Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Upstate consumers grow more confident about current conditions in May
Not as optimistic about the futureUpstate consumers tapped a well of current confidence in May, buoying their willingness to spend, according to a monthly poll from the Siena (College) Research Institute (SRI). SRI’s overall consumer-confidence index for upstate New York edged up 3.3 points to 74.7. It nearly breached the index’s break-even point of 75. […]
HERKIMER — Licari Motor Car, Inc. is making strides in 2012 — including a new service department and expanded service and showroom facility — that should boost business for the Herkimer–based auto dealer. In early March, Licari opened a four-bay NAPA Auto Care Center at its facility on Route 28 in Herkimer and hired two
Construction survey finds Upstate’s troubles persist
The construction industry in upstate New York continues to experience hard times, according to a new survey from Rochester–based The Bonadio Group. Nearly a quarter of upstate construction companies, 24 percent, are losing money, according to Bonadio’s 2012 Upstate New York Contractors State of the Industry Study. The accounting, business-advisory, and financial-services group, which has
Downtown Ithaca Alliance picks candy, clothing stores in Race for the Space
ITHACA — A candy shop and clothing store, tabbed as the winners of the Downtown Ithaca Alliance’s “Race for the Space” free-rent competition, will bring missing elements to the city’s downtown, predicts the organization’s executive director. “When we looked at our criteria, not only were we looking for great businesses, we were looking for great
Consultant: Firms need to be savvy about complying with ID-theft rules
NEW HARTFORD — Federal “red flag” regulations that help provide protection from identity theft have been in effect since 2007.But a recent uptick in enforcement to make sure businesses are complying means that firms need to make sure that if they need to comply, they are doing so, says one local compliance expert. Any businesses
TCAD president to serve as chair of statewide council
ITHACA — The president of Tompkins County Area Development (TCAD) has been elected chairman of the New York State Economic Development Council. Michael Stamm will serve
Little Falls Hospital begins renovation project
LITTLE FALLS — Work has already begun as Little Falls Hospital undertakes a $12.3 million expansion and renovation project to meet rising demand for outpatient services. The project will focus on the hospital’s surgical suite as well as radiology, cardiology, and rehabilitation services. Hospital CEO Michael Ogden says the hospital, located at 140 Burwell St., has
State commercial realtors association confab set for Turning Stone June 18-20
VERONA — The New York State Commercial Association of Realtors (NYSCAR) will hold its 11th annual New York State Commercial Real Estate Conference June 18-20
Rochester architecture/engineering firm opens Binghamton office
BINGHAMTON — A contract to inspect bridges for the state led Rochester–based Popli Design Group (PDG) to open a new office at 7 S. Washington
Peoples to deregister with SEC to save on compliance costs, time
HALLSTEAD, Pa. — Peoples Financial Services Corp. is one of at least two dozen community banks that will deregister with the Securities and Exchange Commission
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.