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Small Business

Kurt Foreman

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

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

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The Agency

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

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

Tompkins Financial

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

Pathfinder Bank

Pathfinder Bancorp posts profit improvement in Q3

OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income attributable to common shareholders of $626,000, or 10 cents per share, in the third quarter of this year. That’s a significant improvement from $31,000, or less than 1 cent a share, in the second quarter of this year,

Greek Peak Mountain Resort begins making snow ahead of new ski season

VIRGIL, N.Y. — Greek Peak Mountain Resort says it started making snow on Monday evening, Nov. 10, ahead of the upcoming 2025-2026 ski season. The effort continued into the following day with coverage on the Karyatis Way, Meadow, Platonic, Lower Platonic, Elysian Fields, Stoic, and Odyssey trails, as well as the tubing hill. Greek Peak

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