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

Owego seeks Downtown Revitalization Initiative project proposals
OWEGO, N.Y. — The Tioga County Industrial Development Agency (TCIDA) announced it is accepting requests for proposals (RFP) from property owners within the village of Owego’s Downtown Revitalization Initiative (DRI) boundary for its multi-site projects fund. Property owners are encouraged to submit project proposals that support façade revitalization or business development. New York State awarded […]
Lockheed Martin’s Salina plant awarded $19M Navy contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in suburban Syracuse has won a $19 million adjustment to a previously awarded contract from the U.S. Navy. The cost-plus-incentive-fee modification is to a previously awarded delivery order under a contract for design and qualification testing of submarine electronic-warfare equipment, according to a Feb. 13 contract

NYSDOT appoints new I-81 project leader after Frechette retirement
SYRACUSE — The state’s effort on the Interstate 81 (I-81) viaduct-replacement project has a new leader following the retirement of the man who has overseen the work for the last decade. Elizabeth (Betsy) Parmley joined the I-81 project team in 2021 as a project manager. She worked with the now-retired Mark Frechette on the project

MVHS, Utica partner on plan for St. Elizabeth campus
UTICA, N.Y. — The Mohawk Valley Health System (MVHS) and the City of Utica are working together to develop a master re-use plan for the campus of St. Elizabeth Medical Center. Utica, through its Industrial Development Agency (IDA), and MVHS have agreed to share the cost of hiring a consultant team, a per a Jan.

Food Bank of Southern Tier leader leaving for WSKG CEO post
ELMIRA, N.Y. — The president and CEO of the Food Bank of the Southern Tier plans to step down March 17 to move to a new job. Natasha Thompson will become the new president and CEO of WSKG, the PBS (Public Broadcasting Service) and NPR (National Public Radio) member station in Binghamton. The Food Bank
Berkshire Bank’s parent company to pay dividend of 18 cents a share in early March
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a major presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend will be payable on March 2, to shareholders of record as

New CEO of St. Joseph’s Health /SPHP begins duties
SYRACUSE — He had been serving as COO for the merged entity of St. Joseph’s Health of Syracuse and St. Peter’s Health Partners (SPHP) of Albany since last June. With the start of 2023, Dr. Steven Hanks became president and CEO of the regional health organization. Both St. Joseph’s Health and SPHP are part of

NBT Bank to move CNY regional HQ to The Post later this year
SYRACUSE, N.Y. — NBT Bank says it is planning to move its Central New York regional headquarters to The Post building later this year. The Post is the rebranded name of the building that was formerly home to The Post-Standard newspaper, which VIP Development Associates, the development arm of VIP Structures, is renovating into its

NUAIR’s Stewart reelected president of the Commercial Drone Alliance
Ken Stewart, president and CEO of NUAIR, will also continue serving as president of the nonprofit Commercial Drone Alliance (CDA). NUAIR (Northeast UAS Airspace Integration Research Alliance Inc.) is a Syracuse–based nonprofit that provides expertise in uncrewed-aircraft systems (UAS). NUAIR manages New York’s 50-mile UAS corridor between Syracuse and Griffiss International Airport in Rome. A UAS

Four CNY localities to prep projects for DRI, NY Forward
HOMER, N.Y. — The Village of Homer in Cortland County, Village of Moravia in Cayuga County, Village of Phoenix in Oswego County, and Village of Hamilton in Madison County are preparing to organize plans for spending state funding to improve their communities. New York State has awarded Homer $10 million as the Central New York
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.