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

Rome wins $10 million in state funding in downtown revitalization initiative
ROME, N.Y. — The state has awarded Rome $10 million as the Mohawk Valley winner in the second round of the Downtown Revitalization Initiative (DRI).

Developers break ground on $16M project in former Crescent Corset factory in Cortland
CORTLAND, N.Y. — Developers on Wednesday broke ground on a $16 million project to develop the former factory of the Crescent Corset Company in Cortland

Mid-York Press adding new printing press, employees in Sherburne
SHERBURNE, N.Y. — The Mid-York Press, Inc. of Sherburne is adding a new color printing press with plans to add as many as 20 new
Tenney: Remington Arms laying off 55 workers at Ilion plant
ILION, N.Y. — Remington Arms Company, LLC plans to lay off 55 people at its plant in Ilion. That’s according to a statement posted Thursday on
PAR Technology subsidiary wins $7.4 million U.S. Air Force subcontract award
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) recently announced that its subsidiary, Rome Research Corp. (RRC), has been awarded a five-year, $7.4 million
Empire State manufacturing index jumps to highest level since September 2014
After declining in July, the Empire State Manufacturing Survey general business-conditions index soared 15 points in August to 25.2, its highest level in nearly three years. Economists had forecast an August index reading of 10, according to several media reports. The big increase comes after the index fell 10 points in July to 9.8, after
Schneider Packaging names Brotzki president
BREWERTON, N.Y. — Schneider Packaging Equipment — which manufactures and installs end-of-line packaging equipment — announced it has promoted Bob Brotzki to company president. Brotzki

Schneiderman: New York getting $38.5M in settlement with EpiPen maker Mylan Specialty L.P.
New York State is set to receive $38.5 million in a state-federal settlement with Canonsburg, Pennsylvania–based Mylan Inc. (NASDAQ: MYL), the maker of the drugs

The Raymond Corp. expands to meet forklift demand
GREENE — The sun was shining brightly in the town of DeWitt on June 9 as Michael Field, CEO of The Raymond Corp., welcomed the assembled company employees, politicians, media, and friends to a ceremony. Once the speeches ended, the attendees witnessed the official ribbon-cutting event for the new Raybuilt Center of Excellence and enjoyed

Seven area startups working in Upstate’s medical device innovation challenge
SYRACUSE, N.Y. — Seven startups with medical devices and service proposals are participating in what’s being called the “medical device innovation challenge.” Upstate MIND is sponsoring the program at the Central New York Biotech Accelerator (CNYBAC) at Upstate Medical University. The CNYBAC is located at 841 E. Fayette St. in Syracuse. MIND is short for
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.