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Regional News

Broome County hotels register decline in guests in October

Southern Tier, Sports, Entertainment & Tourism, Subscriber Only

BINGHAMTON — Broome County hotels saw a drop in occupancy in October, as two other key indicators of business performance were mixed in the month. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county slipped 3.5 percent to 62.9 percent in the 10th month of 2024, compared to October 2023, […]

The Women’s Fund awards $5K grants to five businesses

Small Business, Mohawk Valley, Nonprofits, Subscriber Only

Initiative helps firms in Herkimer and Oneida counties ROME — The Women’s Fund of Herkimer and Oneida Counties has awarded grants of $5,000 each to five women-owned businesses from Herkimer and Oneida counties to take the next big step in supporting the community. Hosted by the Women’s Fund, and sponsored by Baird Private Wealth Management,

Five Star Bank appoints chief information officer

Banks & Credit Unions, Southern Tier, Subscriber Only

Christopher Campise brings more than 25 years of tech leadership WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that it has appointed Christopher Campise as senior VP, chief information officer of the bank. In this role, Campise will lead the development and implementation of the bank’s technology

Wolfspeed ousts CEO after lackluster earnings

Manufacturing & Engineering, Mohawk Valley, Subscriber Only, Technology

Wolfspeed Inc. (NYSE: WOLF) is changing things up — starting at the top — after a disappointing first quarter for fiscal year 2025. Less than two weeks after its first earnings report for the year, which revealed a net loss of $282.2 million, the chipmaker announced on Nov. 18 that it would be parting ways

CABVI breaks ground on $24.5 million renovation project

Construction, Design & Real Estate, Manufacturing & Engineering, Mohawk Valley, Subscriber Only, Technology

UTICA — The Central Association for the Blind and Visually Impaired (CABVI) recently broke ground on a $24.5 million project to renovate its Utica headquarters at 507 Kent St. Work will enhance both CABVI’s call center, as well as its manufacturing operations. The project is the final one in a three-part, 10-year plan for expansion

Koffman Incubator leader gets additional responsibilities

Education & Training, Small Business, Southern Tier, Subscriber Only

Katoch to oversee Binghamton University’s entrepreneurship efforts VESTAL — She’s been leading the Koffman Southern Tier Incubator, and Binghamton University has now assigned her additional responsibilities. The school has named Bandhana Katoch as interim assistant VP for entrepreneurship and innovation partnerships (EIP). Katoch, who joined the university in 2023 as executive director of the Koffman

Broome Tech Park development plans continue

Construction, Design & Real Estate, Manufacturing & Engineering, Southern Tier, Technology

The Broome County Industrial Development Agency (The Agency) is hoping to create opportunity in the Southern Tier with the development of up to 600 acres

Excellus BCBS, FamilyCare Medical Group reach contract agreement

Health Care, Employee Benefits & Human Resources, Insurance & Financial Services, Law, Accounting & Taxes, New York News, Nonprofits, Small Business, Southern Tier

DeWITT, N.Y. — Excellus BlueCross BlueShield (Excellus BCBS) and Syracuse–based FamilyCare Medical Group (FCMG) on Thursday announced a new contract agreement effective Jan. 1, 2025.