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

Excellus net income declines 50 percent in 2022
ROCHESTER, N.Y. — Excellus BlueCross BlueShield reported net income of $58.9 million on $6.6 billion in premium revenue in 2022, down 50 percent from the $117.6 million that the health insurer generated in 2021. The nonprofit disclosed the figures in an annual financial report filed with the New York State Department of Financial Services. Rochester–based […]

Northwoods takes over management of Norman Shadduck Agency in Binghamton
BINGHAMTON, N.Y. — The Northwoods Corporation entered into a management agreement March 1 with the Norman Shadduck Agency, located at 32 Broad Ave., in Binghamton. Under the agreement, Northwoods now manages the daily operations of the agency. David Shadduck remains the agency’s sole owner and president. Shadduck and the agency’s one employee remain with the

Bassett adds caregiver-support service to employee benefits
COOPERSTOWN, N.Y. — Bassett Healthcare Network recently enhanced its employee-benefits package by offering Dari by Homethrive, a family-caregiving-technology platform for employees caring for aging family members or loved ones with special-care needs. “As we enhance our benefits to support each and every caregiver, we enhance the wellbeing of people throughout our region. We are excited

Doyle Security Systems appoints new Watertown general manager
WATERTOWN — Doyle Security Systems, Inc., a provider of alarm systems and monitoring services, recently announced it has promoted Travis Morgia to general manager of the company’s Watertown branch office. His promotion coincides with the retirement of his father, Bruce Morgia, who had previously served as president of STAT Communications. Doyle Security Systems acquired STAT

Bird flu found at Tompkins County pheasant farm
ITHACA, N.Y. — The state Department of Environmental Conservation (DEC) this week announced a suspected outbreak of bird flu at the Reynolds Game Farm, a

NYPA awards ReCharge NY power allocations to three CNY firms
Micron Technology Inc. (NASDAQ: MU) and Lotte Biologics USA, LLC are among the firms securing low-cost power allocations from the New York Power Authority (NYPA).

Hartwick College renames apartment community to honor trustee’s wife
ONEONTA, N.Y. — Hartwick College will rename its living-learning apartment community in memory of Dr. Judith Day, wife of trustee and alumnus Raymond (Larry) Miller,

Wayne County manufacturer, Dynalec, wins nearly $24 million Navy contract
SODUS, N.Y. — Dynalec Corporation, a communications-equipment manufacturer in Wayne County, was recently awarded a $23.9 million contract from the U.S. Navy for the delivery

Upstate Cerebral Palsy changes name to Upstate Caring Partners
UTICA, N.Y. — UCP now stands for Upstate Caring Partners after Upstate Cerebral Palsy changed its name to better reflect the diversity of services the

ANCA awarded $558K USDA grant for climate-smart project
SARANAC LAKE, N.Y. — The Adirondack North Country Association (ANCA) will use a $558,000 federal grant to support climate-smart agroforestry projects on small farms in
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.