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

Corning Inc.’s Canton plant to create up to 130 jobs
It comes after winning $32 million in CHIPS funding CANTON — More manufacturing jobs are on the way for the Canton plant of Corning Incorporated (NYSE: GLW). The company has reached an up to $32 million preliminary memorandum of terms (PMT) funding […]

Upstate N.Y. Energy Storage Engine CEO starts position
VESTAL — An engineer with “decades of experience in industry and higher education” is now serving as the CEO of the Upstate New York Energy Storage Engine that Binghamton University leads. Meera Sampath previously served as the associate dean of research in Binghamton’s Thomas J. Watson College of Engineering and Applied Science, according to its

Q3 earnings slip at Chemung Financial as new branch opens
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently reported net income of $5.7 million, or $1.19 per share, in the third quarter, down 25 percent from $7.6 million, or $1.61 per share, in the year-ago quarter. However, the latest quarter’s results were an improvement over Chemung Financial’s net

Excellus BCBS, WellNow reach new provider contract agreement
More than a year after a contract dispute surfaced between Excellus BlueCross BlueShield (Excellus BCBS) and WellNow Urgent Care, the two entities have executed a

Corning Inc. awarded $32M in CHIPS funding for Canton plant, creating up to 130 manufacturing jobs
CANTON, N.Y. — Corning Incorporated (NYSE: GLW) has reached an up to $32 million preliminary memorandum of terms (PMT) funding agreement with the U.S. Department

New York City firm wins $1 million grand prize in Grow-NY competition in Ithaca
ITHACA, N.Y. — Unibaio of New York City is the $1 million grand-prize winner of the sixth annual Grow-NY business competition. The funding was awarded at the Grow-NY Summit, a two-day event in Ithaca where finalists pitched their business plans to a panel of expert judges, Empire State Development (ESD) said in its Thursday evening

Broome County approves 2025 budget
BINGHAMTON, N.Y. — The Broome County Legislature approved the 2025 county budget on Nov. 7, bringing the sixth consecutive property-tax-rate reduction to county residents. The
Preferred Mutual Insurance names two new board members
NEW BERLIN, N.Y. — Preferred Mutual Insurance Company recently announced the appointments of Laura M. Casamento and Nicole C. Woodall to its board of directors.

Georgia firm plans cottage community near Binghamton University
VESTAL, N.Y. — A Georgia real-estate firm that specializes in student housing has committed to building a new cottage community in Vestal less than a mile from Binghamton University. Landmark Properties started construction on The Retreat at Bunn Hill, a project that will provide lower density housing with an array of resident benefits, according to

Binghamton University names Koffman Incubator leader to oversee entrepreneurship efforts
VESTAL, N.Y. — Binghamton University says the woman who leads the Koffman Southern Tier Incubator now has additional duties. 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 Southern Tier Incubator, will continue to oversee
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.