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

CNY Labor Council elects DeRiso as president
UTICA, N.Y. — The Central New York (CNY) Labor Council announced it recently elected its first female president in more than 150 years, Samantha DeRiso.

People news: Rome Memorial Hospital names Sovey new corporate compliance officer
ROME, N.Y. — Rome Memorial Hospital announced it has appointed Darlene Sovey as its new corporate compliance officer. She comes to Rome Memorial from Central
Chenango County tax preparer faces 8 years for false returns
BINGHAMTON, N.Y. — Lavyette Anna Louisa Garcia has admitted to filing false tax returns for paid clients, costing the IRS nearly $1 million, according to
New York home sales decline in February, CNY numbers mixed
ALBANY, N.Y. — New York realtors sold more than 7,300 previously owned homes in February, down 6.2 percent from the more than 7,800 homes sold

Salina firm asks for tax breaks for expansion; hearing is Thursday
SALINA, N.Y. — A Salina company’s request for tax breaks to expand will be the subject of a public hearing on 10 a.m. Thursday at

Visions promotes Schroeder to SVP, chief information and innovation officer
ENDICOTT, N.Y. — Visions Federal Credit Union announced it has promoted Cynthia A. Schroeder to senior VP/chief information & innovation officer. Schroeder has been working

Lockheed Martin completes acceptance test of first TPS-77 MRR system deleivered to Latvia
SALINA — Lockheed Martin (NYSE: LMT) announced that it recently completed a successful site acceptance test of a TPS-77 Multi-Role Radar (TPS-77 MRR), produced at its Salina plant and delivered to the nation of Latvia. This marks an on-time delivery of the first of three radars to the Ministry of Defense of the Latvia as
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SALINA — Lockheed Martin (NYSE: LMT) announced that it recently completed a successful site acceptance test of a TPS-77 Multi-Role Radar (TPS-77 MRR), produced at its Salina plant and delivered to the nation of Latvia.
This marks an on-time delivery of the first of three radars to the Ministry of Defense of the Latvia as that Baltic region country seeks to strengthen its national defense.
The Latvian Air Force uses the TPS-77 MRR for airspace defense by increasing its low-level flight surveillance and identification capabilities, “leading to enhanced early warning and situation awareness that allows its armed forces to make more informed and efficient decisions in response to modern day threats,” Lockheed Martin said in a news release.
“This milestone is the most recent event in a 16-year partnership of radar development and training between Latvia and Lockheed Martin, including the 2015 contract for three TPS-77 MRRs,” the defense contractor added.
The financial terms of the contracts were not disclosed.
“Acquisition of the TPS-77 MRR is a huge investment in the strengthening of combat capabilities of the National Armed Forces, enabling the Latvian army to address current security challenges with appropriate response tools. Surveillance, especially low-level flight surveillance and identification is a vital part of Latvian airspace surveillance capabilities. New MRR technology is compatible with other types of radars used by other countries,” Latvia’s Minister for Defence, Raimonds Bergmanis, said in the Lockheed release.
The TPS-77 MRR is the latest version in Lockheed Martin’s product line of surveillance radars. Its multi-role single scan technology allows operators to select multiple missions for the radar at a single time, such as long range or medium range low-level flight surveillance. As the radar rotates through each 360-degree scan, the system automatically adjusts to the selected mission. Changes can be easily made if the system is moved or mission is changed, according to the company.
Latvia’s version of this radar can be truck mounted for operation at remote sites or dismounted for use at fixed sites.
As part of the TPS-77 MRR program, Lockheed Martin said it has worked with local Latvian industry for procurement and production.
ConMed to hold annual meeting on May 23
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD) recently announced that it will hold its 2018 annual meeting of shareholders on May 23 at its corporate offices at 525 French Road in Utica. The medical-device maker will start the meeting at 2 p.m. Shareholders of record at the close of business on April 5 will be
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD) recently announced that it will hold its 2018 annual meeting of shareholders on May 23 at its corporate offices at 525 French Road in Utica.
The medical-device maker will start the meeting at 2 p.m. Shareholders of record at the close of business on April 5 will be entitled to vote at the annual meeting.
ConMed says it’s a medical technology company that provides surgical devices and equipment for minimally invasive procedures. The firm’s products are used by surgeons and physicians in specialties including orthopedics, general surgery, gynecology, neurosurgery, and gastroenterology. ConMed has a direct selling presence in 17 countries, and international sales make up about half of its total sales. The company employs about 3,100 people globally.

