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

Wendy’s to open new restaurant inside Destiny USA
SYRACUSE, N.Y. — Wendy’s is planning to open a new location inside Destiny USA, near the Dick’s Sporting Goods location in the complex’s Canyon area. Additional details, including the fast-food restaurant’s official opening date and ribbon cutting, will be announced soon, per the Destiny USA announcement. Wendy’s is known for its made-to-order square hamburgers, salads, […]

Centro awarded federal funding to purchase nine low-emission buses for BRT system
SYRACUSE, N.Y. — The Central New York Regional Transportation Authority (Centro) will use a federal grant of more than $9 million to buy about nine

TC3, Hobart and William Smith Colleges sign transfer agreement
DRYDEN, N.Y. — Tompkins Cortland Community College (TC3) and Hobart and William Smith Colleges (HWS) in Geneva on Thursday, Dec. 18 announced a new transfer agreement. It provides TC3 graduates guaranteed acceptance and scholarship into bachelor’s degree programs at HWS, per the TC3 announcement. Amy Kremenek, president of Tompkins Cortland Community College, and Sarah Kirk,

Otis Technology set for new leadership to begin 2026
LYONS FALLS, N.Y. — Otis Technology in Lewis County has promoted the company’s executive VP to serve as CEO, beginning Jan. 1, 2026. Brad McIntyre has worked for Otis for more than 25 years, per the firm’s Dec. 9 announcement. Otis Technology, which specializes in gun maintenance, is located at 6987 Laura St. in Lyons

Griffiss Institute generated $15.4M impact on Mohawk Valley in FY24, study found
ROME, N.Y. — In fiscal year 2024 (FY24), Rome’s Griffiss Institute generated a more than $15 million impact on the economy of the Mohawk Valley. That includes supporting 164 direct and indirect jobs and delivering $3.2 million to scholars and professionals to live, learn, and work alongside regional industry partners in the Mohawk Valley. For

Five Star Bank parent company completes $80 million subordinated debt offering
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has recently completed a private placement of $80 million in aggregate principal amount of fixed-to-floating rate subordinated notes (maturing in 10 years) to qualified institutional buyers and accredited institutional investors. The notes have a maturity date of Dec.

New York manufacturing index ends 2025 in negative territory
Respondents to the monthly Empire State Manufacturing Survey indicated unexpected contraction in the manufacturing sector with the general-business conditions index plunging 23 points to -3.9 in December. This breaks a run of several strong months, as the index had climbed 8 points to 18.7 in November, its fourth positive reading in the past five months

Naturally Lewis Awards Night honors businesses, owners
LOWVILLE, N.Y. — A meat processor located northeast of Lowville is this year’s recipient of the Naturally Lewis Outstanding Business Award. Red Barn Meats, Inc. was among the businesses that Naturally Lewis recognized during its Membership Awards Night held on Nov. 19 at the Town Hall Theater in Lowville. The event brought together more than

Riverside Farm Market formally opens at new location in St. Lawrence County
POTSDAM, N.Y. — Riverside Farm Market, a farm-direct store offering locally sourced products and prepared meals, recently formally opened at its new location at 6759 Route 11 in the town of Potsdam, in St. Lawrence County. The business, owned by Joe Eisele and Dean Laubscher, held a grand opening and ribbon-cutting ceremony with the St.

Casullo appointed to M&T Bank Directors Advisory Council for CNY
SYRACUSE, N.Y. — M&T Bank recently announced it has appointed David Casullo, founder and CEO of Daneli Partners, to its Directors Advisory Council for Central New York. The 11-member council meets regularly to discuss business, customer, and community impact opportunities within Central New York and provides insights to support M&T’s ongoing efforts to develop locally
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.