Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Semikron Danfoss announces Marcy downsizing initiative
MARCY, N.Y. — Semikron Danfoss plans to ramp-down production at its facility in Marcy as part of a controlled scale-down over the remainder of the
Cayuga Milk Ingredients formally opens $270M expansion near Auburn
AURELIUS, N.Y. — Cayuga Milk Ingredients (CMI) on Wednesday formally opened its $270 million expansion following a two-phase project in the town of Aurelius in Cayuga County, near Auburn. The new facility will allow the company to more than double its workforce, adding up to 150 new jobs to the existing workforce of 100 employees,
Air Force’s Rome Lab generated nearly $600 million economic impact in latest fiscal year
ROME, N.Y. — The Air Force Research Laboratory Information Directorate in Rome had a $599 million economic impact on the Utica-Rome and Syracuse metropolitan statistical
Two ESF alumni to donate $2 million to school fundraising campaign
SYRACUSE, N.Y. — Two 1979 graduates of the SUNY College of Environmental Science and Forestry (ESF) plan to donate $2 million to the recently announced
Oneida County Tourism releases 2025 Destination Guide
UTICA, N.Y. — Oneida County Tourism (OCT) has released its 2025 Destination Guide, a key resource for visitors and locals that showcases Oneida County’s offerings including special events, Erie Canal bicentennial highlights, a seasonal bucket list, family-friendly attractions, agritourism activities, and more. “This is truly my favorite guide we’ve ever produced,” OCT President Sarah Foster
EBRI: retirees feeling better about retirement prospects
More than three-fourths of retirees (78 percent) are reporting a positive outlook for retirement, with those respondents confident they will have enough money to live comfortably throughout retirement. Confidence among retirees increased from 74 percent last year. That’s according to the 35th annual Retirement Confidence Survey, which was published on April 24. The Retirement Confidence
NYS Q1 local sales-tax collections rise 3.2 percent
ALBANY — Local government sales-tax collections totaled $5.8 billion in the first quarter (January to March) of 2025, up 3.2 percent (or $180 million) from the same quarter in 2024. Each of the 10 regions in the state, including New York City, had a year-over-year increase in collections, New York State Comptroller Thomas DiNapoli said
State AG announces arrest of Madison County tax preparer
Miles Burton Marshall accused of running decades-long Ponzi scheme that stole $50 million WAMPSVILLE — A Madison County tax preparer and insurance agent was indicted in Madison County Court for allegedly operating a Ponzi scheme for more than three decades that bilked 988 investors out of more than $50 million, New York State Attorney General
Barclay Damon formalizes semiconductor work with new team
SYRACUSE — Barclay Damon LLP says it has formally launched a semiconductor team to serve the “rapidly expanding” semiconductor manufacturing and supply-chain sector. The new team consolidates work that the firm has been doing for nearly two decades, Barclay Damon said in its June 10 announcement. “Capitalizing on our long experience serving New York State’s
Dannible & McKee names new managing partner to start in mid-2026
Also announced new leadership posts starting this July SYRACUSE — Victor Vaccaro, Jr. is scheduled to assume the role of managing partner at Dannible & McKee, LLP, effective July 1, 2026, succeeding Christopher Didio who has led the firm since 2022. Didio will remain active in the firm by continuing to serve as a consulting
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.