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

Contractor faces multiple charges for defrauding homeowners in two counties
NORWICH, N.Y. — On Oct. 31, New York State Police at the Norwich Bureau of Criminal Investigation (BCI) arrested a contractor for allegedly defrauding homeowners

State provides $20 million to support next phase of NextFlex involving Binghamton University
VESTAL, N.Y. — New York State is spending $20 million to support the next phase of the federally sponsored NextFlex initiative, dedicated to developing flexible

ConMed posts nearly 11 percent sales growth in Q3, ups guidance
ConMed Corporation (NYSE: CNMD) recently reported robust third-quarter earnings that pushed company executives to inch up guidance for the company’s full-year earnings. The medical-device manufacturer

NBT Q3 earnings slide as company wraps up Salisbury acquisition
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), parent company of NBT Bank, N.A., reported a profit decline for the third quarter due to costs related to its acquisition of Salisbury Bancorp, Inc. finalized on Aug. 11. The banking company produced net income of $24.6 million, or 54 cents a share, for the quarter ending

KeyBank’s new Ithaca branch consolidates two prior offices
ITHACA, N.Y. — KeyBank (NYSE: KEY) says its new branch office at 604 South Meadow St. in downtown Ithaca is the result of a branch consolidation and will provide customers with better services. KeyBank says it combined its branches located at 300 North Tioga St. and 2315 North Triphammer Road into the one, new office

Visions FCU branches pilot wearable closed-captioning device
Its Endicott office is among them ENDWELL, N.Y. — Visions Federal Credit Union (FCU) says it is piloting a device called “Badger” at select locations, including its branch in Endicott. The device is meant to “enhance accessibility of branch services,” Visions FCU said in its Sept. 1 announcement. Endwell–based Visions is

Community Bank System’s Q3 profit slips 9 percent
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent of Community Bank, N.A. — reported net income of $44.1 million, or 82 cents a share, in the third quarter, down 9.4 percent from $48.7 million, or 90 cents per share, in the same quarter a year ago. The earnings dip primarily resulted from

Le Moyne College partners with Meier’s Creek Brewing for Le Moyne-themed beer
SYRACUSE, N.Y. — Le Moyne College says it has an agreement with Meier’s Creek Brewing Company for a fundraiser that involves a Le Moyne-themed beer.

AmeriCU names Wood assistant VP of strategic partnerships
ROME, N.Y. — AmeriCU Credit Union recently promoted Heather Wood to assistant VP of strategic partnerships, a role in which she will build and maintain partnerships that align with the credit union’s strategic goals. Wood brings more than 20 years of experience in the industry to the new role, where she will work with internal

Lockheed Martin Owego wins nearly $380M Navy order for helicopters for Spain
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego was recently awarded a $379.6 million firm-fixed-price order from the U.S. Navy against a previously issued basic ordering agreement. This order provides for the production and delivery of eight MH-60R Seahawk helicopters for the government of Spain, according to an Oct. 12 contract announcement from
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.