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

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
N.Y. manufacturing index rises in July to highest mark in four years
The Federal Reserve Bank of New York reported July 15 that its Empire State Manufacturing Survey general business-conditions index climbed more than six points to 25.9 in July, its highest level in more than four years. In its news release, the New York Fed said business conditions “improved significantly” for a third consecutive month for
Owner of Albany, Buffalo New Horizons teams up with brother to buy DeWitt location
DeWITT, N.Y. — The DeWitt location of New Horizons Computer Learning Center has new owners. Jason Krolak, the owner of the firm’s locations in Albany and Buffalo, partnered with his brother, Todd, to purchase the local New Horizons facility, the company said in a news release. Todd Krolak is currently the CFO of New Horizons
POMCO trains 65 new employees to service CO-OP plan
SYRACUSE — POMCO Group, a Syracuse–based third-party administrator of self-funded health-care and risk-management plans, has added 65 new employees at its corporate headquarters as it administers a new plan offered through the Affordable Care Act. “The 65 … are hired. They are in training and they’ll be working within weeks,” says Donald Napier, senior executive

Local investment advisor finds time for world championship lacrosse
SYRACUSE — Matthew Abbott, an investment advisor with Armory Capital Management, LLC, participated on the U.S. team that lost to Canada, 8-5 at the Federation of International Lacrosse (FIL) World Lacrosse Championship in Commerce City, Colo., near Denver, on July 19. “It was unique. It was something that I’d been looking forward to for a
Ephesus announces first outdoor LED lighting-system installation
SYRACUSE — After illuminating more than two dozen sports venues across North America with its LED arena lights, Syracuse–based Ephesus Lighting, Inc. recently announced it is taking its LED lighting system outdoors. Duke University’s Williams Field at Jack Katz Stadium — a multi-purpose outdoor stadium that is home to the university’s women’s field hockey team and
Crouse starts posting prices on common medical procedures
SYRACUSE — Just how much could that upcoming surgery cost? Saying it’s the first Central New York hospital to do so, Crouse Hospital has posted the average prices for its “most common” medical procedures on its website. Estimated average prices for more than 300 medical services are included on the site, according to Crouse. It
CCC announces nursing-student exam, placement results
AUBURN — Cayuga Community College (CCC) announced the National Council Licensure Exam (or NCLEX) score of its 2013 nursing class. The most recent graduates of the school’s two-year associate-in-applied-science degree achieved a 100 percent pass rate for a third straight year, according to a news release from the college. CCC’s 2013 class surpassed the state
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.