Corey Santonocito

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Marsh, the world’s largest insurance broker and risk advisor, has appointed Corey Santonocito as senior VP of captive programs for Buffalo and Upstate New York. In

Micron gives SU’s IVMF $3 million to help veterans, military families find semiconductor careers

Employee Benefits & Human Resources, Education & Training, New York News, Nonprofits, Technology

SYRACUSE, N.Y.— Micron Technology Inc. (NASDAQ: MU) is giving $3 million to the D’Aniello Institute for Veterans and Military Families (IVMF) at Syracuse University (SU)

John P. Enright

People on the Move

John P. Enright, private wealth advisor at Custom Wealth Management in Clay, has been named to AdvisorHub’s “1,000 Advisers to Watch – 250 Under $1Bil” list.

Nathan Anderson

People on the Move

Nathan Anderson has joined Community Bank, N.A. as branch and community development manager of the bank’s new Liverpool (town of Clay) office — in the

Community Foundation of Herkimer and Oneida Counties Q3 awards top $4.8 million

Nonprofits, Construction, Design & Real Estate, Education & Training, Employee Benefits & Human Resources, Energy, Environment & Sustainability, Health Care, Mohawk Valley

UTICA, N.Y. — The Community Foundation of Herkimer and Oneida Counties awarded more than $4.8 million in the third quarter of this year, the organization

Seneca Foods’ net sales rise more than 4 percent in latest fiscal quarter

Small Business, Energy, Environment & Sustainability, Manufacturing & Engineering, New York News, Subscriber Only

FAIRPORT, N.Y. — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the quarter ending Sept. 28, 2024 rose 4.4 percent to $425.5 million from $407.5 million in the same quarter a year earlier. The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities across the U.S.,

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Micron, Commerce Department finalize $6.1B CHIPS agreement

Construction, Design & Real Estate, Energy, Environment & Sustainability, Manufacturing & Engineering, Subscriber Only, Technology

Massive Clay semiconductor campus project is a step closer to starting CLAY, N.Y. — Micron Technology Inc, (NASDAQ: MU) has secured the funding its needs for its planned semiconductor campus in the town of Clay. The Boise, Idaho–based Micron and the U.S. Department of Commerce have finalized its CHIPS agreement for up to $6.1 billion

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Massive Clay semiconductor campus project is a step closer to starting

CLAY, N.Y. — Micron Technology Inc, (NASDAQ: MU) has secured the funding its needs for its planned semiconductor campus in the town of Clay.

The Boise, Idaho–based Micron and the U.S. Department of Commerce have finalized its CHIPS agreement for up to $6.1 billion in direct funding through the bipartisan CHIPS & Science Law.

The money will support Micron’s planned public-private investment of more than $100 billion over the next two decades, representing the largest private investment in New York’s history, the office of U.S. Senate Majority Leader Charles Schumer (D–N.Y.) said in its Dec. 10 announcement.

The funds will also support the firm’s expansion at its headquarters in Boise, Idaho.

The finalized agreement for federal CHIPS incentives will support the construction of Micron’s first two fabs in Clay and an expansion in Idaho to help meet the “soaring demand” for the chips Micron makes, Schumer’s office said. The U.S. Department of Commerce will disburse funds in the coming years as Micron meets project milestones agreed to in the final award.

“Micron’s CHIPS funding is locked for Upstate NY. $6.1 billion from my bipartisan CHIPS & Science Law is now secured for Micron to build its new, state-of-the-art complex of memory chip fabs in Central NY and Idaho. A historic day and historic agreement for Upstate NY and America. This final award locks in the federal investment Micron needs for shovels to be able to hit the ground and create thousands of good-paying jobs here in Upstate NY,” Schumer said in the announcement. “Without my bipartisan CHIPS & Science Law none of this would be happening and America would be over reliant on semiconductors from overseas. The memory chips Micron makes are the bedrock of America’s future, from AI [artificial intelligence] to EVs [electric vehicles] to smartphones, as well as our most sensitive defense technology. The signed CHIPS award is the start of a new chapter for Central NY and America.”

Gov. Kathy Hochul, Onondaga County Executive Ryan McMahon, and Syracuse Mayor Ben Walsh all released statements applauding the funding agreement’s signing.

“With this agreement, the Micron project has taken a huge and significant step forward while also solidifying Onondaga County as the hub for memory technology semiconductor manufacturing in the world!” McMahon said.

In his statement, Walsh said, ““Syracuse’s surge accelerated today with the $6.1 billion agreement finalized between Micron and the Department of Commerce. This deal represents not just an investment in American manufacturing and national security; it’s an investment in our community, our workforce and our future.”

Besides the semiconductor campus in the town of Clay, Micron also plans to operate office space at One Lincoln Center at 110 W. Fayette St. in downtown Syracuse with its logo on the upper portion of the downtown office building.

Syracuse Triple-A team to get new owner but stay here & with Mets

Sports, Entertainment & Tourism, New York News, Small Business, Subscriber Only

SYRACUSE, N.Y. — A New York City firm will soon be the new owner of the Syracuse Mets, the Triple-A baseball affiliate of the New York Mets, but the team will continue playing its games in Syracuse. Syracuse will also remain the New York Mets’ top minor-league baseball affiliate. Diamond Baseball Holdings (DBH) on Dec.

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Syracuse will also remain the New York Mets’ top minor-league baseball affiliate.

