Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Burrows Paper expands international reach
LITTLE FALLS — “On Dec. 3, 2012, Burrows Paper Corp. completed the acquisition of the remaining 75 percent equity interest in a joint-venture it had established with Innopak Hong Kong, Ltd. in 2008. The deal transferred total ownership of Innopak Heshan — an operating company that converts specialty paper and board-based, foodservice packaging products — […]
BHL expands in Capital District with Schenectady agency acquisition
ONEIDA — The recently closed acquisition of an insurance agency in Schenectady gives Oneida Financial Corp.’s insurance unit a stronger foothold in the greater Albany market. McMahon, Fenaroli and White, which does business as Schenectady Insuring Agency (SIA), was merged into Bailey, Haskell & LaLonde (BHL), a subsidiary of Oneida Financial (NASDAQ: ONFC), on Dec.
Mohawk Valley Chamber of Commerce names officers for 2013
UTICA — The Mohawk Valley Chamber of Commerce elected the following officers for its board of directors for 2013. Serving for one-year board terms that
Profit rises in Q4, falls for full year at Tompkins Financial
ITHACA — Net income rose to $11.2 million at Ithaca–based Tompkins Financial Corp. (NYSE MKT: TMP) in the fourth quarter, up from $9.4 million a
Progressive moving offices from Salina to DeWitt
DeWITT — Progressive Insurance operations in the Syracuse area are scheduled to move at the beginning of February. Mayfield Village, Ohio–based Progressive is set to
Binghamton gets $100,000 in grants to continue energy-efficiency program
BINGHAMTON — The city of Binghamton announced that it has received $100,000 in grants to continue for a third year a program that retrofits homes
Elmira Savings Bank fourth-quarter profit edges up
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) reported that its fourth-quarter net income inched up less than 1 percent as rising noninterest income and falling
Real-estate sentiment turns positive in fourth quarter
A score measuring real-estate sentiment in New York hit the highest point in its three-year history during the fourth quarter of 2012 — and upstate
Faxton St. Luke’s foundation names new board members
UTICA — The Faxton St. Luke’s Healthcare Foundation has added five new members to its board of directors. The foundation pursues private gifts, corporate gifts,
Net income slips at KeyCorp in Q4
Net income for common shareholders from continuing operations at KeyCorp (NYSE: KEY) totaled $193 million, or 21 cents a share, in the fourth quarter. That’s
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.