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

Chemung Financial pays Q4 quarterly dividend of 31 cents a share
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock. The banking company will pay the dividend on Jan. 3, to shareholders of record as of the close of business on Dec. 20. Chemung Financial […]

Real-estate sales slow slightly to end year
“The bulk of the year was very similar to 2021,” says Jessica Dillenbeck, president of the Greater Binghamton Association of Realtors. The year, much like the preceding years, was marked by low interest rates combined with a shortage of inventory that made it a seller’s market. That lasted until summer when interest rates started increasing.

New medical office and surgical center breaks ground in Utica
UTICA, N.Y. — Local physician group Central Utica Building (CUB) held a groundbreaking on Dec. 17 to celebrate the start of construction on its medical office building and ambulatory-surgery center. Located on the corner of State and Columbia streets in Utica, just across from Wynn Hospital, the three-story building will house CNY Cardiology in 28,000

The Raymond Corporation: vital to the global supply chain
While the term “supply chain” has become part of the vernacular, it is still safe to assume that typical consumers are probably not thinking about the steps that it takes to get the item from their Amazon shopping cart to their front door. The incredibly intricate and interconnected global world of storage, distribution, and material

Raymond Corp. plans continued product innovations in 2023
GREENE — After a year filled with celebrating the company’s 100th anniversary, The Raymond Corporation is looking ahead to a year of innovation and helping its customers. The company kicked off 2022 with the introduction of several new products and innovations including its iWAREHOUSE Field Sense proximity-notification system, High Capacity Orderpicker that picks a full

“We have been working a long time to rejuvenate the village through redevelopment, renovation, and revitalization,” Mayor Linda Jackson said in the state’s press release.

Ithaca Area Economic Development to use grant funding for manufacturing-partnership program
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) announced that it will use $31,500 in grant funding to advance its Direct to Work (DTW) manufacturing-partnership

City of Oneida receives nearly $10 million for downtown revitalization
ONEIDA, N.Y. — A nearly $10 million state Downtown Revitalization Initiative (DRI) award will help the City of Oneida complete eight projects to leverage the

Herkimer College emergency-management program partners with Embry-Riddle
HERKIMER, N.Y. — Herkimer County Community College’s new partnership allows students in its emergency-management certificate program to transfer up to 18 credits toward the fully

SUNY Broome appoints Tioga County Chamber president to BIT advisory board
OWEGO, N.Y. — SUNY Broome Community College has appointed Sabrina Henriques, CEO & president of Tioga County Chamber of Commerce & Foundation, to its business
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.