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Uses “landmark” $5 million donation VESTAL — Binghamton University graduate Thomas Secunda is providing the school a financial gift that it […]

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Uses “landmark” $5 million donation

VESTAL — Binghamton University graduate Thomas Secunda is providing the school a financial gift that it calls a “landmark” donation.

Secunda — a 1976 graduate who later earned his master’s degree from Binghamton in 1979 — is the co-founder of Bloomberg L.P.

Binghamton University will use the $5 million donation to attract, recruit and retain tech talent, creating a pipeline for students to participate in the artificial intelligence (AI) economy of the future.

“As a Binghamton University alumnus, I’m proud to champion novel tech advancement and AI infrastructure at my alma mater,” Secunda said in the school’s announcement. “Embracing AI will not only unlock new opportunities for New York, but it will also catalyze the emergence of innovative jobs in uncharted industries with the potential to make our state the Silicon Valley of AI development. I urge the legislature to support opportunities for New York’s students to lead responsible AI research that will have the tremendous potential to improve the lives of all New Yorkers.”

Binghamton University notes that the funding is “contingent upon the passage” of Empire AI in the 2025 New York state budget and would support the SUNY school’s participation in Empire AI research and development.

Empire AI — which Gov. Kathy Hochul proposed and included in the Senate and Assembly one-house budget proposals — will establish a state-of-the-art AI computing center in Buffalo.

“Binghamton University sees tremendous potential for exciting research, education and economic development opportunities related to the Empire AI initiative,” Binghamton University President Harvey Stenger said. “We are thrilled that Tom Secunda is choosing to support Binghamton so generously within this transformational area of research. Tom visited campus recently with Governor Hochul and met with faculty studying how to use AI to solve important societal issues ranging from healthcare to information security. His gift will advance Binghamton’s research efforts and Empire AI will provide essential links to other institutions across the state.”

Empire AI will be the “first project of its kind in the country, with research geared toward the public good and overseen by educational institutions, placing New York in the driver’s seat for future AI development,” Binghamton University said in its announcement.

University researchers are already working on a number of projects that use AI to tackle important societal issues. They range from protecting power systems from malicious attacks to developing a robotic seeing-eye dog for people who are blind.

“This generous commitment from groundbreaking leader and SUNY alumnus Tom Secunda is a testament to the results, promise and potential of research at Binghamton University,” SUNY Chancellor John King Jr. said in a news release. “SUNY’s university centers, including Binghamton, are at the forefront of researching and designing artificial intelligence applications to advance the public good. We are excited about the opportunities Empire AI will create for SUNY to lead on AI – from healthcare to climate resilience, and from educational interventions for students with disabilities to ethics and information integrity.”

About Empire AI

The Empire AI consortium includes SUNY (including Binghamton University), the City University of New York, Columbia University, Cornell University, New York University, Rensselaer Polytechnic Institute, and the Flatiron Institute.

It will lead the development for responsible AI that is “focused on serving the people of New York first.” New York’s leading institutions will use the center to promote responsible research and development, create jobs, and unlock AI opportunities across the state, Binghamton University said.

Smith Brothers eyes architect and engineer niche with latest merger

Construction, Design & Real Estate, Manufacturing & Engineering, Subscriber Only

Smith Brothers Insurance, a Connecticut–based insurance broker with New York offices in Owego, Vestal, Waverly, and Rensselaer, recently merged another Connecticut company into its operations. It’s a move that makes the company one of the largest advisors and brokers for architects and engineers in the northeast. With the merger, Maloney & Company, LLC, in Guilford,

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With the merger, Maloney & Company, LLC, in Guilford, Conn., along with Michael J. Maloney, principal, and his team are now part of Smith Brothers Design Professional team, led by Principal Scott Smith.

Maloney’s niche in architecture and engineering dovetails nicely with Smith’s New York niche of public entities, school districts, and municipalities, says Partner Michael Constantine.

“There’s a lot of synergies there,” he says.

