Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
NUAIR to integrate communication network into drone corridor between Syracuse and Rome
SYRACUSE, N.Y. —NUAIR says it plans to integrate a communication infrastructure mesh (CIMTM) system concept into the 50-mile drone corridor between Syracuse and Rome. The
Keaton & Lloyd Bookshop formally opens in Rome Arts District
ROME, N.Y. — Keaton & Lloyd Bookshop, LLC recently formally opened in the Rome Arts District. The new bookstore at 236 W. Dominick St. held a grand-opening event on Thursday, Oct. 21 with the Rome Area Chamber of Commerce. Jason Tockey, executive director of the Rome Art & Community Center, presented a “First Dollar of
Brown & Brown Insurance boosts quarterly dividend by nearly 11 percent
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash dividend of 10.25 cents a share. The dividend is payable on Nov. 17 to shareholders of record on Nov. 3, the insurance agency said in a news
Fountainhead Group breaks ground on Frankfort distribution center
FRANKFORT, N.Y. — The Fountainhead Group, Inc. broke ground Oct. 13 on its new central distribution center to be built in Frankfort in Herkimer County. “This new distribution center comes on the heels of explosive growth over the past two years when The Fountainhead Group discovered its technology could support the fight against the COVID-19
Site-Seeker president sees opportunity, growth with HQ move
UTICA, N.Y. — Even amidst a pandemic, which in the minds of many has diminished the importance of physical workplaces, digital-marketing firm Site-Seeker recently unveiled its new headquarters in downtown Utica, moving from nearby New Hartford. “For those who do like the office environment [and] being with your teammates every day, we knew that we
SEFCU to expand through a merger in 2022
ALBANY, N.Y. — The planned merger of Albany–based SEFCU, which operates branches in Central New York, and CAP COM is still on track for completion in 2022. That’s according to Ken Jubie, VP of communications and public relations at SEFCU. Both SEFCU and CAP COM, another federal credit union headquartered in New York’s Capital Region,
Tompkins promotes Dresser to mortgage-loan officer
ITHACA, N.Y. — Tompkins Trust Company recently announced it has promoted Kristina Dresser to residential mortgage-loan officer. With 15 years of experience in the financial industry, Dresser has served as assistant branch manager of Tompkins Trust Company’s Trumansburg office for six years. In her new role, Dresser will be responsible for assisting customers throughout their
Horizons FCU is now a division of Empower FCU
SYRACUSE, N.Y. — Horizons Federal Credit Union of Binghamton has merged its operations with Syracuse–based Empower Federal Credit Union in a deal that took effect Oct. 1. The signage at the four current Horizon branches and the one Empower location in the Southern Tier on Oct. 1 changed to Horizons, a division of Empower Federal
Northern Credit Union campaign supports Carthage Area Hospital Foundation
CARTHAGE, N.Y. — Watertown–based Northern Credit Union recently presented the Carthage Area Hospital Foundation (CAHF) with a check for $2,050 from its reopening campaign for its relationship center in Carthage. The Sept. 14 presentation followed the credit union’s campaign in which anyone who opened a new checking account or loan would be able to choose
Community Bank purchase of ESB to give it Southern Tier boost
DeWITT, N.Y. — Community Bank System, Inc.’s (NYSE: CBU) recently announced $83 million agreement to acquire Elmira Savings Bank (ESB) will strengthen and deepen its reach in the Southern Tier, particularly the Corning-Elmira-Ithaca corridor. DeWitt–based Community Bank System announced Oct. 4 that it would acquire ESB (NASDAQ: ESBK), which has total assets of nearly $649
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.