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

Tompkins Financial profit rises nearly 7 percent in 2nd quarter
ITHACA, N.Y — Tompkins Financial Corp. (NYSE: TMP) reported that its net income rose 6.5 percent to $22.8 million in the second quarter from $21.4

Hummel’s Office Plus acquires Utica–area location of Swish White River
MOHAWK, N.Y. — Hummel’s Office Plus announced it has acquired the Utica–area branch of Swish White River Ltd. Financial terms of the deal remain confidential,

BAE Systems to provide power and propulsion system for superyacht company
ENDICOTT, N.Y. — BAE Systems says it will provide the electric-hybrid power and propulsion system for a new superyacht manufactured by a company called Southern

New York State reports 1,830 COVID cases, highest daily total since mid-May
ALBANY, N.Y. — New York State on Friday reported 1,830 new cases of COVID-19 in the last day, the highest daily total since the middle

Centro to offer scaled-down park-n-ride service to this year’s State Fair
SYRACUSE, N.Y. — Centro says it will offer “park-n-ride” service from downtown Syracuse, Destiny USA, and Long Branch Park for the upcoming New York State

BINGHAMTON, N.Y. — The U.S. Department of Transportation has approved a $1 million grant for the Greater Binghamton Airport. The funding comes from the Small

NYCUA Recognition Awards honor Visions, Horizons, & SEFCU board chairman
ALBANY, N.Y. — Visions Federal Credit Union (FCU) and Horizons Federal Credit Union in Broome County and the chairman of the SEFCU board of directors were among those honored with NYCUA Recognition Awards. The awards were part of the New York Credit Union Association’s (NYCUA) virtual annual meeting and awards ceremony held June 24. Social

Five Star Bank names regional presidents
WARSAW, N.Y. — Five Star Bank, a unit of Financial Institutions, Inc. (NASDAQ: FISI) recently announced it has appointed regional bank presidents. The bank has named Craig Burton Finger Lakes/Southern Tier regional president, in addition to his role as commercial real-estate executive, according to a June 17 Five Star Bank news release. Burton continues to
New York manufacturing activity surged in July
New York manufacturing activity jumped in July, according to the latest edition of the Empire State Manufacturing Survey. The state’s general business-conditions index soared 26 points to 43 in the year’s seventh month, a record high, the Federal Reserve Bank of New York said in its July 15 report. That easily topped economists’ expectations of a reading
CNY region unemployment rates fall in June, jobs rise
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, and Elmira regions were in mid-single-digit figures in June and were roughly half as high as a year ago when the COVID-19 pandemic led to large-scale layoffs. The numbers were part of the latest New York State Department of Labor data released July 20. In addition, all the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.