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Lockheed Martin to pay first-quarter dividend of $2.20 a share in late March
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2019 dividend of $2.20 per share. The dividend is payable on March 29, to holders of record as of the close of business on March 1. It’s the same amount that Lockheed paid for its fourth-quarter dividend, when it raised the […]
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The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2019 dividend of $2.20 per share.
The dividend is payable on March 29, to holders of record as of the close of business on March 1.
It’s the same amount that Lockheed paid for its fourth-quarter dividend, when it raised the payment from the $2 paid out in the third quarter. At Lockheed’s current stock price, the dividend yields more than 3 percent on an annual basis.
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs about 100,000 people worldwide. Locally, Lockheed Martin currently employs about 1,600 people at its Salina plant and 2,500 at its Owego facility.

2019 Leadership Tioga program kicks off
OWEGO — The Leadership Tioga program announced that it held the kick-off session for its 2019 class on Jan. 9 at the Belva Lockwood Inn in Owego. The Leadership Tioga Program, run by the Tioga County Chamber of Commerce, says it is “committed to inspiring and connecting participants to services in our community by promoting
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OWEGO — The Leadership Tioga program announced that it held the kick-off session for its 2019 class on Jan. 9 at the Belva Lockwood Inn in Owego.
The Leadership Tioga Program, run by the Tioga County Chamber of Commerce, says it is “committed to inspiring and connecting participants to services in our community by promoting personal growth, leadership development, networking, and skill building.” The organization hosts classes at various locations across the county to give participants the opportunity to learn more about what Tioga County has to offer. Speakers cover topics ranging from volunteerism, performance management, public safety, and human services.
At the Jan. 9 event, the class heard from speaker Robert Williams on the importance of community and volunteerism. Facilitator Jill Teeter introduced the class project for this year, which will include community service for a nonprofit organization in Tioga County. The class was provided with a comprehensive list of organizations, agencies, and groups in Tioga County from which to choose. Upon completion of their community service, they will be expected to give a class report on the details of their experience.
This year’s Leadership Tioga class has 21 attendees and includes a student from Owego Free Academy. “We are excited to have a student with us this year; I think it will bring a fresh new perspective and viewpoint to our discussions,” Teeter said in a news release. ν
Faxton-St. Luke’s, St. Elizabeth Medical Center foundations merge
UTICA, N.Y. — The Faxton-St. Luke’s Healthcare (FSLH) Foundation and the St. Elizabeth Medical Center (SEMC) Foundation have merged to become the Mohawk Valley Health System (MVHS) Foundation. The New York State Department of State on Dec. 31 accepted a certificate of incorporation to consolidate the fundraising activities of both organizations, MVHS said in a
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UTICA, N.Y. — The Faxton-St. Luke’s Healthcare (FSLH) Foundation and the St. Elizabeth Medical Center (SEMC) Foundation have merged to become the Mohawk Valley Health System (MVHS) Foundation.
The New York State Department of State on Dec. 31 accepted a certificate of incorporation to consolidate the fundraising activities of both organizations, MVHS said in a news release.
The change in status means the organization can standardize protocols, investments, and shared processes among the MVHS Foundation and will provide an “easier process” for donations. Donors will still be able to direct their gift within the organization, MVHS said.
“The merger of the fund-raising activities of the FSLH Foundation and SEMC Foundation will have tremendous benefits for the community and allow us to better contribute toward providing the best possible care to our patients and residents,” John Forbes, VP of philanthropy at MVHS, contended. “We couldn’t have reached this point without the generosity from our past donors and are eager to have the ability to expand the scope of funding we can provide and make it very easy for our donors moving forward.”
The mission of the MVHS Foundation is to raise money for MVHS to help it purchase equipment and expand and improve its health-care services.
“The merger of the foundations’ fund-raising activities will make it much easier [easier] to achieve our mission,” Terry Mielnicki, president of the MVHS Foundation board, said in the release. “Donors no longer have to choose between the two foundations when making a donation. However, they still have the option to direct gifts to a specific hospital, nursing home, affiliate, service or department. Additionally, they can now choose to support MVHS as a whole.”
