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

Lotte Biologics begins operations in Bristol Myers Squibb’s DeWitt facility
DeWITT, N.Y. — The facility at 6000 Thompson Road in DeWitt that for many years housed manufacturing operations for Bristol Myers Squibb Co. (NYSE: BMY) is now under new ownership. Bristol Myers Squibb on Jan. 3 announced it had completed the sale of the property to Lotte Biologics of Seoul, South Korea. It sold the […]

IAED plans to advance manufacturing-partnership program
“Direct to Work helps community members gain exposure to industries in Ithaca and Tompkins County that offer living wage jobs and career advancement opportunities,” Heather McDaniel, president of IAED, said. “We’re grateful for the support for this important program.” IAED and its partner, Alliance for Manufacturing & Technology in Broome County, rolled out the DTW

Oneonta company partners with UB on new battery technology
In business since 1964, Custom Electronics has spent the past 20 years focusing on the development of new technology in areas such as lithium-ion batteries and energy-storage systems, says Michael Pentaris, company president. He was excited to partner with UB on this new technology that improves the anode part of a battery. Together with a

Investment boosts Launch NY program for underserved entrepreneurs
“We’ve historically served about 40% minority- and/or women-led companies, so we are incredibly grateful that JPMorgan Chase recognizes the importance of doing even more to support underrepresented founders,” Marnie LaVigne, president and CEO of Launch NY, said. “We welcome others to join their lead as well, because we know we have only scratched the surface

Carrols Restaurant Group CEO dies at age 50
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) on Tuesday announced the death of CEO Paulo Pena, who died unexpectedly in the hospital on

Adirondack Railway names interim general manager
UTICA, N.Y. — The Adirondack Railway Preservation Society, Inc., which operates the Adirondack Railroad, has appointed Frank Kobliski as general manager, effective Jan. 1. He

Bristol Myers Squibb completes sale of DeWitt manufacturing facility to Lotte Biologics
DeWITT, N.Y. — Bristol Myers Squibb Co. (NYSE: BMY) on Tuesday said it has completed the previously announced sale of its manufacturing facility at 6000

Schweinfurth Art Center to use state grants to help in pandemic recovery
AUBURN, N.Y. — Schweinfurth Art Center says it will use a total of $50,000 in state-grant funding to help in its recovery from the COVID-19

People news: Preferred Mutual names Donahue director of product and underwriting strategy
NEW BERLIN, N.Y. — Preferred Mutual Insurance Company announced it has appointed Thomas Donahue as director of product and underwriting strategy. In this role, Donahue

Oswego County Industrial Park named in honor of retiring OOC leader Treadwell
OSWEGO, N.Y. — The Oswego County Industrial Park is now named in honor of L. Michael Treadwell, executive director of Operation Oswego County, Inc. (OOC), who retired on Dec. 31 after nearly 40 years of leading OOC. Officials with OOC and the County of Oswego Industrial Development Agency (COIDA) made the announcement during a Dec.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.