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PAR completes sale of logistics-management subsidiary
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) completed the asset sale of its PAR Logistics Management Systems (PAR LMS) subsidiary to ORBCOMM, Inc. (NASDAQ: ORBC) on Jan. 12. The sale is valued at about $6 million in cash and ORBCOMM common stock, with the potential for an additional earn-out of $4 million. “We are […]
CVI takes over Sheltered Workshop services
BINGHAMTON — Johnson City–based Country Valley Industries (CVI) has taken over as service and contract provider for Sheltered Workshop’s location at 203 Court St. in Binghamton. “They were a long-standing organization that provided services to the same population we service,” says David Markie, vice president at CVI. When Sheltered Workshop decided not to continue services,
Legends Golf Center upgrades tees, adds new simulator
UNION — The owners at Legends Golf Center, LLC were busy this fall upgrading the facility and adding new equipment to give golfers plenty of chances to work on their swing during the long, cold winter months. Work has finished on the renovation of four of Legends’ nine covered outdoor tees to fully enclose and
Seifter to become St. Joseph’s Hospital general counsel
SYRACUSE — Lowell Seifter will step down from the law firm that bears his name at the end of January and head to the hospital. Seifter, an attorney and one of the founding members of Green & Seifter, Attorneys, PLLC in Syracuse, will not be in a patient’s room, though. He is joining St. Joseph’s
N.Y. manufacturers’ business conditions improve again in January
New York manufacturers reported improving business conditions in January, including increasing orders and higher selling prices, according to a survey from the Federal Reserve Bank of New York. The January 2012 Empire State Manufacturing Survey’s general business conditions index rose 5.3 points to 13.5. That beat market expectations of 10 for the index, according to
Employers start implementing state’s wage-notification law
Under the new state Wage Theft protection Act (WTPA), employers across New York have from Jan. 1 to Feb. 1 to deliver wage notices to all their employees. “It’s not a new requirement,” says Lesley Frey, director of human resources at Binghamton–based Columbian Financial Group, which has a Syracuse–area office. Rather, it’s an expansion (voted into
Vernon, Tioga Downs report rise in revenue in 2011
VERNON — American Racing and Entertainment ended 2011 with strong gains at its two racetrack and casino operations — Vernon Downs and Tioga Downs. Vernon Downs, located at 4229 Stuhlman Road, generated a net-revenue increase of $1.1 million, or 2.6 percent, at its casino operations, according to a news release issued by American Racing. Casino
CareerBuilder Survey: temporary and contract hiring to increase in 2012
About 36 percent of American businesses will hire contract or temporary workers in 2012, up from 34 percent in 2011, 30 percent in 2010, and 28 percent in 2009, a new national survey finds. Of the companies hiring temporary or contract workers this year, 35 percent have plans to hire them on a permanent basis.
Elmira Savings to buy Empower branch office
ELMIRA — Elmira Savings Bank will open a new branch in Big Flats. Elmira Savings entered into an agreement with Empower Federal Credit Union to purchase its building at 971 County Route 64, according to a news release. Financial terms of the deal were not disclosed. “We are excited about securing a branch location in
Preparation is vital to keep a family business flourishing
What can help a family-owned business avoid fulfilling the proverb of “Shirtsleeves to Shirtsleeves in three generations,” and instead keep growing into the fourth and fifth generations of the business? We don’t have to look very hard to see many successful second- and third-generation family businesses in our community. Some statistics say that only a
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