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ULTA Beauty to open store in Destiny USA this year
SYRACUSE — ULTA Beauty, a national cosmetics retailer, plans to open a new store at Destiny USA this year. ULTA Beauty will take up 10,200 square feet on the first level of the shopping mall’s expansion, next to the Saks Fifth Avenue OFF 5th store, Destiny announced Thursday. The beauty chain, founded in 1990 and […]
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SYRACUSE — ULTA Beauty, a national cosmetics retailer, plans to open a new store at Destiny USA this year.
ULTA Beauty will take up 10,200 square feet on the first level of the shopping mall’s expansion, next to the Saks Fifth Avenue OFF 5th store, Destiny announced Thursday.
The beauty chain, founded in 1990 and headquartered in Bolingbrook, Ill. (near Chicago), sells more than 20,000 beauty products for men and women. It carries a variety of cosmetics, fragrance, hair care, skin care, bath and body products, salon styling tools, and salon hair-care products. Each store also opens with a full-service salon, according to a news release from Destiny.
“ULTA Beauty is a highly sought after brand for salon products at great prices and all in one place,” Rob Schoeneck, general manager of Destiny USA, said in the release. “They were a perfect fit for what we’re continuing to introduce within the expansion and across the facility.”
As of Nov. 2, 2013, ULTA Beauty operated 664 retail stores across 46 states, according to its website, through which it also distributes its products.
ULTA Beauty already has one Syracuse–area store in the Fairmount Fair shopping center in Camillus. It also has locations in New Hartford, Horseheads, and Vestal.
Contact The Business Journal at news@cnybj.com
Boeheim Foundation grant benefits Learning Disabilities Association
EAST SYRACUSE — The Jim and Juli Boeheim Foundation has awarded the Learning Disabilities Association of Central New York (LDACNY) a grant of $4,200. The funding will help cover costs related to the nonprofit’s Summer Adventures in Learning (SAIL) education program, LDACNY said in a news release. It is the second consecutive year that the
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EAST SYRACUSE — The Jim and Juli Boeheim Foundation has awarded the Learning Disabilities Association of Central New York (LDACNY) a grant of $4,200.
The funding will help cover costs related to the nonprofit’s Summer Adventures in Learning (SAIL) education program, LDACNY said in a news release.
It is the second consecutive year that the Boeheim Foundation has awarded LDACNY a grant for the SAIL program, the association said.
SAIL is a six-week program for 13-year-old children who struggle with learning. The teens participate in small-group instruction that helps them maintain the skills necessary for success the following school year, the LDACNY said.
More than 70 children participated in SAIL last summer.
Founded in 1985 and headquartered in East Syracuse, LDACNY is an affiliate of the Learning Disabilities Association of New York State, according to the LDACNY website.
It works to help children and adults with learning disabilities and related disorders through advocacy, programs, and educational resources.
LDACNY serves Onondaga, Madison, Oswego, Cortland, and Cayuga counties, the website says.
Established in 2009 by the Syracuse University men’s basketball head coach and his wife, the Jim and Juli Boeheim Foundation works to help Central New York children in need and to provide support for eliminating cancer through research and advocacy.
Contact Reinhardt at ereinhardt@cnybj.com
SAM North America opens extrusion-technology center in new headquarters
SCHROEPPEL — SAM North America, LLC, a supplier of converting machinery for package printing, specialty coating, and extrusion coating and laminating, is operating in a new, 10,000-square-foot headquarters. It’s located in the Oswego County Industrial Park at 31 County Route 59 in the town of Schroeppel. SAM North America is a subsidiary of Sung An
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SCHROEPPEL — SAM North America, LLC, a supplier of converting machinery for package printing, specialty coating, and extrusion coating and laminating, is operating in a new, 10,000-square-foot headquarters.
It’s located in the Oswego County Industrial Park at 31 County Route 59 in the town of Schroeppel.
SAM North America is a subsidiary of Sung An Machinery Co., Ltd., which is headquartered in South Korea. It also has a European subsidiary, according to the SAM website.
