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

Crews to build $12M research center at Griffiss
ROME — Construction is slated to begin this fall on a $12 million research center at Griffiss International Airport. Oneida County is partnering with Rome Lab, the Griffiss Institute, and SUNY Polytechnic Institute to create the center, which should be ready in April 2020. Officials are referring to the research center as the “open innovation […]

Chemung Financial to pay dividend of 26 cents per share on Oct. 1
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents a share. The dividend is payable on Oct. 1, to common stock shareholders of record as of the close of business on Sept. 17. At the banking company’s current stock price, the
Oneida County hotel occupancy rate rises more than 7 percent in July
UTICA — Hotels in Oneida County welcomed substantially more guests in July than in the year-prior month, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county rose 7.1 percent to 76.7 percent in July from 71.6 percent a year ago, according to STR, a
Jefferson County hotel occupancy rate jumps in July
WATERTOWN — Hotels in Jefferson County were significantly fuller in July than in the year-ago month, according to a new report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 8 percent to 74.2 percent in July from 68.7 percent a year prior, according to STR, a Tennessee–based

Aster Weddings & Events: A Marriage of Small Biz & Family Ownership
Have you ever thought of doing something that feeds your soul, allowing you to live the life you’ve always dreamed of? The owners of Aster Weddings & Events sought to create that kind of ideal lifestyle for themselves when they started to build their small business. Shannon Pratten dreamed of working with brides and their families during

Utica law firm, Passalacqua & Associates, readies Syracuse office
SYRACUSE — The Utica–based law firm Passalacqua & Associates, LLC is opening a Syracuse office in the former Lakeland Boat Works building. The office, located at 499 S. Warren St., will help the firm handle its growing Syracuse–area caseload, says Managing Attorney Nicholas Passalacqua. He spoke with CNYBJ on Aug. 22. Online marketing efforts in

Fed report finds nonemployer small businesses struggle with profitability
Just over half of the nation’s nonemployer firms were either unprofitable or broke even in 2017, with a majority also reporting rising costs, according to a new report. Nonemployer firms are those without employees on the payroll. The report also finds racial disparities in reported access to funding and highlights financing challenges faced by firms

Express Computer Service moves to Fayetteville Commons
FAYETTEVILLE — Express Computer Service recently moved to the Fayetteville Commons shopping center at 511 East Genesee St. in the village of Fayetteville, from its prior location at 301 E. Seneca St. in the village of Manlius. Express Computer Service leased about 1,100 square feet of retail space at Fayetteville Commons, according to a news

Ezra’s Energy formally opens in downtown Utica
UTICA — Ezra’s Energy Metaphysical Crystal Shop formally opened in downtown Utica’s Franklin Square area on the afternoon of Aug. 23 with a ribbon-cutting event with the Greater Utica Chamber of Commerce. Ezra’s Energy is a gift shop that says it focuses on the metaphysical healing energies, and tries to bring that to life with

NFIB: new state law prohibiting salary history question will hurt small firms
The New York office of the National Federation of Independent Business (NFIB) is concerned about the new state law that forbids employers from asking prospective employees about their salary history. The new law, which Gov. Andrew Cuomo signed July 10, expands equal-pay laws to “prohibit unequal pay on the basis of a protected class for
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.