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April 30, 2017
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  • Oneida County prepares for the new economy

    by Norman Poltenson

    UTICA/ROME — Long before Oneida County was a political entity, the area served first as a military outpost for the Continental Army, then as a transportation hub on the Erie Canal, and next as a manufacturing center during the Industrial Revolution. During World War II, the region became home to a major Air Force base that helped to fuel the local economy. The closure of Griffiss Air Force Base toward the end of the 20th century threw the area into an economic tailspin.



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  • Roth Global Plastics molds future in Salina

    by Eric Reinhardt

    SALINA — Roth Global Plastics, which operates at the Salina Industrial Powerpark off Military Circle in the town of Salina, is a manufacturer of blow-molded polyethylene residential septic, cistern, and rainwater tanks. 



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  • Clifford Fuel buys Nice N Easy store in Clinton

    by Eric Reinhardt


    CLINTON, N.Y. — Clifford Fuel Company, Inc. announced it has acquired the Nice N Easy Grocery Shoppes location in Clinton from the family of the late John MacDougall, his wife Elaine and daughter Debbie Ostrander.

    Utica–based Clifford Fuel didn’t release any financial terms of its purchase agreement in the news release it issued Tuesday.

     

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  • Siena: New Yorkers not planning to boost their holiday spending

    by Eric Reinhardt

    Nearly six in 10 New York state consumers (59 percent) plan to spend about the same this year compared to 2013 on holiday gifts, 32 percent expect to reduce their spending, and only 7 percent intend to spend more.



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  • CNY International Business Alliance encourages, educates on exporting

    by Eric Reinhardt

    SYRACUSE — The Central New York International Business Alliance (CNYIBA), an organization formed to enhance global sales of companies in the 12-county region, uses education and trade missions to encourage regional companies to export their products.



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  • Miner releases Syracuse Billion proposal for infrastructure projects

    by Eric Reinhardt


    SYRACUSE, N.Y. — Syracuse Mayor Stephanie Miner has unveiled her “Syracuse Billion” agenda, a billion-dollar public-investment plan focusing on infrastructure projects throughout the city.

    Miner announced the agenda in a news release issued Tuesday, and has sent copies of the proposal to New York Gov. Andrew Cuomo and to Syracuse’s delegation in the New York State Legislature.

     

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  • Cayuga Community College gets approval to join START-UP NY program

    by Journal Staff

    AUBURN  — Cayuga Community College will participate in the START-UP NY economic-development program.



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  • Bank marketing: What happened to the toasters?

    by Norman Poltenson

    The year was 1979. President Jimmy Carter appointed Paul Volcker as chairman of the board of governors for the Federal Reserve System. Volcker’s challenge was to tame the “stagflation” crisis, which he did by raising the federal funds rate from 11 percent in 1979 to 20 percent in 1981. In the same year, the prime rate peaked at 21.5 percent. The tight-money policy ended in 1982, but not before triggering a recession where unemployment topped 10 percent.



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  • Does Your FSA Plan Meet ACA’s Excepted Benefit Requirements?

    by Vanessa Flynn

    Your organization’s health plan is not the only employee benefit that will be affected by the Affordable Care Act (ACA) in 2015. Employers that offer a flexible-spending account (FSA), or a cafeteria plan, need to be aware of new mandated requirements established under ACA, and set to go into effect for plan years beginning on or after Jan. 1, 2015. 



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  • Harden Furniture plans major capital investment

    by Norman Poltenson

    McCONNELLSVILLE — The year was 1844. The 15th quadrennial, national, presidential election, between James K. Polk and Henry Clay, was underway. The great debate in the U.S. Congress was whether slavery should be extended to future states.



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