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

ANDRO lands $2 million contract for 5G test environment
ROME, N.Y. — ANDRO Computational Solutions, LLC has been awarded a $2 million Direct-to-Phase II contract from the Defense Advanced Research Projects Agency (DARPA) in Washington, D.C. The pact will establish a federated fifth generation (5G) testbed ecosystem, called 5GTE, for advanced telecommunications experimentation, the company said. The award is highly competitive and part of […]

Broome County IDA to host June 25 webinar on proposed technology park
BINGHAMTON, N.Y. — The Broome County Industrial Development Agency (IDA) will hold an informational webinar on Tuesday, June 25, at 6 p.m., to provide the pubic with an overview of the State Environmental Quality Review (SEQRA) environmental-impact assessment process for the proposed Broome Technology Park in the towns of Maine and Union. The webinar will

Operation Oswego County annual meeting reviews 2023 projects, honors Onondaga SBDC
OSWEGO, N.Y. — Operation Oswego County (OOC) and the County of Oswego IDA (COIDA) in 2023 assisted on projects that resulted in the creation or retention of 630 jobs with more than $130 million in capital investment. The projects were associated with 33 new, expanded, or retained facilities in the targeted industry clusters of manufacturing,

AFRL Rome lab’s economic impact topped $509 million in 2023
ROME, N.Y. — The economic impact of the Air Force Research Laboratory Information Directorate (AFRL) in Rome has decreased slightly but remained significant at $509 million for fiscal year (FY) 2023, the AFRL announced. The impact is down $1.2 million, or 0.2 percent, from the previous year. Both the Utica–Rome metropolitan statistical area (MSA) and

Hochul provides update as Syracuse Developmental Center demolition work is underway
SYRACUSE, N.Y. — Gov. Kathy Hochul on Friday announced progress toward the $100 million project to turn the site of the former Syracuse Developmental Center into a mixed-use development on Syracuse’s West side. Demolition work is underway at 800-2 S. Wilbur Ave., which is not far from the Rosamond Gifford Zoo. Following the demolition, the

Some cardiac surgeries set to resume at Wynn Hospital
UTICA, N.Y. — Some, but not all, of the paused cardiac surgeries at Mohawk Valley Health System’s (MVHS) Wynn Hospital will resume this month, according to a press release from the organization. MVHS’s structural heart program will resume June 20 with the caveat that a cardiac surgeon is required to be present in the operating

MMRI welcomes 19 summer fellows for 2024
UTICA — The Masonic Medical Research Institute (MMRI) announced it will welcome 19 undergraduate students to its 2024 summer fellowship program where they will study under MMRI principal investigators and administrative executives for 10 weeks to gain scientific-research experience and insights into operations. Participants were selected based on academic excellence, innovative scientific-project ideas, and demonstrated

Five Star Bank parent company to pay Q2 dividend of 30 cents a share in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), holding company of Five Star Bank, recently announced that its board of directors approved a quarterly cash

Crouse Health Foundation names new board chair and members
SYRACUSE — The Crouse Health Foundation recently announced the appointment of Anthony (Tony) Fiorito, a member of the board’s executive committee, as the new foundation board chair. Fiorito, an architect and real-estate developer, is president of Partnership Properties and board chair of the Downtown Committee of Syracuse, the foundation said in a release. He replaces

ConMed to pay dividend for second quarter of 2024 in early July
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica region, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the second quarter of this year. The dividend is payable on July 5, to all shareholders of record as of June 14. At the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.