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

KeyCorp to pay 2nd quarter dividend in mid-June
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the second quarter of this year. The dividend is payable on June 15, to […]

Neighborhood Center revamps logo and website in rebranding effort
UTICA — The Neighborhood Center, Inc. has launched a new logo and website as part of its rebranding effort to celebrate the growth of the nonprofit. The new logo better reflects the Neighborhood Center today and also symbolizes the organization’s future. The website, just launched at www.neighborhoodctr.org, is also undergoing a rebranding. “We are extremely
Lockheed Martin’s Syracuse–area plant wins nearly $36M Navy contract modification
SALINA — Lockheed Martin Corp.’s (NYSE: LMT) plant just north of Syracuse has recently won a $35.6 million modification to a previously awarded contract to exercise options for U.S. Navy equipment and engineering services. Work on the fixed-price incentive (firm target) contract adjustment will be performed in the town of Salina (67 percent) and Millersville,

Felix Schoeller continues work on expansion in Pulaski
PULASKI — Felix Schoeller North America (FSNA) is looking ahead to mid-summer when it expects crews to finish work on a more than $20 million project in Pulaski. The project, which started last November, targets a new coating operation, per its May 23 announcement. FSNA also recently announced that it has secured a PILOT (payment-in-lieu

Hamilton College’s Wippman plans to retire in June 2024
CLINTON, N.Y. — The upcoming academic year at Hamilton College will be the last for the school’s top official. Hamilton College President David Wippman on May 16 announced that he will retire on June 30, 2024, after completing eight years leading the college in Clinton. Throughout his tenure, the school set new benchmarks in student

Long-time Helio Health employee will continue leading the agency
SYRACUSE, N.Y. — Kathleen Gaffney-Babb has worked at Syracuse–based Helio Health, Inc. for more than 30 years and has been leading the agency as interim president and CEO since the beginning of the year. Gaffney-Babb will continue in that role, as the Helio Health board of directors has decided to name her president and CEO,

Rome Health economic impact nears $160 million
ROME, N.Y. — Rome Health — a nonprofit health-care system that includes a hospital, primary, and specialty care — contributes more than $158 million to the local economy, according to an economic-impact analysis. Rome Health generates more than $16 million in tax dollars through its 1,000 employees and the businesses it supports, per the Healthcare

Birthing center at Wynn Hospital will make a big difference, Sammon says
UTICA, N.Y. — John Sammon, chair emeritus and founder of PAR Technology Corp. in New Hartford, called the birthing center at the upcoming Mohawk Valley Health System (MVHS) Wynn Hospital in Utica a “priority” for his family. “It will offer our community a range of services and support for expectant mothers including prenatal care, childbirth
STRATEGIC MINUTE: The solution for employee burnout? Proper team structure
The past 10-15 years of business have been dominated by an obsession with efficiency: How can we accomplish more work with fewer employees to save money and maximize profitability? Certainly, continued efforts to reach new levels of efficiency are important to business growth and sustainability. But the most recent three to five years have shown
Ask Rusty: About Social Security Benefits for my Minor Children
Dear Rusty: I will be 62 in 2024 and am considering starting Social Security benefits at that time. I will have two children under the age of 18. One of them will be 10 and the other 15. Will they be able to draw benefits in addition to my benefits? Signed: Father of Two Dear
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.