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

Micron draft environmental-impact statement released, triggering public-comment period
CLAY, N.Y. — The massive, 20,000-page draft environmental-impact statement (DEIS) on the upcoming Micron Technology Inc. (NASDAQ: MU) manufacturing campus in the town of Clay

Community Bank announces acquisition of 7 Pennsylvania bank branches
DeWITT, N.Y. — Community Bank, N.A., a subsidiary of Community Financial System, Inc., (NYSE: CBU) announced it will acquire seven branches of Santander Bank, N.A. in Allentown, Pennsylvania. The deal also includes certain branch-related loans and deposits, and Community Bank will purchase related wealth-management relationships. Community Bank expects to assume about $600 million in deposits

Operation Oswego County annual meeting includes project review, local awards
OSWEGO, N.Y. — Operation Oswego County and the County of Oswego IDA (COIDA) in 2024 helped with projects that resulted in the creation or retention

Wolfspeed announces Chapter 11 bankruptcy plans
DURHAM, N.C. and MARCY, N.Y. — Wolfspeed, Inc. (NYSE: WOLF), which operates a facility in Marcy, announced plans to file for pre-packaged Chapter 11 bankruptcy

Brockway-Carpenter Real Estate formally opens new Utica office
UTICA, N.Y. — Brockway-Carpenter Real Estate is celebrating its new office at 288 Genesee Street with a ribbon-cutting ceremony on Thursday, June 26. The office is located on the second floor of the building. According to an announcement from the Greater Utica Chamber of Commerce, the formal opening event will take place from 4-6 p.m.

Hochul directs NYPA to develop a new upstate nuclear-power plant, location to be determined
LEWISTON, N.Y. — Gov. Kathy Hochul says she wants the New York Power Authority (NYPA) to develop and construct a zero-emission, advanced nuclear-power plant somewhere

American Airlines adds nonstop flights for Syracuse-Notre Dame football game in November
SYRACUSE, N.Y. — American Airlines has added special nonstop flights between Syracuse and South Bend, Indiana for Syracuse University (SU) football fans attending the team’s

International Wire Group to acquire Pennsylvania copper company
CAMDEN, N.Y. — International Wire Group (IWG), a member of the Olympus Partners and Atlas Holdings portfolio, entered into a purchase agreement to acquire Hussey Copper of Leetsdale, Penn. “This acquisition represents our steadfast commitment to broadening our presence in the electrical infrastructure ecosystem,” IWG CEO Gregory Smith said in a press release announcing the

Cornell University launching layoffs, citing “profound financial challenges”
ITHACA, N.Y. — Cornell University says it’s facing “profound financial challenges” and is taking several steps that will “reduce Cornell’s workforce,” something the university calls

Downtown Committee’s annual meeting highlights ongoing projects
SYRACUSE, N.Y. — Development activity totaling $292 million is either announced or underway in downtown Syracuse. The projects include new housing units that are planned
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.