Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Florida investment firm acquires majority interest in CXtec, TERACAI
SALINA, N.Y. — An affiliate of a Miami, Florida–based investment firm has acquired a “majority interest” in CXtec and sister company TERACAI Corp. William Pomeroy,
Indium invests big in college-internship program
CLINTON — “We’ve sponsored college internships at Indium [Corp.] for years,” declares Rick Short, the company’s director of marketing communications, “but it was never formalized. The original idea was that providing summer jobs for college students was a nice thing to do. What started out as altruism changed when the supervisors discovered that the interns
Legal Counsel and Communications Strategist – The Best Combination
Over the past several years, I have often found myself advising CEOs and ther senior leaders as they navigated confidential, difficult situations that resulted from abrupt organizational changes, professional misconduct, hazardous-materials incidents, product or service failures, cybercrime, natural disasters — or what seemed to be just plain dumb luck. I’ve come to realize that in a
Bonadio Group survey: Upstate contractors pursue improvement
Upstate New York contractors and construction businesses want to “do what they do better.” That’s one of the key findings of the 2016 Upstate New York Contractors State of the Industry Study that the Bonadio Group released July 20. Rochester–based Bonadio describes itself as upstate’s “largest independent provider of accounting, consulting, and financial services.” In all,
Mahoney proposes one-time payment for Onondaga County employees to retire
SYRACUSE, N.Y. — Onondaga County is offering eligible county employees a one-time payment of $10,000 to voluntarily leave the county’s workforce by Dec. 31. Onondaga
ConMed to pay quarterly dividend of 20 cents in October
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, recently announced that its board of directors has declared a cash dividend of 20
Avalon Document Services acquires Florida firm
SYRACUSE, N.Y. — Avalon Document Services announced it has acquired Southeastern Document Services (SDS), a Tampa, Florida–based litigation support and eDiscovery provider. Syracuse–based Avalon didn’t
Community Bank System boosts dividend again
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced that its board of directors has hiked its quarterly dividend to 32 cents per share
People news: Citizens Bank appoints Young as head of digital
Citizens Bank, which has a significant presence in Central and upstate New York, recently announced the appointment of Lamont Young as head of digital. Young
Chemung Canal Trust hires Hazelton as retail banking executive
ELMIRA, N.Y. — Chemung Canal Trust Co., a subsidiary of Chemung Financial Corp. (NASDAQ: CHMG), announced the appointment of Kimberly A. Hazelton as executive VP
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.