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Anaren to go private with $381 million sale to Veritas
DeWITT — Anaren, Inc. (NASDAQ: ANEN) will become a private company with its planned sale to a New York City private-equity firm, and Anaren leaders say that will offer the technology firm some competitive advantages. Veritas Capital, an affiliate of Veritas Capital Fund IV, L.P., is acquiring DeWitt–based Anaren in a cash transaction worth about […]
Carrols Restaurant Group trims loss in Q3
SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST), a Syracuse–based Burger King franchisee, on Nov. 5 announced a net loss of $2.8 million, or 12 cents per share, during the third quarter that ended Sept. 30. The figure compares to a net loss from continuing operations of $6.3 million, or 28 cents a share, in
Pathfinder Bancorp Q3 profit declines on higher labor costs
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), parent of Pathfinder Bank, reported that its profit slipped 21 percent in the third quarter, led by increased labor costs. Pathfinder announced on Nov. 1 that net income declined to $528,000 in the third quarter from $670,000 in the year-ago period. The profit decrease “was principally due to the $300,000
The Vision Center builds new location
HORSEHEADS — By next spring, The Vision Center will move to a new location that will give the growing eye-care practice more room and allow it to serve its patients better. “We’re just growing and expanding and running out of space,” says practice owner Dr. John Plow. The Vision Center has operated from 2,400 square
National Electrical Systems moves to new Rome office
ROME — National Electrical Systems, Inc. (NESI) started and has a long history in Boonville, but the company also has some roots in Rome. That’s part of what made Rome the perfect choice as the site of the company’s new headquarters. On Aug. 28, NESI moved from its 4,800-square-foot former headquarters facility on Route 12
WCNY settles into new home on Syracuse’s Near Westside
SYRACUSE — WCNY, Central New York’s public-broadcasting company, on Oct. 30 formally opened its new, 56,000-square-foot broadcast and education center at 415 W. Fayette St. in Syracuse. WCNY moved into the new facility earlier this year after having previously operated at 506 Old Liverpool Road in Salina. “It was always my feeling that we, as
High Point Chiropractic Wellness moves office to Syracuse’s west side
SYRACUSE — Dr. Irum Tahir recently moved her growing chiropractic practice, called High Point Chiropractic Wellness, to Syracuse’s west side from its former location on Onondaga Hill. Tahir bought the 4,200-square-foot freestanding office building at 1732 W. Genesee St. for $238,000 from Pureenergy Property Management, LLC, according to a news release from JF Real Estate,
Siena survey: New Yorkers find real-estate market ‘strongly positive’
New York state consumers’ view of the real-estate market is “strongly positive” for the second straight quarter, and the expectation is that this market is “here to stay.” That’s according to Donald Levy, director of the Siena (College) Research Institute (SRI), which released its latest survey report of consumer real-estate sentiment in the Empire State
Officials break ground on the Finger Lakes Viticulture Center in Geneva
GENEVA, N.Y. — Construction of the Finger Lakes Viticulture Center is set to begin soon on the campus of the Cornell Agriculture and Food Technology Park (also called The Technology Farm) in Geneva, adjacent to the New York State Agricultural Experiment Station. On Oct. 24, about 150 guests gathered at the Technology Farm to break ground
Payment-Bond Claims: An Alternative Way to Ensure Contractors are Paid
All too often, unfortunately, many construction subcontractors do not get paid for labor or materials. In order to receive payment, most subcontractors resort to filing a Mechanics Lien. The governing statutes contain a thicket of requirements that are strictly construed by the courts and must be followed to the letter, and collection efforts may be
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