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Ithaca company wins $100,000 pitch competition
ITHACA, N.Y. — EMPEQ was named the winner of the $100,000 Veteran Pitch Competition hosted by The Veteran Fund, chosen from a pool of more
Indium Corp. announces leadership change
CLINTON, N.Y. — Indium Corporation has a new CEO as former leader Greg Evans transitions to a role as executive chair of the board of directors, the company announced. Ross Berntson, who already served as Indium’s president and COO, is now also the firm’s CEO. In his dual role, Berntson is responsible for the overall
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CLINTON, N.Y. — Indium Corporation has a new CEO as former leader Greg Evans transitions to a role as executive chair of the board of directors, the company announced.
Ross Berntson, who already served as Indium’s president and COO, is now also the firm’s CEO. In his dual role, Berntson is responsible for the overall strategic direction and key decision making that impacts the company’s future.
Berntson joined Indium in 1996 and has served in leadership positions in product management, market development, and technical support. During his tenure as president/COO, the company saw significant advances in all functions and global activities.
“Ross has promoted creativity, curiosity, and innovation across all areas of our company,” Libby Macartney Mitchell, company owner and president of the Indium Corporation & Macartney Family Foundation, said in a news release. “Under his leadership, Indium Corporation has advanced in its organizational structure and in operational capabilities that are core to our growth, stability, and strength.”
In his new role as executive chair, Evans provides guidance to Indium with duties including facilitating communication between the board and executive management and providing guidance and support in the strategic and operational execution of company objectives.
“During Greg’s tenure, Indium Corporation achieved significant growth by creating value for our customers through the delivery of innovative technical support and the development of yield- and productivity-enhancing products,” Mitchell said. “Most importantly, Greg has led and supported our Indium Corporation culture, instilling the core values of respect, appreciation, and achievement.”
Headquartered in Clinton, Indium is a materials refiner, smelter, manufacturer, and supplier to the global electronics, semiconductor, thin-film, and thermal-management industries.
Crouse Health annual Lights of Love campaign to benefit repairs to the clock tower
SYRACUSE, N.Y. — Crouse Health’s annual Lights of Love campaign will benefit repairs to the clock tower on which the lights are displayed. The health
Schumer asks Congress to extend Medicare telehealth service
HAMILTON, N.Y. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) is urging lawmakers to extend Medicare’s telehealth program, which could expire at the end of
Naturally Lewis awards nearly $104,000 to Lewis County businesses
LOWVILLE, N.Y. — Naturally Lewis, Inc. says it has awarded close to $104,000 to Lewis County companies through two different funds. The organization in late November announced the recipients of grants from the Building Business Fund and the Small Things, Big Impacts Fund. Building Business Fund is designed to provide matching funds to businesses looking
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LOWVILLE, N.Y. — Naturally Lewis, Inc. says it has awarded close to $104,000 to Lewis County companies through two different funds.
The organization in late November announced the recipients of grants from the Building Business Fund and the Small Things, Big Impacts Fund.
Building Business Fund is designed to provide matching funds to businesses looking to scale-up their business operations through various “tools,” and the Small Things, Big Impacts Fund seeks to provide matching funds to businesses and organizations looking to increase their visibility.
A total of $103,600 has been awarded to eight businesses in Lewis County; the awarded projects are estimated to have an impact of over $334,000 for the local economy.
Naturally Lewis, Inc administers the services of the Lewis County Development Corporation.
Besides the recipients announced below, Naturally Lewis also noted that applications for the Small Things, Big Impacts Fund are open through this Thursday with $5,000 in funding remaining for 2024.
Funding recipients
The Building Business Fund aims to help businesses that are looking to expand or diversify and “demonstrate an overall benefit” to the community with matching grants greater than $10,000.
The recipients include S&S Spray Foam Insulation of Lowville which was awarded $45,000; along with $30,000 for Snow Ridge Resort of Turin and $25,000 for Greene Acres Processing, LLC of Boonville.
The Small Things, Big Impacts Fund provides matching grants between $500 and $1,000. The recipients included Squishy’s BBQ & Catering of Lowville which was awarded $1,000; along with $450 for Harrisville Food Pantry; $250 for Steeple & Hearth Marketing Collective of Lowville; $1,000 for North Country Property Maintenance of Lowville; and $900 for Old Croghan Engine House in Croghan.
State completes Thruway work in Herkimer and Montgomery counties
New York State wrapped up a $13.7 million infrastructure project on the Thruway (I-90) in Herkimer and Montgomery counties. Work included full- and partial-depth repairs
2024 40 under Forty Awards Event Photos
Photos from the 2024 40 under Forty Awards, held in November at the Oncenter. Photography courtesy of Ana Gil Photography.
