Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
M&T Bank buys naming rights for Mohawk Harbor Event Center in Schenectady
SCHENECTADY — M&T Bank Corp. (NYSE: MTB) recently announced it has secured the exclusive naming rights to the new state-of the-art events venue that Galesi Group is building in the heart of Mohawk Harbor in Schenectady. Situated along the waterfront of the revitalized Mohawk Harbor in Schenectady, the M&T Bank Center will become a regional […]
Community Bank announces acquisition of 7 Pennsylvania bank branches
DeWITT, N.Y. — Community Bank, N.A., a subsidiary of Community Financial System, Inc., (NYSE: CBU) announced it will acquire seven branches of Santander Bank, N.A. in Allentown, Pennsylvania. The deal also includes certain branch-related loans and deposits, and Community Bank will purchase related wealth-management relationships. Community Bank expects to assume about $600 million in deposits
Brockway-Carpenter Real Estate formally opens new Utica office
UTICA, N.Y. — Brockway-Carpenter Real Estate is celebrating its new office at 288 Genesee Street with a ribbon-cutting ceremony on Thursday, June 26. The office is located on the second floor of the building. According to an announcement from the Greater Utica Chamber of Commerce, the formal opening event will take place from 4-6 p.m.
International Wire Group to acquire Pennsylvania copper company
CAMDEN, N.Y. — International Wire Group (IWG), a member of the Olympus Partners and Atlas Holdings portfolio, entered into a purchase agreement to acquire Hussey Copper of Leetsdale, Penn. “This acquisition represents our steadfast commitment to broadening our presence in the electrical infrastructure ecosystem,” IWG CEO Gregory Smith said in a press release announcing the
City of Syracuse, developer break ground on upcoming housing, retail project
SYRACUSE, N.Y. — Work is beginning on a new mixed-use development on Syracuse’s East side that’s located within walking distance of Syracuse University. Officials broke ground on the project, known as The Rosie, on Tuesday afternoon at 1301 E. Genesee St. in Syracuse. The Michaels organization of Camden, New Jersey joined the City of Syracuse
Micron, U.S. agree on expanded investments in manufacturing, including Clay campus
Micron Technology, Inc. (NASDAQ: MU) says it expects to begin ground preparation in Clay later this year following completion of state and federal environmental-review processes. The expectation was part of a June 12 announcement with the Trump Administration indicating Micron’s plans to expand its U.S. investments to about $150 billion in domestic memory manufacturing and
New York manufacturing activity dips for a fourth straight month
New York manufacturers are indicating that they’re still struggling with new orders and shipments, leading to continued contraction in the sector. The Empire State Manufacturing Survey general business conditions index fell 7 points to -16.0 in June, with business activity for manufacturers declining for a fourth consecutive month. The June survey found that after rising
CHJC names new chair of board of directors
WATERTOWN — CHJC recently announced the appointment of Lisa Parsons as the chair of its board of directors. A dedicated advocate for children and families, Parsons brings years of leadership experience and a strong commitment to CHJC’s mission of serving the North Country community, the organization said. Her strategic insight, passion for service, and long-standing
Finger Lakes woman pleads guilty to state pension-payment theft
Stole over $25K in payments made to her deceased mother GENESEO — Patricia Chatley, 61, of Nunda in Livingston County, recently pled guilty to stealing more than $25,000 in New York State pension payments made to her deceased mother. State Comptroller Thomas P. DiNapoli, Livingston County District Attorney Ashley Williams, and New York State Police
Geneva General Hospital names new chief of medical staff
GENEVA — Margaret-Mary Ameyaw, MD, an internist and hospitalist, has been elected chief of staff for the Geneva General Hospital medical staff through April 2027. As part of this appointment, Dr. Ameyaw will serve on the board of directors of UR Medicine Finger Lakes Health, the hospital’s parent organization. Dr. Ameyaw is the director of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.