Process history
In June 2016, following the 2014 affiliation of FSLH and SEMC to form MVHS, the two foundations began holding foundation board meetings together which allowed for both boards to share ideas and hear information simultaneously. In April 2017, the two foundation boards decided to create a mirror board, which enabled the FSLH Foundation and SEMC Foundation to “essentially operate as one board.”
Last September, the organizations submitted a letter to the New York State Public Health and Health Planning Council (PHHPC), requesting approval of a plan to merge the fundraising activities of the two foundations. In October, the PHHPC had approved the request. Following the approval, they filed a petition with the Oneida County Supreme Court seeking approval of the plan. In December, a Supreme Court judge granted the request. The filing of a restated certificate of incorporation with the New York Secretary of State made the changes official, MVHS said.
Contact Reinhardt at ereinhardt@cnybj.com

New Upstate Golisano Children’s Hospital leader to start March 4
SYRACUSE, N.Y. — A Rochester–area native will return to upstate New York for a leadership role at Upstate Golisano Children’s Hospital. Upstate Medical University has named Dr. Gregory Conners as the facility’s new executive director, effective March 4. Conners will also serve as chair of the medical school’s department of pediatrics, Upstate Medical said in
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SYRACUSE, N.Y. — A Rochester–area native will return to upstate New York for a leadership role at Upstate Golisano Children’s Hospital.
Upstate Medical University has named Dr. Gregory Conners as the facility’s new executive director, effective March 4. Conners will also serve as chair of the medical school’s department of pediatrics, Upstate Medical said in a news release.
He currently serves as associate chair of pediatrics at Children’s Mercy Hospitals & Clinic at the University of Missouri, Kansas City School of Medicine.
“I am pleased that Dr. Gregory Conners will be returning to upstate New York to lead our department of pediatrics and Upstate Golisano Children’s Hospital,” Dr. Julio Licinio, senior VP for academic health affairs and dean of the College of Medicine, said. “With the appointment of Dr. Conners, we are gaining an outstanding physician-scientist, collaborative leader and champion of quality.
Conners will succeed Dr. Ann Botash, who has served as interim chair of pediatrics since last May, Upstate Medical said. In addition to her faculty post, Botash is senior associate dean for faculty affairs and faculty development.
Conners joined Children’s Mercy in 2009 and served in roles that included director of the division of emergency medicine. He’s also been a professor, vice chair and associate chair of pediatrics, and medical director for emergency preparedness.
Under his leadership, the division has grown “considerably,” per the Upstate Medical release. The division now sees about 115,000 pediatric emergency visits per year in its Missouri and Kansas emergency departments. It also educates trainees and produces research, advocacy, and other scholarly products.
Besides his work at the University of Missouri, Conners has also held faculty and teaching positions at the University of Rochester and George Washington University.
Contact Reinhardt at ereinhardt@cnybj.com

OCC’s SRC Arena among the sites for The Basketball Tournament games this summer
ONONDAGA — SRC Arena and Events Center on the Onondaga Community College (OCC) will be among eight regional sites to host games in The Basketball Tournament (TBT) coming up this summer. Boeheim’s Army, a team of former Syracuse University men’s basketball players, will play its first three games in the local venue between July 26
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ONONDAGA — SRC Arena and Events Center on the Onondaga Community College (OCC) will be among eight regional sites to host games in The Basketball Tournament (TBT) coming up this summer.
Boeheim’s Army, a team of former Syracuse University men’s basketball players, will play its first three games in the local venue between July 26 and July 28, OCC said in a news release.
Game tickets will be available through the TBT website.
The Basketball Tournament is a $2 million summer event that ESPN televises. The TBT features 64 teams competing in a single-elimination, 5-on-5 tournament. The eight regional winners advance to championship weekend in Chicago beginning Aug. 1.
