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

Pathfinder Bancorp to pay Q3 dividend of 10 cents in early November
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share

Booz Allen Hamilton wins $23 million Air Force tech contract
ROME, N.Y — Booz Allen Hamilton Inc. was recently awarded a $23.4 million contract from the U.S. Air Force for an ORACL software/hardware prototype, reports,

New York cheese production rises in July compared to prior month
New York plants produced just under 74 million pounds of cheese (excluding cottage cheese) in July of this year, up 2.2 percent from 72.4 million pounds in June, the USDA’s National Agricultural Statistics Service (NASS) recently reported. However, New York cheese production was down 4.4 percent from nearly 77.4 million pounds in July 2024. U.S.

Prevention Network has a new main office and a new logo
SYRACUSE, N.Y. — The Prevention Network has implemented some recent key changes, including a move to a new headquarters in Syracuse and a new logo as well. Prevention Network describes itself as “one of Central New York’s most trusted voices in substance misuse prevention, a steadfast advocate for wellness, and a vital resource for community

Upstate Medical University partners with SUNY Canton on 4+3 DPT degree
SYRACUSE, N.Y. — Upstate Medical University in Syracuse has a new affiliation agreement with SUNY Canton in St. Lawrence County for students who want to earn a doctor of physical therapy (DPT) degree. The new 4+3 DPT early-assurance program allows qualified high-school seniors the chance to complete their undergraduate education at SUNY Canton and guarantees

Cooley Group, which operates Syracuse and Utica offices, has a new owner
PITTSFORD, N.Y. — Its name will remain the same, but a Pittsford–based provider of customized promotional, print, and fulfillment services that has Syracuse and Utica offices is now under new ownership. Grossman Marketing Group of Woburn, Massachusetts, says it has acquired Cooley Group, per a late July company announcement. It didn’t include any financial terms

Wolfspeed reduces debt, emerges from Chapter 11 bankruptcy protection
Wolfspeed, Inc. (NYSE: WOLF), a company specializing in silicon-carbide technologies, has completed its financial-restructuring process, and on Sept. 29 announced its emergence from Chapter 11 bankruptcy protection. Based in Durham, North Carolina, Wolfspeed operates a plant in Marcy, in Oneida County. Through the restructuring process, the chipmaker has reduced its total debt by about 70

New state law requires quick reporting of cybersecurity, ransomware incidents
ALBANY, N.Y. — A new state law is now effect that requires all municipal corporations and public authorities to report cybersecurity incidents within 72 hours and ransomware payments within 24 hours to the New York State Division of Homeland Security and Emergency Services (DHSES). Within 30 days of making a ransomware payment, the victim organization

Cybersecurity remains a concern for small businesses
Cybersecurity continues to be a key issue for small-business owners, with 41 percent citing payment fraud as their top concern, followed by phishing and email scams (27 percent) and identity theft (26 percent). It’s one of several topics addressed in a survey from Cleveland, Ohio–based KeyBank (NYSE: KEY) released on Sept. 16. Overall, KeyBank’s 2025

Endicott–based IT firm TechMD is now under new ownership
ENDICOTT, N.Y. — TechMD, an Endicott–based information-technology (IT) services firm that operates New York offices in DeWitt and Ithaca, is now under new ownership. Integris, which is based in Cranbury Township, New Jersey, acquired TechMD, along with its security division, 1nteger Security, per a mid-June announcement on the Integris website. It didn’t include any financial
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.