Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Speedy Awards relocates to Crossroads Plaza
NEW HARTFORD — Speedy Awards & Engraving, Inc. has a new home and plans to add some new products as the company’s owners work to continue the growth they generated in 2011. Speedy co-owners Anthony (Tony) and Lyn Taurisano, who are brother and sister, found out in September they would need to find a new […]
PAR completes sale of logistics-management subsidiary
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) completed the asset sale of its PAR Logistics Management Systems (PAR LMS) subsidiary to ORBCOMM, Inc. (NASDAQ: ORBC) on Jan. 12. The sale is valued at about $6 million in cash and ORBCOMM common stock, with the potential for an additional earn-out of $4 million. “We are
Utica-Rome consumer confidence rises in Q4 2011
Area still has lowest confidence in the state Utica-Rome–area residents increased their willingness to spend in the fourth quarter of 2011 along with consumers in most other parts of the state. Overall consumer confidence in the Utica-Rome metropolitan statistical area (MSA) rose 3.7 points to 56.2, according to the Quarterly Consumer Confidence Survey from
Business-to-business predictions
AIR INNOVATIONS 7000 Performance Dr., North Syracuse, NY 13212 – Website: www.airinnovations.com – Products/Services: Air Innovations designs and builds specialty air conditioning, refrigeration, and environmental-control products and systems for end users and original equipment manufacturers around the world. – Total Employees: 45 – Top Executive: Michael Wetzel, president & CEO – 2011 Annual Revenue: $9
CVI takes over Sheltered Workshop services
BINGHAMTON — Johnson City–based Country Valley Industries (CVI) has taken over as service and contract provider for Sheltered Workshop’s location at 203 Court St. in Binghamton. “They were a long-standing organization that provided services to the same population we service,” says David Markie, vice president at CVI. When Sheltered Workshop decided not to continue services,
Upstate New York pays the state less in taxes and other revenue than it receives back in state expenditures, according to a report from the Nelson A. Rockefeller Institute of Government at the University at Albany. About 24 percent of taxes and revenues collected by New York state in 2010 came from the upstate region, according to
Health-Care Capitation: What Goes Around, Comes Around
“Necessity is the mother of invention.” — Anonymous Back in 1996, when I was young and optimistic, I wrote a column about the evils and “benefits” of health-care “capitation” in a “managed-care” model. This column will prove, once again, that “what goes around, comes around.” And, not always with desirable results. Read on. First, a definition: capitation
Legends Golf Center upgrades tees, adds new simulator
UNION — The owners at Legends Golf Center, LLC were busy this fall upgrading the facility and adding new equipment to give golfers plenty of chances to work on their swing during the long, cold winter months. Work has finished on the renovation of four of Legends’ nine covered outdoor tees to fully enclose and
Seifter to become St. Joseph’s Hospital general counsel
SYRACUSE — Lowell Seifter will step down from the law firm that bears his name at the end of January and head to the hospital. Seifter, an attorney and one of the founding members of Green & Seifter, Attorneys, PLLC in Syracuse, will not be in a patient’s room, though. He is joining St. Joseph’s
N.Y. manufacturers’ business conditions improve again in January
New York manufacturers reported improving business conditions in January, including increasing orders and higher selling prices, according to a survey from the Federal Reserve Bank of New York. The January 2012 Empire State Manufacturing Survey’s general business conditions index rose 5.3 points to 13.5. That beat market expectations of 10 for the index, according to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.