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March 22, 2017
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  • State comptroller says pension fund declined 26 percent in FY 2008

    by CNYBJ Staff

    The New York State Common Retirement Fund's assets fell 26 percent in the 2008 fiscal year that ended March 31, according to a preliminary estimate State Comptroller Thomas DiNapoli released today.

    The value of the state-pensi

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  • Testing company allegedly falsified lab reports on asbestos

    by CNYBJ Staff

    SYRACUSE - A federal grand jury on Thursday indicted a local environmental testing and consulting firm on charges that employees conspired to falsify lab reports related to asbestos cleanup.

    The company, Certified Environmental

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  • Sensis, Lockheed win radar projects

    by CNYBJ Staff

    Sensis Corp.'s Three-Dimensional Expeditionary Long-Range Radar demonstrator. The company has been awarded a nearly $22 million demonstration contract from the Air Force that puts it in the running for more than $500 million in future work on radar systems.Two companies in the Syracuse area are embarking on major projects to design a new generation of ground-based, long-range radar for the U.S. Air Force.

    Sensis Corp. of DeWitt and the Salina site of Lockheed Martin (NYSE: LMT) e

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  • Clough Harbour posts 21% increase in revenue

    by CNYBJ Staff

    SYRACUSE - Revenue at engineering firm Clough Harbour & Associates (CHA) rose 21 percent in 2008.

    That's nearly double the average of the top 500 firms in the nation, according to CHA. Consolidated revenue totaled $148 million

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  • Countryway finds convenient space downtown

    by CNYBJ Staff

    From left: Leo Navarra, director of underwriting, Michael Phillips, vice president of claims, and Leanne Fiscoe, senior vice president of operations, have a discussion at Countryway Insurance. The company moved from 5794 Widewaters Pkwy. in DeWitt to The Syracuse Building at 224 Harrison St. in downtown Syracuse at the end of March. SYRACUSE - Countryway Insurance Co. likes having all its employees on the same floor.

    The company, which offers property, auto, and liability coverage to farm and residential customers, moved from 5794 Widewaters Parkway in De

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  • MDA backs state task force on university-industry partnerships

    by CNYBJ Staff

    SYRACUSE - The Metropolitan Development Association of Syracuse and Central New York, Inc. (MDA) stands firmly behind a newly formed state task force aimed at stimulating the New York economy through partnerships between industry and higher education

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  • Cornell University receives state and federal grants for energy research

    by CNYBJ Staff

    The U.S. Department of Energy awarded Cornell University $25 million over five years and designated the school one of five Energy Frontier Research Centers in New York.

    Cornell is also receiving $2.5 million in a 10 percent mat

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  • Compass FCU retains small-town touch

    by CNYBJ Staff

    Thomas O'Toole is the general manager of Compass Federal Credit Union.OSWEGO - The year is 1966. You have $25 in your pocket, a desire to help your fellow employees, and a dream. What do you do? If you're Joe "Papa" Manale, you start a credit union.

    Manale was an employee of Alcan, the original

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  • CH Insurance plots continued growth

    by CNYBJ Staff

    Joseph Convertino, Sr., left, and Joseph Convertino, Jr., right, of CH Insurance Brokerage, Inc. outside their firm's office in downtown Syracuse. Over the past four years, CH has expanded both its geographic reach and its offerings through a series of acquisitions.SYRACUSE - Ten years ago, Joseph Convertino, Sr. started CH Insurance Brokerage, Inc. with just a handful of employees.

    Today the company, which employs 24 people, is going strong and continues to grow through both acquisitions

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  • Paterson proposes health-insurance reforms to cut costs, improve access

    by CNYBJ Staff

    Gov. David Paterson proposed legislation earlier this month involving several initiatives he says will make health insurance more affordable and improve access to care.

    Paterson submitted four bills to the state legislature tha

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