Watkins Glen International lands Ferrari Challenge
WATKINS GLEN, N.Y. — For the first time since 2014, the Ferrari Challenge will race at Watkins Glen International. The race weekend, set for July 27-29, will host spec versions of the Ferrari 488 Challenge and 458 Challenge EVO. The FIA-approved Ferrari Challenge has been around since 1993. It is raced on three continents, with
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
WATKINS GLEN, N.Y. — For the first time since 2014, the Ferrari Challenge will race at Watkins Glen International.
The race weekend, set for July 27-29, will host spec versions of the Ferrari 488 Challenge and 458 Challenge EVO.
The FIA-approved Ferrari Challenge has been around since 1993. It is raced on three continents, with a world final held at Italy’s Monza course in November.
Landing the race — one of six scheduled for North America this year — involved networking, phone calls, and building relationships, says Watkins Glen President Michael Printup.
He explained that running a race track is sort of like being in the movie business. “We’re the movie theater. We rent the movies from Hollywood and sell the tickets.”
To stay in contact with the race series that can make use of Watkins Glen’s 3.4-mile road course, Printup and others from the organization attend major auto events. Those include the New York International Auto Show, the North American International Auto Show in Detroit, SEMA in Las Vegas, and the Los Angeles Auto Show, as well as some races.
Scheduling is usually focused on two years out, he says. On a late winter day, he explains that work right now is focused on finalizing the 2019 schedule and lining up racing for 2020.
Along with meeting the sanctioning bodies in charge of race series, Printup spends time meeting with those interested in promoting their products or making use of the track in other ways. The marketing efforts have created about 150 “partnerships,” he explains, including local businesses from Central and Western New York.
In addition, he says car makers are sometimes interested in using the course to test cars.
Each year, the track attracts tens of thousands of spectators, Printup says, including 160,000 to 165,000 during the NASCAR race weekend in the summer. It’s a major driver of the economy in the area, he adds, with 3,000 employees at the height of the racing season and about 40 who work fulltime year-round.
Printup estimates that Watkins Glen International generates an economic impact of about $230 million annually. That includes spending at the track as well as people visiting the area’s restaurants, hotels, and other attractions while they are in the area. “We’re a big tourist destination,” he says.
Watkins Glen International is part of publicly traded International Speedway Corporation (NASDAQ: ISCA). The Florida–headquartered company owns NASCAR and IndyCar racing, as well as 13 tracks — of which Watkins Glen is the only road course. Other tracks include Talladega Superspeedway, Daytona International Speedway, and Michigan International Speedway.
In 2017, International Speedway generated revenue of $671.4 million, up $10.4 million from 2016. Separate revenue figures for Watkins Glen were not available.
Printup says this year’s season starts April 14 and 15 with a charity event, the opportunity to drive your personal car around the track. Motorists can pay $25 for three laps around the course.
For the opening weekend, proceeds from the $25 track fees will go to pay for a $50,000 standing wheelchair for a 17-year-old race fan from Boonville who has cerebral palsy. The chair, Printup says, will allow the student to stand up at his high-school graduation.
The track is available for personal car use, at $25 for three laps, most every day of the season, Printup says. “We get hundreds of cars a week.”
Cars on the track follow a pace car that travels at near-highway speeds. “We pace everybody,” Printup says of the drivers who take their personal cars around the course. And everybody really does mean everybody. He says the open track days attract every type of vehicle, including minivans, family sedans and, a couple of times, those mini buses that senior-citizen communities use to transport residents.
While most anyone can drive the track, Printup stresses that the Ferrari Challenge is not open to people whose only qualification is that they own a Ferrari.
While there are several categories for winners, including the “Gentlemen Cup,” for drivers over 55, every car must be race prepped and every driver has to be credentialed. “They have to be race qualified,” he says. “This is the Majors, not Little League baseball.”
New York Sea Grant, DEC announce $200K for Great Lakes basin projects
ITHACA — The New York Sea Grant program and New York State Department of Environmental Conservation (DEC) on March 6 announced $200,000 is available for Great Lakes ecosystem-based management projects. The funding is available through the New York’s Great Lakes Basin small-grants program, which New York Sea Grant administers in partnership with the DEC. Up
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
ITHACA — The New York Sea Grant program and New York State Department of Environmental Conservation (DEC) on March 6 announced $200,000 is available for Great Lakes ecosystem-based management projects.
The funding is available through the New York’s Great Lakes Basin small-grants program, which New York Sea Grant administers in partnership with the DEC.
Up to $25,000 is available for each project, according to a March 6 news release.
“These grants support eco-based recreation and tourism projects and reinforce Gov. Cuomo’s statewide efforts to connect more New Yorkers with the outdoors,” DEC Commissioner Basil Seggos said in the release. “Not only do these grants protect our environment, they support recreation and tourism, major drivers of New York’s Great Lakes basin economy.”
Application instructions are online at www.nyseagrant.org. Applicants must submit proposals by 4:30 p.m. on May 1. For more information, contact New York Sea Grant at (315) 312-3042.
New York Sea Grant, a cooperative program of Cornell University and the SUNY system, is one of 33 university-based programs under the National Oceanic and Atmospheric Administration’s National Sea Grant College Program.
Since 1971, New York Sea Grant has “promoted coastal vitality, environmental sustainability, and citizen awareness about the state’s marine and Great Lakes resources,” the release stated. New York Sea Grant maintains Great Lakes offices in Oswego, Buffalo, and Newark.
Eligible projects
Proposed projects must use a complete ecosystem-based approach rather than a single issue or single species focus, incorporate stakeholder participation, and address “key priorities” in the New York Great Lakes Action agenda, per the release.
Those priorities include “enhancing community resiliency and ecosystem integrity” through restoration, protection, and improved resource management; and “enhancing” recreation and tourism opportunities that capitalize on the rivers and lakes, “scenic beauty, and natural and cultural resources that define the character of the Great Lakes-St. Lawrence region.”
Eligible projects may include planning, design, implementation, information management tool development, demonstration projects, and targeted educational outreach.
Those eligible to apply include nonprofit organizations; county and local government or public agencies; municipalities; regional planning and environmental commissions; and educational institutions, including public and private K-12 schools, colleges, and universities.
“These small grants create opportunities for stakeholders to build upon the unique natural strengths of their communities to enhance environmental quality, resiliency, and the economic benefits intrinsically tied to New York’s Great Lakes coastal resources,” Katherine Bunting-Howarth, associate director of New York Sea Grant and assistant director of Cornell University Cooperative Extension, said.
New York’s Great Lakes Basin small-grants program is funded through the New York State Environmental Protection Fund and article 14 of Environmental Conservation Law, per the release.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.