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

Binghamton University using $3.5M NSF grant for cybersecurity scholarships
VESTAL, N.Y. — A federal grant of $3.5 million over the next five years will help Binghamton University offer cybersecurity scholarships to two dozen students. The National Science Foundation’s (NSF) CyberCorps Scholarship for Service (SFS) program is designed to recruit and train the next generation of information-technology (IT) experts and security managers to meet the […]

Strategic Financial focuses on employees to drive growth
UTICA,N.Y. — Taking the helm of a business started by your father can be a daunting prospect. It’s a role that Alan Leist III, CEO of Strategic Financial Services — founded by his father Alan Leist, Jr, in 1979 — takes very seriously, honoring both the responsibility and the privilege the position has afforded him.
Lockheed’s Syracuse–area plant wins $129M contract modification
SALINA, N.Y. — The U.S. Army has selected the Salina plant of Lockheed Martin Corp. (NYSE: LMT) for a $129 million modification to a previously awarded contract for six radar systems and related equipment and services for the military of Romania. This modification also provides for spare parts, tool kits, remote computer display units, integrated

St. Elizabeth College of Nursing graduates 47 new nurses in class of 2022
UTICA, N.Y. — The 2022 class of 47 nurses graduated from the St. Elizabeth College of Nursing (SECON) on Saturday, May 14. Of the graduates, 42 attended weekday classes and five participated in the college’s evening/weekend program. Mary, Mother of Our Savior Parish hosted the 116th graduation ceremony, the college said in a news release.

Church Street Apartments in Port Byron are sold
PORT BYRON, N.Y. — The Church Street Apartments, a 39-unit apartment complex at 27 Church St. in Port Byron, has been sold. DePaul Acquisitions, LLC purchased the complex from Port Byron Redevelopment Co., LP for $1, plus the assumption of the mortgage loan, according to a release from Hemisphere Holdings Corp. The loan amount was

Three small businesses begin operations in downtown Ithaca
ITHACA, N.Y. — Two eateries and a waxing salon are now conducting business in downtown Ithaca. The businesses are Lev Kitchen, Adam Grill, and the Pretty Peach Wax Studio. Representatives from the City of Ithaca, Downtown Ithaca Alliance (DIA), and Tompkins Chamber participated in April 22 ribbon-cutting ceremonies held at each of the businesses, DIA

PAR’s strong Q1 revenue offset by operating costs
NEW HARTFORD, N.Y. — Last year’s acquisition of loyalty and guest-engagement platform Punchh paid off in double-digit sales growth in the first quarter of 2022 for PAR Technology Corp. (NYSE: PAR), but a number of factors still led to an overall net loss in the period. PAR revenue increased 47.4 percent to $80.3 million in

Oneida County Tourism gears up for busy summer season
UTICA, N.Y. — After two summers of pandemic-dampened travel, Oneida County Tourism is gearing up for a busy 2022 travel season with a new tourism map, new travel guide, and new website. “We are feeling very positive about the upcoming summer season and even into fall,” says Kelly Blazosky, president of Oneida County Tourism. That

Guthrie Clinic’s senior leadership now includes chief strategy officer
The Guthrie Clinic has recently added a chief strategy officer, executive VP to its senior-leadership team. In this new role, Elizabeth (Liz) Jaekle will lead strategic planning and implementation, marketing, communications, and philanthropic initiatives across the Guthrie system. She will oversee the development and execution of new business ventures, partner affiliations, market expansions, physician integration, and

Community Bank wraps up Elmira Savings acquisition
DeWITT, N.Y. — The acquisition of Elmira Savings Bank by Community Bank System, Inc. (NYSE: CBU) does more than just add branches to its Community Bank, N.A. unit. The purchase brings a broader and deeper set of services to bank customers, says Mark E. Tryniski, president and CEO of Community Bank System, which is based
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.