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

Commerce Chenango to host economic-outlook event on Feb. 25
NORWICH, N.Y. — Commerce Chenango will host its annual economic-outlook briefing on Thursday, Feb. 25 in partnership with NBT Bank. The virtual event is scheduled

NBT Bancorp to pay quarterly dividend of 27 cents in mid-March
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a first-quarter cash dividend of 27 cents a share. The dividend will be paid on March 15, to shareholders of record as of March 1. At NBT’s current stock price, the dividend yields about 3.05 percent on an
Fewer than 3 in 10 Broome County hotel rooms were filled in December
BINGHAMTON, N.Y. — Broome County hotels posted an average occupancy rate (rooms sold as a percentage of rooms available) of 28.3 percent in December, down 35.6 percent from a year ago, as the COVID-19 pandemic continued to take a bite out of the travel and hospitality business. For all of 2020, hotel occupancy fell 37.6

Newly rebranded Rome Health to build physician center
ROME, N.Y. — Rome Health — the rebranded name of Rome Memorial Hospital — has announced plans to build a physician center on its campus in Rome. The health-care provider is gearing up for a $13.1 million capital project to create the new physician center on its main campus, which is located at 1500 N.

Square Deal Machining acquires a nearby company to expand business operations
MARATHON, N.Y. — Two companies with operations in Marathon in southern Cortland County are now working together. Square Deal Machining Inc. (SDMI) — a metal fabrication and machining company based in Marathon — acquired Kurtz Truck Equipment, a truck equipment and fabrication company, also of Marathon. SDMI says the deal allows it to expand its

Raymond rolls out new automated tow tractor
GREENE, N.Y. — The Raymond Corporation, a Chenango County–based manufacturer of forklift trucks and other material-handling products, has recently introduced a new automated tow tractor. The Raymond Courier 3220 Automated Tow Tractor uses vision-guided technology and can tow up to 15,000 pounds. The new tow tractor is the latest addition to Raymond’s line of automated

Tompkins Connect announces winners of the 6th Annual Fab5 Awards
ITHACA, N.Y. — Tompkins Connect, a local young-professional organization in Tompkins County, recently announced the winners of the 6th Annual Fab5 Young Professional Awards, sponsored by the Tompkins Trust Company. The Fab5 Awards highlight and celebrate the achievements of young professionals ages 21-40 who are excelling in their fields and making an impact in Tompkins

Southern Tier, North Country top New York regions in COVID vaccinations
The Southern Tier and North Country regions have each administered 92 percent of the total vaccine doses they have received, the state reported Thursday. That

MVCC launches MV Tech Corps program
UTICA, N.Y. — Mohawk Valley Community College (MVCC) is launching MV Tech Corps, a free program for eligible students involving “short-term” training and a college

Cornell researcher among those awarded funding for heart-defect project
ITHACA, N.Y. — A research project at Cornell University is among eight nationwide to which the American Heart Association (AHA) has awarded a total of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.