“Syracuse is a basketball city and we are honored to be chosen as a host site for the TBT Tournament,” OCC President Casey Crabill said. “The SRC Arena has established itself as one of the region’s premier facilities for intercollegiate and scholastic athletic competitions, graduation ceremonies, trade shows and countless community-focused events. We look forward to welcoming teams and fans into our air-conditioned arena to watch hotly contested basketball which has become a hallmark of the TBT Tournament.”
The SRC Arena and Events Center is a 60,000-square-foot recreational and athletic complex that includes a 6,500-seat performance arena (4,000 for basketball games). The venue opened in 2011.
For the first time in its six-year history, TBT is admitting eight “host” teams before opening its application period, “creating memorable, college-like atmospheres for home and visiting teams alike for rounds one through three,” TBT said.
Named after Syracuse basketball’s longtime head coach Jim Boeheim, the Orange alumni team will return to the court for the fifth straight summer, per the TBT website.
In the 2018 edition of the tournament, Boeheim’s Army advanced to the Round of 16 from an initial field of 72 teams. In 2017, the tournament had 64 teams and Boeheim’s Army made it all the way to the national semifinals.
A number of the teams competing in the TBT are composed mostly or exclusively of alumni of a particular school.
“One of the things we’ve tapped into is the passion college basketball fans have for their former players,” Jon Mugar, founder and CEO of TBT, said. “We’ve also found that visiting teams have had a blast playing in front of raucous crowds cheering against them. This year’s Regional hosts include some of college basketball’s most passionate fan bases.”
Joining OCC and the SRC Arena as regional sites are the cities of Columbus, Ohio; Greensboro, North Carolina; Lexington, Kentucky; Memphis, Tennessee; Richmond, Virginia; Salt Lake City, Utah; and Wichita, Kansas.

The Agency executive director McLaughlin to retire June 1
DICKINSON, N.Y. — The Agency on Friday said executive director Kevin McLaughlin plans to retire on June 1. The Agency is the lead economic-development organization

QPK Design names two new partners
Klucznik joined QPK Design in 1998 and became an associate partner in 2008. He plays a key role in the firm’s higher education and military/

Urban Outfitters to move Syracuse store from Armory Square to Destiny USA
SYRACUSE, N.Y. — Urban Outfitters is moving its Syracuse store to Destiny USA this summer. The Philadelphia, Pennsylvania–based lifestyle retailer currently operates at 223 Walton
Work Train Receives National Award to Advance Economic Opportunity
I’m excited to share that CenterState CEO’s Work Train initiative has been awarded $600,000 from the National Fund for Workforce Solutions to address economic mobility for low-wage workers. Work Train is one of four initiatives nationally to receive this award, made possible by the Ballmer Group. This three-year investment enables Work Train to help build
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I’m excited to share that CenterState CEO’s Work Train initiative has been awarded $600,000 from the National Fund for Workforce Solutions to address economic mobility for low-wage workers. Work Train is one of four initiatives nationally to receive this award, made possible by the Ballmer Group. This three-year investment enables Work Train to help build a stronger talent pool for employers in construction and tech-related industries by driving improved workforce-development policies, education and training, and employer practices, ultimately bringing more low-income individuals into the workforce.
With this investment, Work Train will partner with the city of Syracuse Mayor’s Office to build talent strategies for two mayoral initiatives: Syracuse Surge and Syracuse Build. With both initiatives, Work Train will conduct industry research to determine companies’ intermediate and long-term training needs. Beyond research, Work Train will support the city of Syracuse in convening business, community and workforce partners to ensure that talented Syracuse residents from marginalized communities are able to access the opportunities that come from the public investments related to Syracuse Surge and Syracuse Build.
