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Syracuse University plans to build new hotel across from University Ave. parking garage
SYRACUSE, N.Y. — Syracuse University (SU) on Tuesday said it plans to build a new full-service, 200-room hotel at the corner of University Avenue and

Syracuse Mets to be sold, will stay in Syracuse as New York Mets Triple-A affiliate
SYRACUSE, N.Y. — The Syracuse Mets, the Triple-A affiliate of the New York Mets, will soon be under new ownership, but the team is staying

Micron, federal government finalize $6.1 billion CHIPS agreement for Clay semiconductor campus
CLAY, N.Y. — Micron Technology Inc, (NASDAQ: MU) and the U.S. Department of Commerce have finalized its CHIPS agreement for up to $6.1 billion in direct funding through the bipartisan CHIPS & Science Law. The funding will support Micron’s planned public-private investment of more than $100 billion over the next two decades, representing the largest
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CLAY, N.Y. — Micron Technology Inc, (NASDAQ: MU) and the U.S. Department of Commerce have finalized its CHIPS agreement for up to $6.1 billion in direct funding through the bipartisan CHIPS & Science Law.
The funding will support Micron’s planned public-private investment of more than $100 billion over the next two decades, representing the largest private investment in New York’s history, the office of U.S. Senate Majority Leader Charles Schumer (D–N.Y.) said in its Tuesday morning announcement.
The money will also support the firm’s expansion at its headquarters in Boise, Idaho.
The finalized agreement for federal CHIPS incentives will support the construction of Micron’s first two fabs in Clay and an expansion in Idaho to help meet the “soaring demand” for the chips Micron makes, Schumer’s office said. The U.S. Department of Commerce will disburse funds in the coming years as Micron meets project milestones agreed to in the final award.
“Micron’s CHIPS funding is locked for Upstate NY. $6.1 billion from my bipartisan CHIPS & Science Law is now secured for Micron to build its new, state-of-the-art complex of memory chip fabs in Central NY and Idaho. A historic day and historic agreement for Upstate NY and America. This final award locks in the federal investment Micron needs for shovels to be able to hit the ground and create thousands of good-paying jobs here in Upstate NY,” Schumer said in the announcement. “Without my bipartisan CHIPS & Science Law none of this would be happening and America would be over reliant on semiconductors from overseas. The memory chips Micron makes are the bedrock of America’s future, from AI [artificial intelligence] to EVs [electric vehicles] to smartphones, as well as our most sensitive defense technology. The signed CHIPS award is the start of a new chapter for Central NY and America.”
Gov. Kathy Hochul, Onondaga County Executive Ryan McMahon, and Syracuse Mayor Ben Walsh all released statements applauding the funding agreement’s signing.
Besides the semiconductor campus in the town of Clay, Micron also plans to operate office space at One Lincoln Center at 110 W. Fayette St. in downtown Syracuse with its logo on the upper portion of the downtown office building.

2024 Family Business Awards Event Photos
Photos from the 2024 Family Business Awards event held on December 5, 2024 at SkyArmory. Congratulations 2024 Honorees!

Crucible Industries warns 158 employees the Geddes plant could close in a few months
GEDDES, N.Y. — Crucible Industries, LLC is warning its 158 employees that the Geddes plant could close in a few months, saying the reason for

JetBlue Airways extending daily, nonstop flights from Syracuse airport to Orlando
SYRACUSE, N.Y. — The Syracuse Regional Airport Authority (SRAA) and JetBlue Airways (NASDAQ: JBLU) on Monday announced the extension of the airline’s twice-daily, nonstop flights

