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DeWITT — Profit rose to $3.5 million, or 27 cents a share, in the fiscal second quarter at Anaren, Inc. (NASDAQ: ANEN) from $1.2 million, or 8 cents a share, a year earlier. The DeWitt–based company released its second quarter results Jan. 22. Net sales increased 6.3 percent to $38 million for the period. Anaren […]
Welcome to the 2013 edition of The Central New York Business Journal’s Works In Progress feature. Every year we yield the floor to the businesses and nonprofit organizations we cover in order to obtain a snapshot of the local business scene. The information listed here was compiled and edited from forms that companies and nonprofits completed to showcase
Herkimer ARC focuses on new revenues through HI division
HERKIMER — “Not-for-profit is a tax status, not a business strategy,” quotes Kevin Crosley, the president and CEO of the Herkimer ARC, a 501(c)(3) corporation established in 1969 to enable people with disabilities in Herkimer County to achieve full potential and enriched lives. Crosley is a pragmatist who understands that necessity is the handmaiden of
Utica–Rome consumer confidence surges in fourth quarter
The Utica–Rome area was home to one of the state’s largest jumps in consumer confidence during the fourth quarter of 2012, although the region wasn’t able to shake its designation of having the least willing-to-spend residents in New York. Overall confidence swelled 5.8 points in the Utica–Rome metropolitan statistical area (MSA) to 68.2, according to
Adirondack Bank: The same mission since its founding
UTICA— On Halloween of 1898, while many Saranac Lake residents thought of ghosts and goblins, some were busy incorporating the Saranac Lake Cooperative Savings & Loan Association. The S&L’s charter was premised on providing banking services to the area based on integrity, frugality, and community involvement. While the nation has experienced many changes in the
Burrows Paper expands international reach
LITTLE FALLS — “On Dec. 3, 2012, Burrows Paper Corp. completed the acquisition of the remaining 75 percent equity interest in a joint-venture it had established with Innopak Hong Kong, Ltd. in 2008. The deal transferred total ownership of Innopak Heshan — an operating company that converts specialty paper and board-based, foodservice packaging products —
Mohawk Valley Chamber of Commerce names officers for 2013
UTICA — The Mohawk Valley Chamber of Commerce elected the following officers for its board of directors for 2013. Serving for one-year board terms that
Binghamton gets $100,000 in grants to continue energy-efficiency program
BINGHAMTON — The city of Binghamton announced that it has received $100,000 in grants to continue for a third year a program that retrofits homes
Accounting firm DBB expands in Mohawk Valley
NEW HARTFORD — Dermody, Burke & Brown, CPAs, LLC expanded its presence in the Utica area with the addition of Calogero & Associates. The accounting
CNY, Mohawk Valley, Southern Tier unemployment rates rise in December
New York may have added private-sector jobs in December, but unemployment rates in the Binghamton, Syracuse, and Utica-Rome areas crept higher. That’s according to new
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