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

SRCTec awarded more than $99M U.S. Army contract
CICERO, N.Y. — SRCTec, LLC has won a U.S. Army contract exceeding $99 million for AN/TPQ-50 Radar Systems and Engineering Change EC1 upgrade kits. The work locations and funding will be determined with each order, with an estimated completion date of Jan. 30, 2028, according to a Jan. 31 contract announcement from the U.S. Department […]

Toomey elected to serve on the Healthcare Trustees of New York State board of governors
OSWEGO, N.Y. — Katie Toomey, VP of member engagement at CenterState CEO and an Oswego Health board member, was recently elected to serve on the Healthcare Trustees of New York State (HTNYS) board of governors for a three-year term. The HTNYS board of governors aims to strengthen the health-care system of New York state through

Pathfinder Bancorp profit slips 10 percent in Q4
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported net income of $3.5 million, or 58 cents a share, in the fourth quarter, down 10 percent from $3.9 million, or 64 cents, in the year-prior quarter. The banking company reported total revenue (net interest income plus total noninterest

Tessy makes first foray into N.Y.’s apprenticeship program
SKANEATELES, N.Y. — A group of four apprentices is working at Tessy Plastics Corp., representing the firm’s entry into New York State’s apprenticeship program. As part of the program, the New York State Department of Labor (NYSDOL) is offering to supplement wages with grants of up to $15,000 per year per apprentice and tax credits

Longtime Downtown Ithaca Alliance leader retiring at end of June
ITHACA, N.Y. — The man who has led the Downtown Ithaca Alliance (DIA) since 1999 has plans to retire in June. Gary Ferguson has helped lead revitalization efforts in downtown Ithaca for more than two decades, per a DIA announcement. “I have been honored and privileged to lead the Downtown Ithaca Alliance for nearly a

The Center in Utica helps match employers with immigrant workforce
UTICA, N.Y. — The Center in Utica says it has just what some employers may have been seeking — a pool of people ready to work. Through its employment and workforce development, career pathway builder, and professional pathways programs, The Center, located at 201 Bleecker St., works with immigrant and refugee populations to help them
Buy Madison seeks to connect farmers with other businesses
HAMILTON, N.Y. — Buy Madison is hosting a “matchmaker” event on March 22 to bring together agriculture producers and businesses in the county. “We’re trying to find ways to connect our agriculture businesses to other small businesses,” says Samantha Field, public information officer for Madison County. The county hosted a similar successful event in 2017

New York state existing home sales plunge in January
ALBANY, N.Y. — New York state realtors closed on the sale of 7,420 previously owned homes in January, down 34.3 percent from the 11,300 homes sold in the year-ago month. It marks the lowest number of homes sold in a month since May 2020, according to the monthly housing report that the New York State
What ChatGPT & other generative AI tools mean for HR teams
For the last [few] months, ChatGPT has taken the internet by storm. You can’t browse Instagram or Facebook without seeing a demonstration of something ChatGPT did to amaze a new user: write a stock-trading program, complete an AP English essay, or create a science-based workout program. Hundreds of journalists have hypothesized its implications since ChatGPT

Applications for new Lewis County vacant-property program due in April
LOWVILLE, N.Y. — Applications for the first round of Lewis County’s new vacant-property revitalization program are due in early April. Lewis County business developers say the newly launched initiative is a one-time grant program that seeks to provide “support, resources, and connections” for proposed projects. Naturally Lewis, in partnership with Lewis County, is targeting vacant
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.