Fourteen small-business owners complete SBA THRIVE program
SYRACUSE, N.Y. — A group of 14 small-business owners from across upstate New York on Friday completed the SBA’s THRIVE program. THRIVE is a redesigned version of the SBA’s annual Emerging Leaders program, an entrepreneurship-development program that helps small businesses grow and expand, the Upstate New York district of the U.S. Small Business Administration (SBA)
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SYRACUSE, N.Y. — A group of 14 small-business owners from across upstate New York on Friday completed the SBA’s THRIVE program.
THRIVE is a redesigned version of the SBA’s annual Emerging Leaders program, an entrepreneurship-development program that helps small businesses grow and expand, the Upstate New York district of the U.S. Small Business Administration (SBA) said in its announcement.
The T.H.R.I.V.E. program stands for train, hope, rise, innovate, venture, and elevate. It provides participants with a curriculum that includes mentoring, in-person coaching, and self-paced instruction. The hybrid model combines virtual and classroom sessions, “ensuring flexibility and accessibility for busy business owners,” the SBA said.
“The Upstate SBA team is proud to celebrate the graduation of another successful THRIVE cohort,” Dan Rickman, director of the SBA Syracuse-Upstate New York district, said in the agency’s announcement. “With two thirds of net new jobs being created by small businesses over the last several years, it’s clearly critical to support the growth of our small businesses in order to sustain a healthy local economy. This amazing group of small business leaders have spent the last 6 months working together to develop strategies and skills to grow their businesses, and they’ve already started achieving some of their goals, such as hiring more employees, expanding into new markets, and building strong foundations for continued success.”
THRIVE also seeks to help small businesses develop and execute strategic growth plans.
Participants worked over a six-month period from late June to December. These business owners were involved in an interactive curriculum; received coaching from experienced business experts; and developed a three-year strategic growth action plan.
The current THRIVE program uses a hybrid model that requires participants to meet in Syracuse monthly in addition to accessing parts of the curriculum online. Altogether, the program provided more than 100 hours of instruction, the SBA said.
Participants
The following is a list of this year’s THRIVE participants, along with their business name and its location. Those involved are also pictured above.

SUNY Poly professor receives nearly $400K in funding for research project
MARCY, N.Y. — SUNY Polytechnic Institute Assistant Professor of Mechanical Engineering Technology Ahmed Abdelaal has been awarded $397,410 by the National Institute of Standards and

Syracuse to face Washington State in the Holiday Bowl in San Diego
SYRACUSE, N.Y. — Syracuse will face Washington State in the DIRECTV Holiday Bowl in San Diego on Dec. 27. The game is set for 8

Syracuse University to begin demolition work on both Marion and Kimmel Halls
SYRACUSE, N.Y.— Syracuse University on Thursday said it plans to begin demolition of Marion Hall and Kimmel Hall and the Kimmel dining center “later this month” to prepare for two new residence halls. In addition, the demolition of the Comstock Avenue garage is expected to start in early 2025, following the permitting process. Syracuse parking
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SYRACUSE, N.Y.— Syracuse University on Thursday said it plans to begin demolition of Marion Hall and Kimmel Hall and the Kimmel dining center “later this month” to prepare for two new residence halls.
In addition, the demolition of the Comstock Avenue garage is expected to start in early 2025, following the permitting process. Syracuse parking services staff will connect with each Comstock Ave. garage permit holder directly to coordinate new parking assignments, the university said in its announcement.
The effort is part of Syracuse University’s work to advance the comprehensive housing strategy that it first announced back in February.
The announcement followed the creation of the school’s first housing strategy, which was co-led by Allen Groves, senior VP and chief student experience officer, and Brett Padgett, senior VP and CFO. As part of the group’s work, its members surveyed students to assess their housing expectations, reviewed Syracuse University’s current housing stock, and toured recent renovations and new construction at peer institutions.
“A lot of intentional thought around current and future needs and cross-campus collaboration went into developing this housing strategy,” Groves said in the Syracuse University announcement. “Not only is the University focused on enhancing its housing stock for students, but we’re also thinking strategically about how we can create and offer housing options for other important campus constituency groups, including new faculty, staff and graduate students. I am grateful to everyone who contributed to this important work and look forward to seeing progress as demolition and construction get underway.”
In addition to the new residence halls being built at the former sites of Marion and Kimmel Halls and the Comstock Ave. garage, Syracuse University will also construct a new residence hall at 544 University Place, along Ostrom Avenue, adjacent to Thornden Park. This new facility will house about 570 students.
The design is nearing completion, and construction is anticipated to begin early in 2025, the university said.
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