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

New York manufacturing index dives back into negative territory in December
The general-business conditions index of the Empire State Manufacturing Survey plunged 23 points to -3.9 in December. This breaks a run of several strong months,

Snowmaking project gets underway at Utica’s Val Bialas Ski Center
UTICA, N.Y. — A $2 million renovation project has started at the Val Bialas Ski Center in Utica. New York State Assemblywoman Marianne Buttenschon (D–Marcy), Utica Mayor Michael Galime (R), and the Amodio family were among those participating in the Nov. 24 event. “Today, I am excited to attend the groundbreaking on the renovations that

KeyCorp pays 4th quarter 2025 dividend in mid-December
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 3 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the fourth quarter of this year. The dividend is payable on Dec. 15, to

New York corn production projected to have declined 20 percent this year
New York farms are estimated to have produced just over 74.9 million bushels of corn for grain in 2025, down 20 percent from nearly 93.8 million bushels last year. That is according to a USDA National Agricultural Statistics Service (NASS) crop-production forecast made on Nov. 1. The total yield per acre in the Empire State

New York soybean production plummets nearly 38 percent in 2025
Farms in New York state are estimated to have produced nearly 11.6 million bushels of soybeans this year, down 37.7 percent from just over 18.6 million bushels of soybeans in 2024. That’s according to a USDA National Agricultural Statistics Service (NASS) crop-production forecast as of Nov. 1. The decline in production is a sharp reversal

Syracuse apartment rent prices for one-bedroom units jump in November
SYRACUSE, N.Y. — The median rental price for most apartments in the Syracuse metro area jumped nearly 12 percent in November from a year ago and rose 6 percent from the prior month. That’s according to the latest Zumper National Rent Report, which was issued on Nov. 24. The median rental price of one-bedroom apartments

Community Bank appoints head of business banking credit and operations
ALBANY, N.Y. — Community Bank, N.A. announced it has hired Jeff Connolly as SVP, head of business banking credit & operations. Based in Albany, Connolly will lead Community Bank’s business-banking credit efforts. He will oversee the strategic direction and execution of credit-risk management and operational processes within the business banking division for the bank’s New

SU’s Whitman School launches Orange Business Angel Network
SYRACUSE, N.Y. — The Martin J. Whitman School of Management at Syracuse University (SU) is announcing the start of the Orange Business Angel Network (OBAN).

NY SMART I-Corridor Opportunity Exchange focused on opportunities in advanced manufacturing
BUFFALO, N.Y. — The Buffalo Niagara Partnership, a co-convener of the NY SMART I-Corridor, on Monday hosted an Opportunity Exchange. The event brought together business leaders, educators, and economic-development partners from across the Buffalo Niagara region to explore opportunities in advanced manufacturing, the semiconductor supply chain, and workforce development. The event included updates from Micron
LYONS FALLS, N.Y. — Otis Technology, which specializes in gun maintenance, has promoted Brad McIntyre to CEO, effective Jan. 1, 2026. McIntyre currently serves as executive VP and has worked for Otis for more than 25 years, per a Tuesday company email. Otis Technology is located at 6987 Laura St. in Lyons Falls in Lewis
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.