Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin’s suburban Syracuse plant wins more than $73 million Navy order
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility just north of Syracuse has recently been awarded a $73.1 million contract order for the procurement of submarine-modernization kits, equipment, and installation. Work on the cost-plus-incentive-fee delivery order will be performed in the town of Salina and is expected to be completed by August 2025, according […]
Jefferson County hotel occupancy slips 5 percent in March
WATERTOWN, N.Y. — Jefferson County hotels registered fewer overnight guests in March, but two other indicators of business performance improved. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 5 percent to 45 percent in the third month of 2023 from March 2022, according to STR, a Tennessee–based hotel

United Way of CNY board elects eight directors, approves officer slate
SYRACUSE, N.Y. — United Way of Central New York’s board of directors has voted unanimously to add eight new directors and approve the slate of officers, the nonprofit announced on May 4. The eight new directors are Brian Butler, Bond, Schoeneck & King, PLLC; Marcelle Haddix, Syracuse University; Karina Hernandez, Eaton Crouse-Hinds; Courtney Merriman, Barclay

Syracuse University Press names director
SYRACUSE, N.Y. — Catherine Cocks was recently appointed director of Syracuse University Press, which is part of Syracuse University Libraries. Cocks was previously interim director of Michigan State University’s Press, where she also served as assistant director and editor-in-chief. She has more than 20 years of experience in academic publishing, having worked as senior acquisitions

Joint venture Paradise Galaxy buys Syracuse Nationals car show
CAMILLUS — The largest car show in the Northeast, which annually draws enthusiasts to the New York State Fairgrounds in mid-July, has a new owner. The Syracuse Nationals car show is now under the ownership of Paradise Galaxy LLC, a joint venture between locally owned businesses Paradise Companies and Galaxy Media Partners, has purchased the

N.Y. manufacturing index plunges back into negative territory
The benchmark index measuring manufacturing activity in New York state returned to negative territory in May. The Empire State Manufacturing Survey’s general business-conditions index plummeted 43 points in the fifth month of the year to -31.8 as business activity “declined significantly,” according to a May 15 report from the Federal Reserve Bank of New York.

Feldmeier moves forward with 3rd-generation leadership
DeWITT, N.Y. — The grandson of company founder Robert Feldmeier, Sr. and nephew of most recent president and CEO Robert Feldmeier is now leading the company. Feldmeier Equipment Inc. has announced the appointment of Colby Clark as its next president and CEO. Feldmeier Equipment is a DeWitt–based stainless-steel processing equipment manufacturer. Besides the CEO role,

Le Moyne looks ahead to competing in Division I Northeast Conference
SYRACUSE, N.Y. — Bob Beretta, athletic director at Le Moyne College, said the path to Division I and the Northeast Conference (NEC) has been “quite a journey.” It follows more than a decade of conversations, deliberations, and discussions regarding the “rightful divisional alignment” for Le Moyne’s intercollegiate athletics program. “By rising to Division I, we

Chatbots add new twist to cybercrimes
UTICA, N.Y. — It used to be that poor grammar and language made it a bit easier to spot phishing emails and avoid falling for them. Enter ChatGPT. Developed by OpenAI, ChatGPT is a large language model chatbot that predicts the next word in a series of words. In plain speak, it can “write” conversationally.

MV Chamber Alliance honors small businesses in Guglielmo’s memory
UTICA , N.Y.— Earlier this month, the Mohawk Valley Chamber Alliance celebrated the area’s small businesses and honored a longtime champion of those businesses with the presentation of the inaugural William K. Guglielmo Legacy Award. “He and I were the best of friends,” Raymond J. Durso, Jr., president and CEO of The Genesis Group says
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.