Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
NBT appoints Mahoney president of wealth management
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced it has appointed Ruth H. Mahoney as its executive VP and president of wealth management. Mahoney,
Picente says Oneida County COVID-19 cases rising, points to concerning trends
UTICA, N.Y. — The number of COVID-19 cases are rising in Oneida County, reaching 97 on Thursday, the highest number recorded since Jan. 29. Oneida
UTICA, N.Y. — The man who founded PAR Technology of New Hartford and his wife have donated $1 million to “enhance and grow” a Utica
Lockheed Martin Owego wins $34M contract modification from Navy
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant was recently awarded a modification to a previous contract from the United States Navy that is worth up to $34.4 million. This modification adds scope to provide integration and installation of a Hellenic Navy System configuration on three USN8 time configuration remote sensors for aircraft, according
Jefferson County hotel-occupancy rate rises nearly 48 percent in July
WATERTOWN, N.Y. — Hotels in Jefferson County were substantially fuller in July compared to a year ago, as the hospitality industry continues to recover from the pandemic, according to a recent report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 47.6 percent to 68.8 percent in July, according
Oneida County hotel occupancy increases almost 46 percent in July
UTICA, N.Y. — Oneida County’s hotels continued to see a rebound in guests in July as consumers and business travelers return following the pandemic-induced slowdowns. The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) jumped 45.7 percent to 71.5 percent in July, compared to the same month in 2020. That’s according to
Commerce Chenango to honor BuildBlockCNY, others during annual luncheon in September
NORWICH, N.Y. — BuildBlockCNY LLC of Sherburne will be receiving the “Excellence in Small Business” award from Commerce Chenango. BuildBlockCNY is a national distributor for BuildBlockBuilding Systems and related modern green-building products in New York state and Northern Pennsylvania. The company says it specializes in insulated concrete forms. BuildBlockCNY is among the companies that Commerce
Cold Point formally opens new manufacturing plant in Rome
ROME, N.Y. — Cold Point Corporation recently formally opened its new 50,000-square-foot, $5.1 million manufacturing facility on a former brownfield site in Rome. Company executives, elected officials, and others cut the ribbon in a ceremony held July 29 at the plant, located at 510 Henry St. in Rome. The facility’s construction was handled by C2C
New York’s closed home sales climb in July as pending sales dip
ALBANY, N.Y. — New York realtors 13,765 previously-owned homes in July, up nearly 33 percent from the 10,384 homes they sold in July 2020. However, pending sales in July fell by nearly 13 percent, indicating that the pace of closed home sales may moderate in the coming months. The data comes from the New York
Five Star Bank relocates its branch in Elmira
ELMIRA, N.Y. — Five Star Bank is now operating in a new 2,400-square-foot branch in Elmira, a community it has served since 2012. That’s when it acquired the former HSBC branch at 150 Lake St. The banking company has since relocated that branch to 100 West Water St. and formally opened the new location on
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.