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First American Realty moves to new office in Owego
OWEGO — First American Realty has relocated across town to 54 Central Ave. in Owego. The firm will formally open this office, which is located
Anaren to go private with $381 million sale to Veritas
DeWITT — Anaren, Inc. (NASDAQ: ANEN) will become a private company with its planned sale to a New York City private-equity firm, and Anaren leaders say that will offer the technology firm some competitive advantages. Veritas Capital, an affiliate of Veritas Capital Fund IV, L.P., is acquiring DeWitt–based Anaren in a cash transaction worth about
National Electrical Systems moves to new Rome office
ROME — National Electrical Systems, Inc. (NESI) started and has a long history in Boonville, but the company also has some roots in Rome. That’s part of what made Rome the perfect choice as the site of the company’s new headquarters. On Aug. 28, NESI moved from its 4,800-square-foot former headquarters facility on Route 12
Hardinge profit declines 63 percent in third quarter
ELMIRA — Hardinge, Inc. (NASDAQ: HDNG), an international manufacturer of advanced metal-cutting tools, reported that its profit fell 63 percent in the third quarter as acquisitions couldn’t offset declining internal sales. The Elmira–based manufacturer, which generates three-fourths of its sales outside North America, posted net income of $1.5 million, or 13 cents a share, in
Greater Binghamton Chamber launches revamped website
BINGHAMTON — The Greater Binghamton Chamber of Commerce recently unveiled its newly redesigned website, which it says is designed more effectively to highlight the chamber’s
Hunter R. Rawlings III joins GiveGab board
ITHACA — GiveGab, the Ithaca–based social network for volunteers, has appointed Hunter R. Rawlings III to its board of directors, effective immediately. Rawlings is the
Visions Federal Credit Union announces merger with Pa. credit union
ENDWELL — Visions Federal Credit Union today announced that CTCE Federal Credit Union (CTCE) of Reading, Pa. will “merge with, and into” Visions. The
Elmira Savings Bank’s expansion into Broome County was “next logical step,” Carr says
VESTAL — Elmira Savings Bank (NASDAQ: ESBK) recently established a physical presence in Broome County by opening an office in Vestal that focuses on making residential mortgage loans. The limited-service, loan-production office, located at 3439 Vestal Parkway E. in Vestal, opened on Sept. 3. “We just looked at that Binghamton market as the next logical
Chemung Canal Trust names Krebs new CFO
ELMIRA — Chemung Canal Trust Co. announced Oct. 17 that Karl F. Krebs has joined the bank’s management team as chief financial officer and treasurer. He was also appointed CFO and treasurer of parent company Chemung Financial Corp. (NASDAQ: CHMG). Krebs, who has more than 30 years of banking experience, began his career in 1982
NBT Bancorp reports higher Q3 profit, increases cash dividend
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) on Monday reported net income of more than $19 million, or 44 cents per diluted share, in the
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