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Watertown brewpub gets off to a fast start
WATERTOWN — Skewed Brewing Co., a brewpub and restaurant located near the entrance of the Regal Cinema at Salmon Run Mall, opened its doors last October and generated $360,000 in revenue in its first three months. Ryan Chaif, who co-owns the restaurant with his wife Cheryl Chaif, and business partner Mark Crandall, said the […]
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WATERTOWN — Skewed Brewing Co., a brewpub and restaurant located near the entrance of the Regal Cinema at Salmon Run Mall, opened its doors last October and generated $360,000 in revenue in its first three months.
Ryan Chaif, who co-owns the restaurant with his wife Cheryl Chaif, and business partner Mark Crandall, said the start exceeded his expectations.
The owners are projecting Skewed Brewing will generate $1.5 million in revenue in 2014. Chaif says the brewpub will achieve this goal by “paying attention to the marketing, adjusting accordingly, and giving customers what they want.”
Skewed Brewing’s eclectic menu items include its signature microbrews, self-build cocktails, house-made skewed beer mustard used on sandwiches, and burger bacon jam. The eatery recently unveiled its winter menu, adding dishes such as Korean Pork Pops and Haddock Toscana. And now, the business has begun brewing craft beers on-premise, starting with a Pale Ale and a Baltic Porter, Chaif says.
The 2,400-square foot eatery, which seats about 90 patrons and currently has 48 beers on tap, always welcomes hungry diners after they finish a long movie at Regal Salmon Run. Chaif says big movie releases increase traffic to Skewed Brewing. Chaif hopes to further capitalize on movies by naming his brews after movie titles.
What’s in a name? Chaif says the inspiration for “Skewed Brewing” came from the idea that doing something out of the norm is skewed and “It also comes from the math term for when a graph shows skewed distribution, or when something is not the norm,” he notes. Crandall designed the interior of the 40-foot long stainless steel bar inside the restaurant.
The owners helped finance their venture though New York Business Development Corporation (NYBDC) funding, and personal savings, Chaif says. But he declined to disclose dollar amounts.
Part of the personal savings comes from the first venture of the Chaifs and Crandall — The Hops Spot, which opened in June 2011 in Sackets Harbor. Chaif and Crandall had tried “a lot of different beers” to select the most suitable products for the Hops Spot. Then the two partners decided to make their own home-style micro-brews.
The house-made beer was at first only served on Sunday. Its popularity, however, made it a daily offer at the bar and finally drove the Chaifs and Crandall to open Skewed Brewing.
According to Chaif, Skewed Brewing’s target audience is generally 25 to 50 years old. And Chaif doesn’t think his two restaurants are competing with each other since “They are similar, but different,” he says, noting that the smaller Hops Spot generally draws a younger crowd.
Before starting the Hops Spot, Chaif had spent two years in South Korea teaching English and travelled all over Asia. Prior to his trip to the Far East, he worked in business sales.
Chaif’s plan for the future is to start an off-site brewery in five years to support his two eateries and other local restaurants.
Bette & Cring Construction Group, which is headquartered in Latham and has an office in Watertown, handled the construction of the Skewed Brewing as general contractor.
Skewed Brewing currently employs 43 people — a mix of 8 full time and 35 part time, Chaif says.
Contact The Business Journal at news@cnybj.com
New York Fed survey: consumers expect larger increase in wages
American consumers have boosted their expectations for earnings this year, according to new survey results the Federal Reserve Bank of New York released on Feb. 10. The New York Fed’s Survey of Consumer Expectations’ results for January show that earnings-growth expectations over the next 12 months rose from 1.8 percent in December to 2.4 percent last
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American consumers have boosted their expectations for earnings this year, according to new survey results the Federal Reserve Bank of New York released on Feb. 10.
The New York Fed’s Survey of Consumer Expectations’ results for January show that earnings-growth expectations over the next 12 months rose from 1.8 percent in December to 2.4 percent last month, with income and spending growth expectations also increasing slightly. Meanwhile, consumer expectations for inflation fell slightly, the results show.
The survey provides insight into Americans’ views on inflation, prices, the labor market, and household finance, the New York Fed says.
Other results from the January survey findings include:
Inflation
· Consumer inflation expectations fell slightly in January to 3 percent for both one year ahead and three years into the future.
· Consumer expectations for most commodity price changes stayed stable in January, with health-care cost expectations reversing the increase observed in the last two months, according to the New York Fed.
Labor market
· Earnings-growth expectations rose from 1.8 percent (annual rate) in December to 2.4 percent in January. One fourth of respondents now expect earnings growth of at least 4.4 percent over the next year, the survey found.
· Respondents’ average expected probability of leaving their current job (both voluntarily and involuntarily) remained essentially unchanged in January, the New York Fed said.
· Survey respondents have become more confident about finding another job, with 49 percent expecting to find a job in three months if they were to lose one today, up from 46 percent in December.
