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

Centro awarded federal funding to purchase nine low-emission buses for BRT system
SYRACUSE, N.Y. — The Central New York Regional Transportation Authority (Centro) will use a federal grant of more than $9 million to buy about nine

Five Star Bank parent company completes $80 million subordinated debt offering
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has recently completed a private placement of $80 million in aggregate principal amount of fixed-to-floating rate subordinated notes (maturing in 10 years) to qualified institutional buyers and accredited institutional investors. The notes have a maturity date of Dec.

Southern Tier nonprofits to benefit from Tioga Downs Foundation grants
NICHOLS, N.Y. — Nonprofit organizations throughout the Southern Tier and Northern Pennsylvania will use a total of $2 million in grant funding provided by the Tioga Downs Regional Community Foundation. The money is meant to help further their objectives, missions, and organizations, Tioga Downs said in announcing the grant awards. Grant recipients were announced during

Binghamton submits DRI funding project ideas for Clinton Street
BINGHAMTON, N.Y. — The City of Binghamton’s local planning committee (LPC) for the state’s Downtown Revitalization Initiative (DRI) has submitted its project proposal for Clinton

Hiscock Legal Aid Society to provide misdemeanor defense services in Syracuse City Court
SYRACUSE, N.Y. — The Hiscock Legal Aid Society (HLA) on Thursday said it’s been awarded a multi-year contract to provide legal representation for misdemeanor and violation cases in Syracuse City Court. HLA sees the contract award as “significantly expanding the organization’s capacity to serve individuals in Syracuse,” per its announcement. The contract will enable HLA

City of Utica seeks workers for Val Bialas Ski Hill, targeting late January opening
UTICA, N.Y. — The City of Utica is seeking workers for the Val Bialas Ski Hill, which targeting an opening date in late January. The

City of Syracuse launches new digital procurement platform
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh on Tuesday announced the launch of a new digital procurement platform, OpenGov. The effort is part of the city’s efforts to make its procurement process “more accessible, navigable, and transparent for vendors,” per the city’s announcement. OpenGov is an online portal that consolidates the city’s open bids and

Walsh tapped to lead the New York State Canal Corp.
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh knows what he will be doing once his term as mayor ends in a few weeks. The New York Power Authority (NYPA) has hired Walsh as the next director of the New York State Canal Corporation, the office of Gov. Kathy Hochul announced Monday. He will succeed outgoing Canal Corporation

Rome Health, North Country hospitals awarded state grants for IT, cybersecurity work
ALBANY, N.Y. — Rome Health Hospital, Samaritan Medical Center in Watertown, and Claxton-Hepburn Medical Center in Ogdensburg are among the hospitals awarded state funding for

Micron project takes another step forward with DEC issuing environmental permits
CLAY, N.Y. — The New York State Department of Environmental Conservation (DEC) has issued nine environmental permits that help support the start of construction of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.