November 2015

New accounting firm forms in DeWitt

DeWITT, N.Y. — A new accounting firm, called Cuomo, Winters & Schmidt, CPAs, PLLC has formed in DeWitt. Robert F. Cuomo, Maryann Winters, and Mark A. Schmidt, all CPAs formerly with the firm of S Read More

Davidson Automotive building new Clay campus, moving Fulton Ford

CLAY — Davidson Automotive Group recently broke ground on a new location on Route 31 in Clay that will feature a Ford dealership, a Davidson Collision Center, and a Precision Car Wash — all on one cam Read More

Strategic Financial tops $1B in assets under management

UTICA — In 2013, Alan R. Leist, III told this reporter, “Our goal is to hit $1 billion in assets within two years. Mission accomplished, says the managing partner and a principal at Strategic Financia Read More

Community Bank to complete acquisition of Oneida Financial on Dec. 4

DeWITT — Community Bank System (NYSE: CBU) has set Dec. 4 as the closing date for its acquisition of Oneida Financial Corp. (NASDAQ: ONFC). “We are excited to be partnering with Oneida Financial to Read More

ConMed acquisition targets general-surgery strategy

UTICA — The “revitalization” of ConMed’s advanced-surgical business is a “key priority” in its general-surgery strategy. Curt Hartman, president and CEO of ConMed Corp. (NASDAQ: CNMD), made the com Read More

Health Republic Closure Spotlights More Obamacare Troubles

The old cliché “there is no such thing as a free lunch” sadly rang true when it was announced that Health Republic of New York, one of the most popular insurance choices on New York’s health-insurance Read More

SU appeal reduces NCAA men’s basketball scholarship penalty, but not vacated wins

The Syracuse University (SU) men’s basketball program will gain back one scholarship per year over the next four years, but the vacation of wins remains part of theNCAA penalty. The decision reduce Read More

Alcoa, NYPA adjust contract to keep Massena plant open, saving nearly 500 jobs

MASSENA, N.Y. — Alcoa Inc. (NYSE: AA) has adjusted its contract with the New York Power Authority (NYPA) to continue operating in Massena in St. Lawrence County, saving nearly 500 jobs. The New York Read More

Greater Utica Chamber announces 2015 Business of the Year finalists

UTICA, N.Y. — The Greater Utica Chamber of Commerce announced it has selected the 12 finalists for its 2015 “Business of the Year Awards.” Dr. Todd Hutton, president of Utica College, will be the key Read More