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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 […]

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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

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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

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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,

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Rockefeller Institute Report: State spends more Upstate than the region pays in taxesRockefeller Institute Report: State spends more Upstate than the region pays in taxes

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

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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

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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

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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

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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

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Employers start implementing state’s wage-notification law

Under the new state Wage Theft protection Act (WTPA), employers across New York have from Jan. 1 to Feb. 1 to deliver wage notices to all their employees. “It’s not a new requirement,” says Lesley Frey, director of human resources at Binghamton–based Columbian Financial Group, which has a Syracuse–area office.  Rather, it’s an expansion (voted into

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