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Ask the Expert: How Companies Can Future-Proof Their Workforce
In today’s landscape, workforce challenges are more pressing than ever. Across New York and beyond, companies are grappling with unfilled positions, skills gaps, and increasing

The OBBBA Resurrects the Immediate R&E Expense Deduction
Under the Tax Cuts and Jobs Act (TCJA), businesses, including manufacturers, have been required since 2022 to amortize domestic Section 174 research and experimental (R&E)

State breaks ground on Principle Hotel in downtown Norwich, as part of DRI projects
NORWICH, N.Y. — Officials in Norwich held a Thursday, Oct. 23 groundbreaking for the upcoming Principle Hotel, an $8.3 million boutique hotel as part of

Indium Corp. accepting applications for its DIY internship program
CLINTON, N.Y. — Indium Corporation is now accepting applications for its 2026 internship program, which will be a do-it-yourself (DIY) format. It allows students to

SYRACUSE, N.Y. — Three speakers discussed history and storytelling during the Downtown Committee of Syracuse, Inc.’s fall progress breakfast held Thursday morning, Oct. 23, at

Alcoa, NYPA ink new power-supply contract in Massena, supporting 500 jobs
MASSENA, N.Y. — Alcoa Corp. (NYSE: AA) and the New York Power Authority (NYPA) have signed a new power-supply contract for Alcoa’s Massena smelting-plant operations

NYSDOT to spend $600 million on road paving in 2026
ALBANY, N.Y. — The New York State Department of Transportation (NYSDOT) will spend more than $600 million on over 180 paving projects statewide that are set for completion in 2026. That includes $25.3 million for eight projects in Central New York, $37.6 million for 15 projects in the Mohawk Valley, $59.6 million for 18 projects
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ALBANY, N.Y. — The New York State Department of Transportation (NYSDOT) will spend more than $600 million on over 180 paving projects statewide that are set for completion in 2026.
That includes $25.3 million for eight projects in Central New York, $37.6 million for 15 projects in the Mohawk Valley, $59.6 million for 18 projects in the Southern Tier, $35.4 million for 28 projects in the North Country, and $46 million for 17 projects in the Finger Lakes.
The 180 projects, which total almost 2,150 lane miles, are in addition to the paving initiatives already scheduled as part of NYSDOT’s core programs and, taken together, represent the “most ambitious annual road resurfacing agenda ever put forward” by NYSDOT, the office of Gov. Kathy Hochul announced Wednesday.
The $600 million is leveraging the $800 million that Hochul secured in the most recent state budget to augment the final two years of its five-year, $34.3 billion capital plan.
“Investing in modern and reliable infrastructure is a central tenet of good government and something my administration has made a top priority. It also requires partnerships at all levels of government,” Onondaga County Executive Ryan McMahon said in the state’s announcement. “With today’s announcement, New York State continues its commitment to updating Route 5 – a critical thoroughfare in our community. Thank you to the State and all our partners who made this possible.”
The scheduled road-paving projects are listed in the announcement.

Lockheed Martin Q3 profit edges up, sales rise
Lockheed Martin Corp. (NYSE: LMT) on Tuesday reported third quarter net earnings of $1.6 billion, or $6.95 per share, compared to $1.6 billion, or $6.80

Bassett Research Institute awarded multimillion dollar NIH grant
COOPERSTOWN, N.Y. — The Bassett Research Institute’s Center for Rural Community Health recently received approval for a multi-year grant to study improving rural access to

Syracuse University’s Whitman School to offer new master’s degree in real estate
SYRACUSE, N.Y. — The Martin J. Whitman School of Management at Syracuse University (SU) is now offering a master’s degree in real estate, with the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.