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

Operation Oswego County annual meeting includes project review, local awards
OSWEGO, N.Y. — Operation Oswego County and the County of Oswego IDA (COIDA) in 2024 helped with projects that resulted in the creation or retention

Wolfspeed announces Chapter 11 bankruptcy plans
DURHAM, N.C. and MARCY, N.Y. — Wolfspeed, Inc. (NYSE: WOLF), which operates a facility in Marcy, announced plans to file for pre-packaged Chapter 11 bankruptcy

Brockway-Carpenter Real Estate formally opens new Utica office
UTICA, N.Y. — Brockway-Carpenter Real Estate is celebrating its new office at 288 Genesee Street with a ribbon-cutting ceremony on Thursday, June 26. The office is located on the second floor of the building. According to an announcement from the Greater Utica Chamber of Commerce, the formal opening event will take place from 4-6 p.m.

Hochul directs NYPA to develop a new upstate nuclear-power plant, location to be determined
LEWISTON, N.Y. — Gov. Kathy Hochul says she wants the New York Power Authority (NYPA) to develop and construct a zero-emission, advanced nuclear-power plant somewhere

Cornell University launching layoffs, citing “profound financial challenges”
ITHACA, N.Y. — Cornell University says it’s facing “profound financial challenges” and is taking several steps that will “reduce Cornell’s workforce,” something the university calls

Waverly man arrested for grand larceny
WAVERLY, N.Y. — The New York State Police at Owego announced they arrested a Waverly man on Wednesday, June 18 for allegedly stealing thousands of

Semikron Danfoss announces Marcy downsizing initiative
MARCY, N.Y. — Semikron Danfoss plans to ramp-down production at its facility in Marcy as part of a controlled scale-down over the remainder of the

Cayuga Milk Ingredients formally opens $270M expansion near Auburn
AURELIUS, N.Y. — Cayuga Milk Ingredients (CMI) on Wednesday formally opened its $270 million expansion following a two-phase project in the town of Aurelius in Cayuga County, near Auburn. The new facility will allow the company to more than double its workforce, adding up to 150 new jobs to the existing workforce of 100 employees,

Air Force’s Rome Lab generated nearly $600 million economic impact in latest fiscal year
ROME, N.Y. — The Air Force Research Laboratory Information Directorate in Rome had a $599 million economic impact on the Utica-Rome and Syracuse metropolitan statistical

Leaders celebrate completion of Munson Park
UTICA, N.Y. — The Downtown Revitalization Initiative (DRI) project to create a public park on underutilized land at Munson, located in the Oneida Square neighborhood,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.