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

Work begins on Southern Tier High Technology Incubator
BINGHAMTON — The design phase is under way on the Southern Tier High Technology Incubator, which the state describes as a “major” economic-development project in downtown Binghamton. Binghamton University broke ground on the project on Oct. 2. The incubator seeks to be an “entrepreneurial ecosystem for emerging high-technology companies” and should help create more than […]
New equipment, new contracts fuel growth at Bo-Mer Plastics
AUBURN — After a year filled with new equipment and new contracts, Bo-Mer Plastics, LLC is set to end 2014 on a strong note and keep that momentum going strong in 2015, its leader says. That momentum has actually been building since October 2001, says Thomas Herbert, company president. That’s when he purchased the Auburn–based

Seneca lists HQ building for sale at $2 million following acquisition by Colorado company
CICERO, N.Y. — Seneca Data Distributors, Inc., a Cicero–based custom computer manufacturer employing 150 people, is trying to sell its headquarters building for $2 million.
Harmony Financial offers workshop on avoiding identity theft
OSWEGO, N.Y. — Harmony Financial Services, an Oswego–based financial-planning firm, will offer a workshop next Tuesday (Oct. 21) on identity theft and what people can

Lockheed Martin inks agreement with waste-to-energy firm
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) has signed a manufacturing agreement with Concord Blue Energy, Inc. to provide all manufacturing support for the
Finger Lakes Technologies enters the Binghamton market
ENDICOTT, N.Y. — Finger Lakes Technologies Group, Inc. (FLTG) has entered the greater Binghamton market with a new office in Endicott. The new location employs

Saab Defense is part of winning bid for radar contract Lockheed had sought
DeWITT — A newly awarded U.S. Air Force (USAF) contract should add to the workforce of one suburban Syracuse defense contractor while another plans changes to its local facilities, but says its operations won’t be affected. The sensor systems business unit of Saab Defense and Security USA, LLC of DeWitt, will serve as the main

MedTech develops scholarship program
SYRACUSE — A new scholarship program introduced in September by MedTech will help students obtain hands-on experience with medical products as it also works to create a pipeline of talent for Central New York’s medical-device makers. The scholarship, a $3,750 matching grant, will benefit students participating in Engineering World Health’s (EWH) Summer Institute, where students
Cornell alum takes helm as new CEO of eCornell
ITHACA, N.Y. — eCornell, Cornell University’s wholly-owned online-education company, has a new CEO. Paul Krause, a 1991 graduate of Cornell, began his new duties on

SRC forms new subsidiary, adjusts leadership in company division
CICERO, N.Y. — SRC, Inc. has announced the formation of Gryphon Sensors, LLC, a for-profit venture and wholly owned subsidiary, to develop sensors and systems
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.