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Lockheed Martin in Owego wins more than $9.7 million contract for Air Force equipment
OWEGO, N.Y. — Lockheed Martin Corp.’s Owego plant has been awarded a contract worth up to $9.7 million for the manufacture of B-2 countermeasure receivers for the U.S. Air Force. It’s a firm-fixed-price, one-year contract from the Defense Logistics Agency, with no option periods. The work will be done in New York and Florida, with […]
Broome County hotel occupancy leaps nearly 78 percent in December
BINGHAMTON, N.Y. — Broome County hotels saw another surge in guests in December compared to the year-prior levels that were depressed by the pandemic’s effects, according to a recent report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 77.6 percent to 49.8 percent in December, according to STR,
Binghamton, Cornell aim to attract international businesses to Southern Tier
VESTAL, N.Y. — Binghamton University and Cornell University are working together to entice international companies to bring operations to the Southern Tier and upstate New York. With a federal grant of $1.6 million, Binghamton is partnering with Cornell University’s SC Johnson College of Business on the effort, Binghamton University said in a news release. The
Utica College joins esports conference and will build campus esports center
UTICA, N.Y. — Utica College has joined East Coast Conference (ECC) Esports, giving students the opportunity to compete and represent the college on a national stage. In addition, the college will construct a state-of-the-art esports center on campus. The new facility, located in the current Carbone Auditorium in Bull Hall, will feature 30 computer stations
Boost OC program awards $3.25M in gift cards for area businesses
UTICA, N.Y. — Oneida County recently wrapped up its Boost OC vaccination-incentive program, awarding $3.25 million to residents in the form of gift cards redeemable at a variety of area businesses. The program launched in September, using $2.5 million in federal American Rescue Act funding to issue $100 gift cards to county residents who received
ConMed tops $1 billion in sales in 2021
ConMed Corp. (NYSE: CNMD) closed out 2021 — the second year of the COVID-19 pandemic which saw the arrival of two new variants and led to large-scale pauses on elective surgeries numerous times — with solid fourth-quarter sales and full-year sales topping $1 billion for the first time in the company’s history. The surgical-device maker reported
CNY jobless rates fall in December; regions add jobs
Unemployment rates in the Syracuse, Utica-Rome, Watertown-Fort Drum, Binghamton, Ithaca, and Elmira regions continued to fall in December relative to year-ago levels amid the pandemic. The figures are part of the latest New York State Department of Labor data released Jan. 25. In addition, the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions gained
Five Star Bank to offer digital bitcoin services
WARSAW, N.Y. — Five Star Bank, a subsidiary of Financial Institutions, Inc. (NASDAQ: FISI), announced that it will become one of the first financial institutions in the U.S. to enable its banking clients to securely buy, sell, and hold bitcoin, powered by NYDIG. NYDIG is a bitcoin company based in New York City. Five Star
Visions CEO enters Credit Union Executives Society Hall of Fame
The top official of Endwell–based Visions Federal Credit Union has earned Hall of Fame recognition. Tyrone Muse, president and CEO of Visions, is now a member of the Credit Union Executives Society (CUES) Hall of Fame. CUES, which says it is a talent-development leadership organization, on Dec. 28 announced the winners of its annual awards and
Tompkins Financial to pay Q1 dividend on Feb. 15
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 57 cents per share for the first quarter. The dividend is payable on Feb. 15, to common shareholders of record on Feb. 8. The dividend is the same amount that the
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