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Area unemployment rates show little progress in February
Regional unemployment rates mostly followed the same trend as the state in February, creeping up slightly or staying stagnant. Only the Binghamton region showed any
SRC wins $20 million contract from EPA
CICERO — SRC, Inc. won a $20 million contract from the Environmental Protection Agency (EPA) to test new chemicals entering the U.S. market. The five-year
February construction spending up from a year ago
Construction spending increased in February 2012 when compared to the same month last year as rising private construction spending outweighed a dip in public spending,
CXtec to pay $2 million in settlement with government
SALINA — CXtec will pay $2 million to settle claims it supplied government customers with products made in China. The Department of Justice said the
The president of Excellus BlueCross BlueShield will become CEO of the health insurer and its parent company at the beginning of next year, replacing retiring
Cedarville company plots growth for 2012
CEDARVILLE — Fermer Precision may be a small business in the hamlet of Cedarville, but the company has kicked off 2012 off in a big way with new equipment, new customers, and new affiliations with sister companies it gained when Fiber Instrument Sales (FIS) acquired Fermer in July 2011. In January, Fermer landed a contract
Meyda sees growth in LED lighting interest
YORKVILLE — The recent creation and sale of a chandelier featuring LED (light-emitting diode) technology by 2nd Ave Lighting reflects a growing trend parent company Meyda Tiffany is seeing across the lighting industry for energy-efficient options. The Medusa chandelier, featuring 120 bayonet-mounted LED lights and retailing for $45,000, was sold to a hotel in Saskatchewan,
Profit falls 46 percent at Beacon Federal in Q4
DeWITT — Profit at Beacon Federal Bancorp (NASDAQ: BFED) fell more than 46 percent in the fourth quarter to $763,000, or 13 cents a share.
Federal funds available for development projects
The state announced $1.2 million in grant funding under a program administered by the Northern Border Regional Commission (NBRC) intended to alleviate economic distress and
Tompkins Financial prices stock offering
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) will offer 875,000 shares of its common stock for $40 each. The banking company expects to raise
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