Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
State awards millions in economic-development funding in latest round of REDC initiative
New York State has awarded millions in funding to Central New York, Mohawk Valley, Southern Tier, and the North Country as part of the regional economic-development
CIBA celebrates global entrepreneurship
Plus ça change, plus c’est la meme chose — Jean–Baptiste Alphonse Karr BINGHAMTON — The epigram attributed to French writer Karr translates as: “The more it changes, the more it remains the same thing.” How apropos of America’s historical attitude toward global trade, which periodically swings like a pendulum between encouraging and discouraging multilateral agreements. Encouraging
Cuomo, Cayuga Milk Ingredients oppose proposed Canadian regs on dairy product
The farmer owners of Cayuga Milk ingredients, Inc. in Aurelius invested more than $104 million in a “state-of-the-art” milk-processing facility to market their dairy ingredients, including the production of ultra-filtered milk, worldwide. That’s according to Kevin Ellis, CEO of Cayuga Milk Ingredients. Ellis is concerned that Canada is contemplating a national ingredients strategy that specifically
New state law to aid the expansion of homebrewing
New York Gov. Andrew M. Cuomo recently signed into law legislation to help expand “homebrew” beer, wine, and cider-making in New York. The bill (S.1227B/A1100B) allows for the creation and operation of custom beer, wine, and cider-production centers that will rent space and equipment to people looking to produce beer, wine, or cider for home
ConMed reports Q3 profit dip, maintains earnings guidance
UTICA — ConMed Corporation (NASDAQ: CNMD) recently reported net earnings of $7.3 million, or 26 cents a share, in the third quarter, down from $8.9 million, or 32 cents, in the year-ago period. The earnings figure includes business acquisition and restructuring costs, along with a gain on the sale of the company’s facility in Centennial,
New state law to aid expansion of homebrewing
New York Gov. Andrew M. Cuomo recently signed into law legislation to aid in the expansion of “homebrew” beer, wine, and cider-making in New York.
Public Service Commission approves sale of FitzPatrick nuclear plant to Exelon
SCRIBA, N.Y. — The New York State Public Service Commission (PSC) on Thursday announced approval of the sale of the James A. FitzPatrick nuclear power
Microdrones speeds up investment in Rome site
ROME — Drones are creating a revolution. I’m not talking about male honey bees whose role is to mate with the Queen bee, nor am I referring to the musical harmonic or one of my former professors at college who doubled as a soporific. The drones in question are unmanned aircraft which, in just a
SRC board of trustees names Kerrick as new chair
CICERO — The SRC board of trustees has named long-time member Donald Kerrick as its new chairperson. Kerrick, a retired lieutenant general in the U.S. Army, succeeds M. Catherine Richardson in the chairperson’s role, Cicero–based SRC said in a news release. Richardson, the board’s former chairperson, is retiring from the SRC board. She served for
New York to spend $30M on drone-testing corridor in Central New York
SYRACUSE — New York State believes in the “potential” of the unmanned aircraft systems (UAS) industry. “We think this is going to be a $1 trillion industry,” said Gov. Andrew Cuomo. New York State plans to spend $30 million to develop a 50-mile, flight-traffic management system between Syracuse and Griffiss International Airport in Rome to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.