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Miner: Standard & Poor’s upgrades Syracuse’s bond rating
SYRACUSE — Standard & Poor’s (S&P) has upgraded the bond rating for the city of Syracuse from A- to A with a stable outlook, an
AP Professionals opens Central New York office
SYRACUSE — AP Professionals, a Rochester–based staffing firm, has opened a Central New York office. The firm specializes in placing accounting, finance, human resources, and
USDOT awards Syracuse Airport Authority $1.8M for building construction
SYRACUSE — The U.S. Department of Transportation has awarded the Syracuse Regional Airport Authority more than $1.8 million in funding for the construction of a
NBT refinances $165M in long-term debt, will incur $17.1 million penalty in Q2 earnings
NORWICH— NBT Bancorp, Inc. (NASDAQ: NBTB) says it has refinanced about $165 million of long-term debt made up of Federal Home Loan Bank (FHLB) advances
New York state is having another “record-breaking” year for TV production
New York state is on the way to generating another “record-breaking” year for television production, based on results through the first five months. That’s according
Onondaga Flooring opens third store in Clay
CLAY — Onondaga Flooring, Inc. opened its third location on May 29 in the Marketfair North Plaza in Clay. The plaza is located at the intersection of Interstate 481 and Route 31. “The 3,000-square-foot showroom is conveniently located for suburban families in the north,” says Scott Perry, co-owner with his brother Michael. The grand opening
CPC closes $12 million Freddie Mac mortgage on the Merchants Commons building
SYRACUSE — The Community Preservation Corp., Inc. (CPC) recently announced the closing of a more than $12 million Freddie Mac mortgage to support the Merchants Commons building at 220 S. Warren St. in Syracuse. Merchants Commons, a combination of the former Snow Building and Merchants Bank Building, includes 66 residential units and more than 34,000
The Economic Outlook & Implications for Monetary Policy
Although economic growth stalled in the first quarter, some slowing was expected and unseasonably harsh winter weather appears to have done the rest. The fundamental supports for a strengthening economy remain in place, and recent data seem to confirm that forecast. On the price front, I expect inflation to drift higher over the remainder of
Jefferson County LDC to expand in Watertown business incubator
WATERTOWN — Work is under way to expand the administrative offices of the Jefferson County Local Development Corp. (JCLDC), which is housed at the Watertown Center for Business & Industry (WCBI). The WCBI, which includes four buildings and is located at 800 Starbuck Ave. in Watertown, is a business incubator created through public and private
Welch Allyn acquires assets of Florida–based PediaVision
SKANEATELES FALLS — Welch Allyn, Inc., a Skaneateles Falls–based manufacturer of medical-diagnostic equipment, on June 3 announced it has acquired certain assets of PediaVision Holdings, LLC, an Orlando–area–based developer of vision technology. Welch Allyn didn’t release any financial terms of the acquisition in its news release. PediaVision, founded in 2007 and headquartered in Lake Mary,
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