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

Tessy Plastics to expand plant in Elbridge, add 50 jobs
ELBRIDGE, N.Y. — Tessy Plastics Corp. plans to expand one of its manufacturing facilities in Elbridge as part of a $20 million project in which

Usherwood doubles down on company’s growth
SYRACUSE — After doubling revenue over the past seven years, Usherwood Office Technology President Lou Usherwood plans to double it again in the next five years. The information technology service and solutions and managed print company expects that it generated $35 million in revenue in 2019. Usherwood predicts revenue will hit $70 million in the

Genius NY finalists to begin competition at the Tech Garden in January
SYRACUSE — The five finalists selected to take part in the fourth round of the Genius NY will move into the Tech Garden in Syracuse to begin the competition. Empire State Development (ESD) announced the five finalists on Dec. 11. Genius NY is a business accelerator program administered at CenterState CEO’s Tech Garden. Genius NY

Digital Hyve awarded $1 million in tax credits from ESD Excelsior Jobs program
SYRACUSE, N.Y. — Digital Hyve — a Syracuse–based digital-marketing agency that has grown rapidly since its founding in mid-2014 — announced it has received $1

Lockheed Martin to hold Jan. 9 recruitment event at Destiny USA
SYRACUSE, N.Y. — Lockheed Martin Corp. (NYSE: LMT) will hold a recruitment event for its Salina and Owego plants on Thursday, Jan. 9 in Syracuse.

Le Moyne College to use state REDC funding for plaza project
SYRACUSE, N.Y. — Le Moyne College will use a state grant of $485,000 for a project that will redevelop the Le Moyne Plaza. The state

Finger Lakes firm sold to Ohio company
DRESDEN, N.Y. — Abtex Corporation, a Yates County–based supplier of brush deburring systems and technologies to the manufacturing industry, announced it has been acquired by

Lockheed Martin awarded nearly $40 million radar contract for military sale to Iraq
SALINA, N.Y. — Lockheed Martin Rotary and Missions Systems has been awarded an almost $40 million long-range radar contract with work to be completed in

Tompkins County Area Development supports nearly $90 million in projects during 2019
ITHACA, N.Y. — Tompkins County Area Development (TCAD), the economic development organization for Ithaca and Tompkins County, says it supported $86.7 million in capital-investment projects

FuzeHub launches Build4Scale NY to help manufacturers take products to market, grow companies faster
ALBANY, N.Y. — FuzeHub has announced the launch of Build4Scale NY, a new program designed to help manufacturers take new products to market and “more
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.