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Northeast Dairy Foods and Suppliers Associations name new executive director

CICERO, N.Y. — The Northeast Dairy Foods and Suppliers Associations recently announced the appointment of Alex E. Walsh as executive director. Walsh oversees the day-to-day operations of the two associations — Northeast Dairy Foods Association, Inc. (NDFA) and Northeast Dairy Suppliers Association, Inc. (NDSA) — as well as the governmental, public, and industry relations on

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Five Star Bank parent company to pay Q2 dividend in early July

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the second-quarter dividend on July 3, to shareholders of record on June 15.  At the banking

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Lockheed Martin

Lockheed Martin to pay Q3 dividend of $3 a share in late September

The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept. 22, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields about 2.6 percent on an annual basis.  Lockheed

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Wolfspeed secures financing for expansion efforts

MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up to an additional $750 million, from an investment group led by Apollo (NYSE: APO). The financing supports Wolfspeed’s efforts to ramp up production and expand as it works toward a

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Operation Oswego County annual meeting outlines projects

OSWEGO, N.Y. — A pair of Oswego County economic-development organizations provided help for projects that resulted in the creation or retention of 1,495 jobs, with more than $447 million in capital investment associated with 38 new, expanded, or retained facilities.  Austin Wheelock, executive director of Operation Oswego County (OOC), was speaking about OOC and the

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5 teams selected for Medical Device Innovation Challenge

SYRACUSE, N.Y. — Upstate Medical University’s CNY Biotech Accelerator (CNYBAC) has selected five teams for its 2023 Medical Device Innovation Challenge (MDIC). The MDIC teams will participate in the Empire State Development (ESD) grant-supported program, which is now in its seventh year. The MDIC review committee, a select group of subject-matter experts, chooses the teams

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