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

Launch NY to use $5M in ESD funds to support Upstate entrepreneurs
BUFFALO, N.Y. — Launch NY says it will use $5 million in state funding to expand its support for entrepreneurs across upstate New York. Empire State Development (ESD) awarded the funding through its NY Ventures Community and Regional Partner Fund. Launch NY says the money will help it in “furthering its mission to catalyze high-growth […]

Paige’s Butterfly Run names executive director, makes board changes
SYRACUSE — Paige’s Butterfly Run, Inc., a nonprofit organization that helps local children and families fighting childhood cancer, recently announced the appointment of a new executive director and board changes. Jennifer Huntley has assumed the role of executive director of Paige’s Butterfly Run. She has been with the organization since 2022, and has more than

Binghamton arena rebounds with support from credit union
Visions FCU begins fifth year as naming sponsor ENDWELL, N.Y. — Visions Federal Credit Union (FCU) recently began its fifth year as a naming sponsor of the Visions Veterans Memorial Arena in Binghamton. With support from Visions, the venue has overcome challenges brought by the pandemic and now enjoys increased attendance and community engagement, the

ConMed posts improved 2024 earnings results
But company remains conservative for 2025 forecast ConMed Corporation (NYSE: CNMD) posted solid fourth-quarter and full-year 2024 results on a 5 percent increase in sales at the medical-device manufacturer once headquartered in the Mohawk Valley. The company announced fourth-quarter sales of $345.9 million, up 5.8 percent from $327 million in the same quarter a year

SU iSchool prof. to use $600K grant to research human experiences of AI
SYRACUSE — A Syracuse University (SU) professor will conduct research on the human experiences of artificial intelligence (AI) with the help of a $600,000 federal grant. The National Science Foundation (NSF) awarded Jaime Banks the funding for a research project focused on human interaction with AI. Banks is an associate professor in SU’s School of

Ithaca company banks on greener hydrogen production process
ITHACA, N.Y. — With help from a $720,000 award from the New York State Energy Research and Development Authority (NYSERDA), Ecolectro, Inc., hopes to develop a cleaner, greener way of making hydrogen. Hydrogen doesn’t exist readily as a free gas but rather bonded to other elements like oxygen. It’s important because it’s used in any

Cornell, tomPhyzx LLC among Microelectronics Innovation Challenge winners
ITHACA, N.Y. — Those winning grant money in the New York State Microelectronics Innovation Challenge included Cornell University working in partnership with a company located in Yates County. The project involving Cornell Center for Materials Research (CCMR) Corporate Partnership & Innovation (OVPRI) and tomPhyzx LLC in Dundee was awarded $60,000 from the Jeff Lawrence Innovation

Arizona semiconductor firm buys former NexGen building in DeWitt, plans 80 new jobs
DeWITT, N.Y. — Semiconductor Components Industries, LLC (NASDAQ: ON), which does business as onsemi, has purchased the former NexGen fab facility in DeWitt and plans

McHugh Furnishings acquires Buffalo-area company with a Syracuse-area office
A Long Island–based specialty furnishings company says it has acquired a Buffalo–area firm that has a Syracuse–area office. McHugh Furnishings, which is headquartered in Uniondale, on Wednesday announced its acquisition of Professional Furnishings & Equipment (PFE), which is based in the Buffalo area and operates an office in the Mattydale area of the town of

Broome County opens applications for Small Community Fund grants
BINGHAMTON, N.Y. — Broome County is now accepting applications for the 8th round of its Small Community Fund grant program, which has $650,000 this year
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