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

Summit FCU taps COO as its next CEO
ROCHESTER, N.Y. — The Summit Federal Credit Union (FCU) announced it has chosen Laurie Baker as its next president and CEO, effective Feb. 1. Baker

McFarland Johnson names Festa CEO & Nixon president and chairman
BINGHAMTON, N.Y. — McFarland Johnson, Inc. (MJ) of Binghamton has named James Festa CEO and Chad Nixon president and chairman of the company’s board of

What channel is the Syracuse basketball game on vs. Virginia Tech?
SYRACUSE, N.Y. — Syracuse basketball (8-6, 1-2 ACC) looks to rebound from a weekend loss when it hosts the Virginia Tech Hokies (10-4, 1-2 ACC)

Tessy Plastics to expand plant in Elbridge, add 50 jobs
ELBRIDGE, N.Y. — Tessy Plastics Corp. plans to expand one of its manufacturing facilities in Elbridge as part of a $20 million project in which

Syracuse Mets announce Brian Schneider as team manager in 2020
SYRACUSE, N.Y. — The Syracuse Mets on Friday announced that Brian Schneider will be the team’s manager in the 2020 season. Schneider — a former

What channel is the Syracuse basketball game on vs. Notre Dame?
SYRACUSE, N.Y. — Syracuse basketball (8-5, 1-1 ACC) returns to ACC play with an important home game against the Notre Dame Fighting Irish (9-4, 0-2

Chemung Financial pays dividend of 26 cents a share for last quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents per share. The dividend was payable on Jan. 2, to common stock shareholders of record as of the close of business on Dec. 23. At the banking company’s current stock price, the

Edward Jones office to formally open in Johnson City on Jan. 15
JOHNSON CITY — The investment firm Edward Jones will formally open its new office in Johnson City on Jan. 15. Chris Curry is the financial advisor at the new 345 Harry L. Drive office, which opened to customers in November. Heidi Higgins is the branch office administrator. Curry and his team had been operating from
Jefferson County hotel occupancy rate falls 4.5 percent in November
WATERTOWN — Hotels in Jefferson County welcomed fewer guests in November than in the year-ago month, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 4.5 percent to 45.9 percent in November, according to STR, a Tennessee–based hotel market data and analytics company.

Usherwood doubles down on company’s growth
SYRACUSE — After doubling revenue over the past seven years, Usherwood Office Technology President Lou Usherwood plans to double it again in the next five years. The information technology service and solutions and managed print company expects that it generated $35 million in revenue in 2019. Usherwood predicts revenue will hit $70 million in the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.