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

Holliday named board chair for Five Star Bank parent company
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that Susan R. Holliday has been named chair of the board of directors. Holliday previously served as vice chair of Financial Institutions. She was the owner, president, and publisher of the Rochester Business Journal from 1988-2016. Holliday is currently […]

Broome County awarded more than $3.2M federal grant to purchase low or no-emission buses
BINGHAMTON, N.Y. — Broome County will use a more than $3.2 million federal grant to purchase or lease low or no-emissions buses and other transit

Cuomo: New York ending COVID-19 state disaster emergency on Thursday
Cuomo made the announcement as he unveiled new renderings for an essential workers monument in New York City. It came just hours before Oneida County

NORWICH, N.Y. — Development Chenango Corporation (DCC) has signed an agreement to buy the building at 14-16 S. Broad St. in Norwich for a future

Cayuga Medical Center to use grant award to care for patients whose primary language isn’t English
“This initiative will help advance Cayuga Health System’s commitment to meeting the needs of our diverse community and treating all people with dignity so that

Ithaca student-housing complexes sold to Chicago–based firm
Visum Development worked with its equity partners — including East To West Capital, a real estate private-equity firm in the United Kingdom — to sell

SUNY, NYSDOL launch campaign to attract companies to apprenticeship program to help state reopen
ORISKANY, N.Y. — SUNY Chancellor Jim Malatras on Wednesday launched a campaign urging New York employers to sign up for apprenticeship programs at SUNY. By

Hamilton College Town-Gown Fund awards $157K in grants
CLINTON, N.Y. — The Hamilton College Town-Gown Fund recently distributed a “record” $157,000 in grants to 14 nonprofit and public-safety organizations serving the town of

Lockheed Martin Owego plant wins $8 million-plus order from U.S. Navy
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant was recently awarded a more than $8 million order against a previously issued basic ordering agreement from the U.S. Navy. This order provides for non-recurring engineering in support of the design of the Common MH-60R/S Aircraft survivability equipment architecture to integrate the APR-39C(V)2 radar warning

Ultralife awarded contract under U.S. Army’s $1.25 billion conformal wearable battery program
NEWARK, N.Y. — Ultralife Corp. (NASDAQ: ULBI), a Wayne County–based maker of batteries and communications systems, recently announced it has been awarded a contract from the U.S. Army for purchases of conformal wearable batteries. The firm-fixed price indefinite-delivery/indefinite-quantity contract is not to exceed $168 million during the three-year base-award period, with the potential for up
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.