Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
New York manufacturers remain pessimitic about the future
That’s despite improvement in new orders, shipments Even with improvements in new orders and shipments, respondents to a monthly measure of New York’s manufacturing sector remain pessimistic about the future. As for current conditions, the general business conditions index of the Empire State Manufacturing Survey dipped to -9.2 in May, declining for a third consecutive […]
Raymond opens advanced energy test facility near Rochester
HENRIETTA — The Raymond Corporation formally opened its new advanced energy storage solutions development, prototyping, and test center in the town of Henrietta in Monroe County on May 19, the company and Empire State Development (ESD) announced. Raymond, which already has more than 2,500 workers across its New York facilities, will create up to 40
SRC deploys surveillance radars to southern border to support USCBP program
CICERO, N.Y. — SRC, Inc. says it has formed a partnership with Benchmark Electronics, Inc. (NYSE: BHE) to upgrade previously deployed mobile video surveillance systems (MVSS) along the southwest U.S. border with Mexico. The effort is part of U.S. Customs and Border Protection’s Border (USCBP) Surveillance Systems program, SRC said. Benchmark has already begun integrating
Syracuse airport to hold final master-plan update open house
SYRACUSE, N.Y. — The Syracuse Regional Airport Authority (SRAA) will hold its final master-plan update open house on Wednesday afternoon, May 21. The event is
ConMed announces executive changes
ConMed Corp. (NYSE: CNMD), a surgical-device maker originally headquartered in the Utica region, recently announced some executive changes. On April 1, the company appointed Andrew Moller, 50, as principal accounting officer, according to ConMed’s Form 8-K filing with the U.S. Securities & Exchange Commission. This came after Moller had on Jan. 27 started serving in
Lockheed Martin to pay quarterly dividend of $3.30 per share in late June
Lockheed Martin Corp. (NYSE: LMT) recently announced that its board of directors has authorized a second-quarter, 2025 dividend of $3.30 a share. The defense contractor will pay the dividend on June 27, to holders of record as of the close of business on June 2. At Lockheed’s current stock price, the dividend yields about 2.8
Anheuser-Busch to spend $300M on its facilities nationwide in Brewing Futures initiative
Anheuser-Busch (NYSE: BUD) says it intends to spend $300 million on its manufacturing operations nationwide. The St. Louis, Missouri–based company — which operates a plant on Route 31 in the town of Lysander — is calling the investment its Brewing Futures initiative. The announcement didn’t provide any specifics on what improvements it plans to make
New York manufacturing index falls for a third straight month in May
The Empire State Manufacturing Survey general business conditions index dipped to -9.2 in May, declining for a third consecutive month. In the past few months,
Crews complete new flyover ramp in the town of Cicero, part of ongoing I-81 project
CICERO, N.Y. — Construction crews have completed work on the new $18 million flyover ramp that passes over the mainline of Interstate 81 (I-81) and
FuzeHub awards grants to Cornell, Clarkson, AMT partnerships
ALBANY, N.Y. — FuzeHub has awarded grant funding to collaborative projects involving Cornell University, Clarkson University, and Alliance for Manufacturing & Technology. They’re among six
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.