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

Koffman Southern Tier Incubator formally opens new facility in Vestal
VESTAL, N.Y. — The Koffman Southern Tier Incubator at Binghamton University has expanded with the addition of a new facility in Vestal, which it calls Koffman on Plaza. The Koffman Incubator provides key resources and programs to aspiring entrepreneurs and growing startup companies. The Koffman Southern Tier Incubator, which is located at 120 Hawley Street […]

Construction resumes targeting repairs along Oswego Harbor breakwater
OSWEGO, N.Y. — Construction has resumed on a project to repair the Oswego Harbor west arrowhead breakwater. The Buffalo district of the U.S. Army Corps of Engineers (USACE) and its contractor, Great Lakes Dock & Materials LLC of Michigan, are handling the job, per the USACE announcement. Repairs to the west arrowhead breakwater “ensure Oswego

NBT net income rises in Q2 but EPS dips
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) recently reported a mixed earnings picture in the second quarter amid a continued tough interest-rate environment. NBT’s net income rose to $32.7 million in the latest quarter from $30.1 million in the year-ago period, but its earnings per share (EPS) inched down to 69 cents per share

Fourth contract for I-81 project awarded by state
It includes work on community grid, new I-690 off ramp SYRACUSE — Work on the community grid in downtown Syracuse and a new off ramp along Interstate 690 to South Crouse Avenue are both part of the fourth contract in the Interstate 81 (I-81) viaduct-replacement project. The state awarded the

Colgate plans new Carey Center sports facility
It will host basketball and volleyball HAMILTON — Colgate University is planning a new 65,000-square-foot basketball and volleyball arena that will anchor a new athletics

Rome business community cleans up after tornado
ROME, N.Y. — It wasn’t quite 3:30 on a Tuesday afternoon, when a storm rolled into the city that would literally change its landscape. Later

Utica allocates federal funding to local nonprofits and various city projects
UTICA, N.Y. — Various nonprofit agencies and selected projects in the city of Utica will use funding from the federal Community Development Block Grant (CDBG)

NBT Insurance Agency acquires agency in the Catskills
NORWICH — NBT Insurance Agency, LLC has acquired Karl W. Reynard, Inc. General Insurance, in Stamford in Delaware County, adding to NBT’s presences in the Catskills region, the company announced. “The team at NBT Insurance Agency is excited to continue our growth in the Catskills through this acquisition,” NBT Insurance President Tucker Lounsbury said in

Chemung Canal Trust to consolidate Ithaca branches
ITHACA — Chemung Canal Trust Company announced it will be consolidating two of its three Ithaca branch offices. The 806 West Buffalo St. location, known

AmeriCU introduces USDA-backed mortgage loans
Seeks to help more members secure home ownership ROME — AmeriCU Credit Union recently announced it has added mortgage loans, backed by the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.