Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Morrisville State helps train students for renewable-energy trade
MORRISVILLE, N.Y. — Morrisville State College announced it is involved in a new effort to help train high-school students in the renewable-energy field. Morrisville State,
FAA awards nearly $3M for Ithaca, Elmira airports
ITHACA, N.Y. — The Federal Aviation Administration (FAA) today announced nearly $3 million for airports serving the Ithaca and Elmira–Corning areas. U.S. Senators Charles Schumer
ConMed moves forward with interim CEO after Corasanti steps down
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, is moving ahead with new leadership after its CEO stepped down and its founder retired. The company on July 23 announced that Joseph (Joe) Corasanti resigned as CEO, president, and board member, effective immediately. The company provided no reason for Corasanti’s departure. The board has
PAR Technology reports net loss, reduced revenue in second quarter
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) on Thursday reported a net loss from continuing operations of $519,000, or 3 cents per share,
ConMed discloses effort to settle with Voce Capital over board-member nomination, Voce rejects
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, today announced that a California–based investor rejected its offer regarding the board-member election at
Five businesses to expand or locate in Binghamton under START-UP NY program
BINGHAMTON, N.Y. — Five businesses will expand or locate in Binghamton through the START-UP NY program, the initiative that creates tax-free areas associated with colleges

Senators: Upstate steel jobs could benefit from DOC’s move against “unfairly” priced foreign imports
U.S. Customs and Border Protection is collecting cash deposits for estimated antidumping duties, making it costly for companies found dumping to export into the U.S.

Welch Allyn’s PediaVision acquisition could be SPOT-on
SKANEATELES FALLS — On June 3, Welch Allyn Inc., a global medical-diagnostic-device company headquartered in Skaneateles Falls, announced the acquisition of certain assets from PediaVision Holdings, LLC, based in Lake Mary, Fla. Most details regarding the price and assets purchased were not released, but the transaction included the corporate name, customer list, and a new

WYNIT buys Minnesota company for $15 million; nearly doubles sales
CICERO —– On July 9, WYNIT Distribution, LLC, headquartered at 5801 E. Taft Road in the town of Cicero, inked a deal to buy “substantially all of the assets” of the Navarre division of Speed Commerce, Inc. (NASDAQ: SPDC), a publicly held company headquartered in Minnesota. Craig–Hallum Capital Group acted as the investment banker for

OCC signs partnership agreement, offers manufacturing certificate
ONONDAGA — Onondaga Community College (OCC) and Cazenovia College on July 22 signed a “2+2” partnership agreement. The pact allows students at OCC who earn an associate degree to continue their education and pursuit of a bachelor’s degree at Cazenovia. OCC president Casey Crabill and Cazenovia College president Mark Tierno signed the agreement in a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.