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

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

Upstate Medical to break ground on Upstate Cancer Center in Verona on Oct. 20
VERONA, N.Y. — Upstate Medical University plans to break ground on its new Upstate Cancer Center in Verona next Wednesday, Oct. 20. The upcoming 30,000-square-foot

Crews finish transforming school into $22 million Endicott Square housing development
ENDICOTT, N.Y. — Workers have completed a $22 million renovation of the “underutilized” Henry B. Endicott School building into 61 affordable apartments in the village
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.