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

Five Star Bank parent company completes $80 million subordinated debt offering
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has recently completed a private placement of $80 million in aggregate principal amount of fixed-to-floating rate subordinated notes (maturing in 10 years) to qualified institutional buyers and accredited institutional investors. The notes have a maturity date of Dec. […]

New York manufacturing index ends 2025 in negative territory
Respondents to the monthly Empire State Manufacturing Survey indicated unexpected contraction in the manufacturing sector with the general-business conditions index plunging 23 points to -3.9 in December. This breaks a run of several strong months, as the index had climbed 8 points to 18.7 in November, its fourth positive reading in the past five months

Naturally Lewis Awards Night honors businesses, owners
LOWVILLE, N.Y. — A meat processor located northeast of Lowville is this year’s recipient of the Naturally Lewis Outstanding Business Award. Red Barn Meats, Inc. was among the businesses that Naturally Lewis recognized during its Membership Awards Night held on Nov. 19 at the Town Hall Theater in Lowville. The event brought together more than

Riverside Farm Market formally opens at new location in St. Lawrence County
POTSDAM, N.Y. — Riverside Farm Market, a farm-direct store offering locally sourced products and prepared meals, recently formally opened at its new location at 6759 Route 11 in the town of Potsdam, in St. Lawrence County. The business, owned by Joe Eisele and Dean Laubscher, held a grand opening and ribbon-cutting ceremony with the St.

Oswego Hospital medical staff appoints new leadership
OSWEGO, N.Y. — The medical staff at Oswego Hospital recently appointed new leadership for 2025-2026, including David Bass, DO, as president and Michael Danise, MD, as VP, according to a Dec. 8 announcement from Oswego Health. Dr. Bass, a board-certified cardiologist, has served the community since 2020 through the Center of Cardiology at Oswego Health

New York cheese production rises more than 4 percent in October
New York production facilities produced nearly 78 million pounds of cheese (excluding cottage cheese) in October of this year. That’s up 4.2 percent from the approximately 74.8 million pounds produced in both September 2025 and October 2024, the USDA’s National Agricultural Statistics Service (NASS) recently reported. U.S. cheese production (excluding cottage cheese) totaled about 1.26

SUNY Poly dean awarded $50K grant to embed Google industry credentials into course work
MARCY, N.Y. — SUNY has awarded $50,000 to the dean of arts and sciences at SUNY Polytechnic Institute (SUNY Poly) in Marcy through the Embedding

Deadline for MMRI 2026 summer-fellowship program applicants is early February
UTICA, N.Y. — The Masonic Medical Research Institute (MMRI) in Utica says college students interested in a summer fellowship can apply for consideration. The application deadline is Friday, Feb. 6, 2026. The program is open to both local and national undergraduate and graduate students. The MMRI Summer Fellowship is a 10-week, hands-on training program designed

Southern Tier nonprofits to benefit from Tioga Downs Foundation grants
NICHOLS, N.Y. — Nonprofit organizations throughout the Southern Tier and Northern Pennsylvania will use a total of $2 million in grant funding provided by the Tioga Downs Regional Community Foundation. The money is meant to help further their objectives, missions, and organizations, Tioga Downs said in announcing the grant awards. Grant recipients were announced during

Oswego Health Foundation’s 6th annual gala raises more than $132K
OSWEGO, N.Y. — The Oswego Health Foundation’s 6th annual gala, “The Power of Pink,” drew a crowd of 252 generous guests and supporters at the Lake Ontario Event and Conference Center on Nov. 8 and raised more than $132,000 to advance local health care. Proceeds from this year’s gala will support the creation of a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.