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

AIS wins $95 million contract focusing on software-system security
ROME, N.Y. — Assured Information Security (AIS) has been awarded has been awarded a $95 million contract from the U.S. Air Force for an Antifragility

Community Bank System to acquire Elmira Savings Bank for nearly $83 million
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced it has agreed to acquire Elmira Savings Bank (NASDAQ: ESBK) in a cash deal worth

Preferred Mutual Insurance appoints new CEO, COO
PMIC’s current CEO, Christopher Taft, will be retiring but will become the chairman of the company’s board of directors. In that role, Taft replaces Robert

U.S. House member, a Binghamton University graduate, to address Class of 2020 commencement
VESTAL, N.Y. — A member of the U.S. House of Representatives who graduated from Binghamton University in 1992 will be the keynote speaker at the

Kinney Drugs names new president
GOUVERNEUR, N.Y. — Kinney Drugs has announced John Marraffa as its new company president. Marraffa takes over the duties that Rebecca Bubel previously held before

Former mechanic at State Police garage admits to theft
WAMPSVILLE, N.Y. — A former civilian mechanic who maintained New York State Police vehicles has pleaded guilty to corrupting the government in the third degree

Stagnaro named executive director of Chenango Memorial Hospital Foundation
NORWICH, N.Y. — Melissa Stagnaro has been appointed as the new executive director of the Chenango Memorial Hospital (CMH) Foundation, the fundraising arm of UHS

HealthWay sold to private-equity firm
PULASKI, N.Y. — Private-equity firm AE Industrial Partners, LP has acquired the Pulaski–based HealthWay Family of Brands, which specializes in air-purification products for both commercial

Colón Torres joins OCRRA board of directors
SALINA, N.Y. — The Onondaga County Resource Recovery Agency (OCRRA) recently announced Luis A. Colón Torres, of Syracuse, has joined its board of directors. Colón Torres is an entrepreneur in the trucking and food-services industries, OCRRA said in a release. He has extensive experience in transportation and logistics. Colón Torres was appointed to the board

New Oneida County grant programs to benefit small businesses, startups
UTICA, N.Y. — Oneida County has announced two new grant programs that could help area small businesses and startups. The county says $200,000 in microenterprise grants and $750,000 in Cares Act grants are available through Mohawk Valley EDGE. “These two programs will provide a huge benefit to the county’s business sector,” Oneida County Executive Anthony
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.