Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Operation Oswego County annual meeting includes project review, local awards
OSWEGO, N.Y. — Operation Oswego County and the County of Oswego IDA (COIDA) in 2024 helped with projects that resulted in the creation or retention

Hochul directs NYPA to develop a new upstate nuclear-power plant, location to be determined
LEWISTON, N.Y. — Gov. Kathy Hochul says she wants the New York Power Authority (NYPA) to develop and construct a zero-emission, advanced nuclear-power plant somewhere

Cornell University launching layoffs, citing “profound financial challenges”
ITHACA, N.Y. — Cornell University says it’s facing “profound financial challenges” and is taking several steps that will “reduce Cornell’s workforce,” something the university calls

Downtown Committee’s annual meeting highlights ongoing projects
SYRACUSE, N.Y. — Development activity totaling $292 million is either announced or underway in downtown Syracuse. The projects include new housing units that are planned

City of Syracuse, developer break ground on upcoming housing, retail project
SYRACUSE, N.Y. — Work is beginning on a new mixed-use development on Syracuse’s East side that’s located within walking distance of Syracuse University. Officials broke ground on the project, known as The Rosie, on Tuesday afternoon at 1301 E. Genesee St. in Syracuse. The Michaels organization of Camden, New Jersey joined the City of Syracuse

Semikron Danfoss announces Marcy downsizing initiative
MARCY, N.Y. — Semikron Danfoss plans to ramp-down production at its facility in Marcy as part of a controlled scale-down over the remainder of the

Air Force’s Rome Lab generated nearly $600 million economic impact in latest fiscal year
ROME, N.Y. — The Air Force Research Laboratory Information Directorate in Rome had a $599 million economic impact on the Utica-Rome and Syracuse metropolitan statistical

Leaders celebrate completion of Munson Park
UTICA, N.Y. — The Downtown Revitalization Initiative (DRI) project to create a public park on underutilized land at Munson, located in the Oneida Square neighborhood,

Canandaigua National Bank & Trust, which plans to expand to Syracuse area, announces rebrand
CANANDAIGUA, N.Y. — Canandaigua National Bank & Trust, which has plans to expand into the Syracuse area later this year, on Monday said it is

Regency Tower Apartments building in Syracuse is sold
SYRACUSE, N.Y. — The Regency Tower Apartments at 770 James St. in Syracuse is now under new ownership. CBRE Upstate NY, an affiliate office of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.