Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Profit rises in Q4, 2011 at Tompkins Financial
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) earned $9.4 million, or 84 cents a share, in the fourth quarter, up 5.6 percent from a
Unemployment rates inched up a bit across the region in December, according to figures released today by the state Labor Department. In Binghamton, the rate
Net income from continuing operations attributable to common shareholders at KeyCorp (NYSE: KEY) totaled $201 million in the fourth quarter, down from $292 million a
Behlmer to head up CNY region for BNY Mellon
BNY Mellon’s Central New York region has a new top executive. Frank Behlmer was recently appointed to the newly created role of regional executive for
Community Bank Q4 profit rises nearly 20 percent
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported that its fourth-quarter net income rose 19.5 percent to a record $19 million as it benefitted
Cornell University relaunches humanities building project
ITHACA — Cornell University will relaunch the design phase of its new humanities building now that the buildings and properties committee of the Cornell Board of Trustees unanimously approved the measure Jan. 19, according to the Cornell Chronicle. It’s the first new building at Cornell in more than 100 years.The process was put on hold
Speedy Awards relocates to Crossroads Plaza
NEW HARTFORD — Speedy Awards & Engraving, Inc. has a new home and plans to add some new products as the company’s owners work to continue the growth they generated in 2011. Speedy co-owners Anthony (Tony) and Lyn Taurisano, who are brother and sister, found out in September they would need to find a new
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.