Household finance
· Household income and spending-growth expectations increased slightly by 0.2 percentage points from December to 2.2 percent and 4.8 percent, respectively, the survey found
· Perceptions of current credit access relative to one year ago and future credit access relative to today remained flat in January, with a slight decline in the share of consumers expecting easier financing conditions.
Each month, the Survey of Consumer Expectations interviews about 1,200 people who are part of a rolling panel, on which each respondent participates in the survey for up to one year, according to the New York Fed.
Contact Rombel at arombel@cnybj.com
Crowsnest develops technology to connect all kinds of cameras to Web
SYRACUSE — Crowsnest Labs isn’t just out to win the CenterState CEO Startup Labs Syracuse competition. The company’s founders are also hoping the technology they developed will encourage more entrepreneurs to develop new ideas and new businesses. Michael Kruk and Ian Wilson first began toying with cameras last summer, working to develop an easier way
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SYRACUSE — Crowsnest Labs isn’t just out to win the CenterState CEO Startup Labs Syracuse competition. The company’s founders are also hoping the technology they developed will encourage more entrepreneurs to develop new ideas and new businesses.
Michael Kruk and Ian Wilson first began toying with cameras last summer, working to develop an easier way to connect them to the Internet. This isn’t smartphone technology, Wilson says, but rather technology to connect cameras, such as security cameras, not already connected.
“We believe there is a lot of potential in connecting the Internet and the real world,” Kruk says.
They initially tested out the platform they developed to connect cameras to the Internet with an automatic Twitter feed featuring a cat. Whenever the cat crossed the path of the camera, the camera automatically snapped a picture and uploaded it to Twitter.
With the success of that test, Kruk says, more ideas kept flooding in for additional ways to connect cameras for a variety of purposes including security and even advertising.
One example of a security type of request was a customer who used Crowsnest’s platform to connect a camera in his driveway to his own technology to capture and process an image. The goal was to recognize a UPS truck when it entered his driveway and open the garage door so the UPS driver could leave the package safely inside his garage.
The goal, Wilson says, is to create a platform that will support multiple uses through safe and secure Internet access.
Crowsnest is currently testing potential advertising use with a client with a camera placed behind the client’s advertising. “As people walk by it, it will take photos and keep track of the age and gender,” he says. The images are analyzed and provide an array of data to the client ranging from who is walking past the ad to who is actually paying attention to it. The thought behind it, he says, is that a client can use that type of information to make sure it is on point with its advertising and actually reaching its target market.
Ultimately, Kruk and Wilson say they hope Crowsnest’s technology sparks even more technology growth and other startup companies. Their vision is that others will develop technology that builds off the Crowsnest platform. One area where there is potential, Wilson says, is the growing home-automation market. There is already technology out there where users can handle such tasks as shutting the garage door or turning on the alarm system when they are away from home, typically using their smartphones.
“There’s potential out there to grow a business,” Wilson says.
The company’s technology currently supports Foscam cameras and Crowsnest offers three levels of access to its platform. The captain level, which is free, allows users to connect one camera and provides 24 hours of cloud storage. The commodore level, at $10 a month, connects two cameras and provides seven days of cloud storage. The admiral level, at $25 a month, connects five cameras and provides 30 days of cloud storage.
Kruk and Wilson, who formed Crowsnest in September 2013, received $20,000 for being a finalist in the CenterState CEO Startup Labs Syracuse competition and participated in a 22-day accelerator program. On Jan. 28, the startup pitched its business plan, along with fellow finalists Centscere, LLC and Regattable to competition organizers.
If Crowsnest is crowned the winner on April 14, it will receive a cash prize of $150,000 and marketing and branding services worth $50,000 from Eric Mower + Associates of Syracuse.
That money will go a long way toward helping Crowsnest achieve its goals of adding employees and working to market the company and add new clients. Three years from now, Kruk says, he envisions a profitable company with a mix of clients and a trail of new companies formed around Crowsnest’s technology. At that point, he says, it would be ideal if the company were acquired and gained the resources to take things to the next level, whatever that may be.
In the meantime, the company is already adding to its staff with the addition of a part-time designer and is considering adding a marketing and sales representative. Kruk and Wilson are also doing their due diligence, researching privacy issues, testing the technology, and working to get the word out about Crowsnest, including to potential investors.
However, the company will move forward whether or not it wins the competition, Kruk says.
Crowsnest (app.crowsnest.io/) is located in the Syracuse Technology Garden at 235 Harrison St. in Syracuse.
Contact The Business Journal at news@cnybj.com
Capraro Technologies adapts to Department of Defense cutbacks
“It’s not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.” — Charles Darwin UTICA — Darwin’s theory applies equally to organisms and enterprises. Just ask any business person today wrestling with the rapid pace of change. To some it’s a threat; to others it’s an opportunity. Gerard
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“It’s not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.” — Charles Darwin
UTICA — Darwin’s theory applies equally to organisms and enterprises. Just ask any business person today wrestling with the rapid pace of change. To some it’s a threat; to others it’s an opportunity.