The new Oswego County facility includes an extrusion-technology center, for which the firm held an inauguration ceremony on Jan. 21.
The extrusion-technology center specializes in the development and evaluation of materials and process techniques to improve flexible packaging and industrial coated and laminated products.
The company in 2010 formed SAM North America in Granby as a sales and support organization, says Edward (Ed) Lincoln, vice president of sales at SAM North America.
As the business started growing in the region, the firm’s customers began asking for more and more product development and process support, says Lincoln.
“At that point in time, we decided to buy a big building. Stop renting, [and] buy a building of our own and install an extrusion-technology center in that building,” he added.
SAM North America bought a building in the Oswego County Industrial Park in Schroeppel.
“The value of the building and the machine is close to $3 million,” Lincoln says, noting the figure also included the cost to acquire the land. “We bought additional acreage for future expansion.”
It houses SAM’s new extrusion coating, lamination, and cast film pilot machine, he added.
The firm closed on the building in July 2013 and the renovations started soon after.
SAM North America self-financed the project, but it also has an established line of credit through KeyBank, Lincoln says.
The Oswego County Industrial Development Agency also provided tax incentives for the effort, he adds.
SAM North America currently has six full-time employees, Lincoln says. The firm also hopes to add between two and four additional full-time workers in the next six months.
The firm generated “double-digit growth” in each of its first three years in North America, according to Lincoln, who projects similar revenue growth in 2014.
He declined to name any of the firm’s customers, saying the company is tied in to “so many confidentiality agreements.” But he described them as multi-national coating and laminating companies.
“They’re big,” he says.
When asked if any of the firm’s customers have operations in Central New York, Lincoln indicated the region has companies to which SAM North America would sell products, but they’re not customers yet.
Product line
SAM, a machinery manufacturer, focuses on three product areas. They include extrusion coating and laminating machines, solution coating and laminating machines, and rotogravure printing machines.
Extrusion coating and laminating machines produce the flexible packaging for products such as croutons and potato chips.
“We take the paper, the films, the foils and then we melt different various polymers and laminate those to give it some sort of functional structure,” Lincoln says.
Its solution coating and laminating machines are used to apply coatings on masking tape, wall-covering paper, and window film.
Lincoln also discussed their printing presses.
“Those would be the machines that we manufacture that do all the printing and put the nice graphics on the package on most of the flexible packaging lines, flexible packages you see in a grocery store,” he says.
Citing continued growth in the plastics industry, Lincoln said SAM’s customers had a need for focusing on product development to enhance their goods.
“So, we decided to build this machine to help them in their R&D efforts for their packaging requirements, but also to promote the sales of our machines,” he says.
Contact Reinhardt at ereinhardt@cnybj.com
North Country communities benefit from high-speed Internet project
Areas of the North Country are among more than 70 rural communities in New York, Pennsylvania, and Vermont benefitting from a $50 million project that installed high-speed Internet service. Independent Optical Network (ION), an Albany–based statewide fiber network, started the project in September 2010 and finished its work at the end of December, says Jim
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Areas of the North Country are among more than 70 rural communities in New York, Pennsylvania, and Vermont benefitting from a $50 million project that installed high-speed Internet service.
Independent Optical Network (ION), an Albany–based statewide fiber network, started the project in September 2010 and finished its work at the end of December, says Jim Becker, CEO of ION.
ION is a subsidiary of Bellows, Vt.–based Sovernet Communications, which provides Internet and telecommunication services throughout New England, according to an ION news release about the project.
Of the more than 70 communities affected, about one third are located in areas of Jefferson, Lewis, St. Lawrence, and neighboring counties, Becker says.
The neighboring counties include Oneida, Franklin, Essex, and Clinton counties, according to David Wolf, general manager of DANC’s telecommunications division.
The connected communities include Lowville, Gouverneur, Star Lake, Tupper Lake, Saranac Lake, Lake Placid, Elizabethtown, Plattsburgh, Malone and Potsdam, Wolf said in an email message.
The project also resulted in additional service in Canton, Alexandria Bay, Harrisville, Cape Vincent, and Watertown, Wolf added.
