Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Beacon deal expands Berkshire’s reach into CNY banking market
Berkshire Hills Bancorp, Inc.’s recently announced acquisition of Beacon Federal Bancorp, Inc. moves the Massachusetts–based banking company firmly into the Central New York market at a time when some larger competitors are focusing elsewhere. Berkshire Hills Bancorp (NASDAQ: BHLB), parent company of Berkshire Bank, announced May 31 that it will acquire Beacon Federal (NASDAQ: BFED) […]
Gaetano Construction gears up for busy season
UTICA — After a mild winter that enabled the company to keep a number of projects on schedule, Charles A. Gaetano Construction Corp. is gearing up for a busy building season in 2012. Among the projects are an expansion of the American Alloy Steel plant in Rome, an addition at the TRI-Valley Beverage, Inc. facility
Samaritan Counseling Center expands, aided by grants
UTICA — The Samaritan Counseling Center of the Mohawk Valley, Inc. is able to add staff and serve more clients from its new, larger facility as a result of two grants. The center received two grants totaling $188,000 from the Community Foundation of Herkimer & Oneida Counties, Inc. to purchase and renovate the three-story building
NYSERDA offers incentives for energy-efficient building projects
If your business has a construction project on the horizon, the New York State Energy Research and Development Authority (NYSERDA) has money to share. Under the latest round of funding in its New Construction Program, NYSERDA has $90 million to dole out between now and December 2015 to qualified new-construction and extensive-renovation projects that incorporate
TCAD president to serve as chair of statewide council
ITHACA — The president of Tompkins County Area Development (TCAD) has been elected chairman of the New York State Economic Development Council. Michael Stamm will serve
Poll: New York residents remain concerned about gas-drilling risks
A majority of New Yorkers feel the risks of natural-gas drilling outweigh the potential revenues, according to a new poll from Cornell University’s Survey Research
Community Memorial Hospital in Hamilton names new CEO
HAMILTON — Community Memorial Hospital in Hamilton announced that it has appointed Sean Fadale as new CEO, effective Aug. 6. Lawrence Tully, chairman of the
Vets institute to present workshop at national conference
SYRACUSE — The Institute for Veterans and Military Families at Syracuse University will offer a two-day workshop at a national conference for veterans in Detroit.
Corning Museum of Glass announces expansion project
CORNING — A new north wing is in the works at the Corning Museum of Glass, which unveiled plans for the expansion project today. Architect
Burlington Coat Factory to open new store at Carousel Center this fall
SYRACUSE — Burlington Coat Factory, a national off-price retail chain, announced today that it will open a new 61,000-square-foot store at the expanded Carousel Center
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.