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

Empire State Manufacturing Survey index is back in positive territory
Firms responding to October’s Empire State Manufacturing Survey exhibited optimism that points to expansion in the state’s manufacturing industry. The survey’s general-business conditions index climbed more than 19 points to 10.7 in October, representing its third positive reading in the past four months. The index had dropped 21 points to -8.7 in September, its first […]

Lockheed Martin produces higher profit, sales in Q3
Lockheed Martin Corp. (NYSE: LMT) generated a third-quarter profit of $1.6 billion, or $6.95 per share, compared to $1.6 billion, or $6.80 a share, during the same quarter in 2024. That’s according to the earnings report it issued on Oct. 21. The company’s profit result beat the consensus analyst’s estimate of $6.33 per share, according

State breaks ground on Principle Hotel in downtown Norwich, as part of DRI projects
NORWICH, N.Y. — Officials in Norwich held a Thursday, Oct. 23 groundbreaking for the upcoming Principle Hotel, an $8.3 million boutique hotel as part of

Indium Corp. accepting applications for its DIY internship program
CLINTON, N.Y. — Indium Corporation is now accepting applications for its 2026 internship program, which will be a do-it-yourself (DIY) format. It allows students to

Alcoa, NYPA ink new power-supply contract in Massena, supporting 500 jobs
MASSENA, N.Y. — Alcoa Corp. (NYSE: AA) and the New York Power Authority (NYPA) have signed a new power-supply contract for Alcoa’s Massena smelting-plant operations

NYSDOT to spend $600 million on road paving in 2026
ALBANY, N.Y. — The New York State Department of Transportation (NYSDOT) will spend more than $600 million on over 180 paving projects statewide that are set for completion in 2026. That includes $25.3 million for eight projects in Central New York, $37.6 million for 15 projects in the Mohawk Valley, $59.6 million for 18 projects

Lockheed Martin Q3 profit edges up, sales rise
Lockheed Martin Corp. (NYSE: LMT) on Tuesday reported third quarter net earnings of $1.6 billion, or $6.95 per share, compared to $1.6 billion, or $6.80

Bassett Research Institute awarded multimillion dollar NIH grant
COOPERSTOWN, N.Y. — The Bassett Research Institute’s Center for Rural Community Health recently received approval for a multi-year grant to study improving rural access to

Syracuse University’s Whitman School to offer new master’s degree in real estate
SYRACUSE, N.Y. — The Martin J. Whitman School of Management at Syracuse University (SU) is now offering a master’s degree in real estate, with the

Le Moyne extends LeMura’s contract as president through June 2028
SYRACUSE, N.Y. — Linda LeMura, president of Le Moyne College in Syracuse, will continue leading the school through June 30, 2028. The Le Moyne College
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.