Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Herkimer County IDA receives more than $4M state grant for Schuyler Business Park improvements
SCHUYLER, N.Y. — The Herkimer County Industrial Development Agency (HCIDA) recently received $4.37 million from the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) grant program to make improvements at its Schuyler Business Park. HCIDA will use the funds toward a $5.1 million project to install a 500,000-gallon water-storage tank to ensure adequate water […]
Tompkins Financial to pay quarterly dividend of 60 cents on Nov. 15
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 60 cents a share for the latest quarter. The dividend is payable on Nov. 15, to common shareholders of record on Nov. 7. At Tompkins Financial’s current stock price, the
Oneida County hotels post slight rise in guests in September
UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) edged up 1.1 percent to 67.1 percent in September from the year-prior month. That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Year to date through September, occupancy was up 1.5 percent to 61.8
Turning Stone closes out successful golf season
VERONA, N.Y. — As Turning Stone Resort Casino ramps up a $370 million project to renovate and expand the resort, it closes out the 2023 golf season with double-digit increases in the number of overnight golf guests and number of rounds played on its three 18-hole golf courses. The resort says it saw a 40
CNY region jobless rates rise in September versus a year ago
Unemployment rates are rising slightly from low levels in all six Central New York sub-regions, according to a recent state report. The jobless rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira areas were all higher in September compared to September 2022. The non-seasonally adjusted figures are part of the latest New York
Viewpoint: Clinton native serves with a Navy tilt-rotor aircraft squadron
Lt. j.g. Ian Foxton, a native of Clinton, in Oneida County, serves the U.S. Navy as a member of Fleet Logistics Multi-Mission Squadron (VRM) 30 located in San Diego, California. Foxton joined the Navy four years ago. Today, Foxton serves as a naval aviator at Fleet Logistics Multi-Mission Squadron 30. “I joined the Navy because
New SUNY Poly president outlines plans for college
MARCY, N.Y. — He may be nervous about his upcoming first Mohawk Valley winter, but Winston Oluwole Soboyejo is anything but anxious about his new role as SUNY Polytechnic Institute’s seventh president. Soboyejo began in the post on Oct. 2, succeeding Officer-in-Charge Andrew Russell. After serving as a professor at Princeton University for about 17
MVCC names conference room after trustee emeritus
ROME, N.Y. — The Mohawk Valley Community College (MVCC) Foundation hosted a ceremony on Nov. 2 to name the conference room in the Plumley Complex at the college’s Rome campus after Russel C. Fielding, a trustee emeritus and 2023 MVCC Hall of Fame inductee. Fielding named the foundation in his will when he died in
Work begins on Binghamton airport-modernization project
MAINE, N.Y. — Work is officially underway at the Greater Binghamton Airport on a $47.8 million modernization project, Gov. Kathy Hochul’s office announced. The project
Excellus awards quality improvement incentive payments to area hospitals
UTICA, N.Y. — Excellus BlueCross BlueShield has awarded $818,254 in quality improvement incentive payments to eight hospitals in the Utica–Rome and North Country regions as
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