Since 2014, Work Train has connected unemployed and underemployed individuals to career opportunities, while helping companies grow strong workforces. Its impact is notable, with 864 participants to date and a job-placement rate of 80 percent. Furthermore, the program reaches some of the most vulnerable in our community — 206 participants have a criminal conviction record, and 247 do not possess a high-school diploma or the equivalent. Through Work Train’s job training and placement efforts, and with a broad range of social-service partners delivering much-needed supports to these individuals, 76 percent of participants who started in our program while receiving Temporary Assistance for Needy Families from the government were able to get off this public assistance.
Work Train is led by CenterState CEO and supported by a regional funder collaborative, which includes the United Way of Central New York, Allyn Foundation, CNY Community Foundation, Reissman Foundation, Gifford Foundation, the City of Syracuse, and Onondaga County. To learn more about Work Train, contact Karen Kaplan, director of Work Train, at (315) 470-1828 or email: kkaplan@centerstateceo.com. To learn more about the National Fund for Workforce Solutions, visit https://nationalfund.org.
Robert M. (Rob) Simpson is president and CEO of CenterState CEO, the primary economic-development organization for Central New York. This viewpoint is drawn and edited from the “CEO Focus” email newsletter that the organization sent to members on Jan. 24.
Executive Budget Fails to Address Upstate Concerns
In an attempt to get ahead of the New York Legislature, on Jan. 15, Gov. Andrew Cuomo gave his annual budget address. He laid out what most would consider a very liberal agenda. Sadly, there was nothing in his address that offers relief to the overtaxed citizens of upstate New York or to stem the
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In an attempt to get ahead of the New York Legislature, on Jan. 15, Gov. Andrew Cuomo gave his annual budget address. He laid out what most would consider a very liberal agenda. Sadly, there was nothing in his address that offers relief to the overtaxed citizens of upstate New York or to stem the continued outward migration of people from New York state. In fact, some of Cuomo’s proposal will exacerbate the problems we face in New York.
For reasons that are unclear, in his $175 billion budget proposal, the governor proposes to cut $59 million in Aid and Incentives to Municipalities known as AIM funding. Our local governments are already hamstrung by mandates coming out of Albany and to propose cutting their state funding seems vindictive more than anything else.
Municipalities have already set their 2019 budgets so how they will make up for the loss of aid is unclear. Further, even if their budgets had not been completed it hardly seems like a positive solution for them to go back to our already overburdened property tax payers for more revenue. It will be imperative for the state legislature to reject these cuts and at the very least provide funding for AIM at last year’s levels.
Gov. Cuomo is also proposing to eliminate “Extreme Winter Recovery” funding that last year provided $65 million in funding for our communities to help with the cost of dealing with harsh winter-weather conditions. One of the challenges we have Upstate compared to Downstate or compared to municipalities in warmer climates is the cost of snow plowing, snow removal, and road maintenance due to cold, snowy weather. I was pleased last year when the governor and the legislature recognized these additional costs and provided funding to help municipalities deal with the expense. Unfortunately, winter is not going away and these expenses will be here again this year.
It was also disappointing that the governor included no increase in community college aid. We are fortunate to have Cayuga Community College, Onondaga Community College, and Jefferson Community College in our area, which financially relies on state and local support. By keeping the funding at last year’s level, this will presumably increase the cost on our counties and the students that attend. Additionally, in his higher education budget proposal Gov. Cuomo allocates $27 million to fund the newly enacted Dream Act. Under the Dream Act, the state will provide financial aid to undocumented-immigrant students. The priorities here are troubling, especially considering the hardship that many families face in sending their children to college.
Without a doubt this will be a challenging year and conceivably a difficult budget cycle. Nevertheless, as ranking member on the Ways and Means Committee, during the budget hearings and the process going forward, my focus will remain on what we can do to lower taxes, improve the business climate, and provide the necessary support to assist our local communities and schools.
William (Will) A. Barclay is the Republican representative of the 120th New York Assembly District, which encompasses most of Oswego County, including the cities of Oswego and Fulton, as well as the town of Lysander in Onondaga County and town of Ellisburg in Jefferson County. Contact him at barclaw@assembly.state.ny.us or (315) 598-5185.
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