Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Excellus BCBS, FamilyCare Medical Group reach contract agreement
DeWITT, N.Y. — Excellus BlueCross BlueShield (Excellus BCBS) and Syracuse–based FamilyCare Medical Group (FCMG) on Thursday announced a new contract agreement effective Jan. 1, 2025.
Finger Lakes Land Trust purchased land along Black Diamond Trail
ULYSSES, N.Y. — The Finger Lakes Land Trust (FLLT) announced it purchased 23 acres in the town of Ulysses in Tompkins County from the Cayuga Nature Center. The property, which is a mix of meadows and woodlands, is located along the Black Diamond Trail at the Houghton Road crossing. The FLLT intends to transfer the
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
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
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
Excellus BCBS, WellNow reach new provider contract agreement
More than a year after a contract dispute surfaced between Excellus BlueCross BlueShield (Excellus BCBS) and WellNow Urgent Care, the two entities have executed a
Corning Inc. awarded $32M in CHIPS funding for Canton plant, creating up to 130 manufacturing jobs
CANTON, N.Y. — Corning Incorporated (NYSE: GLW) has reached an up to $32 million preliminary memorandum of terms (PMT) funding agreement with the U.S. Department
New York City firm wins $1 million grand prize in Grow-NY competition in Ithaca
ITHACA, N.Y. — Unibaio of New York City is the $1 million grand-prize winner of the sixth annual Grow-NY business competition. The funding was awarded at the Grow-NY Summit, a two-day event in Ithaca where finalists pitched their business plans to a panel of expert judges, Empire State Development (ESD) said in its Thursday evening
Broome County approves 2025 budget
BINGHAMTON, N.Y. — The Broome County Legislature approved the 2025 county budget on Nov. 7, bringing the sixth consecutive property-tax-rate reduction to county residents. The
Preferred Mutual Insurance names two new board members
NEW BERLIN, N.Y. — Preferred Mutual Insurance Company recently announced the appointments of Laura M. Casamento and Nicole C. Woodall to its board of directors.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.