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

Five Star Bank appoints chief information officer
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 […]

Koffman Incubator leader gets additional responsibilities
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
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
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.

Finger Lakes Land Trust purchased land along Black Diamond Trail
ULYSSES, N.Y. — The Finger Lakes Land Trust (FLLT) announced it purchased 23 acres in the town of Ulysses in Tompkins County from the Cayuga Nature Center. The property, which is a mix of meadows and woodlands, is located along the Black Diamond Trail at the Houghton Road crossing. The FLLT intends to transfer the

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