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March 27, 2017
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  • ConMed to pay quarterly dividend of 20 cents in April

    by Journal Staff


    UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, announced Tuesday that its board of directors has declared a cash dividend of 20 cents a share for the latest quarter.

    It is payable on April 5 to all shareholders of record as of March 15, according to a company news release. 


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  • SBA presents $750,000 check to New York’s Excelsior Growth fund

    by Eric Reinhardt


    ALBANY, N.Y. — The U.S. Small Business Administration (SBA) has awarded $750,000 to the Excelsior Growth Fund (EGF) to benefit startup and existing entrepreneurs in New York.
    Bernard J. Paprocki, executive director of the SBA Syracuse district office, on Feb. 21 presented the check to Pat MacKrell, CEO of the Excelsior Growth Fund, during a visit to Albany, the SBA said in a news release issued Monday.

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  • State accepts Southern Tier Technologies into START-UP NY program

    by Eric Reinhardt


    BINGHAMTON, N.Y. — A Southern Tier startup company is among 43 businesses that New York State has accepted into the START-UP NY program.

    Southern Tier Technologies is a new engineering business in the industrial-electronic industry with a focus on energy efficiency, Empire State Development (ESD) said in a news release.

    The company will invest $258,000 and create 69 new jobs, ESD said.

    SUNY Broome Community College is its academic sponsor.

     

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  • People news: Indium hires Twining as VP of marketing

    by Journal Staff


    CLINTON, N.Y. — Indium Corp. has hired Tim Twining as the company’s new VP of marketing.

    He is responsible for leading the development, implementation, and oversight of Indium’s market strategies.


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  • M&T Bank president and COO, Mark Czarnecki, dies

    by Eric Reinhardt


    BUFFALO, N.Y. — Mark Czarnecki, president and COO of M&T Bank (NYSE: MTB), died Sunday “after an extended illness.” He was 61.
    Czarnecki served as president of M&T Bank for the past decade, the banking company said in a news release issued Monday. M&T Bank is the main banking subsidiary of M&T Bank Corp. (M&T). 

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  • Summit Federal Credit Union plans to relocate Cortland branch to new site in Cortlandville

    by Eric Reinhardt


    CORTLANDVILLE, N.Y. — The Summit Federal Credit Union has announced plans to relocate its Cortland branch to a new building set for construction in the town of Cortlandville.

    The credit union currently operates at 143 Main Street in downtown Cortland. The new location is a few miles away in what the organization describes as a “popular retail area,” in a news release issued Feb. 22.

     

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  • Study: Immigrants contributed $1.7 billion to Syracuse GDP in 2014

    by Eric Reinhardt


    SYRACUSE, N.Y. — Immigrants living in the Syracuse area in 2014 contributed $1.7 billion to the metro area’s gross domestic product (GDP).

    That’s among the findings in a “year-long” study that CenterState CEO and the New American Economy (NAE) released on Feb. 21.

    The report documents the “critical” impact that “new Americans” have on the economies of Syracuse and Buffalo, CenterState CEO said in the report.

     

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  • Tioga Downs opens newly expanded gaming floor

    by Eric Reinhardt

     

    NICHOLS, N.Y. — Tioga Downs Casino has opened its newly expanded gaming floor. 
    The expanded space is part of the casino that Tioga Downs opened in December.
    It features 32 table games, including blackjack, craps, and roulette, along with popular casino games such as Pai Gow Poker, Let It Ride, 3-card and 4-card poker and the Big 6 Wheel, the casino said in a news release.


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  • New York home sales rise 4 percent for new January sales record; CNY numbers mixed

    by Eric Reinhardt


    ALBANY, N.Y. — New York realtors completed the sale of nearly 8,500 previously owned homes in January, up 4.1 percent from January 2016.

    The 8,472 closed sales in January represented a “new record” for the month, the New York State Association of Realtors (NYSAR) said in releasing its monthly housing-market report on Wednesday.


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  • MVCC adds online degree program in health-information technology

    by Eric Reinhardt


    UTICA, N.Y. — Mohawk Valley Community College (MVCC) plans to offer an associate degree in health-information technology this fall.

    Both the New York State Education Department and the State University of New York (SUNY) approved the degree program, MVCC said in a news release.

     

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