ION’s work in the past decade has connected more than 100 upstate New York communities and their surrounding areas with its more than 3,000 mile network, the firm said in the news release.
A $3 million investment from the Development Authority of the North Country (DANC) was part of the overall $50 million investment that also included a federal investment of $39.7 million, $6.7 million from ION, and a $3.2 million investment from Empire State Development, according to ION.
The federal American Recovery and Reinvestment Act (ARRA) project funded more than 1,400 miles of fiber-optic wiring, bringing broadband speeds to rural areas that had been at a “competitive disadvantage” when it came to broadband connections, ION said.
Its network can serve more than 300 anchor institutions, including libraries, state and community colleges, state and county agencies, and health care organizations, and is currently connected to more than 130 of those institutions.
The anchor institutions include the State University of New York Institute of Technology in Marcy and the Trudeau Institute in Saranac Lake, according to Wolf.
In addition to these organizations, the project makes broadband more readily available to 250,000 households and 38,000 businesses in the three states impacted, according to the ION news release.
The communities now have high-speed connection options (up to 10Gb, 40Gb, and 100Gb capabilities) following the project.
Overlapping fiber rings exist throughout the network, so that broadband circuits can be automatically switched in another direction in the event of a break in the line or equipment failure.
“The construction of the ARRA project has enabled the Development Authority to provide two diverse paths of broadband through the Adirondack Park linking the western and eastern halves of the North Country. This will provide new opportunities for business, new jobs and greater economic development for the entire seven-county region,” James Wright, CEO of DANC, said in the ION news release.
Wright previously served as a New York State Senator serving Oswego, Jefferson, and St. Lawrence counties.
As a carrier neutral provider, ION built the infrastructure, installing fiber to more than 30,000 poles to allow various service providers to utilize as much bandwidth as they need for their customers’ use.
ION currently provides services to cellular providers, national and regional telecommunications carriers, rural service providers, as well as large businesses and enterprise throughout upstate New York and parts of Pennsylvania and Vermont.
“We’ll carry traffic for the cell carriers. We’ll carry traffic for the ISPs (Internet-service providers). We’ll carry traffic for the larger voice [companies, such as] AT&T and Sprint,” Becker says.
Their customers include Westelcom and Stamford, Conn.–based Frontier Communications Corp. (NASDAQ: FTR).
Carriers such as Verizon and Time Warner Cable have their own networks, Becker says.
The National Telecommunications and Information Administration (NTIA) under its Broadband Technology Opportunities Program (BTOP) awarded funding for the project in late 2009.
In addition to the NTIA funding, the New York State Innovation Economy Matching Grant Program awarded ION an additional grant representing 10 percent of the total project cost.
Contact Reinhardt at ereinhardt@cnybj.com
First Niagara to close Syracuse mortgage-processing office, cutting 14 jobs
SYRACUSE — First Niagara Financial Group, Inc. (NASDAQ: FNFG) announced today it will close its mortgage-processing office in the Washington Station building in Syracuse, cutting
ConMed profit dips in fourth quarter, but beats expectations
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, today reported that its fourth quarter net income fell to $10.2 million, or 37 cents
Madison County to use state grant to improve agriculture and renewable-energy park
Empire State Development is providing Madison County with a grant of $4 million to pay for infrastructure improvements at its ARE (agricultural and renewable energy)
RealtyUSA expands North Country presence with merger
WATERTOWN — RealtyUSA has announced that the Watertown and Henderson Harbor offices of Elliott Realty, Inc. are now operating under the RealtyUSA name. The “agreement
St. Joseph’s Physicians appoints Duffy director of clinical operations
SYRACUSE — St. Joseph’s Physicians has appointed Julianne Duffy director of clinical operations. In this role, Duffy will oversee clinical operations for the entire St.
Cuomo announces New York Green Bank is open for business
Gov. Andrew Cuomo on Tuesday announced the start of business operations for the New York Green Bank (NY Green Bank). It seeks to “stimulate” private-sector
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.