Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
UUP calls on state to restore funding for SUNY teaching hospitals, including Upstate Medical
New York should restore funding to its three teaching hospitals in Syracuse, Brooklyn, and Long Island, the union for State University of New York (SUNY) employees says. The state should also resume paying more of the cost of operating its public higher-education system instead of asking students to pay through tuition increases, contends Frederick Kowal, […]
Giotto builds his 10th business, Oriskany Arms
ORISKANY — The Greeks called it “sunergia.” Today, we call the word “synergy,” meaning “cooperation” or “working together.” In business, it generally relates to the cooperative interaction of acquired subsidiaries or merged entities. For Frank Giotto, it’s the driving force behind his business enterprises. Not content to manage nine corporations, he incorporated his 10th last
Centers at St. Camillus prepares for improvement project
GEDDES — The Centers at St. Camillus, a nonprofit health-care facility in the town of Geddes, is preparing for an improvement project meant to relocate and improve its resident-gathering space. The project, which the facility hopes to complete before the end of the year, should begin in early March, says Christine M. Kearney, vice president
Oneida Financial profit slips in fourth quarter
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), parent company of Oneida Savings Bank, recently reported that its net income fell to $1.6 million, or 23 cents a share, in the fourth quarter from nearly $1.8 million, or 26 cents, in the year-ago period. The banking company attributed the profit decline to an increase in non-interest
New leadership, products mark start of 2014 at Otis Technology
LYONS FALLS — Otis Technology, a Lewis County–based manufacturer of gun-cleaning kits, has started 2014 with a new CEO and several new products that it says help promise growth. On Jan. 1, Leonard Puzzuoli stepped into the role as CEO, replacing company founder Doreen Garrett as part of a plan crafted five years ago to
SMC, North Country Family Health Center outline plan to ‘stabilize’ agency
WATERTOWN — Samaritan Medical Center (SMC) and the North Country Family Health Center (NCFHC) last month announced details of a plan the organizations had devised to help “stabilize” the operations at NCFHC. The New York State Department of Health back in October appointed SMC as the temporary operator of NCFHC as the clinic had announced
New York Air Brake parent to fund renovation project at Watertown food pantry
WATERTOWN — The parent company of New York Air Brake, LLC (NYAB) in Watertown will pay for a renovation project at the Watertown Urban Mission Food Pantry. NYAB announced the $205,000 project in a news release. The project seeks to improve the pantry’s ability to serve a “growing number” of North Country families in need.
Tompkins Financial names Angelis new president of Tompkins Financial Advisors
ITHACA — Tompkins Financial Corp. (stock ticker: TMP) today announced it has named Stephen Angelis president of Tompkins Financial Advisors, the banking company’s wealth-management division.
Destiny USA outlines plans for $75 million hotel project
SYRACUSE — Destiny USA is “prepared to take the next steps” to develop an on-site, all-suites hotel to accommodate “the influx of leisure travelers to
New York’s initial jobless claims fall sharply again
The number of people applying for new unemployment-insurance benefits in New York state in the week ending Jan. 25 fell by 7,083, or 25 percent,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.