Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Nwosu inaugurated as SUNY Oswego’s 11th president
OSWEGO, N.Y. — SUNY Oswego inaugurated Peter Nwosu as the school’s 11th president in a ceremony held Sept. 27. The event attracted observers from the

Bassett adds new MRI technology
COOPERSTOWN, N.Y. — Bassett Healthcare Network has invested in new MRI technology at its Bassett Medical Center in Cooperstown to improve patient comfort while providing fast, high-quality scanning, the health system announced. Magnetic resonance imaging, or MRI, is a medical-imaging technique that uses a magnetic field and computer-generated radio waves to create detailed images of

Utica University launches tuition-free program for eligible first-year students
UTICA, N.Y. — Utica University says it is taking steps to make higher education affordable to more people with the Thursday, Oct. 3 launch of

Barclay Damon to add 10 attorneys to its Boston office
Syracuse–based Barclay Damon LLP says it is adding 10 attorneys from another law firm to its Boston, Massachusetts office, effective Oct. 7. All of the lawyers involved have been working for Burns & Levinson, LLP (B&L), also of Boston, per the Barclay Damon announcement. The group consists of a six-attorney intellectual property (IP) team and

Excellus opens Resource Center of the Mohawk Valley
NEW HARTFORD, N.Y. — Excellus BlueCross Blue Shield has opened its new Resource Center of the Mohawk Valley, a public-facing office that offers retail sales

RT Federal Credit Union breaks ground on Lyons Falls branch
LYONS FALLS — Rome–based RT Federal Credit Union recently broke ground on a new branch in Lyons Falls, which is located in Lewis County. “This new branch represents our continued investment in Lyons Falls and the surrounding areas,” Board Treasurer Tracy Worden said in a news release. “We are excited to expand our footprint and

Rural ambulance corps receives grant for EMS training in three-county Mohawk Valley area
OLD FORGE — Old Forge Volunteer Ambulance Corps, in partnership with Mohawk Valley Health System (MVHS), has received a $400,000 grant from the Substance Abuse and Mental Health Services Administration (SAMSHA) for rural emergency medical services training in Oneida, Herkimer, and Madison counties. The grant spans two years and the purpose of the program is

Berkshire Bank parent company to pay Q3 dividend of 18 cents
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on Oct. 10, to shareholders of record as of

Ithaca Rotary Club awards nearly $12,000 in community grants
ITHACA — The Ithaca Rotary Club recently handed out $11,724 to its 2024 Community Grants awardees. From a pool of 24 applications, nine grant proposals received funding, the club announced. The grants seek to support the work of local nonprofits that have special projects or needs not covered by general operating funds, the club said

Broome County invests $100K in three startups at Koffman Southern Tier Incubator
BINGHAMTON — Three startups that are member companies in the Koffman Southern Tier Incubator will use a total of $100,000 in funding from Broome County as they work to grow the firms. The allocation of funding for the firms includes $50,000 for Agri-Trak, $30,000 for LiBama, and $20,000 for Hub Controls. The incubator describes the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.