The merger is one that makes sense, Partner Jared Carillo says. Maloney specialized in architecture and engineering, fitting smoothly into Smith Brothers’ architect and engineer vertical line. The two companies, in fact, have been friendly competitors for years, he adds.

“I am delighted my team and I will be joining Smith Brothers,” Michael Maloney said in a news release announcing the merger. “This combination will allow us to leverage the resources of Smith Brothers and expand the range of products and services we can offer our clients including health insurance, employee benefits, financial and retirement planning, success planning, surety, labor and HR compliance, and personal lines. By augmenting Smith Brothers’ existing design-professional program, we look forward to helping our existing and future clients even more fully as part of our combined operations.”

The merger is one of several Smith Brothers has made recently. Last September, the firm acquired the Palmer Family Insurance Agency in Marathon in Cortland County.

“We are in active growth mode,” Carillo notes.

Constantine says Smith Brothers is always looking for agencies to acquire, either because an owner is looking to retire or otherwise exit the business or because they want to grow their business but need help to do so.

“We’re really looking to be known as the buyer of choice,” he says.

“The buyer of choice, employer of choice, broker of choice,” Carillo adds. The company’s pillars are based on being a first-class employer and a first-class resource for clients.

Smith Brothers currently employs about 250 people across 12 office locations and is always looking to grow that number.

“We’re always on the lookout to find talent,” Constantine says.

Founded in 1971 by brothers Bob and Brian Smith, the company is a full-service agency and independent broker licensed in every state. Along with Connecticut and New York locations, it also has offices in Massachusetts and New Jersey.

NYS home sales rise for the first time in 30 months

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But inventory hits another record low ALBANY — New York home sales increased in year-over-year comparisons for the first time in more than two years in February, while the number of homes available for sale fell to another record low. That’s according to the monthly housing report that the New York State Association of Realtors (NYSAR)

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But inventory hits another record low

ALBANY — New York home sales increased in year-over-year comparisons for the first time in more than two years in February, while the number of homes available for sale fell to another record low.

That’s according to the monthly housing report that the New York State Association of Realtors (NYSAR) issued on March 21.

New York realtors sold 6,233 previously owned homes in February, up 0.6 percent from the 6,195 existing homes sold in February 2023. Additionally, pending sales rose nearly 5 percent in the second month of 2024, foreshadowing future increases in closed sales.

NYSAR cites Freddie Mac as indicating interest rates moved higher each week in February, averaging 6.78 percent on a 30-year fixed-rate mortgage. This is slightly up from the 6.64 percent rate in January. For comparison, a year ago, the interest rate stood at 6.50 percent. Freddie Mac is the more common way of referring to the Virginia–based Federal Home Loan Mortgage Corporation.

New York sales data

Pending home sales in New York totaled 7,864 in February, up 4.7 percent from the 7,511 pending sales in the same month in 2023, according to the NYSAR data.

The inventory of homes for sale in New York stood at 23,448 this February, down almost 17 percent from 28,170 in the year-earlier month. This marks the lowest number of homes for sale since statistics have been kept in New York state, NYSAR said. It also marks the 12th straight month in which inventory has dropped in year-over-year comparisons, the trade group added.

However, new listings rose 5 percent to 10,020 in the second month of this year from 9,541 new listings in February of last year.

The February 2024 statewide median sales price was $375,000, up nearly 4.2 percent from the February 2023 median sales price of $360,000.

The months’ supply of homes for sale at the end of this February stood at 2.6 months, down more than 7 percent from the 2.8 months’ supply at the end of February 2023, per NYSAR’s report. A 6-month to 6.5-month supply is considered a balanced market, per the association.

All home-sales data is compiled from multiple-listing services in New York, and it includes townhomes and condominiums in addition to existing single-family homes, according to NYSAR.

