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Small-business optimism slips in March, ending six-month rise
Optimism waned among small-business owners in March, according to a monthly survey showing that owners who had been warming to their future prospects suddenly took a less rosy view of future hiring and sales. The Small Business Optimism Index from the National Federation of Independent Business (NFIB) slipped 1.8 points in March to 92.5. The […]
Nationwide to relocate Salina claims center in September
SALINA — Nationwide Mutual Insurance Co. plans to move its Salina claims center this fall, leaving a building that it built and once owned for a smaller location about a mile away. Columbus, Ohio–based Nationwide will withdraw its Salina operations from their longtime home at 110 Elwood Davis Road this September and relocate them to
Paragon Environmental Construction and NYEG Drilling plot continued growth
BREWERTON –– Paragon Environmental Construction, Inc. (PEC), and its subsidiary company NYEG Drilling, LLC are growing side by side and plan to make equipment and facility investments to keep expanding. PEC and NYEG are currently located at 5664 Mud Mill Road in Brewerton. The two companies share the 8,400-square-foot office as well as equipment and
POMCO joins new market with health-reform CO-OP
SYRACUSE — POMCO Group’s involvement in a new type of health-benefit plan gives it a piece of an evolving market and a chance to help expand the availability of health insurance, according to the company’s senior executive vice president. Syracuse–based POMCO will administer the benefits for the first Consumer Operated and Oriented Plan (CO-OP) in
Redevelopment planned for vacant building on Near West Side
SYRACUSE — New life could soon be returning to a massive vacant building on the Near West Side of Syracuse. A group of partners is planning a redevelopment of the 55,000-square-foot Engleburg Huller Building at 831 W. Fayette St. The structure was originally built in the late 1800s and spans an entire city block, according
Sports PT looks for steady growth after ‘year of relocation’
DeWITT — Sports Physical Therapy of New York, PC (Sports PT) is looking forward to solid growth in 2012 after it moved nearly a quarter of its offices last year. The company, which is headquartered at 6319 Fly Road in DeWitt, did not move any of its three Syracuse–area locations in 2011. Last year’s relocations
Solvay Bank head to serve three years on N.Y. Fed board
SOLVAY — In some ways, Solvay Bank President and CEO Paul Mello’s role as a member of the Federal Reserve Bank of New York board of directors won’t be much different from serving on any other board. The directors oversee the bank’s performance, its officers, its policies, and risk procedures, he says. But of course,
Morse Manufacturing’s new president focused on smooth transition
EAST SYRACUSE — When Nathan Andrews took over as president at Morse Manufacturing Co., Inc. at the beginning of the year, the transition didn’t drum up any problems, he says. “There are a lot of family businesses around, and a lot of them don’t go through very smooth transactions,” Andrews says. “We’ve been blessed in
SYRACUSE — Ephesus Technologies, LLC is rolling out its own, proprietary LED chip, which it says could help the firm create more than 1,000 jobs in the next 10 years. Ephesus developed the chip in partnership with Group4 Labs of Fremont, Calif. Group4 works in New York from the College of Nanoscale Science and Engineering
Giarrosso Sheetmetal hopes tin man will help business grow
SYRACUSE — One man working for Giarrosso Sheetmetal, Inc. spends all day in one spot. Yet the company hopes it can follow him down a road of expansion. The man isn’t a traditional employee. In fact, he’s made out of metal — he’s a tin man standing in front of Giarrosso Sheetmetal’s home at 120
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