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

NBT Bancorp to close on Salisbury Bancorp acquisition on Aug. 11
NORWICH, N.Y. — NBT Bancorp Inc., (NASDAQ: NBTB) announced it will complete its acquisition of Connecticut–based Salisbury Bancorp, Inc. on Aug. 11, now that it

Oswego County awarded nearly $1.8M in state matching funds after shared-services tax savings
OSWEGO, N.Y. — New York has awarded Oswego County nearly $1.8 million in state matching funds as a result of taxpayer savings from shared services

Two new Southern Tier cannabis dispensaries open
VESTAL, N.Y. — Two new Southern Tier cannabis dispensaries recently opened, bringing the total number of legal and licensed dispensaries in the state to 19.

Smith Brothers Insurance acquires Massachusetts firm
Smith Brothers Insurance, which has New York offices in Vestal, Owego, Waverly, and Rensselaer, says it has acquired an independent insurance agency located in Worcester,

SUNY Poly names new chief of staff
MARCY, N.Y. — Wayne Westervelt has joined SUNY Polytechnic Institute as the new chief of staff and VP for external relations. Westervelt brings more than

Ogdensburg realtor named National Association of Realtors Region 2 VP
Jennifer Stevenson, of Ogdensburg, was recently named the 2024 National Association of Realtors (NAR) Region 2 vice president at the recent NAR Conference and Expo in Washington, D.C. NAR regional VPs include 13 elected members who are appointed to oversee the work of the national association in their respective region. NAR’s Region 2 covers New

Cortland County man charged with grand larceny for jet-ski theft
MARATHON, N.Y. — New York State Police in Homer on June 27 arrested Benjamin C. Truitt, age 28 of Marathon, for fourth degree grand larceny, a felony, after he allegedly stole a jet ski and trailer. The State Police say there was a report of a jet ski and trailer stolen in April from outside
Lockheed Martin Owego wins more than $192 million U.S. Army contract modification
OWEGO, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in Owego was recently awarded a $192.2 million modification to a U.S. Army contract for Modernized-Radar Frequency Interferometer production, sustainment hardware, and technical, logistical, test and engineering support. Work locations and funding will be determined with each order, with an estimated completion date of Aug.
Broome County hotel occupancy rises slightly in May, other business indicators up strongly
BINGHAMTON, N.Y. — Broome County hotels registered a small increase in guests in May compared to the year-earlier month, while two other business indicators rose much more substantially. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county edged up 0.5 percent to 62.8 percent in the fifth month of this

New York home sales slide more than 20 percent in May
ALBANY, N.Y. — New York realtors closed on the sale of 8,819 previously owned homes in May, down 20.4 percent from 11,075 existing homes sold in the state in the year-prior month. Pending sales also declined more than 4 percent, foreshadowing further but smaller declines in closed home sales in the next couple of months.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.