Diamond Baseball Holdings (DBH) on Dec. 10 said it has forged an agreement with affiliates of Cohen Private Ventures to purchase the Syracuse Mets. DBH is a New York City–based organization that owns and operates about three-dozen minor-league clubs affiliated with Major League Baseball (MLB).

Subject to obtaining the consent of the league and satisfying other standard closing conditions, the transaction is expected to be completed “promptly,” per the Dec. 10 Syracuse Mets announcement, which didn’t include any financial details of the sale.

The New York Mets bought the then-Syracuse Chiefs for $18 million in a deal the Chiefs announced in October 2017.

Following the club’s latest sale, it will remain in Syracuse as the Mets’ Triple-A affiliate and the club will also retain its front-office staff and continue to be led by General Manager Jason Smorol, according to the announcement.

As part of the transaction, DBH has also purchased the New York Mets’ High-A minor-league affiliate, the Brooklyn Cyclones. The Syracuse Mets and Cyclones join the franchise’s Double-A affiliate, the Binghamton Rumble Ponies, on the DBH ownership roster.

“The New York Mets are deeply grateful to the staff and players of the Syracuse Mets and Brooklyn Cyclones. These franchises have created two of the best fan-bases in Minor League Baseball and we are excited to continue our affiliation with these cities,” M. Scott Havens, president of business operations for the New York Mets, said in the announcement. “With their acquisition by DBH, both clubs will have greater dedicated resources and player development tools to set them up for successful seasons for years to come.”

Diamond Baseball Holdings was formed in 2021 to support, promote, and enhance minor-league baseball clubs affiliated with MLB through professional management, best practices, innovation, and investment.

“The Syracuse Mets are a cornerstone of Central New York, where the franchise has deeply connected with the community while drawing fans from across the region for generations,” Pat Battle and Peter Freund, executive chairman and CEO of DBH, respectively, said in the announcement. “We’re thrilled to add them to our roster and continue growing our relationship with the New York Mets. We look forward to enhancing the distinct fan experience at NBT Bank Stadium while ensuring the ballpark remains a year-round destination for affordable, family-friendly entertainment for years to come.”

The announcement of the Syracuse Mets team sale came a day after the parent club, the New York Mets, made a huge splash with media reports stating it had agreed to sign Juan Soto to a 15-year, $765 million contract, the largest in the history of Major League Baseball.

Contractor bids for Superfield of Dreams in DeWitt can start Dec. 16

Sports, Entertainment & Tourism, Construction, Design & Real Estate, Nonprofits, Subscriber Only

DeWITT, N.Y. — Contractors interested in submitting bids for construction of the Superfield of Dreams for Syracuse Challenger Baseball in DeWitt can do so beginning Dec. 16. The Superfield of Dreams is described as a “state-of-the-art, fully accessible sports facility that will be the largest of its kind on the East Coast,” per the organization’s

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DeWITT, N.Y. — Contractors interested in submitting bids for construction of the Superfield of Dreams for Syracuse Challenger Baseball in DeWitt can do so beginning Dec. 16.

The Superfield of Dreams is described as a “state-of-the-art, fully accessible sports facility that will be the largest of its kind on the East Coast,” per the organization’s announcement.

It held a groundbreaking ceremony for the project back in September at Carrier Park in DeWitt.

The project has the support of major benefactors that include Robert and Mary Helen Morris, the Lobdell family, and the Lally family, per the announcement. Other sponsors include the Central New York Community Foundation; the Jim and Juli Boeheim Foundation; the Ralph C. Wilson Jr. Foundation; and the Carrier Corporation, the organization’s website says.

With additional funding secured through DeWitt town board-approved municipal financing and private contributions, the Town of DeWitt will accept construction requests for proposals (RFPs) through the public-bid portal beginning Dec. 16.

All submissions will be reviewed on Feb. 4, 2025. The Syracuse Challenger Baseball League encourages both local and regional companies to bid, with charitable discounts welcomed to support this project.

Robert Morris, owner of private-equity firm Olympus Partners of Stamford, Connecticut, expressed his excitement for the project

“It’s inspiring to see this dream becoming a reality. At Olympus Partners, we are proud to support projects that foster inclusivity and empower future generations,” Morris said in the announcement. “I can’t wait to see the Superfield of Dreams come to life and bring joy to so many Challenger players and their families.”

A spokesperson for Challenger Baseball tells CNYBJ that Morris grew up playing Little League baseball in DeWitt. When he heard about the project, Morris and his wife decided to make a donation.

Their gift will help create the Morris Family Field for Challenger Little League Baseball, the spokesperson said.

Syracuse Challenger Baseball went on to say that it’s still seeking donations to ensure the project’s success. Interested donors can visit the league’s website at https://syracusechallengers.com/

Syracuse Challenger Baseball says it is the nation’s largest and longest-running baseball league for individuals with special needs. The nonprofit notes, “We provide a welcoming and inclusive environment where children and adults of all ages and abilities can form friendships while enjoying the team sport of baseball in a relaxed, supportive setting.”

Oneida County Tourism board announces two new members

Sports, Entertainment & Tourism, Employee Benefits & Human Resources, Manufacturing & Engineering, Mohawk Valley, Small Business, Subscriber Only

UTICA, N.Y. — Michael Lehr, VP of marketing and content for the Utica Comets, and Danny Frieden, co-owner of Copper City Brewing Co. in Rome, have recently joined the board of directors of Oneida County Tourism (OCT). Their combined expertise will strengthen OCT’s strategy and expand its insight into sports tourism and agritourism, the organization

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