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Friday, July 30, 2010
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Regional News

	Syracuse listed as one of 25 metro areas to add construction jobs
	The Syracuse area added 100 construction jobs between June 2009 and June 2010, making it one of only 25 metropolitan areas nationwide that added construction jobs during that period. The Utica-Rome lost 400 construction jobs, while the Binghamton area lost 100 construction jobs during the same stretch.

	Earnings soar at PAR
	Sales were up 3.2 percent in the second quarter at PAR Technology Corp. and net income more than tripled at the hospitality hardware and software manufacturer. Second-quarter revenue was $56.2 million, up from $54.5 million a year ago. Net income jumped from $238,000, or 2 cents per share, in the second quarter last year to $849,000, or 6 cents per share.

	NBT reports earnings increase
	Second-quarter earnings rose at NBT Bancorp, Inc. (NASDAQ: NBTB), the holding company of NBT Bank. The banking company reported net income of $14.4 million, or 42 cents per share, up 24.8 percent from $11.6 million, or 34 cents per share, a year ago. NBT shares were trading up more than 2.6 percent this morning at $22.82.

	Earnings jump at Chemung Financial
	Second-quarter earnings rose at Chemung Financial Corp., which reported a 260 percent increase in net income in the period. The company earned $2.5 million, or 69 cents per share, for the quarter, compared with $695,000, or 19 cents, a year ago.

	Rome Memorial CEO to step down, successor chosen
	Rome Memorial Hospital President and CEO Darlene Burns will retire on Dec. 31 after working at the facility in various capacities for nearly 40 years, the hospital announced Friday. The Rome Memorial board of directors selected Basil Ariglio, the hospital's senior vice president and chief operating officer, as Burns' successor.

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PowAIR Sail installs wind turbines at Carousel Center

PowAIR Sail, Inc., a Syracuse-based manufacturer specializing in vertical-wind turbines for the residential and commercial markets, says it has installed three units on the roof of the Carousel Center.

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From The Publisher

	The federal government gravy train
	Be thankful we’re not getting all the government we’re paying for. — Will Rogers Back in March, USA Today published an article which stated that federal workers averaged $75,419 in annual salary. The article went on to note the substantial jump in the number of those earning six figures, excluding overtime and bonuses.

ROMBEL ON BUSINESS blog

	Uncertainty Interrupts Economic Recovery
	You can feel it can’t you? I’m talking about the palpable sense of unease many business owners and consumers have about the economy and their own financial condition.

VIEWPOINTS/OP-EDS

	Perpetually Hopeful
	Alexander Pope wrote that “hope springs eternal in the human breast” — but in my experience as a patent attorney, I’ve found that some people’s hope springs are wound tighter than others.

On The Move

	People on the Move - MV - 7/26/2010
	EDUCATION & TRAINING USC The Business College announced the addition of four new adjunct faculty members to its Utica campus.

Market Research

Top Ranks Lists
The 2010 Book of Lists electronic edition may be downloaded in Excel format. These 62 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.

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