Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Rome Health nears completion of $45M capital project’s phase one
ROME, N.Y. — With the installation of new signage at the Kaplan Center for Surgical Services, Rome Health announced it has reached a significant milestone in its capital project to modernize surgical services and intensive care at the facility. The newly placed signage serves as a symbol of how close the health system is to […]
Lockheed Martin to pay quarterly dividend of $3.30 per share in late June
Lockheed Martin Corp. (NYSE: LMT) recently announced that its board of directors has authorized a second-quarter, 2025 dividend of $3.30 a share. The defense contractor will pay the dividend on June 27, to holders of record as of the close of business on June 2. At Lockheed’s current stock price, the dividend yields about 2.8
Area small businesses honored with SBA, SBDC awards
ONONDAGA, N.Y. — The U.S. Small Business Administration (SBA) and the North Central Small Business Development Center (SBDC) on May 5 recognized five area small businesses and one bank to begin festivities associated with National Small Business Week. The SBA’s Syracuse district office held the awards ceremony in the Gordon Student Center at Onondaga Community
SBA Syracuse district office recognizes Savurn Memorials
ONONDAGA, N.Y. — The Syracuse district office of the U.S. Small Business Administration (SBA) has recognized a family business in Norwich as a regional Veteran Owned Small Business of the Year. The SBA honored Savurn Memorials, LLC during its May 5 recognition event at Onondaga Community College’s (OCC) Gordon Student Center. Father and son Mark
New York SBDC remembers founding director Jim King
ALBANY, N.Y. — The man who helped launch the New York Small Business Development Center (NYSBDC) in 1984 and served as its executive director for 33 years recently died at the age of 73. In its May 7 announcement, NYSBDC described James L. (Jim) King as a “widely respected leader whose vision, dedication, and decades
Capital–area cybersecurity firm to move to Rome’s Innovare Center
ROME, N.Y. — A Troy-based cybersecurity startup will establish its software development and operations headquarters at the Innovare Advancement Center in Rome and join the Griffiss Institute’s incubator. The Innovare Center offers an innovation ecosystem designed to accelerate breakthroughs in national security, defense technology, and advanced cybersecurity. “By relocating to Innovare and partnering with Griffiss
Pathfinder Bank expands small biz, commercial-lending teams
OSWEGO, N.Y. — Pathfinder Bank recently announced it has added three experienced lenders in the commercial and small-business banking space: James Wright, Heather Mulhall, and Ryan Kohutanich. These new hires bring deep local market expertise and a proven track record of operational success, Pathfinder contends. They are driving business loan and deposit growth in Syracuse,
VIEWPOINT: N.Y. Offers Relief for Employers Unaware of Weekly Pay Provision in Labor Law
It is common practice across the country for employees to be paid every other week or twice per month, because that imposes much less time and manpower on an employer than running payroll weekly. But such a practice can subject certain employers in New York to liability. Section 191 of the New York Labor Law
GSBDC, CenterState CEO partner to help area small businesses
SYRACUSE, N.Y. — A new partnership between CenterState CEO and the Greater Syracuse Business Development Corporation (GSBDC) seeks to scale GSBDC’s lending resources and better serve the region’s small businesses. CenterState CEO is an economic development and chamber of commerce organization, while the GSBDC is a certified development company by the U.S. Small Business Administration
Historic Bateman Hotel building in Lowville wins NYS Historic Preservation Award
LOWVILLE, N.Y. — The state Office of Parks, Recreation and Historic Preservation recently announced that it has recognized 13 projects and individuals with 2025 New York State Historic Preservation Awards. This year’s award winners include a historic-rehabilitation project at a former North Country hotel. The Bateman Hotel building — located in Lowville, in Lewis County
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.