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

NBT Bancorp boosts quarterly dividend by more than 6 percent
NORWICH — The board of directors of NBT Bancorp, Inc. (NASDAQ: NBTB), parent of NBT Bank, N.A., recently approved a first-quarter cash dividend of 34 cents per share. The new payment is an increase of 2 cents a share, or 6.3 percent, over the dividend of 32 cents that the banking and financial services company […]

Ithaca Area Economic Development seats new board members, elects officers
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) announced it appointed its 2025 board of directors at the first quarterly meeting of the year in

McFarland Johnson names new CEO of engineering
BINGHAMTON, N.Y. — McFarland Johnson, Inc. — an employee-owned planning, technology, design, and construction-services firm — says it has appointed Thomas Kendrick as its new CEO of engineering, effective Feb. 1. “With his exceptional skills and vast experience, Tom is poised to lead our engineering operations and drive the growth and innovation of our technical

Crews raise the final beam in first phase of expansion project at Point Place Casino in Bridgeport
SULLIVAN, N.Y. — Construction crews on Tuesday, Feb. 4 raised the final beam into place on the first phase of the $50 million expansion of

Ithaca College plans new $4 million track and field facility
ITHACA, N.Y. — With help from alumni, Ithaca College plans to build a new outdoor track and field facility for use by intercollegiate athletic teams as well as the wider campus and surrounding community, the college said. The project — with a total cost of $4 million — will include an eight-lane, 400-meter running track

NBT Bank names president of CNY and Pennsylvania
SYRACUSE, N.Y. — NBT Bank has promoted David Kavney to president of Central New York and Pennsylvania, a new role he will fill in addition to his responsibilities as regional president of Central New York and the Mohawk Valley. Kavney’s expanded responsibilities include supporting NBT’s commercial banking leaders and teams in Central New York, the

Ithaca woman charged with defrauding state pension plan out of nearly $70K
ITHACA, N.Y. — An Ithaca woman is accused of stealing almost $70,000 in state pension payments meant for her deceased husband, according to an announcement

Curtis Lumber to acquire JAY-K Independent Lumber in New Hartford
NEW HARTFORD, N.Y. — Curtis Lumber, a Saratoga County firm, announced it will acquire JAY-K Independent Lumber Corp., of New Hartford, in a deal expected to close in February. With the acquisition, Curtis Lumber, based in Ballston Spa, plans to close its Waterville location on April 1 and consolidate it into the New Hartford store,
Oneida County hotel business indicators were mixed in December
UTICA — Oneida County hotels had a mixed month of business performance in December, as measured by three key benchmarks. The hotel-occupancy rate (rooms sold as a percentage of rooms available) edged down 0.9 percent to 43.9 percent in the final month of 2024 compared to the year-prior month, according to a report from STR,

ANDRO awarded $2 million Naval research contract to study AI integration
ROME, N.Y. — The Marconi-Rosenblatt AI Innovation Lab at ANDRO Computational Solutions, in collaboration with Syracuse University, has received a $2 million Small Business Technology
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.