Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Community Bank completes acquisition of Oneida Financial
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) has completed its acquisition of Oneida Financial Corp. (NASDAQ: ONFC), expanding its banking footprint in the
Syracuse University hires Bowling Green’s Dino Babers as its next football coach
SYRACUSE, N.Y. — Syracuse University has hired Dino Babers of Bowling Green as its new football head coach, replacing Scott Shafer who was fired on
Columbian Financial Group promotes Fosbury to president
BINGHAMTON, N.Y. — Columbian Financial Group announced it has promoted Michael Fosbury to president, effective on Jan. 1. Fosbury will assume the president’s role from Thomas Rattmann, who remains Columbian Financial’s chairman & CEO. Besides the promotion, Fosbury has also been elected to Columbian’s board of directors, according to a news release the company issued
Cowley Associates settles into South Warren Street office
SYRACUSE — Cowley Associates Inc., a 40-year old advertising, marketing, and public-relations firm, is finishing up its first year in the agency’s new home at 407 S. Warren St. in Syracuse. The business, which previously operated at 235 Walton St. in Syracuse, moved to its new location in January after spending the fourth quarter
SYRACUSE — Centro says that about 33,000 passengers per day will benefit from the federal funding the agency uses for its operations. Congressional lawmakers have agreed to restore funding for mass-transit systems, such as Centro, in a federal transportation bill. Centro would receive $12 million over the next six years in the transportation
Feldmeier Equipment plans to move HQ to larger facility in Clay
CLAY — Feldmeier Equipment, Inc. — a manufacturer of heat exchangers, vessels, and other products — is planning to move its headquarters from 6800 Townline Road in DeWitt to a larger facility at 7643 Edgecomb Drive in the town of Clay. Feldmeier Equipment is expected to close on the 130,000-square-foot building in mid-December, according
Upstate employers expect health-care costs to rise 5-6 percent in 2016
Some upstate New York employers estimated their health-benefit cost per employee would rise 6.5 percent next year if they made no changes to their current plan. However, they expect to hold their cost increase to 5.3 percent by making alterations to plan design and/or plan vendors. That’s according to the National Survey of Employer-Sponsored
Report: New York to spend $4 billion on dementia-related Medicaid costs in 2015
SYRACUSE — The Alzheimer’s Association’s recent report, “The Impact of Alzheimer’s Disease on Medicaid Costs: A Growing Burden for States,” found that New York state has the highest Medicaid costs for people living with Alzheimer’s disease and other dementias. New York will spend $4 billion on care for individuals with a form of dementia
Finger Lakes Coffee Roasters opens at Destiny USA
SYRACUSE, N.Y. — Finger Lakes Coffee Roasters, a Rochester–area-based coffee-roasting company, has opened its café and store on the second floor of the expanded section
NCAA panel upholds Boeheim suspension, but says it can start against Georgetown
SYRACUSE, N.Y. — An NCAA appeals committee has upheld the nine-game suspension for Syracuse University men’s basketball head coach Jim Boeheim, but said the suspension
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.