Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Pathfinder Bancorp boosts quarterly dividend by 11 percent
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share of its common stock. The first-quarter 2024 dividend is payable on May 10 to all shareholders of record on April 19, according to an announcement from James A. Dowd, president and […]
A.O. Fox Hospital, BOCES partner on nursing program
ONEONTA — A.O. Fox Hospital, part of the Bassett Healthcare Network, and Otsego Northern Catskills Board of Cooperative Educational Services (ONC BOCES) have announced a new partnership that brings the BOCES practical nursing-certification program to the hospital. The comprehensive 10-month program is designed to equip students with the skills and knowledge necessary to excel in
Broome County hotel occupancy inches down in February
BINGHAMTON — Broome County hotels saw slightly fewer guests in February, while two other key indicators of business performance improved. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county dipped 0.7 percent to 50.4 percent in the second month of 2024 versus February 2023. Revenue per available room (RevPar), an
Binghamton University to pursue AI research and development
Uses “landmark” $5 million donation VESTAL — Binghamton University graduate Thomas Secunda is providing the school a financial gift that it
Smith Brothers eyes architect and engineer niche with latest merger
Smith Brothers Insurance, a Connecticut–based insurance broker with New York offices in Owego, Vestal, Waverly, and Rensselaer, recently merged another Connecticut company into its operations. It’s a move that makes the company one of the largest advisors and brokers for architects and engineers in the northeast. With the merger, Maloney & Company, LLC, in Guilford,
NYS home sales rise for the first time in 30 months
But inventory hits another record low ALBANY — New York home sales increased in year-over-year comparisons for the first time in more than two years in February, while the number of homes available for sale fell to another record low. That’s according to the monthly housing report that the New York State Association of Realtors (NYSAR)
Lockheed Martin plant wins $27M Navy contract order
SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in the town of Salina has been awarded a $27.1 million firm-fixed-price delivery order under a U.S. Navy contract. It’s for the procurement of the submarine electronic-warfare system to include modernization kits, equipment, and installation. Work will be performed in the Lockheed facility, just north of
MACNY to add Byrne to Wall of Fame, give award to Robillard
DeWITT — MACNY, The Manufacturers Association, will add Carl Byrne, president and CEO of Byrne Dairy, Inc., to its Manufacturers Wall of Fame. It will also recognize Tyler Robillard, director of engineering at Feldmeier Equipment, Inc., as this year’s Innovator of the Year. DeWitt–based MACNY, its members, and community leaders will honor both Byrne and
Syracuse Stage starts search for new managing director
SYRACUSE — The board of trustees and senior management of Syracuse Stage are developing a plan to find the theatre company’s next managing director. That plan will be announced soon, according to an April 2 Syracuse Stage announcement that Jill Anderson, its managing director since 2016, will leave the organization this summer after eight years.
Le Moyne’s largest-ever alumni donation to put name on building
Will also create scholarship fund SYRACUSE — A 1966 graduate of Le Moyne College has donated $12 million to the school, representing its largest-ever alumni donation. With the donation, Le Moyne will place a name on its College of Arts and Sciences, and the money will also benefit additional
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