Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Preferred Mutual’s Raue named to RISE advisory board of directors
NEW BERLIN, N.Y. — Preferred Mutual Insurance Company announced that Michelle Raue, its senior VP and chief claims officer, was recently appointed to the Rising Insurance Star Executive (RISE) advisory board of directors. RISE provides young professionals entering the insurance industry with resources to help them build a successful career through networking, mentorships, training, education, […]
Community Bank Trust Services changes name to Nottingham Trust
DeWITT, N.Y. — Community Bank Trust Services, the personal trust and custodial services provider subsidiary of Community Bank System, Inc. (NYSE: CBU), underwent a name change in August to Nottingham Trust. The change comes almost a year after the creation of Nottingham Wealth in late 2022. Nottingham Wealth combined the financial planning and investment capabilities
Utica Mutual Insurance names new board member
UTICA, N.Y. — Tiffany L. Hawkins, COO of Momentum Advisors and founding partner of the Franklin Morgan Private Equity Fund, has been elected to the board of directors of Utica Mutual Insurance Company, the lead company of the Utica National Insurance Group. Hawkins joined the minority-owned wealth-management firm Momentum Advisors in 2014 as managing director
Panera opens new location in Oakdale Commons
JOHNSON CITY, N.Y. — Panera Bread — a chain of about 2,000 bakery-café, fast-casual restaurants — has formally opened a new eatery in Oakdale Commons at 615 Harry L Drive, bringing another restaurant option to the revitalizing area. Frank Gatto, area operating partner, says he is excited to bring another Panera location to the greater
New York manufacturing activity bounces back in September
The Empire State Manufacturing Survey general business-conditions index rebounded into positive territory by rising 21 points in September to 1.9. The index had plummeted 20 points in August to -19 after declining six points in July to 1.1. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. The September reading —
Rekord Structures expands in Binghamton area after acquisition
BINGHAMTON, N.Y. — Rekord Structures, LLC purchased the Eureka! military and commercial tents product lines from Johnson Outdoors, Inc. earlier this year as it works to expand its operations in the greater Binghamton area and U.S. Formed in Poland more than 25 years ago, Rekord has focused on engineering and structural manufacturing of various structures
N.Y. home sales continue falling in August with 19% decline
ALBANY, N.Y. — New York realtors sold 11,310 previously owned homes in August, down 18.8 percent from the 13,922 existing homes sold in August 2022. Pending sales also fell more than 11 percent, pointing to further declines in closed home sales in the next couple months. That’s according to the August monthly housing report that
Samaritan Medical Center expands ED secure behavioral health unit
WATERTOWN, N.Y. — The emergency department (ED) at Samaritan Medical Center in Watertown is undergoing a construction project to expand and enhance the care of psychiatric patients within the secure behavioral health unit (BHU). The hospital says it needs the expansion as the average daily census of patients has been “consistently exceeding” physical space. The
SUNY launches task force on health-care worker shortage
It includes Upstate Medical, Binghamton–area university leaders ALBANY, N.Y. — SUNY’s new task force on New York’s health-care worker shortage includes the leaders of Upstate Medical University in Syracuse, Binghamton University, and SUNY Broome Community College. Dr. Mantosh Dewan, president of Upstate Medical University; Harvey Stenger, president of Binghamton University;
Cayuga Medical Center opens urology unit
ITHACA, N.Y. — Cayuga Urology is now open at Cayuga Medical Center on Dates Drive in Ithaca. “We are excited to welcome urology as one of our Cayuga Health services,” Cayuga Health VP of Ambulatory Services Jeff Penoyer said in a press release. Urologist Dr. Jason Cohen offers advanced urologic care, including medical and surgical
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.