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

People news: Herkimer College appoints new assistant professor
HERKIMER, N.Y. — Herkimer County Community College announced it has appointed Lynn Kattato, of Frankfort, as assistant professor of business. Kattato has served as an

Oswego dean selected for Impact Academy fellowship by DFI
OSWEGO — SUNY Oswego School of Education Dean Laura Spenceley was recently named an Impact Academy fellow through the national nonprofit organization Deans for Impact (DFI). Spenceley and 23 other leaders, selected for their commitment to improving educator preparation, are part of the fellowship’s eighth cohort. “For the eighth year in a row, we welcome

Chemung Financial to pay Q3 dividend of 31 cents in early October
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock. The banking company will pay the dividend on Oct. 2, to shareholders of record as of the close of business on Sept. 18. At Chemung Financial’s
New York egg production dips 1.5 percent in July
Farms in New York state produced 147.7 million eggs in July, down 1.5 percent from 149.9 million eggs in the year-ago month, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State averaged 5.75 million in the seventh month of this year, up 0.5 percent from 5.72 million

Syracuse University EBV program graduates 25 in latest class
SYRACUSE — This year’s Entrepreneurship Bootcamp for Veterans (EBV) program at Syracuse University ended in late July with 25 graduates. The initiative leverages the skills, resources, and infrastructure of higher education to offer training in entrepreneurship and small-business management at no cost to all post-9/11 veterans, Syracuse said in an Aug. 1 news release about

NBT’s Q2 earnings dip, but outlook remains positive
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out the second quarter of 2023 with about a 20 percent decline in profit amid a volatile market, but banking-company executives expressed a positive outlook for the remainder of the year. NBT reported that net income fell to $30.1 million, or 70 cents a share, in

Nonprofits can apply for Excellus HEIA funding until Sept. 14
Regional nonprofits have until the end of the day on Sept. 14 to apply for 2023 Health Equity Innovation Award (HEIA) funding from Excellus BlueCross BlueShield. The awards help pay for health and wellness programs that address racial and ethnic health disparities in upstate New York. Nonprofits can apply for funding up to $30,000, Excellus
PAR Technology battles through Q2 struggles
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) ended the second quarter with higher sales, but a net loss as the company battled some sales glitches and made investments toward future success. PAR’s sales for the quarter ending June 30, 2023, totaled $100.5 million, up 18.2 percent from $85.1 million a year prior. The

New York State Fair starts with new director at the helm
GEDDES — This summer’s New York State Fair has been underway for a few days and had a leadership announcement ahead of its opening day. Gov. Kathy Hochul on Aug. 21 removed the interim tag from the title of State Fair Director Sean Hennessey. He served as interim director of the Fair in 2022 after

Survey: N.Y. manufacturing activity fell substantially in August
However, indicators of future conditions improved The general business-conditions index of the Empire State Manufacturing Survey plunged 20 points to -19, pointing to a significant deterioration of economic conditions for the state’s factories. The index had dropped 6 points in July to 1.1 after climbing 38 points in June. The general business-conditions
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.