Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
California company selects Wolfspeed component for energy management product
Battery-management and charging-technology company AMP recently announced the integration of Wolfspeed’s E-series silicon carbide metal-oxide-semiconductor field-effect transistor (MOSFET) into AMP’s e-mobility energy management unit. Wolfspeed’s technology allows AMP to optimize battery performance, charging, and costs. Wolfspeed, based in Durham, North Carolina, employs more than 300 people at its Mohawk Valley Fab facility that opened this […]

Town of Union announces $1.5M in grant programs for businesses and commercial-property owners
UNION, N.Y. — A new slate of federally funded grant programs will award $1.5 million in the town of Union to help businesses and commercial-property owners improve and grow. “We’re excited to offer $1.5 million in grant funding to town of Union businesses,” Joseph Moody, Town of Union economic development director, said in a news
SBA approved more than $200M in traditional loans for upstate small businesses in FY22
The upstate New York district of the U.S. Small Business Administration (SBA) on Nov. 2 announced it approved more than $200 million in 524 traditional loans for small businesses in 34 counties across upstate New York during federal fiscal year 2022 (FY22). The figures represent a year-over-year increase of 52 traditional loans from FY2021. The

ConMed lowers full-year guidance despite higher Q3 sales
Hospital-staffing shortages, supply-chain issues, and foreign-currency pressures together created a major concern for ConMed Corp. (NYSE: CNMD), pushing the medical-device maker to lower guidance for the remainder of the year in spite of a nearly 11 percent rise in net sales in the third quarter. ConMed reported improved third-quarter sales of $275.1 million, boosted by

Oneida Nation Enterprises starts accounting-scholarship program
VERONA, N.Y. — As businesses continue to struggle with unfilled positions, Oneida Nation Enterprises has launched a new scholarship program designed to attract and retain accounting professionals. The Professional Accounting Development Program for employees in its finance department is designed for accounting students as well as professionals working toward an associate, bachelor’s, or master’s degree

State nears completion of Route 8 bridge-replacement project in Utica
UTICA, N.Y. — Major construction is complete on the $11.8 million project to replace the Route 8 bridge over state Routes 5 and 12, with just minor work remaining, according to a recent announcement from Gov. Kathy Hochul. The new multi-girder bridge replaces one built in 1960 and enhances safety and mobility along a key
Jefferson County hotel occupancy up in September
WATERTOWN — Jefferson County hotels welcomed more guests in September than a year ago as their business momentum rebounded. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county increased 7.3 percent to 61.8 percent in the ninth month of the year, according to STR, a Tennessee–based hotel market data and
Oneida County hotel-occupancy rate rises 4 percent in September
UTICA , N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 4 percent to 65.8 percent this September compared to the year-ago month, as the area hotel business rebounded from August’s decline. That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Occupancy in

Oneida County Tourism honored for digital food tour
UTICA, N.Y. — Capping off a year where visitor spending in Oneida County totaled $2.7 billion, Oneida County Tourism (OCT) received two awards from the New York State Tourism Industry Association (NYSTIA) for a 2021 digital-marketing campaign promoting the delicious foods for which the region is known. The A-Z Food Tour on OCT’s Instagram page,

Officials to study feasibility of a center in Binghamton to honor Rod Serling
BINGHAMTON, N.Y. — In a “journey into a wondrous land of imagination,” The Agency, in partnership with the Rod Serling Memorial Foundation, the Serling Family, and others are looking into developing the Rod Serling “Dimensions of Imagination” Center for Media and the Arts. The center would honor “The Twilight Zone” creator whose hometown was Binghamton.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.