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US Capital Partners provides $1.5 million term loan for World of Beer franchise
US Capital Partners, LLC has provided a $1.5 million term loan for multiple franchise locations of World of Beer, a chain of craft-beer bars with
CPC closes $12M Freddie Mac mortgage on Merchants Commons building in Syracuse
SYRACUSE — The Community Preservation Corp., Inc. (CPC) today announced the closing of a more than $12 million Freddie Mac mortgage to support the Merchants
Marietta Corp.: From sauerkraut to serendipity
CORTLAND — Manny Siegle was a farmer in Marietta who grew cabbages. In the 1970s, his dream was to package sauerkraut in plastic packets for sale to consumers. Siegle bought a packaging machine, but soon discovered that the sauerkraut wouldn’t cooperate: strings of the cabbage inhibited the sealing process. Undeterred, he looked for another commercial
HANYS: CNY, Upstate regions face doctor shortage
Hospitals and health systems in Central New York and across Upstate are facing a shortage of doctors, especially primary care physicians, according to a new report from the Healthcare Association of New York State (HANYS). In the 2013 HANYS Physician Advocacy Survey, based on responses from health-care facilities across the state, excluding New York City,
Rockbridge relocates to new, expanded location
SYRACUSE — Rockbridge Investment Management has relocated to an expanded office on the 9th floor of the Merchant Commons Building at 220 S. Warren Street in Syracuse. The firm announced the relocation on May 15, but held the formal opening on April 10, according to its news release. Rockbridge moved to accommodate its growth after
New study projects health-care costs to increase more slowly
Projected cost increases for all types of medical plans are expected to be down by between 0.1 percent and 0.5 percent in 2014, according to the 28th National Health Care Trend Survey by Buck Consultants, a unit of Xerox (NYSE: XRX). This continues the trend of slower increases since 2010, the survey found. Still, cost
CDPHP, Independent Health form ‘strategic alliance’
Capital District Physicians Health Plan (CDPHP), an Albany–based health insurer with subscribers in Central New York, on May 20 announced a “strategic alliance” with a health insurer based in Western New York. CDPHP will work with Independent Health, which is headquartered in the Buffalo suburb of Williamsville, to “explore opportunities to enhance their efforts to
NFIB Research Foundation: Health-insurance tax to cost 152,000 to 286,000 private-sector jobs
The National Federation of Independent Business (NFIB) Research Foundation recently released an updated study showing what it says are the “significant number of jobs” that will be lost by the national health-insurance tax (HIT) that is part of the Affordable Care Act (ACA). Using independent cost estimates, the Research Foundation’s BSIM (business-size impact module) predicts the rise in cost
MATTYDALE — The Senate Armed Services Committee has authorized $23 million for a new U.S. Army Reserve training center in Mattydale as part of a
CNY SHRM to hold annual conference in June
SYRACUSE — The Central New York chapter of the Society for Human Resource Management (CNY SHRM) has announced the details for its annual one day
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