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New IAED leader begins duties in January
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) describes its next president as someone who brings more than three decades of economic-development experience across the U.S. and a “proven track record of attracting business investment” to the role. IAED on Nov. 4 announced it has selected Kurt Foreman to lead the organization beginning in January […]
Tech Farm II expansion wraps up at Cornell Agriculture and Food Technology Park in Geneva
GENEVA — Crews have completed their work on the expansion of Tech Farm II at the Cornell Agriculture and Food Technology Park in Geneva. The project doubles the park’s current capacity and further bolsters food, beverage, and agricultural innovation in the Finger Lakes, Empire State Development (ESD) announced on Nov. 5. Tech Farm II offers
PAR Technology posts narrower net loss in third quarter
NEW HARTFORD, N.Y. — PAR Technology Corporation (NYSE: PAR) recently reported a net loss of nearly $18.2 million for the third quarter ending Sept. 30. It was a narrower loss than the more than $19.8 million loss (or almost $20.7 million for continuing operations only) that the New Hartford–based company posted in the third quarter
The Agency starts planning process for manufacturing workforce-training center
DICKINSON, N.Y. — The Broome County Industrial Development Agency (The Agency) on Nov. 12 issued a request for qualifications and proposals (RFQ/RFP) to plan the creation of a regional advanced manufacturing workforce-training center. The Agency describes it as a “first-of-its-kind facility designed to strengthen the Southern Tier’s growing innovation and manufacturing economy.” The proposed hub
ANDRO wins patents in cyber/electromagnetics technologies
ROME, N.Y. — The United States Patent Office recently awarded ANDRO Computational Solutions, LLC of Rome two utility patents in the area of wireless cyber, command/control, and communications networking that exploits novel radio frequency machine learning operations (RFMLOps) technologies. The patented invention, titled, “Radio Frequency Fingerprinting Using Attentional Machine Learning” (U.S. Patent No. 12,369,038) applies
SUNY-NY Creates Technology Innovation Institute to advance chip research
ALBANY, N.Y. — It’s an effort that seeks to bolster future semiconductor research and workforce development. The new SUNY-NY Creates Technology Innovation Institute (TII) will support New York State’s leadership in “next generation semiconductor innovation by leveraging the world-class infrastructure at NY Creates’ Albany NanoTech Complex so leading faculty researchers across SUNY’s four university centers
McMahon reacts to Micron’s delayed construction schedule
CLAY, N.Y. — The timeline for construction of the fabrication (fab) facilities at Micron Technology Inc.’s (NASDAQ: MU) upcoming semiconductor campus in the town of Clay has been pushed back. Construction on the first fab — which was previously anticipated to begin in the fourth quarter of 2025 and conclude in the second quarter of
Tompkins Financial boosts quarterly dividend by nearly 5 percent
ITHACA ,N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 65 cents per share for the fourth quarter, up 4.8 percent from the 62 cents it paid last quarter. The new dividend was payable on Nov. 14, to common shareholders
Seneca Foods’ net sales rise 8 percent in latest fiscal quarter
FAIRPORT, N.Y. — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported that its net sales for the fiscal quarter ending Sept. 27, 2025 rose 8.1 percent to $460 million from $425.5 million in the same quarter a year ago. The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities across the
The Forest Grill opens at Point Place Casino
SULLIVAN, N.Y. — The Forest Grill, a casual and rustic farm to fork American grill restaurant, is set to formally open on Nov. 19 at Point Place Casino in the Bridgeport area of the town of Sullivan, in Madison County. It’s the next phase of the $50 million expansion of the casino, which is also
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