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

Oneida County seeks proposals for housing study
UTICA, N.Y. — Oneida County is seeking a consultant to provide a housing-market inventory, assessment, and strategy report. The effort is part of Oneida County

Finalists chosen for seventh round of Genius NY program at Syracuse’s Tech Garden
SYRACUSE, N.Y. — Five teams will participate in the seventh round of the Genius NY business-accelerator program at the Tech Garden in Syracuse. Genius NY

Northeast Grocery promotes Tops president to parent company COO
SCHENECTADY, N.Y. — Northeast Grocery, Inc. (NGI) — the parent company of Price Chopper/Market 32 and Tops Friendly Markets — has appointed John Persons as

WCNY to use nearly $500K state grant for film industry workforce development
SYRACUSE, N.Y. — WCNY in Syracuse will use a state grant of nearly $500,000 for its new WCNY Entertainment Academy. The funding comes from the

Lowville police chief and sergeant arrested
LOWVILLE, N.Y. — Lowville’s police chief and a sergeant at the Lowville Police Department were arrested Wednesday, following an investigation by the New York State

Oneida County Tourism names new president
UTICA, N.Y. — The Oneida County Tourism board of directors has selected Sarah Foster Calero as the next president of the Convention and Visitors Bureau

Five Star Bank parent company to pay Q2 dividend in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the second-quarter dividend on July 3, to shareholders of record on June 15. At the banking

Lockheed Martin to pay Q3 dividend of $3 a share in late September
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept. 22, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields about 2.6 percent on an annual basis. Lockheed

Wolfspeed secures financing for expansion efforts
MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up to an additional $750 million, from an investment group led by Apollo (NYSE: APO). The financing supports Wolfspeed’s efforts to ramp up production and expand as it works toward a

Area hospitals hope for employee return with end of vaccine mandate
In the wake of news that the state will no longer enforce the COVID-19 vaccine mandate for health-care workers as it works to repeal it, hospitals and health systems in our region are hopeful the news means relief to the chronic worker shortages they face. Those shortages, present before the pandemic began, only worsened as
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.