Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
ConMed Q2 profit jumps, but firm lowers sales forecast slightly
UTICA — Medical technology company ConMed Corp. (NASDAQ: CNMD) reported a 19 percent increase in net income and 20 percent rise in earnings per share in the second quarter on a 3.5 percent increase in total sales. Sales were driven higher by a 7.5 percent climb in revenue from single-use surgical products. However, the Utica–based […]
PAR leaders optimistic despite Q2 loss
NEW HARTFORD — Despite a second-quarter loss, leaders at PAR Technology Corp. (NYSE: PAR) remain encouraged by the company’s future prospects. PAR lost $511,000 from
PJ Green adds new printing press to enhance offerings
The growing company approaches the 100-employee mark UTICA — A new printing press at PJ Green, Inc. not only allows the company to provide
Oneida Financial profit rises 12 percent, led by rising non-banking revenue
ONEIDA — Net income rose 12 percent in the second quarter at Oneida Financial Corp. (NASDAQ: ONFC), driven primarily by rising fee and commission income
Oswego’s Midtown Plaza sold to Syracuse group
OSWEGO — A real estate development group in Syracuse has acquired Midtown Plaza in Oswego. Sutton Real Estate will manage and lease the property for
SU administrator named to board of national group
SYRACUSE — The secretary to the Syracuse University (SU) board of trustees and the school’s vice president of principal gifts has been elected to the
New owners aim for turnaround at Cortland Line Co.
CORTLAND — A group of private investors is hoping to spark a turnaround at Cortland Line Co. after acquiring the business from its employees. A group of seven investors bought the fishing-line manufacturer July 18 from the firm’s employee stock ownership plan. Financial terms were undisclosed. The new owners are all friends and fishermen, says
Smokers Choice tobacco retailer buys former Sleep City building for $350,000
DeWITT — Smokers Choice Cigarette & Tobacco Outlets, a tobacco and accessory retailer, recently purchased the 3,848-square-foot former Sleep City building located at 3188 Erie Blvd. East in the town of DeWitt. Robert Falcone sold the property for $350,000. Tom Lischak, and Alex Lischak of Pyramid Brokerage Company, in association with Keller Williams Realty, brokered
SUNY Oswego SBDC to offer small- business training course online
OSWEGO — The State University of New York (SUNY) Oswego Small Business Development Center (SBDC) will offer an online small-business training course starting Aug. 13. The first 10 people to sign up will receive a scholarship to cover the $200 cost of the class, according to the university. The course will help guide prospective entrepreneurs
New owners revamp ‘run down’ Days Inn near Oneida Lake
CICERO — SUN Development and Hospitality Management (SUNdhm) knew it had a major project on its hands when it purchased the Days Inn Brewerton/Syracuse/Airport hotel late last year. “It was run down pretty badly,” says Kayur Patel, vice president, COO, and co-owner of Cicero–based SUNdhm. “We couldn’t just throw wallpaper up and walk away.” The
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.