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

New IAED leader begins duties in January
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) describes its next president as someone who brings more than three decades of economic-development experience across the U.S. and a “proven track record of attracting business investment” to the role. IAED on Nov. 4 announced it has selected Kurt Foreman to lead the organization beginning in January […]

PAR Technology posts narrower net loss in third quarter
NEW HARTFORD, N.Y. — PAR Technology Corporation (NYSE: PAR) recently reported a net loss of nearly $18.2 million for the third quarter ending Sept. 30. It was a narrower loss than the more than $19.8 million loss (or almost $20.7 million for continuing operations only) that the New Hartford–based company posted in the third quarter

The Agency starts planning process for manufacturing workforce-training center
DICKINSON, N.Y. — The Broome County Industrial Development Agency (The Agency) on Nov. 12 issued a request for qualifications and proposals (RFQ/RFP) to plan the creation of a regional advanced manufacturing workforce-training center. The Agency describes it as a “first-of-its-kind facility designed to strengthen the Southern Tier’s growing innovation and manufacturing economy.” The proposed hub

ANDRO wins patents in cyber/electromagnetics technologies
ROME, N.Y. — The United States Patent Office recently awarded ANDRO Computational Solutions, LLC of Rome two utility patents in the area of wireless cyber, command/control, and communications networking that exploits novel radio frequency machine learning operations (RFMLOps) technologies. The patented invention, titled, “Radio Frequency Fingerprinting Using Attentional Machine Learning” (U.S. Patent No. 12,369,038) applies

Tompkins Financial boosts quarterly dividend by nearly 5 percent
ITHACA ,N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 65 cents per share for the fourth quarter, up 4.8 percent from the 62 cents it paid last quarter. The new dividend was payable on Nov. 14, to common shareholders

The Forest Grill opens at Point Place Casino
SULLIVAN, N.Y. — The Forest Grill, a casual and rustic farm to fork American grill restaurant, is set to formally open on Nov. 19 at Point Place Casino in the Bridgeport area of the town of Sullivan, in Madison County. It’s the next phase of the $50 million expansion of the casino, which is also

Senior housing project on Binghamton’s north side is complete
BINGHAMTON, N.Y. — Binghamton Mayor Jared Kraham on Wednesday on Nov. 12 announced the completion of a $3.2 million senior and affordable-housing project on Munsell

Greek Peak Mountain Resort begins making snow ahead of new ski season
VIRGIL, N.Y. — Greek Peak Mountain Resort says it started making snow on Monday evening, Nov. 10, ahead of the upcoming 2025-2026 ski season. The effort continued into the following day with coverage on the Karyatis Way, Meadow, Platonic, Lower Platonic, Elysian Fields, Stoic, and Odyssey trails, as well as the tubing hill. Greek Peak

Hartwick College selects its next president
ONEONTA, N.Y. — The board of trustees of Hartwick College in Oneonta on Monday said it has chosen Laurel Bongiorno as its 13th president. Bongiorno currently serves as Hartwick’s VP for academic affairs and provost. She will assume the presidency on July 1, 2026. In her current role since 2022, Bongiorno has provided overall academic

Rochester accounting firm with Ithaca office acquires another Rochester firm
ROCHESTER, N.Y. — Insero Advisors, LLC, a Rochester–based provider of accounting, tax, and advisory services, has acquired DeMott & Smith CPAs, also of Rochester, which
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.