Binghamton University to use federal grant for school-based mental-health workers in Chenango County
VESTAL — The U.S. Department of Education has awarded Binghamton University Community Schools (BUCS) a five-year grant totaling more than $4.5 million to expand mental-health services in Chenango County. The effort is part of the Mental Health Service Provider Demonstration grant program, Binghamton University said in its announcement. The initiative — entitled Empowering Rural Communities:
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VESTAL — The U.S. Department of Education has awarded Binghamton University Community Schools (BUCS) a five-year grant totaling more than $4.5 million to expand mental-health services in Chenango County.
The effort is part of the Mental Health Service Provider Demonstration grant program, Binghamton University said in its announcement.
The initiative — entitled Empowering Rural Communities: Promoting Mental Health, Equity, and Wellbeing Through a University-assisted Community Schools Approach — will expand social-work support to students and families in the Norwich and Oxford school districts. The project will serve 2,310 students and their families.
Binghamton University cites the Chenango County Community Health Assessment as indicating Chenango County has been designated a Health Professional Shortage Area.
The lack of primary care and mental-health services leaves families, school systems, and community agencies with the task of addressing complex student needs with limited resources. Connecting this need to the university-assisted community school approach that mobilizes higher education in partnership with schools, families and community members “provided a strong foundation for this successful proposal,” the SUNY school said.
Laura Bronstein, founding director of BUCS and dean of Binghamton University’s College of Community and Public Affairs, said she is excited to expand this program to Chenango County.
“As a leader in university-assisted community schools for small cities and rural communities, BUCS works with communities locally and beyond to support success for all students through out-of-classroom support in collaboration with institutions of higher education and community partners,” Bronstein said in the Binghamton announcement. “Increasingly, children are being left behind due to challenges that even the best teachers can’t address on their own. This includes issues like anxiety and depression, violence, poverty and many others that interfere with students’ abilities to focus on learning in the classroom. This new grant allows us to expand our support for mental health challenges that have been skyrocketing among youth, especially since the pandemic, and to have Binghamton’s community school faculty guide this work with evidence-based knowledge.”
Funding from the Empowering Rural Communities program will pay for a full-time project director and two full-time community-schools coordinators, one for each district. The director will serve Chenango County, working with partners to join current efforts to understand resources.
They’ll also explore ways in which university-assisted community school strategies can support a regional approach to enhancing mental health and well-being. Community school coordinators will be placed on site with up to four social-work interns each to work with school staff to identify areas of strength and explore ways in which social-work interns can fill unmet needs, Binghamton University said.
Five Star Bank parent company to pay Q4 dividend of 30 cents a share in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per share of its common stock outstanding. The banking company will pay the fourth-quarter dividend on Jan. 2, to shareholders of record as of Dec.
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WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per share of its common stock outstanding.
The banking company will pay the fourth-quarter dividend on Jan. 2, to shareholders of record as of Dec. 13.
At Financial Institutions’ current stock price, the dividend yields more than 4.3 percent on an annual basis.
Financial Institutions is a financial holding company, based in Warsaw in New York’s Wyoming County, with about $6.2 billion in assets, offering banking and wealth-management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities, and businesses through banking locations spanning Western and Central New York and a commercial-loan production office serving the Mid-Atlantic region. Five Star Bank’s Central New York offices include a commercial-loan production office in Syracuse and retail branches in Auburn, Waterloo, and Geneva.
Jefferson County hotels register another strong month in October
WATERTOWN — Jefferson County hotels posted substantial improvement in three important indicators of hotel-business performance in October, following up solid gains in September and August. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the North Country’s most populous county rose 7 percent to 56.8 percent in the 10th month of this
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WATERTOWN — Jefferson County hotels posted substantial improvement in three important indicators of hotel-business performance in October, following up solid gains in September and August.
The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the North Country’s most populous county rose 7 percent to 56.8 percent in the 10th month of this year from October 2023, according to STR, a Tennessee–based hotel market data and analytics company. Year to date, hotel occupancy is up 2.6 percent to 55.1 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, jumped 15.2 percent in Jefferson County to $69.78 in October, compared to the year-ago month. Through Oct. 31, RevPar was up 7.4 percent to $67.69.
The average daily rate (ADR), which represents the average rental rate for a sold room, went up 7.7 percent to $122.78 in October from the same month in 2023, per STR. Through the first 10 months of 2024, ADR gained 4.6 percent to $122.87 in the county.
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