Lockheed Martin plant wins $27M Navy contract order

Manufacturing & Engineering, Subscriber Only, Technology

SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in the town of Salina has been awarded a $27.1 million firm-fixed-price delivery order under a U.S. Navy contract. It’s for the procurement of the submarine electronic-warfare system to include modernization kits, equipment, and installation. Work will be performed in the Lockheed facility, just north of

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MACNY to add Byrne to Wall of Fame, give award to Robillard

Manufacturing & Engineering, Subscriber Only

DeWITT — MACNY, The Manufacturers Association, will add Carl Byrne, president and CEO of Byrne Dairy, Inc., to its Manufacturers Wall of Fame. It will also recognize Tyler Robillard, director of engineering at Feldmeier Equipment, Inc., as this year’s Innovator of the Year. DeWitt–based MACNY, its members, and community leaders will honor both Byrne and

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DeWITT — MACNY, The Manufacturers Association, will add Carl Byrne, president and CEO of Byrne Dairy, Inc., to its Manufacturers Wall of Fame.

It will also recognize Tyler Robillard, director of engineering at Feldmeier Equipment, Inc., as this year’s Innovator of the Year.

DeWitt–based MACNY, its members, and community leaders will honor both Byrne and Robillard at MACNY’s 111th annual Celebration of Manufacturing on May 23 at the SRC Arena & Events Center on the campus of Onondaga Community College (OCC) in the town of Onondaga.

MACNY’s Manufacturers Wall of Fame is a group of manufacturing leaders who have been honored since the Wall of Fame’s inception in 2001. It celebrates individuals who have “demonstrated long-term dedication” to manufacturing in Central and Upstate New York.

The Innovator of the Year Award was created at the suggestion of MACNY members as a way to nominate and recognize individuals within a company who “consistently demonstrate forward thinking ideas” in the areas of technology, innovation, and advancement of products and production.

About Byrne

Over the years, Carl Byrne has taken Byrne Dairy from a small local milk company to a major dairy supplier throughout the U.S. and beyond.

As a member of the third generation of the Byrne family to operate the dairy, Carl began his career developing a customer base and managing a convenience store in the Rochester area, per the MACNY announcement.

As VP of sales, Byrne’s vision of moving into extended shelf life (ESL) dairy and non-dairy products resulted in the construction of the DeWitt facility in 2004.

Since becoming president and CEO in 2008, Byrne has overseen five expansions at the plant, which now includes more than 200,000 square feet of processing, production, packaging, and warehouse space, and employs more than 250 people. Additionally, Byrne has directed the growth of a sister ESL facility in Cortlandville and Byrne’s Ice Cream Center in Syracuse.

In 2021, at the height of the COVID-19 pandemic and “when other manufacturers were cutting back on employees and facilities,” MACNY says Byrne saw the opportunity to further expand the company’s footprint by entering the aseptic dairy market.

Using the “most technologically advanced” equipment available, Byrne is now producing shelf stable (no refrigeration needed) dairy products that can be shipped around the world.

Byrne Dairy marked its 90th anniversary in 2023 and has more than 550 employees, per the MACNY announcement.

About Robillard

Tyler Robillard has been with Feldmeier Equipment for 15 years, joining the company in 2009 after graduating from the University at Buffalo with a bachelor’s degree in mechanical engineering.

Within a few short years, Robillard grew the design-engineer role into a project engineering position.

Feldmeier is a manufacturer of custom hygienic equipment for production of pharmaceutical/biotech, food, dairy, beverage, and cosmetic products.

After successfully managing some of Feldmeier’s largest pharmaceutical projects, he was promoted to engineering manager, then most recently serving as director of engineering, MACNY said.

Robillard leads a team of 16 engineers that develops innovative components and products for Feldmeier’s customers. His name has been applied and attributed to patent filings beginning in 2018. Robillard is the co-inventor on two additional patent pending designs. These components are “revolutionizing the cleanability” of Feldmeier’s custom tanks and pressure vessels, specifically supplied to their pharmaceutical customers who require the most hygienic equipment and processes developing lifesaving treatments.

These innovations have helped Feldmeier become recognized as the “best and only company in the Western Hemisphere” to specialize in this level of sanitation processing, per the MACNY announcement.

