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Greek Peak files for bankruptcy protection
VIRGIL — Greek Peak Mountain Resort is seeking Chapter 11 bankruptcy protection as it continues its search for a lender to replace the shuttered Tennessee
New owners revamp ‘run down’ Days Inn near Oneida Lake
CICERO — SUN Development and Hospitality Management (SUNdhm) knew it had a major project on its hands when it purchased the Days Inn Brewerton/Syracuse/Airport hotel late last year. “It was run down pretty badly,” says Kayur Patel, vice president, COO, and co-owner of Cicero–based SUNdhm. “We couldn’t just throw wallpaper up and walk away.” The
Federal grants to fund Syracuse, Ithaca airport improvements
The U.S. Department of Transportation is making grants to Syracuse Hancock International Airport and Ithaca Tompkins Regional Airport to combat winter weather. The Syracuse airport
New charter jet service coming to Rome in September
ROME — A Miami–based company plans to launch a new executive charter jet service flying from Rome’s Griffiss International Airport in September. Catalina Aerospace Corp.
Governor signs tax credit targeting Upstate post-production film work
A law signed today by Gov. Andrew Cuomo to expand New York state’s film tax credit includes an extra credit for Upstate post-production work. The
Texas company to acquire five Upstate television stations
Irving, Texas–based Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) plans to acquire television stations serving the Syracuse, Binghamton, Elmira, and Watertown markets as part of a
Tops to acquire 21 stores from GU Markets
Tops Friendly Markets has agreed to acquire 21 supermarkets in upstate New York and Vermont in a transaction expected to close by fall of this
FRANKFORT — A grant of more than $113,000 from the state’s Regional Council economic development initiative will help expand the Frankfort Marina. The project, announced
Youth golf event should bring boost to area
BINGHAMTON — From hotel guests to diners, the upcoming USGLL (U.S. Golf Local League) National Championship should benefit area businesses and the local economy, organizers
Bauer plans expanded Clay production for Cascade
CLAY — Bauer Performance Sports Ltd. (TSX: BAU) will take a shot at expanding manufacturing in the Syracuse area after completing a lacrosse power play and acquiring a Clay–based helmet maker. Exeter, N.H.–based Bauer paid $64 million for Cascade Helmets Holdings, Inc. in a deal that closed June 29. The transaction allows Bauer to jump
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