINA — The Lockheed Martin Corp. (NYSE: LMT) facility in suburban Syracuse has recently been awarded an $8.66 million modification to a previously awarded contract from the U.S. Navy to exercise options for Navy equipment. Work will be performed in Lockheed Martin’s plant in the town of Salina (70 percent), and Oldsmar, Florida (30 percent),
Five Star Bank appoints chief information officer
Christopher Campise brings more than 25 years of tech leadership WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that it has appointed Christopher Campise as senior VP, chief information officer of the bank. In this role, Campise will lead the development and implementation of the bank’s technology
VIEWPOINT: Revamping Your Cybersecurity Policies & Procedures
Tips and Tricks As each year passes and technology advances, businesses face an increasingly difficult task to maintain adequate security measures to protect their organizations’ assets and data. With this in mind, it is important to review your cybersecurity policies and procedures at least annually to ensure they are up to date and reflect advancements
Wolfspeed ousts CEO after lackluster earnings
Wolfspeed Inc. (NYSE: WOLF) is changing things up — starting at the top — after a disappointing first quarter for fiscal year 2025. Less than two weeks after its first earnings report for the year, which revealed a net loss of $282.2 million, the chipmaker announced on Nov. 18 that it would be parting ways
CABVI breaks ground on $24.5 million renovation project
UTICA — The Central Association for the Blind and Visually Impaired (CABVI) recently broke ground on a $24.5 million project to renovate its Utica headquarters at 507 Kent St. Work will enhance both CABVI’s call center, as well as its manufacturing operations. The project is the final one in a three-part, 10-year plan for expansion
Koffman Incubator leader gets additional responsibilities
Katoch to oversee Binghamton University’s entrepreneurship efforts VESTAL — She’s been leading the Koffman Southern Tier Incubator, and Binghamton University has now assigned her additional responsibilities. The school has named Bandhana Katoch as interim assistant VP for entrepreneurship and innovation partnerships (EIP). Katoch, who joined the university in 2023 as executive director of the Koffman
Port of Oswego to build warehouse for chip, advanced- manufacturing industries
OSWEGO — A new climate-controlled warehouse to help serve the region’s semiconductor, renewable energy, and advanced-manufacturing industries is coming to the Port of Oswego. It will use more than $11 million in federal funding to build the facility. The money will help replace a decades-old, damaged warehouse with the Great Lakes’ first climate-controlled warehouse at
Broome Tech Park development plans continue
The Broome County Industrial Development Agency (The Agency) is hoping to create opportunity in the Southern Tier with the development of up to 600 acres
New York manufacturing index hits highest level since December 2021
New orders and shipments rose significantly in November, sending the general business conditions index of the Empire State Manufacturing Survey to its highest level in almost three years — December 2021. The index jumped 43 points to 31.2 in November after falling 23 points to -11.9 in October. The general business conditions index is the
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