Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Giotto builds his 10th business, Oriskany Arms
ORISKANY — The Greeks called it “sunergia.” Today, we call the word “synergy,” meaning “cooperation” or “working together.” In business, it generally relates to the cooperative interaction of acquired subsidiaries or merged entities. For Frank Giotto, it’s the driving force behind his business enterprises. Not content to manage nine corporations, he incorporated his 10th last […]
New leadership, products mark start of 2014 at Otis Technology
LYONS FALLS — Otis Technology, a Lewis County–based manufacturer of gun-cleaning kits, has started 2014 with a new CEO and several new products that it says help promise growth. On Jan. 1, Leonard Puzzuoli stepped into the role as CEO, replacing company founder Doreen Garrett as part of a plan crafted five years ago to
New York Air Brake parent to fund renovation project at Watertown food pantry
WATERTOWN — The parent company of New York Air Brake, LLC (NYAB) in Watertown will pay for a renovation project at the Watertown Urban Mission Food Pantry. NYAB announced the $205,000 project in a news release. The project seeks to improve the pantry’s ability to serve a “growing number” of North Country families in need.
Jimmy John’s restaurant opens in Pike Block
SYRACUSE — Jimmy John’s, a national franchised sandwich restaurant chain based in Champaign, Ill., has opened its third Syracuse–area eatery in the Pike Block in
Cuomo launches Business Mentor NY
Gov. Andrew Cuomo on Thursday announced the formal launch of Business Mentor NY, the state’s first “large scale, hands-on” mentoring program geared to help entrepreneurs and small businesses across New York overcome challenges and spur growth. First mentioned in Cuomo’s State of the State address, the new initiative builds on the volunteer-mentoring efforts that helped
The Beeches: Adapting in the second hundred years
Necessity is the handmaiden of invention. — author unknown ROME — On Dec. 12, 1901, Guglielmo Marconi received the first radio signal transmitted across the Atlantic Ocean. At the same time, Frank Destito was on board a ship bound from Italy to New York City — final destination: Rome, N.Y. Destito, who was newly married,
Oneida Savings Bank: Diversification turns sleepy bank into community powerhouse
ONEIDA — One year after the Civil War ended, residents of Oneida established the Oneida Savings Bank (OSB). Chartered in New York state, the corporation was structured as a mutual savings bank, whereby the depositors were the bank’s owners. Serving clients in Oneida and Madison counties, OSB collected deposits, paid interest, and financed residential mortgages
Ephesus Lighting names Crunch owner Dolgon as chief marketing officer and Lorenz as president
SYRACUSE — Syracuse Crunch owner Howard Dolgon is adding to his responsibilities with a management title in a Syracuse business that is based at the
El Chico’s Bar & Grill to formally reopen in Rome Friday
ROME — El Chico’s Bar & Grill, an area restaurant started in the 1940s, will formally reopen in Rome on Friday. The grand-opening ceremony for
Small employers of reservists are eligible to apply for SBA working-capital loans
Small businesses that have suffered economic losses while the owner or a key employee was called up to active duty are eligible to apply for
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.