Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Latest funding round for Diffinity includes more CNY support
Diffinity Genomics, a biotechnology firm based in Rochester, closed a second round of funding in May that included support from the Allyn Family Capital Fund, LLC. Eric Allyn, a co-chairman of the board of directors at Skaneateles Falls–based Welch Allyn, has joined Diffinity’s board. It’s an important addition, Diffinity CEO Jeffrey Helfer says. “He brings a […]
June survey shows slowdown in state manufacturing growth
Growth for New York’s manufacturers downshifted in June, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York. The general business conditions index in the survey, which was released June 15, plummeted 14.8 points to 2.3. The descent brought the index to its lowest reading since last November, when
Tetra Tech Architects & Engineers expands with new markets, services
ITHACA — A locally based business unit of Tetra Tech, Inc. (NASDAQ: TTEK) has expanded its footprint to New England and added new services. Tetra Tech Architects & Engineers (TAE), based in Ithaca, combined with another business within Tetra Tech that provided services including land development, transportation planning and design, remediation, assessment and compliance, water
Key on track to close deal for HSBC branches
KeyBank remains on track to acquire 37 HSBC branches in the Buffalo and Rochester markets in July. The deal should close July 13, according to Key. The bank will acquire 26 branches in the Buffalo area and 11 in the Rochester market. The acquisition will bring $2.4 billion in deposits and $400 million in loans.
Chobani founder Ulukaya wins entrepreneur award
NEW BERLIN — The Ernst & Young Entrepreneur of the Year Awards honored Chobani founder, President, and CEO Hamdi Ulukaya as the winner in the
Hancock International Airport wins $63,000 federal grant
The federal government has awarded Syracuse Hancock International Airport with a grant to help it purchase safety equipment. The $63,000 grant will go toward aircraft
Verizon Wireless names new president for upstate NY region
Verizon Wireless, Inc. announced Wednesday that it has named Chris Felix president of the company’s upstate New York region. He replaces Russ Preite, who has
BrandYourself.com opens New York City office
The Syracuse startup BrandYourself.com has opened an office in New York City, it announced today. BrandYourself.com, which aims to help users improve their online reputations
Bill takes aim at tardy state-contract payments
The state legislature has passed a bill requiring state agencies to pay interest sooner for late contract payments to not-for-profit providers. According to a report
Upstate Cancer Center entering second construction phase
SYRACUSE — Upstate University Hospital is beginning a second phase of construction on its $50 million Upstate Cancer Center at its Syracuse campus. Crews will
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.