Gerard T. Capraro sees opportunity as he adapts Capraro Technologies, Inc. (CTI) to the new economy. “In 2011, CTI generated half its sales from government, the other half from commercial [sources],” says the company president and senior scientist. “With the Department of Defense cutbacks beginning in 2011, it’s now 90/10 [in favor of commercial].”
Capraro, majority stockholder in the operating company, just completed 20 years in business. CTI, located in a 5,000-square-foot, former SBU branch bank and GVH building at 401 Herkimer Road, is an engineering, information-technology (IT) firm that employs 10 and generates $1.5 million in revenue annually.
“We have expanded our commercial business by focusing on IT infrastructure and on software development,” notes Capraro. “Our technology experts act as our client’s IT department or as an extension … [of the client’s department]. CTI’s state-of-the-art data center benefits companies of any size with their hosting, cloud computing, disaster-recovery, or surveillance systems and offers a range of support for the medical community, including HIPAA compliance and meaningful-use EMR solutions, for example, OpenEMR.”
Capraro Technologies also helps its clients develop and improve their web offerings. “On the development side, our engineers can maximize your search-engine-optimization capabilities, transform your website, and develop custom apps (applications) using open-source tools to reach the … [public because] everyone wants to be mobile. Our ‘intelligent mobile proxy’ can transform a website and customize it for virtually any mobile device. We also developed a product called ‘PocoDoc,’ which reduces the size of Word, Excel, PowerPoint, and PDF files while maintaining their original format. This lets our clients shrink their documents, store, and transmit the files without the need for standard compression.” Capraro also cites security as a growing market for the company’s expertise.
Capraro next turns to CTI’s government work. “We have performed R&D for the military for many years,” the company president avers. “Our strengths lie in data and information management and in signal processing.”
Capraro’s government research dates back to 1966 when, as a civil servant, he joined the Rome Air Development Center (RADC), where he spent 18 years as a project engineer and then as a task manager for the U.S. Air Force. He garnered his signal-processing experience working on the Space Defense Initiative and worked in other areas such as artificial-intelligence, electromagnetic compatibility, and high-power microwaves. Capraro has a B.A. in mathematics from Utica College of Syracuse University, and M.S. and PhD. degrees in engineering from Syracuse University.
In 1984, Capraro left RADC and joined Kaman Sciences, headquartered in Colorado Springs. Capraro and John Spina jointly set up a Utica office, which served as a think-tank for the company in upstate New York. The office, located at 258 Genesee St., grew to 55 people over the next nine years. After Capraro left in 1993 to start his own company, Kaman sold the Kaman Sciences subsidiary to ITT for a reported $135 million. The ITT office is currently located at Griffiss Business & Technology Park and employs 150.
To take advantage of the rapidly changing business environment, Capraro is assisted by another principal, James D. (Jim) DeLude, the company COO and a minority stockholder. DeLude met Capraro at Kaman Sciences, where he worked with him from 1991-1993. He joined CTI 10 years ago.
“We have been able to adapt quickly, because we focus on our strengths,” says the COO. “Unlike our competitors, CTI is a consulting business, not a VAR (value-added reseller). We’re not pushing hardware or bound by quotas from manufacturers … Second, we have unusual depth in our engineering talent … Third, we leverage our government research, looking for applications in the commercial field. We know that one size doesn’t fit all solutions, so we’re good at listening to our clients and responding to their needs.” CTI competes regularly with Annese [and Associates, Inc.] and M. A. Polce on the commercial side and M. A. Polce [Consulting, Inc.] and Total Solutions for hosting and cloud services.
DeLude also notes that all of the intellectual property (IP) of CTI is owned by CTI. “We have the potential of scaling software that we have developed and applying it to other situations,” he says. “CTI is currently working with a marketing company to convert its inventory of IP for use in alternative areas. While our marketing efforts are focused primarily on Upstate, we have clients in New York City, Tennessee, and Boston. CTI is not limited [geographically] in supporting new clients or current clients who want to expand.”
CTI, like many area companies, finds it difficult to recruit new employees. “We reach out to universities like Drexel, RPI, SUNYIT, and Utica College to identify candidates to join the company,” says DeLude. “It’s getting harder to find them. Our best options … [lie] with those who grew up in the Mohawk Valley and have family here. We have tried using a variety of techniques for attracting candidates, including online and social media, but we have met with limited success.”
Capraro Technologies relies on local professionals to help steer the company’s success. “Our banking is [done] through NBT, our legal work is handled by Levitt & Gordon of New Hartford, and Vincent J. Gilroy, CPA is our accounting firm,” says Capraro.
Part of adapting is ensuring the business succession. “Jim [DeLude] will step in and run the company. We don’t have a formal plan or date yet, but the direction of the company is … [assured],” says Capraro, who is age 70.
Contact Poltenson at npoltenson@tmvbj.com
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
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