Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Griffiss utility launches plant retrofit project
ROME — A $20 million project to retrofit Griffiss Utility Services Corporation’s (GUSC) steam plant to burn wood chips in addition to its current natural gas and oil options should result in big savings for the utility provider and the Griffiss Business and Technology Park tenants it services, the utility says. GUSC Energy, Inc., a […]
North Country manufacturer’s 110 years of growth, change hasn’t yet hit a Climax
In January 1902, Michigan played Stanford at the Rose Bowl in Pasadena, Calif. It was the first college bowl game. In April, Leon Serpollet set a new car land-speed record of 75.06 miles-per-hour. In August, Teddy Roosevelt was the first U.S. president to ride in an automobile. That same year, Samuel L. Hirschey founded the
Sutton Real Estate adds to presence in Oswego
OSWEGO — A real-estate development group in Syracuse has acquired Midtown Plaza in Oswego. Sutton Real Estate will manage and lease the property for the new owner, SRE-Midtown Acquisitions, LLC. The 68,000-square-foot retail center is in the heart of Oswego, according to Sutton. The building includes two floors of retail and office space including a
New York manufacturing index plunges below zero in August
Business conditions for New York manufacturers fell apart in August, according to a monthly survey from the Federal Reserve Bank of New York. The general business conditions index in the New York Fed’s Empire State Manufacturing Survey, which was released Aug. 15, plummeted 13.2 points to -5.9. It is the first time the index dropped
Wireless Grids in talks with new potential clients
SYRACUSE — A Syracuse University (SU) technology spinoff is aiming to land contracts in a number of new markets in the coming months. Wireless Grids
Small-business optimism slips again in July
Sagging earnings underpinned a dip in small-business owners’ optimism in July, according to a monthly index from the National Federation of Independent Business (NFIB). The NFIB reported that its Small Business Optimism Index slipped 0.2 points to 91.2, remaining at “recession levels.” It has declined for three consecutive months, although July’s decrease is smaller than
Nonprofits face pressure to merge or affiliate
“In business, you have to lead, follow or get out of the way.” — Lee Iacocca Gov. Cuomo has taken dead aim at the nonprofit sector in New York State, with particular emphasis on those agencies funded with state dollars. After issuing an executive order in January on CEO compensation and administrative cost
HERKIMER — Annese & Associates, Inc. has been expanding into New England in recent years and company leaders are making plans to open an office there. The firm began its expansion into New England by pursuing work in Vermont in 2010, Annese President and CEO Ray Apy says. The company has an office in the
Medical-device firms prepare for new tax
Sound bites erupted with such force after the Supreme Court’s decision on the national health-care reform law that it might have been easy to overlook a new challenge for a local industry. The law includes a 2.3 percent tax on the sale price of medical devices as part of its funding stream. Economic developers have
SYRACUSE — The CASE Center at Syracuse University and the Central New York Technology Development Organization (TDO) are planning a new conference for this fall that organizers hope will spark more innovation among attendees. NEXT will take place Nov. 8 at the Holiday Inn Syracuse-Liverpool. Organizers are expecting 300 to 400 people will attend. The
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.