Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Berkshire president and CEO elected chairman
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) President and CEO Michael Daly will become chairman of the Pittsfield, Mass.–based banking company on Jan. 1. Berkshire Hills’
Chobani formally opens $450 million yogurt plant in Idaho
NORWICH — Chobani, Inc. today announced the formal grand opening of its new manufacturing plant in Twin Falls, Idaho, the company’s second in the U.S.
Matt Brewing launches $5 million biogas-to-power facility
through a process called anaerobic digestion. The New York State Energy Research and Development Authority (NYSERDA) provided a $1 million incentive to Matt Brewing Co.,
Arnot Health leader sets retirement for end of 2013
ELMIRA — Arnot Health President and CEO Anthony Cooper will retire on Dec. 31 of next year and be replaced by the health-care system’s medical
Lockheed to work on major international helicopter contract
OWEGO — Lockheed Martin’s Owego site will perform work over the next six years on a $686 million contract involving sales of MH-60R Seahawk helicopters
Survey finds middle market execs feeling dour
More than two-thirds of middle market executives in a new survey have a fair to poor outlook for the national economy’s next 12 months. KeyBank’s latest Middle Market Business Sentiment survey also found that just 16 percent of those surveyed are more confident in their businesses’ potential to thrive after the election. The survey, conducted
A look back at 2012 in Greater Binghamton business news
BINGHAMTON — The past year in Greater Binghamton business news featured big projects and the area moving forward after heavy flooding devastated much of the
Upstate loses confidence in November, contrasting with NYC
November readings of New York consumers’ willingness to spend moved counterintuitively in the wake of Superstorm Sandy, dropping in the largely unscathed upstate region while rising in the hard-hit New York City area. Upstate New York’s overall index of consumer confidence fell 2 points to 73.6, according to polling conducted by the Siena (College) Research
Geneva hair-products maker powers up with windmills
GENEVA — Zotos International, Inc. found a way for the wind to blow through its hair-care products. The Geneva–based manufacturer uses a pair of 1.65-megawatt wind turbines to help power its plant at 300 Forge Ave. The 364-foot turbines have been operational for about 12 months, and Zotos hopes to use them to generate as
Ithaca clean-tech startup looks to seas for power
ITHACA — An Ithaca–based clean-tech startup firm, called WavElectric, is developing a power-generation system that focuses on producing electricity using the motion of ocean waves. The company’s technology was developed by Angel Martinez, a senior research technician at Cornell University. The system involves a kinetic-power generator that is activated by movement, says Alessandro Anzani, WavElectric
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.