Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Northern District of N.Y. adopts local patent rules
As patent cases have become more frequent in recent years, local judicial districts across the nation have been adopting their own rules to help courts handle the cases more efficiently. The federal U.S. District Court for the Northern District of New York is the latest to do so. The rules are an attempt to help […]
Steele Law grows since founding
OSWEGO — When Kimberly Steele lost her job in a bank merger in 2006, she decided to strike out on her own. Steele founded The Steele Law Firm, P.C. five years ago. At the time, she was its sole attorney. The firm now employs seven lawyers, along with support staff members, says Steele, managing attorney.
Latest funding round for Diffinity includes more CNY support
Diffinity Genomics, a biotechnology firm based in Rochester, closed a second round of funding in May that included support from the Allyn Family Capital Fund, LLC. Eric Allyn, a co-chairman of the board of directors at Skaneateles Falls–based Welch Allyn, has joined Diffinity’s board. It’s an important addition, Diffinity CEO Jeffrey Helfer says. “He brings a
June survey shows slowdown in state manufacturing growth
Growth for New York’s manufacturers downshifted in June, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York. The general business conditions index in the survey, which was released June 15, plummeted 14.8 points to 2.3. The descent brought the index to its lowest reading since last November, when
Tetra Tech Architects & Engineers expands with new markets, services
ITHACA — A locally based business unit of Tetra Tech, Inc. (NASDAQ: TTEK) has expanded its footprint to New England and added new services. Tetra Tech Architects & Engineers (TAE), based in Ithaca, combined with another business within Tetra Tech that provided services including land development, transportation planning and design, remediation, assessment and compliance, water
Key on track to close deal for HSBC branches
KeyBank remains on track to acquire 37 HSBC branches in the Buffalo and Rochester markets in July. The deal should close July 13, according to Key. The bank will acquire 26 branches in the Buffalo area and 11 in the Rochester market. The acquisition will bring $2.4 billion in deposits and $400 million in loans.
Fleet-management firm, Crosshair, looks to grow
VESTAL — In the year since it was formed, Crosshair Consultants, LLC has built up a steady business within the natural-gas industry in Pennsylvania. With drilling a possibility on the horizon in New York, the Vestal–based company is looking to grow its business locally. Crosshair is a management-consultant firm specializing in federal Department of Transportation
Binghamton University installs solar-powered parking meters
VESTAL — Parking has recently gone green at Binghamton University. In April, the university installed five new solar-powered, pay-by-space parking meters around campus serving multiple parking spaces. The new units replace older, battery-powered models, says Daniel Chambers, deputy chief of police at Binghamton University. The problem with the old ones, he says, is that the
CenterState Chamber Alliance expects more members
SYRACUSE — CenterState CEO and the Mohawk Valley Chamber of Commerce are launching a partnership that could eventually include chambers of commerce throughout the region. The organizations announced the CenterState Chamber Alliance on June 7. The partnership makes each group’s member services and benefits available to the other. That includes networking programs, education and training
Excellus: Generics slated to hit shelves could save $714M Upstate
New generic medications set to appear in pharmacies in 2012 and 2013 could save more than $714 million per year in prescription-drug spending in upstate New York, according to estimates released June 12 by Excellus BlueCross BlueShield. The savings would come from patients switching to generic versions of 35 brand-name prescription drugs with expiring patents. Generics
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.