Syracuse Stage starts search for new managing director

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SYRACUSE — The board of trustees and senior management of Syracuse Stage are developing a plan to find the theatre company’s next managing director. That plan will be announced soon, according to an April 2 Syracuse Stage announcement that Jill Anderson, its managing director since 2016, will leave the organization this summer after eight years.

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Jill Anderson PHOTO CREDIT: SYRACUSE STAGE WEBSITE

SYRACUSE — The board of trustees and senior management of Syracuse Stage are developing a plan to find the theatre company’s next managing director.

That plan will be announced soon, according to an April 2 Syracuse Stage announcement that Jill Anderson, its managing director since 2016, will leave the organization this summer after eight years.

Anderson is departing to become managing director of the Minneapolis Children’s Theatre Company, the nation’s largest and most acclaimed theatre for young people, the Syracuse Stage said.

“When she arrived in Syracuse, Jill brought with her the wisdom that comes from working with the best and brightest of the American Theatre, and she leaves Syracuse Stage with a foundation that will carry us well into the next 50 years,” Rocco Mangano, chair of the Syracuse Stage board of trustees, said in a statement. “Jill is both a keen administrator and a tireless champion for the arts, qualities that have made her not only a successful leader but a cherished colleague and friend. On behalf of the entire Board, I extend eternal gratitude for everything Jill has helped us accomplish.”

She will continue as managing director at Syracuse Stage for the remainder of the 50th anniversary season, concluding her eight-year tenure when she departs at the end of the company’s fiscal year in early July, per the announcement.

“Being part of Syracuse Stage and the Central New York community these last eight seasons has been a tremendous privilege,” Anderson said in a release. “I’m so proud of what Stage’s staff and board have built — upon an already strong foundation — and look forward to seeing a thriving Syracuse Stage in the years ahead.”

Located at 820 E. Genesee St. in the city, Syracuse Stage is the nonprofit, professional theatre company in residence at Syracuse University.

Anderson joined Syracuse Stage at about the same time that Robert Hupp started serving as artistic director in 2016. She was responsible for fundraising, marketing, and operational oversight during seven straight years of operating surpluses.

Her work to strengthen the company’s financial foundation helped Syracuse Stage maintain full employment during the pandemic while positioning the company for future growth, the organization said.

Under Anderson’s leadership — and in partnership with Hupp and the board of trustees — Syracuse Stage boosted its reputation as a leading regional theatre, the organization contends.

The company produced two world premieres which later transferred to Broadway. They included “Thoughts of a Colored Man” and “How to Dance in Ohio,” which “deepened its relationship” with other regional theatres and producers through co- and enhanced-productions and developed commissioned work from nationally recognized artists and playwrights — all while expanding its community engagement and educational programming for local patrons, students. and families, per the announcement.

“Together, we have increased Stage’s visibility locally and nationally, worked to secure the organization’s future, and mounted an extraordinary response through and since the pandemic,” Anderson said. “I am more grateful than I can express for the opportunity Syracuse Stage gave me in 2016, and for the relationships I will take with me into this next chapter as I return to the Upper Midwest.”

Besides her work with Syracuse Stage, Anderson taught theatre-management courses in the Syracuse University Department of Drama.

As part of the company’s 50th anniversary season, Anderson oversaw the launch of an “ambitious” fundraising campaign. It prioritized updating essential production equipment through capital investments, and the creation of a permanent education and community engagement fund to support vital programming for Central New York residents.

The company also established the Julie Lutz New Play Development Fund, with an inaugural gift of $1 million to be used for the creation of new work with a particular focus on sharing stories from underrepresented voices, Syracuse Stage said.

“While we celebrate this next chapter in Jill’s life and career, the news is bittersweet,” Hupp said. “It has been a highlight of my career to work in partnership with Jill these past eight seasons, and everyone at Syracuse Stage will miss Jill’s warm-hearted and thoughtful leadership.”

