Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Tickets for 2023 PGA Championship in suburban Rochester are sold out
PITTSFORD, N.Y. — The upcoming PGA Championship at Oak Hill Country Club in Pittsford has sold out its ticket allotment. An estimated 225,000 spectators are
Lockheed Martin Owego wins nearly $30 million Navy order modification
OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego has been awarded a more than $29.5 billion firm-fixed-price modification to an order against a previously-issued basic ordering agreement. This adjustment exercises options to procure 228 Generation 3i/5i mission computers (MCs) (210 for the Navy, 11 for the government of Australia, four for the
UHS Wilson Medical Center tower project progresses
JOHNSON CITY, N.Y. — Construction on the UHS Wilson Medical Center’s six-story expansion project is more than 25 percent complete with work moving forward on the 183,375-square-foot main tower that will serve as the new front entry for UHS’ health and medical services. With the majority of the structural steel in place as of February,
Bassett, Oneonta YMCA partner to keep FoxCare Fitness open
ONEONTA, N.Y. — Bassett Healthcare Network and A.O. Fox Hospital announced they have reached an agreement with the Oneonta Family YMCA to keep FoxCare Fitness open to the public. Beginning June 6, Bassett will lease the space to the YMCA, which will operate the facility without any disruption in service, the health-care system said in
Visions holds annual meeting, announces board appointments
ENDWELL, N.Y. — Visions Federal Credit Union elected three directors to its board of directors during the credit union’s 57th annual meeting, which was held recently at its headquarters located in Endwell. In addition, a special reorganization meeting following the annual meeting included the election of new officers and appointments, per an April 11 news
Community Bank earnings drop after securities-sale losses
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU), parent company of Community Bank, N.A., recently reported that its earnings plummeted in the first quarter, with net income falling nearly 88 percent to $5.8 million from $47.1 million a year ago, in the wake of a balance-sheet repositioning. Earnings per share dropped nearly as much,
AmeriCU CEO says the credit union remains financially strong
ROME, N.Y. — Rome–based AmeriCU Credit Union “remains financially strong and well-capitalized.” That’s part of the message that Ronald Belle, president and CEO of AmeriCU, delivered to the credit union’s annual membership meeting held March 13. John Stevenson, chairman of the AmeriCU board of directors, also addressed the current membership on the credit union’s financial
Berkshire Bank parent’s Q1 net income rises 37 percent
Berkshire Hills Bancorp (NYSE:BHLB) — the parent company of Berkshire Bank, which has a major presence in the Mohawk Valley — reported first-quarter net income of $27.6 million, or 63 cents a share, up nearly 37 percent from $20.2 million, or 42 cents, in the year-ago quarter. While the results matched those forecast by Zacks
Visions FCU opens newly rebuilt branch in Tioga County
NEWARK VALLEY, N.Y. — The newly reconstructed branch office of Visions Federal Credit Union (FCU) in Newark Valley in Tioga County is now open. The branch opening concludes a year-long project to tear down and rebuild the structure at 7198 State Route 38, Visions FCU said in its April 5 announcement. The new office includes
NBT Bancorp’s first-quarter earnings dip 14 percent
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) reported net income of $33.7 million, or 78 cents per share, in the first quarter of 2023, down nearly 14 percent from $39.1 million, or 90 cents, in the year-ago quarter due to securities losses and acquisition expenses. “NBT’s first-quarter results reflect the strength of our balance
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.