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First Niagara to close two Southern Tier branches
OWEGO — First Niagara Bank will close one branch office in Owego and another in Conklin in early March, a bank spokesman confirmed today. The
Syracuse mayor to form stadium task force to answer key questions
SYRACUSE — Syracuse Mayor Stephanie Miner plans to assemble a task force to examine the issue of a possible new sports stadium in Syracuse, including
Schumer: Defense-spending bill benefits Lockheed’s Owego site
OWEGO — The Owego plant of Lockheed Martin (NYSE: LMT) will benefit from more than $333 million in funding for the U.S. Air Force’s combat search and rescue (CSAR) helicopters. The funding, which is part of a $1.1 trillion spending bill that President Obama signed on Jan. 17, will create and sustain about 250 jobs
Tompkins Financial profit soars in 2013, fourth quarter after Pa. acquisition
ITHACA — Tompkins Financial Corp.’s acquisition of VIST Financial Corp. in mid-2012 contributed to a “record performance” for the banking company in 2013. For the full year, Tompkins Financial (stock ticker: TMP) earned $50.8 million, or $3.46 per share, up from $31.2 million, or $2.43 a share, during 2012, the company said in a news
Air Force transfers Griffiss building to Oneida County IDA
ROME — The Air Force Civil Engineer Center (AFCEC) on Tuesday transferred Building 101 at the Griffiss Business and Technology Park in Rome to the Oneida County Industrial Development Agency (IDA). Building 101 is a hangar and apron area used for aircraft repair and maintenance, the AFCEC said in a news release. The parcel represented
Upstate Shredding acquires southwestern Pa. yard
OWEGO — Upstate Shredding, LLC and its sister business Ben Weitsman & Son, Inc. have announced the asset acquisition of Jack’s Recycling in Mt. Morris, Pa. Mt. Morris, Pa. is about 65 miles south of Pittsburgh near the West Virginia border. Upstate Shredding-Ben Weitsman, which says it’s the largest, privately owned scrap dealer on the
Veit to become sole owner of the Scotsman Press
SYRACUSE — The Scotsman Press, Inc., a Syracuse–based company that produces niche publications and offers commercial-printing services for other publications, will soon have local ownership. Badoud Enterprises, Inc., the Virginia–based owner of the Scotsman Press, on Dec. 17 signed an agreement to sell the company’s assets to William Veit, the firm’s president. Veit discussed the
Hiscock & Barclay adds Elmira office with Davidson & O’Mara deal
SYRACUSE — Hiscock & Barclay, LLP has added an Elmira office after combining with an area law firm. The move positions Hiscock close to the natural-gas drilling boom in Pennsylvania and continues its growth strategy of adding experienced attorneys from other firms. Effective Jan. 1, Syracuse–based Hiscock & Barclay combined with Davidson & O’Mara, P.C.,
Cornell’s Johnson School receives $10M gift to fund Smith Family Business Initiative
ITHACA — The Samuel Curtis Johnson Graduate School of Management at Cornell University has received a $10 million gift from alumnus John Smith, and his wife Dyan, to fund the family business initiative named after them. John Smith, who graduated from Cornell in 1974 with an MBA, is chairman of CRST International of Cedar Rapids, Iowa,
Gander Mountain to reopen Johnson City store this spring
JOHNSON CITY — Gander Mountain is planning to reopen its Johnson City store this spring, about two-and-a-half years after closing it due to flooding. The Johnson
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