Le Moyne’s largest-ever alumni donation to put name on building

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Will also create scholarship fund SYRACUSE — A 1966 graduate of Le Moyne College has donated $12 million to the school, representing its largest-ever alumni donation. With the donation, Le Moyne will place a name on its College of Arts and Sciences, and the money will also benefit additional

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Will also create scholarship fund

SYRACUSE — A 1966 graduate of Le Moyne College has donated $12 million to the school, representing its largest-ever alumni donation.

With the donation, Le Moyne will place a name on its College of Arts and Sciences, and the money will also benefit additional academic elements, per the March 26 announcement.

James (Jim) Carroll donated the funding, so the College of Arts and Sciences is now the Dr. James J. ‘66 and Mary A. Carroll College of Arts and Sciences.

Le Moyne College President Linda LeMura announced the donation during a campus event that day, the school said.

During his days as a Le Moyne student, Jim Carroll was a double major in history and political science. Carroll recently retired from Syracuse University’s Maxwell School of Citizenship & Public Affairs, where he had served as a research associate professor since 1987.

“Coming from a modest background, I am humbled and proud to be able to contribute to the future success of Le Moyne, an institution that played an integral role in my personal and professional life,” Jim Carroll said. “The strong Jesuit education I received at Le Moyne stays with me to this day. My career in higher education has allowed me to understand the intrinsic value found in supporting faculty research and teaching and also the great need to provide resources for student scholarships.”

Additional donation impact

Besides placing the Carrolls’ name on the College of Arts and Sciences, portions of the donation will also support additional academic elements.

They include the Dr. James J. ‘66 and Mary A. Carroll Scholarship Fund, which will provide scholarships for students in need of financial assistance who enroll at Le Moyne as majors within the arts and sciences.

The funding will also benefit the Dr. James J. Carroll ‘66 Endowed Professor in Arts and Sciences, with preference given for disciplines in the humanities and social sciences.

It will also support the Mary A. Carroll Endowed Professor in Arts and Sciences, with preference to a Jesuit who is a member of the faculty.

The donation will also support the creation of the Carroll Visiting Scholar program.

In addition, the Carrolls’ gift will help fund the William J. Bosch, S.J. Teaching and Learning Center, which the school announced last week.

Jim Carroll background

Jim Carroll is a native of Binghamton and attended the former St. Patrick’s Academy, per the Le Moyne announcement.

Just two months before he began his studies at Le Moyne, his father passed away, leaving his mother to make the tuition payment. She was able to use her husband’s savings along with some stocks to pay for Carroll’s first year of college. During his time at Le Moyne, he worked multiple jobs both on and off campus to pay for tuition and living expenses, the school said.

After graduating from Le Moyne, Carroll then earned his master’s degree in social studies education at Syracuse University in 1970 and his Ph.D. in social sciences at Syracuse’s Maxwell School of Citizenship & Public Affairs in 1985.

He taught social studies at Bishop Ludden High School from 1967 to 1973 and at Westhill High School from 1973-1979. He also worked at the Syracuse University School of Education from 1983-1987.

Most of Carroll’s career in the 1980s and 90s involved conducting workshops on Project LEGAL a national constitutional law project he developed for elementary and secondary American history teachers and their students in hundreds of adoption schools in 34 states.

In recent decades, he has focused on conducting teacher workshops through his gifted education grants, focusing on public-policy skills for teachers and students in disadvantaged schools primarily in New York City. Le Moyne said.

The Carrolls married in 1967 and raised seven children, all of whom went on to professional success in various fields, including clinical psychology, social work, dentistry, education, law, and veterinary medicine.

CNYSME honors Morrisseau with 2024 Crystal Ball Award

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SYRACUSE — The Central New York Sales & Marketing Executives (CNYSME) will recognize Pierre Morrisseau, CEO of Syracuse–based OneGroup, with its prestigious Crystal Ball Award. The Crystal Ball Award is presented annually by CNYSME to a local businessperson or group of businesspeople in recognition of their contributions to the sales and marketing profession and for

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SYRACUSE — The Central New York Sales & Marketing Executives (CNYSME) will recognize Pierre Morrisseau, CEO of Syracuse–based OneGroup, with its prestigious Crystal Ball Award.

