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April 24, 2017
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  • Honeywell to cut 41 jobs in Skaneateles

    by Nick Kapteyn


    SKANEATELES FALLS, N.Y. — Honeywell Scanning and Mobility will lay off 41 employees between July 1 and Dec. 31 at its plant, located at 700 Visions Drive in Skaneateles Falls.

    Mark Hamel, a spokesperson for Honeywell, says the jobs — primarily engineering and supply chain positions — are being moved to other Honeywell facilities in the U.S. in order to improve operational efficiency. He declined to name the facilities. Honeywell has plants in New Jersey, South Carolina, Georgia, and Washington state.

     

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  • MACNY names SRCTec’s Stevens as Innovator of the Year

    by Journal Staff


    SYRACUSE, N.Y. — MACNY, The Manufacturers Association, today announced that it has named Gary Stevens of SRCTec as the 2015 MACNY Innovator of the Year.

    For the last nine years, Stevens has served as SRCTec’s assistant vice president of operations. He was nominated by SRCTec President Drew James.

     

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  • Ultralife posts profit in first quarter

    by Adam Rombel


    NEWARK, N.Y. — Ultralife Corp. (NASDAQ: ULBI), a Wayne County–based maker of batteries and communications systems, this morning reported operating income of $822,000 on revenue of $19.2 million in the first quarter ended March 29.

    That’s an improvement from the company’s operating loss of nearly $1.1 million on revenue of $15.3 million in the year-ago period.

     

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  • Tompkins Trust hires Bisaccio to lead expansion into Syracuse market

    by Maria Carbonaro


    SYRACUSE, N.Y. — Ithaca–based Tompkins Trust Company announced it is expanding its financial-services offerings into the Syracuse market, and has hired an experienced commercial banker, Brian Bisaccio, to lead the effort.

    Tompkins Trust has appointed Bisaccio as senior vice president and regional manager to develop commercial-lending services based in Onondaga County, according to a company news release. 

     

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  • CNY ASTD announces CNY BEST nominees

    by Journal Staff


    SYRACUSE, N.Y. — CNY ASTD has announced the nominees for the 8th Annual CNY BEST Learning and Performance Awards. 


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  • St. Joseph’s to join large Michigan–based Catholic health system

    by Eric Reinhardt


    SYRACUSE, N.Y. — St. Joseph’s Hospital Health Center will join Livonia, Michigan.–based Trinity Health, as part of an agreement the two organizations signed Tuesday.

    Trinity Health on its website describes itself as “one of the largest multi-institutional Catholic health-care delivery systems in the nation.”

    The decision “builds” on a “strategic-affiliation” agreement the organizations signed in early 2014, the organizations said in a joint news release.


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  • Actor Ron Perlman to locate film-production firm in DeWitt

    by Eric Reinhardt


    DeWITT — The man who played “Vincent” in the CBS-TV drama “Beauty and the Beast,” and most recently co-starred in the FX series “Sons of Anarchy,” will move his film-production company to Central New York.

    Actor Ron Perlman on Monday visited and toured the Central New York Hub for Emerging Nano Industries. The DeWitt facility will specialize in providing advanced visual-production research and education to support upstate New York’s film and television industry.

     

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  • Broome County Land Bank appoints Scarinzi as new executive director

    by Adam Rombel


    BINGHAMTON, N.Y. — The Broome County Land Bank announced that its board of directors has appointed Margaret J. Scarinzi as the organization’s next executive director.

    Scarinzi begins work on Wednesday, replacing Stacey Duncan, who departed to become the deputy director of communications and business development at The Agency, the recently rebranded Broome County IDA. 


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  • Berkshire Bank parent company reports Q1 profit, beats expectations

    by Adam Rombel


    Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, reported net income of nearly $8.8 million in the first quarter, compared to a loss of $1.1 million in the year-ago period, boosted by fee-income and loan growth.

    Pittsfield, Massachusetts–based Berkshire reported earnings per share of 35 cents in the first quarter. Its core earnings per share, stripping out acquisition and restructuring-related charges, totaled 50 cents. That beat the 48 cents that analysts queried by Zacks Investment Research were expecting.

     

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  • Hamilton College appoints Dinneen as chief investment officer

    by Journal Staff


    CLINTON, N.Y. — Hamilton College announced it has appointed Anne Dinneen as its new chief investment officer. She will manage the college’s $922 million endowment and planned-giving assets. 

     

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