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

Fountainhead Group breaks ground on Frankfort distribution center
FRANKFORT, N.Y. — The Fountainhead Group, Inc. broke ground Oct. 13 on its new central distribution center to be built in Frankfort in Herkimer County. “This new distribution center comes on the heels of explosive growth over the past two years when The Fountainhead Group discovered its technology could support the fight against the COVID-19 […]

Site-Seeker president sees opportunity, growth with HQ move
UTICA, N.Y. — Even amidst a pandemic, which in the minds of many has diminished the importance of physical workplaces, digital-marketing firm Site-Seeker recently unveiled its new headquarters in downtown Utica, moving from nearby New Hartford. “For those who do like the office environment [and] being with your teammates every day, we knew that we

SEFCU to expand through a merger in 2022
ALBANY, N.Y. — The planned merger of Albany–based SEFCU, which operates branches in Central New York, and CAP COM is still on track for completion in 2022. That’s according to Ken Jubie, VP of communications and public relations at SEFCU. Both SEFCU and CAP COM, another federal credit union headquartered in New York’s Capital Region,

Community Bank purchase of ESB to give it Southern Tier boost
DeWITT, N.Y. — Community Bank System, Inc.’s (NYSE: CBU) recently announced $83 million agreement to acquire Elmira Savings Bank (ESB) will strengthen and deepen its reach in the Southern Tier, particularly the Corning-Elmira-Ithaca corridor. DeWitt–based Community Bank System announced Oct. 4 that it would acquire ESB (NASDAQ: ESBK), which has total assets of nearly $649

NYSDOT seeking firms interested in contract to begin first phase of I-81 project in Syracuse
The first contract is related to the conversion of the section of I-81 between the southern I-81/I-481 interchange (16A) and the northern I-81/I-481 interchange (29) to

Ithaca College to use $1 million donation for physician-assistant program scholarship
“This incredible gift from Manley and Doriseve Thaler will allow learners to gain critical skills and expertise with a lessened financial burden,” Susan Salahshor, assistant

Tessy Plastics to acquire Xerox Holdings property in Monroe County
SKANEATELES, N.Y. — Tessy Plastics Corp. plans to purchase a property with three buildings that Xerox Holdings Corporation previously owned in Webster in Monroe County.

State awards funding to airports in CNY, North Country, Southern Tier
Some smaller airports in Central New York, North Country, and Southern Tier will benefit from state funding for infrastructure improvements. New York State has awarded

Oneida County offers online tax-parcel map viewer
UTICA, N.Y. — Oneida County has a new online tax-parcel map viewer that will provide “easier” access and research capabilities and “promote” economic development. It

Comptroller says ESD “failed to fully evaluate” nearly $2 billion in economic-development programs
ALBANY, N.Y. — Empire State Development (ESD) has “failed to fully evaluate” most of its programs to determine if they are boosting the state’s economy
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.