The Crystal Ball Award is presented annually by CNYSME to a local businessperson or group of businesspeople in recognition of their contributions to the sales and marketing profession and for their endeavors in the areas of community development and support.

CNYSME will present the award to Morrisseau on April 17 at the Marriott Syracuse Downtown during the annual Crystal Ball and Sales & Marketing Excellence Awards presentation and celebration.

Morrisseau is the 47th recipient of the award. He leads OneGroup, a risk management, insurance brokerage, and employee-benefits firm. Community Bank System (NYSE: CBU) purchased OneGroup in 2015, adding to its portfolio of services including wealth management, pension services, benefit administration, and more.

Morrisseau has led OneGroup to “unprecedented success,” with the firm growing from $4 million in revenue and 35 employees to nearly $50 million in combined revenue, with more than 250 employees and locations spanning across the East Coast, CNYSME said.

“It’s a great honor to accept this award, especially among all of the amazing and impactful leaders in our community,” Morrisseau said in a CNYSME news release. “When OneGroup was formed 20 years ago, I knew that integrating our community into our business model was essential. Business and community thrive together, and by keeping our eyes open, we see the opportunity to do good for both. I’m fortunate to be able to intertwine my missions as an individual with the missions of the company, and feel privileged to be recognized by the Central New York Sales & Marketing Executives.”

Besides his work with OneGroup, Morrisseau is also involved with several nonprofits in the Central New York region.

He currently sits on the boards for David’s Refuge and the Loretto Foundation Board, as a trustee, CNYSME said. He is also a founding member of the White Ribbon campaign and a current board member of Vera House, as well as a member of the McNeil advisory board at Le Moyne College.

In addition, OneGroup Center also donates its meeting and event space to nonprofit organizations, CNYSME noted.

Besides the Crystal Ball Award presentation, nearly two dozen local companies will be awarded Sales and Marketing Excellence Awards (SMEA) for the top performing sales and marketing professionals within their organizations.

CNYSME will also use its ceremony to award scholarships to two local students majoring in or planning to major in sales or marketing disciplines, saying the scholarships are “part of CNYSME’s mission to help educate and advance sales and marketing professionals.

About the Crystal Ball Award

The criteria for Crystal Ball Award recognition includes “but is not limited to” a person whose visibility impacts the progress and prosperity of Central New York; a leader who demonstrates commitment to superior quality and professionalism; a person who fosters excellence in their industry; local involvement in community and civic organizations; and demonstrates and practices an appreciation of the sales and marketing industry.

“Pierre exemplifies the spirit and values behind the Crystal Ball award,” Rob Marino, president of CNYSME, said. “His highly impactful and positive role in our community, has been an inspiration to fellow community leaders throughout the years. Pierre’s commitment and compassion to the Central New York community is what makes him an exemplary addition to recent Crystal Ball recipients.”

Recent past CNYSME Crystal Ball Award recipients include Stephanie Crockett, president and CEO of Mower in 2023: Ed Riley of Brine Wells Development/Marriott Syracuse Downtown in 2022; Laura Serway, philanthropist, entrepreneur, and former owner of Laci’s Tapas Bar in Syracuse in 2021; Mark Re of Howard Hanna Real Estate Services in 2019; and Howard Dolgon, owner, president, CEO, and team governor of the Syracuse Crunch minor-league hockey team in 2014.

2024 Sales & Marketing Excellence Awards

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2024 Minority- and Women-Owned Business Enterprise Directory

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VIEW THE DIRECTORY HERE Welcome to the Central New York Business Journal’s first ever Minority- and Women-Owned Business Enterprise Directory. For a number of years, CNYBJ has published lists of MBEs and WBEs located in the region. This directory is an outgrowth of those lists, with firms listed alphabetically, with expanded entries allowing the firms

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