Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
FIS distributes $8.1 million in ESOP funds
ORISKANY — Fiber Instrument Sales, Inc. (FIS) recently distributed $8.1 million to employees that have participated in the company’s employee stock ownership plan (ESOP). According
Governor signs bills aiming to spark solar-power installation
New York Gov. Andrew Cuomo has signed several pieces of legislation lowering taxes on solar energy in the state. The new laws, which Cuomo approved
Chemung Financial to pay dividend
ELMIRA — Chemung Financial Corp. will pay a cash dividend of 25 cents per share on Oct. 1 to shareholders of record as of Sept.
Griffiss utility launches plant retrofit project
ROME — A $20 million project to retrofit Griffiss Utility Services Corporation’s (GUSC) steam plant to burn wood chips in addition to its current natural
New York manufacturing index plunges below zero in August
Business conditions for New York manufacturers fell apart in August, according to a monthly survey from the Federal Reserve Bank of New York. The general
Small-business optimism slips again in July
Sagging earnings underpinned a dip in small-business owners’ optimism in July, according to a monthly index from the National Federation of Independent Business (NFIB). The
SYRACUSE — The CASE Center at Syracuse University and the Central New York Technology Development Organization (TDO) are planning a new conference for this fall
Conference aids educators in STEM fields
SYRACUSE — A conference that took place in July at Syracuse University could become an annual event focused on helping teachers train students in the
Prices on construction materials drop in July
The cost of some key construction materials fell in July for the third month in a row, according to a new analysis from the Associated
PSC creates fund supporting rural local telephone service
The New York State Public Service Commission moved today to set up a State Universal Service Fund (SUSF) that will provide four years of funding