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

Tioga County Chamber announces new president and CEO
OWEGO, N.Y. — The Tioga County Chamber of Commerce board of directors has named Sabrina Henriques as the chamber’s new president and CEO. Henriques began

Comptroller says ESD “failed to fully evaluate” nearly $2 billion in economic-development programs
ALBANY, N.Y. — Empire State Development (ESD) has “failed to fully evaluate” most of its programs to determine if they are boosting the state’s economy

Regional companies among finalists in FuzeHub’s annual commercialization competition
ALBANY, N.Y. — Businesses from Syracuse, Cazenovia, Binghamton, Hamilton, and Potsdam are among the finalists in FuzeHub’s 2021 commercialization competition. The event is set for

Upstate Medical to break ground on Upstate Cancer Center in Verona on Oct. 20
VERONA, N.Y. — Upstate Medical University plans to break ground on its new Upstate Cancer Center in Verona next Wednesday, Oct. 20. The upcoming 30,000-square-foot

Crews finish transforming school into $22 million Endicott Square housing development
ENDICOTT, N.Y. — Workers have completed a $22 million renovation of the “underutilized” Henry B. Endicott School building into 61 affordable apartments in the village

NYPA CEO, Quiniones, leaving for top job at Illinois utility with CNY connection
WHITE PLAINS, N.Y. — Gil Quiniones, president and CEO of the New York Power Authority (NYPA), has resigned from the position after 10 years to

USDA launches $100M loan-guarantee program to expand meat and poultry processing capacity
The United States Department of Agriculture (USDA) on Oct. 4 announced that the department is planning for another $100 million in funding from the American Rescue Plan Act. The money would leverage hundreds of millions more in lending through community and private-sector lenders to expand meat and poultry processing capacity and finance other food supply-chain

The company that’s building its $1 billion Mohawk Valley Fab near Utica is now operating under a new name. Durham, North Carolina–based Cree Inc. has changed its name to Wolfspeed, Inc. (NYSE: WOLF). The renamed firm specializes in silicon-carbide technology and production. The Mohawk Valley Fab — which is under construction at the Marcy Nanocenter on the

With upcoming retirement, Preferred Mutual appoints new leadership
The firm on Oct. 4 announced the promotion of R. Benedikt Sander to the role of president and CEO, effective Jan. 1. PMIC has also promoted Jeffrey Lopata to COO and executive VP, also effective at the beginning of the new year, per a company news release. Preferred Mutual Insurance is based in New Berlin

New Kinney Drugs president says pharmacy chain must be different
GOUVERNEUR, N.Y. — New Kinney Drugs President John Marraffa says his vision for the company is to “create a customer experience unmatched by others.” “By building on our 118-year history, I hope to reinforce a standard of excellence that transcends traditional pharmacy,” Marraffa said in a release. “We must be different. By expanding our services,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.