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

Helio Health CEO Klemanski to depart for Chicago job
SYRACUSE, N.Y. — Jeremy Klemanski — president and CEO of Helio Health and the Helio Health Foundation — will be leaving the organization, effective Dec.

Spectrum awards $20K digital-education grant to Westcott Community Center
SYRACUSE, N.Y. — Spectrum has awarded the Westcott Community Center in Syracuse a $20,000 Spectrum Digital Education grant for its broadband computer learning lab and

sfcu selects Cicero site for branch to serve Syracuse–area market
CICERO, N.Y. — Sidney Federal Credit Union (sfcu) announced it has chosen 8062 Brewerton Road in Cicero as the location of its planned flagship Syracuse–area

Gillibrand recommends OCC graduate to serve on DOT advisory committee on transportation equity
A 2003 graduate of Onondaga Community College (OCC) is under consideration to join the advisory committee on transportation equity within the U.S. Department of Transportation

HobbyTown store opens in Clinton
CLINTON, N.Y. — Hobby, toy, and game fans have a new option in Clinton with Friday’s formal opening of a HobbyTown franchise. Located at 34

Syracuse Jazz Fest sets fundraising goal of $650K for 2023 event
SYRACUSE, N.Y. — The executive producer of Syracuse Jazz Fest says the organization is currently pursuing private and public-sector funding totaling $650,000 for the 2023

Rome small businesses celebrate grand openings in arts district
The Balanced Chef, which first opened its restaurant to customers on March 3, 2021, at 242 W. Dominick St., recently received a transformation as part
California company selects Wolfspeed component for energy management product
Battery-management and charging-technology company AMP recently announced the integration of Wolfspeed’s E-series silicon carbide metal-oxide-semiconductor field-effect transistor (MOSFET) into AMP’s e-mobility energy management unit. Wolfspeed’s technology allows AMP to optimize battery performance, charging, and costs. Wolfspeed, based in Durham, North Carolina, employs more than 300 people at its Mohawk Valley Fab facility that opened this
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Battery-management and charging-technology company AMP recently announced the integration of Wolfspeed’s E-series silicon carbide metal-oxide-semiconductor field-effect transistor (MOSFET) into AMP’s e-mobility energy management unit.
Wolfspeed’s technology allows AMP to optimize battery performance, charging, and costs.
Wolfspeed, based in Durham, North Carolina, employs more than 300 people at its Mohawk Valley Fab facility that opened this past April. The fab produces 200 mm silicon-carbide wafers.
“At AMP, we understand the power that silicon carbide brings to vehicle electrification,” Jiaqi Liang, AMP’s VP of hardware engineering, said in a press release. “We are proud to collaborate with another U.S.–based company on technologies at AMP.”
Wolfspeed’s silicon carbide unlocks higher power density and efficiency, better platform scalability, and precise charging control, Liang added. Consumers observe those benefits through improvements in cabin space, shorter charging time, and a lower cost.
“AMP’s integration of our technology signals continued growth for silicon carbide in the automotive industry,” Jay Cameron, SVP and general manager, power at Wolfspeed said. “The expansion of our automotive-qualified 650-volt and 1,200-volt E-series silicon carbide MOSFET portfolio allows AMP to easily deploy their products for either 400-volt or 800-volt systems.”
Wolfspeed’s MOSFETs are optimized for use in automotive applications such as traction inverters, electric vehicle onboard battery charging, and high-voltage DC-DC converters. The company provides solutions for efficient energy consumption with products including silicon-carbide materials and power devices, as well as RF devices for electric vehicle, fast charging, 5G, renewable energy and storage, aerospace, defense, and other applications.
Los Angeles-based AMP provides energy-management solutions for electric mobility applications.

Town of Union announces $1.5M in grant programs for businesses and commercial-property owners
UNION, N.Y. — A new slate of federally funded grant programs will award $1.5 million in the town of Union to help businesses and commercial-property owners improve and grow. “We’re excited to offer $1.5 million in grant funding to town of Union businesses,” Joseph Moody, Town of Union economic development director, said in a news
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UNION, N.Y. — A new slate of federally funded grant programs will award $1.5 million in the town of Union to help businesses and commercial-property owners improve and grow.
“We’re excited to offer $1.5 million in grant funding to town of Union businesses,” Joseph Moody, Town of Union economic development director, said in a news release. “I look forward to meeting with all eligible applicants to help them best address and match their needs with one of the five grant programs.”
The Town of Union Local Development Corporation’s 2021 American Rescue Plan Act Grant Program includes the villages of Endicott and Johnson City and the hamlets of Endwell, Choconut Center, Union Center, West Corners, Westover, and West Endicott.
Startups, established businesses, and commercial-property owners can apply for one of five types of grants: the kick-start entrepreneurial, small business sustainability, project-specific infrastructure improvement, “Reimagine Union” demolition and site prep, and 50/50 commercial façade.
The kick-start grants of up to $10,000 are open to startups and cannot exceed 75 percent of eligible projects. Funds can be used for furniture, fixtures, equipment, inventory, supplies, and working capital.
The small business sustainability funding is open to existing businesses with less than 100 employees. Grants of up to $25,000 cannot exceed 90 percent of eligible projects. Applicants must have been in business on or before March 1, 2020, have remained open, and show a demonstrated need. Funds may be used for COVID-19 recovery efforts and other uses the town’s Local Development Corporation deems acceptable.
Project-specific infrastructure grants of up to $100,000 cannot exceed 40 percent of eligible projects. Entities in COVID-19 state and federal declared-disaster areas are eligible for the funding, which can be used for building acquisition or improvements, acquisition of machinery, equipment, furniture, and fixtures to promote employee health and safety or address manmade or natural disasters.
Reimagine Union demolition grants are open to businesses in the disaster area for projects including demolition and site preparation to remove slums and blighted areas. Grants, up to a maximum of $200,000, cannot exceed 75 percent of project costs.
Grants of up to $50,000 under the 50/50 façade program are available to commercial-property owners within the disaster area to make exterior renovations. The grants will cover 50 percent of the cost of renovations.
Businesses must meet with the town’s economic-development director, Moody, before applying. He can be reached at (607) 786-2945 or jmoody@townofunion.com.
More detailed information about the grants is available online at www.townofunion.com/departments/economic-development.html.
Lockheed Martin wins more than $10M Navy contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has won a more than $10.2 million modification to a previously awarded contract from the U.S. Navy. The cost-plus-incentive-fee modification to a previously awarded delivery order under an indefinite-delivery/indefinite-quantity contract is for the design, prototyping, and qualification testing of submarine electronic-warfare
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SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has won a more than $10.2 million modification to a previously awarded contract from the U.S. Navy.
The cost-plus-incentive-fee modification to a previously awarded delivery order under an indefinite-delivery/indefinite-quantity contract is for the design, prototyping, and qualification testing of submarine electronic-warfare equipment.
Work will be performed in Salina and is expected to be completed by February 2023. Fiscal 2023 research, development, test and evaluation (Navy) funds totaling $10,258,510 will be obligated at the time of award and will not expire at the end of the current fiscal year.
The Naval Sea Systems Command in Washington, D.C. is the contracting authority.
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