Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Economic-development growth continues in Herkimer County
HERKIMER — Being nestled along the state’s Chip Corridor is proving beneficial for Herkimer County, which has a flurry of economic-development activity underway. “We’re already seeing people talking to us from other countries because of Micron,” Herkimer County Industrial Development Agency (HCIDA) CEO John Piseck says. The news that Micron will open a semiconductor facility […]
Growth on the agenda for Kris-Tech Wire
ROME — The dust will have barely settled from one expansion project before Kris-Tech Wire breaks ground this coming spring on another expansion to give the fast-growing company the space it needs. The wire manufacturer just finished an 80,000-square-foot expansion at its 80 Otis St. facility, Wendy Calabrese, director of employee engagement, says. But it
SUNY Poly shifts mission to build workforce of tomorrow
MARCY — Take one look at the bustling SUNY Polytechnic Institute campus in Marcy today, and you’d be hard pressed to figure out why so many in the Mohawk Valley were worried just a few years ago. It was late 2022 when news broke that the College of Nanotechnology, Science, and Engineering (CNSE), which had
Munson projects seek to welcome community to the arts complex
UTICA — With an estimated economic impact north of $20 million, Munson is more than just a museum or an arts school. It’s an important part of the city of Utica’s economy and helps serve as a welcome to visitors from outside the area. “We do over 600 events a year,” President/CEO Anna D’Ambrosio says
VIEWPOINT: Supporting the Region’s Revitalization
Central New York’s economy is at the threshold of a period of steep, lucrative growth for the first time in decades. Thanks in part to major public and private investments, our region gained more than 5,300 jobs in the past year across all industries and is forecasted to continue growing. As a major employer of
Koffman Southern Tier Incubator formally opens new facility in Vestal
VESTAL, N.Y. — The Koffman Southern Tier Incubator at Binghamton University has expanded with the addition of a new facility in Vestal, which it calls Koffman on Plaza. The Koffman Incubator provides key resources and programs to aspiring entrepreneurs and growing startup companies. The Koffman Southern Tier Incubator, which is located at 120 Hawley Street
Construction resumes targeting repairs along Oswego Harbor breakwater
OSWEGO, N.Y. — Construction has resumed on a project to repair the Oswego Harbor west arrowhead breakwater. The Buffalo district of the U.S. Army Corps of Engineers (USACE) and its contractor, Great Lakes Dock & Materials LLC of Michigan, are handling the job, per the USACE announcement. Repairs to the west arrowhead breakwater “ensure Oswego
NBT net income rises in Q2 but EPS dips
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) recently reported a mixed earnings picture in the second quarter amid a continued tough interest-rate environment. NBT’s net income rose to $32.7 million in the latest quarter from $30.1 million in the year-ago period, but its earnings per share (EPS) inched down to 69 cents per share
Fourth contract for I-81 project awarded by state
It includes work on community grid, new I-690 off ramp SYRACUSE — Work on the community grid in downtown Syracuse and a new off ramp along Interstate 690 to South Crouse Avenue are both part of the fourth contract in the Interstate 81 (I-81) viaduct-replacement project. The state awarded the
Colgate plans new Carey Center sports facility
It will host basketball and volleyball HAMILTON — Colgate University is planning a new 65,000-square-foot basketball and volleyball arena that will anchor a new athletics
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.