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

NBT appoints Mahoney president of wealth management
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced it has appointed Ruth H. Mahoney as its executive VP and president of wealth management. Mahoney,

Lockheed Martin Owego wins $34M contract modification from Navy
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant was recently awarded a modification to a previous contract from the United States Navy that is worth up to $34.4 million. This modification adds scope to provide integration and installation of a Hellenic Navy System configuration on three USN8 time configuration remote sensors for aircraft, according
New York egg production edges down in July
New York farms produced 146.8 million eggs in July, down 0.3 percent from 147.3 million eggs in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State averaged 5.7 million in July, up almost 1.1 percent from 5.64 million layers a year prior. July egg production

New York’s closed home sales climb in July as pending sales dip
ALBANY, N.Y. — New York realtors 13,765 previously-owned homes in July, up nearly 33 percent from the 10,384 homes they sold in July 2020. However, pending sales in July fell by nearly 13 percent, indicating that the pace of closed home sales may moderate in the coming months. The data comes from the New York

Hochul discusses schools, shots, ethics in first speech
ALBANY, N.Y. — Gov. Kathy Hochul used her first speech as governor to announce policies on vaccinations and masks in schools, overall vaccination rates and booster shots, rent relief, and state-workforce policies. In the early portion of her remarks, she acknowledged that New Yorkers may not yet know her, but Hochul said, “I know you.”

New York local sales-tax collections rise 21% in July
ALBANY, N.Y. — Local government sales-tax collections in New York state increased 21.2 percent in July compared the same month in 2020. It marks the fourth straight month that collections exceeded 2020 results and reflects the state’s recovery from the pandemic. That’s according to New York State Comptroller Thomas DiNapoli, who said on Aug. 17

Bonadio Group to expand NYC footprint with planned merger
ROCHESTER, N.Y. — The Bonadio Group — a Rochester–based accounting firm that operates an office in Syracuse — plans to expand its footprint in the New York City area. Ganer + Ganer, a New York City–based accounting firm, plans to merge its operations with the Bonadio Group. Ganer + Ganer will begin operating under the

AAA Western & Central New York hires new corporate counsel
AAA Western and Central New York has announced the hiring of Elizabeth (Liz) Bove as corporate counsel. Bove, who will work from AAA’s headquarters in Amherst (suburban Buffalo), will represent AAA on all legal matters and provide legal counsel to the organization. She most recently worked as a senior associate at Phillips Lytle LLP in Buffalo, AAA

Construction on Upstate Medical’s Nappi Wellness Institute is “nearly half complete”
SYRACUSE, N.Y. — Construction on the Nappi Wellness Institute across East Adams Street from Upstate Cancer Center is “nearly half complete,” Upstate Medical University said.

New York’s small-business COVID-19 recovery grant program expands eligibility
ALBANY, N.Y. — More small businesses can now apply for funding in New York’s $800 million COVID-19 small-business recovery grant program. Starting Wednesday, businesses with
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.