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Berkshire Bank parent company to pay Q4 dividend of 18 cents in late November
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on Nov. 27, to shareholders of record as of […]
Corning Inc.’s Canton plant to create up to 130 jobs
It comes after winning $32 million in CHIPS funding CANTON — More manufacturing jobs are on the way for the Canton plant of Corning Incorporated (NYSE: GLW). The company has reached an up to $32 million preliminary memorandum of terms (PMT) funding
Firm that recently expanded into Utica plans more growth
Just months after opening a satellite office in Utica, architecture and engineering-design firm CSArch has inked a new partnership deal that will fuel more growth at the Albany–based firm. CSArch finalized a partnership deal on Oct. 31 with Signal Hill Equity Partners, a Canadian middle-market private-equity firm that focuses on investing in regulated and essential-service
Upstate N.Y. Energy Storage Engine CEO starts position
VESTAL — An engineer with “decades of experience in industry and higher education” is now serving as the CEO of the Upstate New York Energy Storage Engine that Binghamton University leads. Meera Sampath previously served as the associate dean of research in Binghamton’s Thomas J. Watson College of Engineering and Applied Science, according to its
Utica University Nexus Center chalks up win for Oneida County
UTICA — Two years after opening, the Utica University Nexus Center is not just meeting Oneida County’s expectations, but also exceeding them, the county’s leader says. First announced in 2017, the $64 million sports complex opened in November 2022, and has been busy ever since, according to Oneida County Executive Anthony J. Picente, Jr. “In
Q3 earnings slip at Chemung Financial as new branch opens
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently reported net income of $5.7 million, or $1.19 per share, in the third quarter, down 25 percent from $7.6 million, or $1.61 per share, in the year-ago quarter. However, the latest quarter’s results were an improvement over Chemung Financial’s net
Turning Stone opens redesigned Sportsplex
VERONA — Turning Stone Resort Casino on Nov. 8 celebrated the grand reopening of its renovated Sportsplex, which features a new indoor golf range, pickleball facility, and more. Renovated as part of the $370 million renovation project at Turning Stone, the Sportsplex also includes retail options and other amenities, the resort announced. “With the brand
Naturally Lewis wins tourism award for Tug Hill visitor guides
LOWVILLE — Naturally Lewis, Inc. has been awarded a New York State Tourism Industry Association Tourism Excellence Award for the 2024 Discover Tug Hill Visitor Guides. It received the honor at the 2024 New York State Tourism Industry Association Tourism Excellence Summit at the Canfield Casino in Saratoga Springs, according to a Sept. 13 announcement.
St. Lawrence County Chamber honors three businesses at annual dinner
POTSDAM — The St. Lawrence County Chamber of Commerce (STLC) recognized three businesses for their achievements during its annual dinner held on Oct. 23 at The Stables at Windy Point in Potsdam. The winners were: Hosmer’s Marina of Ogdensburg; Currant Renewable Energy, LLC of Massena; and Summit SHRED LAB and Storage of Potsdam. Besides the
Snowmobile club official in Mohawk Valley arrested for stealing $8,000
STRATFORD, N.Y. — A Fulton County snowmobile club official was charged with stealing more than $8,000 from the club and doctoring records to secure grant money, New York State Comptroller Thomas P. DiNapoli and Fulton County District Attorney Mike Poulin announced. Chad Daley, 52, was charged with third-degree grand larceny, first-degree offering a false instrument
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