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Downtown Ithaca Alliance picks candy, clothing stores in Race for the Space
ITHACA — A candy shop and clothing store, tabbed as the winners of the Downtown Ithaca Alliance’s “Race for the Space” free-rent competition, will bring missing elements to the city’s downtown, predicts the organization’s executive director. “When we looked at our criteria, not only were we looking for great businesses, we were looking for great […]
The Palmerton Group says sale gives it resources to grow
DeWITT — David Palmerton says he decided to sell his DeWitt–based environmental-consulting firm to help it keep growing. “We’ve tripled our staff in the past
Defenshield deploys veteran sales force to pursue growth
Maker of armor and shields seeks more consistent revenue DeWITT — Defenshield, Inc. decided to change its sales tactics by placing a different set of boots on the ground early this year. Now the 10-year-old DeWitt–based company, which manufactures bullet-, blast-, and fragment-resistant armor and shields, is laying out a path to march toward consistent 20
Family Business Center, TDO partner on talks
SYRACUSE — The Central New York Technology Development Organization (TDO) and the New York Family Business Center are working together on a series of talks on key topics for family businesses. The first event took place May 24 at the TDO office on Electronics Parkway in Salina and was focused on exit planning and valuation
Consultant: Firms need to be savvy about complying with ID-theft rules
NEW HARTFORD — Federal “red flag” regulations that help provide protection from identity theft have been in effect since 2007.But a recent uptick in enforcement to make sure businesses are complying means that firms need to make sure that if they need to comply, they are doing so, says one local compliance expert. Any businesses
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
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