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MVHS Foundation surpasses $30 million fundraising goal
UTICA, N.Y. — The Mohawk Valley Health System (MVHS) Foundation’s “This is for You: The Campaign to Transform Healthcare” exceeded its $30 million fundraising goal
ROME — Assured Information Security (AIS) now has 24 issued patents, with the issuing of two new patents in October by the U.S. Patent and Trademark Office, the company announced. “Expanding our patent portfolio is central to our mission of advancing cybersecurity solutions that can adapt to evolving threats,” AIS Chief Engineer Michael Seiffert said
Oswego Health’s 5th Annual Gala raises more than $133,000 to support local health care
OSWEGO — The 5th Annual Oswego Health Foundation Gala, themed “A Night of Glitz and Glamour,” attracted 282 attendees in a sold-out Nov. 2 event at the Lake Ontario Conference Center and raised more than $133,000 to support local health care and the Oswego Health Foundation Endowment Fund. During the program, Oswego Health presented three
Pathfinder Bancorp reports net loss in third quarter of 2024
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported a net loss of $4.6 million, or 75 cents per share, in the third quarter, compared to net income of $2.2 million, or 35 cents a share, in the same quarter in 2023. The net loss reflected $9 million in
Berkshire Bank parent company to pay Q4 dividend of 18 cents in late November
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on Nov. 27, to shareholders of record as of
Corning Inc.’s Canton plant to create up to 130 jobs
It comes after winning $32 million in CHIPS funding CANTON — More manufacturing jobs are on the way for the Canton plant of Corning Incorporated (NYSE: GLW). The company has reached an up to $32 million preliminary memorandum of terms (PMT) funding
Firm that recently expanded into Utica plans more growth
Just months after opening a satellite office in Utica, architecture and engineering-design firm CSArch has inked a new partnership deal that will fuel more growth at the Albany–based firm. CSArch finalized a partnership deal on Oct. 31 with Signal Hill Equity Partners, a Canadian middle-market private-equity firm that focuses on investing in regulated and essential-service
Upstate N.Y. Energy Storage Engine CEO starts position
VESTAL — An engineer with “decades of experience in industry and higher education” is now serving as the CEO of the Upstate New York Energy Storage Engine that Binghamton University leads. Meera Sampath previously served as the associate dean of research in Binghamton’s Thomas J. Watson College of Engineering and Applied Science, according to its
Utica University Nexus Center chalks up win for Oneida County
UTICA — Two years after opening, the Utica University Nexus Center is not just meeting Oneida County’s expectations, but also exceeding them, the county’s leader says. First announced in 2017, the $64 million sports complex opened in November 2022, and has been busy ever since, according to Oneida County Executive Anthony J. Picente, Jr. “In
International Wire buys new equipment for Canastota plant using National Grid incentive
CANASTOTA — The Canastota plant of International Wire is using new equipment, thanks to an energy-efficiency incentive from National Grid (NYSE: NGG) that will help the firm save money in the long run on its energy costs. International Wire replaced a 25-year-old multiwire drawing machine at the plant with a new generation of equipment that
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