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

Austrian firm withdraws from chip-fab project at Marcy Nanocenter
MARCY, N.Y. — The Austrian firm that had planned to invest in a wafer-fabrication facility at the Marcy Nanocenter has decided not to pursue the

State awards Crouse Health $1 million for emergency-services expansion
SYRACUSE, N.Y. — New York has awarded Crouse Health a grant of $1 million for its Pomeroy emergency-services department expansion project. The hospital will use

Watt takes over as NBT president and CEO
NORWICH, N.Y. — John Watt, Jr. started serving as the new president and CEO of NBT Bancorp Inc. (NASDAQ: NBTB) on Monday morning. Watt is

First Niagara Risk Management completes transition to KeyBank
BUFFALO, N.Y. — The insurance agency First Niagara Risk Management is now officially a subsidiary of KeyBank, operating under the name Key Insurance & Benefits

New York manufacturing index surges in December
The Empire State Manufacturing Survey general business-conditions index climbed 8 points to 9 in December, its highest level since April. Economists had predicted an index

Number of New York farm distilleries nearly doubles in two years, Cuomo says
Gov. Andrew Cuomo announced on Tuesday, the second anniversary of the Craft New York Act, that the number of farm distilleries has nearly doubled since

Report: Syracuse, Utica–Rome, Binghamton regions lost jobs in the last year
The Syracuse, Utica–Rome, and Binghamton regions lost jobs in the past 12 months, while the Watertown–Fort Drum and Ithaca regions added jobs in the same

State awards Le Moyne $1.8 million for upcoming quantitative-reasoning center
SYRACUSE, N.Y. — The state has awarded Le Moyne College a grant of $1.8 million for a project that will launch a quantitative-reasoning center (QRC).

Launch NY, Syracuse Tech Garden team up to win federal grant for seed funding
Launch New York Inc. (Launch NY) and Syracuse Technology Garden have teamed up to win a federal grant award of more than $245,000 for a

State announces $2.8 million in NYSUNY 2020 funding for Binghamton University
VESTAL, N.Y. — Binghamton University will use $2.8 million in NYSUNY 2020 funding to support the development of a renewable-energy research and development (R&D) facility.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.