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

Schumer asks Congress to extend Medicare telehealth service
HAMILTON, N.Y. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) is urging lawmakers to extend Medicare’s telehealth program, which could expire at the end of

The U.S. Small Business Administration (SBA) is encouraging shoppers across New York state and the nation to think of local businesses during this weekend’s Small

VESTAL, N.Y. — Binghamton University says it is a key partner in a new federally funded institute that’s focused on the use of “digital twins” to improve domestic semiconductor design and manufacturing. The U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corp. (SRC) recently announced that they’re negotiating for the department to

Broome County IDA launches tech park survey
BINGHAMTON, N.Y. — The Broome County Industrial Development Agency (BCIDA) has launched an online community survey on the proposed Broome Technology Park in the towns

Lockheed’s Salina plant wins nearly $9M Navy contract modification
SALINA — The Lockheed Martin Corp. (NYSE: LMT) facility in suburban Syracuse has recently been awarded an $8.66 million modification to a previously awarded contract from the U.S. Navy to exercise options for Navy equipment. Work will be performed in Lockheed Martin’s plant in the town of Salina (70 percent), and Oldsmar, Florida (30 percent),
VIEWPOINT: Revamping Your Cybersecurity Policies & Procedures
Tips and Tricks As each year passes and technology advances, businesses face an increasingly difficult task to maintain adequate security measures to protect their organizations’ assets and data. With this in mind, it is important to review your cybersecurity policies and procedures at least annually to ensure they are up to date and reflect advancements

Wolfspeed ousts CEO after lackluster earnings
Wolfspeed Inc. (NYSE: WOLF) is changing things up — starting at the top — after a disappointing first quarter for fiscal year 2025. Less than two weeks after its first earnings report for the year, which revealed a net loss of $282.2 million, the chipmaker announced on Nov. 18 that it would be parting ways

CABVI breaks ground on $24.5 million renovation project
UTICA — The Central Association for the Blind and Visually Impaired (CABVI) recently broke ground on a $24.5 million project to renovate its Utica headquarters at 507 Kent St. Work will enhance both CABVI’s call center, as well as its manufacturing operations. The project is the final one in a three-part, 10-year plan for expansion

Port of Oswego to build warehouse for chip, advanced- manufacturing industries
OSWEGO — A new climate-controlled warehouse to help serve the region’s semiconductor, renewable energy, and advanced-manufacturing industries is coming to the Port of Oswego. It will use more than $11 million in federal funding to build the facility. The money will help replace a decades-old, damaged warehouse with the Great Lakes’ first climate-controlled warehouse at

Broome Tech Park development plans continue
The Broome County Industrial Development Agency (The Agency) is hoping to create opportunity in the Southern Tier with the development of up to 600 acres
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.