Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
February 17, 2020 Business Journal
Click to View the February 17, 2020 Business Journal
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.

CNY ATD appoints 2020 leadership team
SYRACUSE — CNY ATD announced it has appointed the following people to its 2020 leadership team: • President – Steven DeHart, Progressive Insurance • President Elect – Melissa McLean, Oracle • Past President – Amy Bartolotta, The Hartford • VP CNY BEST – Beth King, Terakeet • VP Programs – Christy Rohmer, NYSERNet • ELA Vice Chair – Erin Cunia, National
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — CNY ATD announced it has appointed the following people to its 2020 leadership team:
• President – Steven DeHart, Progressive Insurance
• President Elect – Melissa McLean, Oracle
• Past President – Amy Bartolotta, The Hartford
• VP CNY BEST – Beth King, Terakeet
• VP Programs – Christy Rohmer, NYSERNet
• ELA Vice Chair – Erin Cunia, National Grid
• Emerging Chair; President Emeritus – Mark Britz, ThruWork/The eLearning Guild
• Virtual Opportunities Chair – Kati Wheeler, The Bonadio Group
• Scholarship Chair – Eileen Hudack, SUNY Upstate Medical University
• President Emeritus – Ingrid Gonzalez-McCurdy, Elmcrest Children’s Center
• President Emeritus – Ken Steiger, Steiger Training & Development
• CNY BEST Co-Vice Chair – Jim D’Agostino, TDO – Train, Develop, Optimize
• CNY BEST Co-Vice Chair – Cathy Gaynor, Emergent, LLC
• Programs Vice Chair – Brent Danega, St Joseph’s Health
• ELA Vice Chair – Cheri Green, OneGroup
• Virtual Opportunities Vice Chair – Cynthia Doss, SUNY Syracuse EOC
• Scholarship Vice Chair – Laura Carroll
• Managing Director – Julie Billings, Eventi Management
• Managing Director – Brenda Grady, ACME Planning
CNY ATD is the local affiliate chapter of Association for Talent Development (ATD). This year, CNY ATD received national recognition with an ATD Chapter Excellence Award for its long-standing, just-completed 12th Annual CNY BEST Talent Development Program recognizing excellence in talent development in the CNY area and recognizing more than 175 organizations and individuals as CNY Champions of Learning.
Onondaga County hotel occupancy rate rises nearly 3 percent in December
SYRACUSE — Hotels in Onondaga County were fuller in December than in the year-ago month, while room revenue also rose, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 2.5 percent to 40.3 percent in December, according to STR, a Tennessee–based hotel market
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — Hotels in Onondaga County were fuller in December than in the year-ago month, while room revenue also rose, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 2.5 percent to 40.3 percent in December, according to STR, a Tennessee–based hotel market data and analytics company. For all of 2019, hotel occupancy in the county fell 3.6 percent to 56.7 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, rose 3.6 percent to $36.32 in December. For the full year, the county’s RevPar declined 2.6 percent to $58.61.
Average daily rate (or ADR), which represents the average rental rate for a sold room, gained 1.1 percent to $90.11 in December. In 2019, Onondaga County’s ADR was up 1 percent to $103.29.
Tompkins Financial to pay quarterly dividend of 52 cents a share on Feb. 18
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 52 cents a share for the first quarter. The dividend is payable on Feb. 18, to common shareholders of record on Feb. 10. It’s the same amount that Tompkins Financial paid in
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 52 cents a share for the first quarter.
The dividend is payable on Feb. 18, to common shareholders of record on Feb. 10. It’s the same amount that Tompkins Financial paid in last year’s fourth quarter, when it boosted its dividend by 2 cents from the dividend of 50 cents a share that the banking company had paid in the third quarter.
At Tompkins Financial’s current stock price, the payment yields more than 2.3 percent on an annual basis.
Tompkins Financial also announced that it generated nearly $21.1 million in net income in the fourth quarter, up 11.5 percent from more than $18.9 million in the same quarter in 2018.
For the full year of 2019, the banking company generated net income of $81.7 million, down less than 1 percent from
$82.3 million in 2018.
Tompkins Financial is a financial-services firm, with more than $6.7 billion in total assets, serving the Central, Western, and Hudson Valley regions of New York and the Southeastern part of Pennsylvania. Headquartered in Ithaca, Tompkins Financial is parent of Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, and Tompkins Insurance Agencies, Inc. It also offers wealth-management services through Tompkins Financial Advisors.

Le Moyne College, partners want ERIE 21 initiative to support “innovation economy”
SYRACUSE — Le Moyne College has launched the ERIE 21 initiative, which stands for “Educating for Our Rising Innovation Economy in the 21st century.” The program seeks to “create infrastructure that will support individuals preparing for jobs in the innovation economy” and includes educational, training, and private-enterprise initiatives, according to Le Moyne. The college is
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — Le Moyne College has launched the ERIE 21 initiative, which stands for “Educating for Our Rising Innovation Economy in the 21st century.”
The program seeks to “create infrastructure that will support individuals preparing for jobs in the innovation economy” and includes educational, training, and private-enterprise initiatives, according to Le Moyne.
The college is partnering with the state, City of Syracuse, and Onondaga County governments, the Syracuse City School District (SCSD), private high-tech firms, and banks in ERIE 21.
New York State has provided initial funding of $2 million for the program “that over the next decade could be transformational for the Central New York economy,” Le Moyne contends.
Even before funding was received, the work of ERIE 21 had already started, as Le Moyne hosted two “coding villages” during the summers of 2018 and 2019 that introduced students from Syracuse middle schools to both the field of coding and the range of careers in which it is embedded.
“ERIE 21 will work to address two of the major challenges facing this region,” Le Moyne President Linda LeMura said. “First, it will help develop a homegrown talent pool to make an impact on the critical shortage of software developers, analysts, engineers and cybersecurity experts needed for existing jobs and also to attract new businesses to Central New York. Second, it will begin to address the plague of poverty — particularly the inordinately high incidence among blacks and Latinos in the city of Syracuse — by introducing coding and computer skills to students at a young age at a time when it will engage them and spark an interest in possible careers.”
Erie Canal parallel
In drawing a parallel to the Erie Canal, which “transformed” the region’s economy in the early 19th century, ERIE 21 would feature four virtual “locks” that will serve to assist individuals in their journey to become part of the “innovation economy.”
Lock 1 is supporting the SCSD in programming and activities (including the summer coding villages) for “rising” 6th, 7th, and 8th grade students.
Lock 2 involves improving graduation rates with a focus on students in grades 9 to 12 by “building upon the highly successful” academic-support programs that Le Moyne operates in partnership with New York and the U.S. Department of Education, such as the Science and Technology Entry Program (STEP), Upward Bound, and the Liberty Partnerships Program (LPP).
Lock 3 is launching a new academic program at Le Moyne in software systems science that would benefit area businesses looking for employees with “strong competencies” in computational reasoning and coding.
Lock 4 involves developing training and educational services that adult workers need in transitioning between jobs, along with veterans; those experiencing long-term unemployment, immigrants, and others seeking to either access the jobs of the “innovation economy” or move to more highly skilled jobs within the information/technology sector.
“ERIE 21 aligns perfectly with Syracuse Surge, the city’s strategy for inclusive growth in the new economy,” Syracuse Mayor Ben Walsh said in a statement. “Just as the Erie Canal once transformed Syracuse, ERIE 21 will create a pathway in the city to jobs in tech and other industries, and generate homegrown talent to feed the growing local demand for computational, software and engineering skills. I am grateful to be partnering with Le Moyne on both the ERIE 21 and Syracuse Surge initiatives.”
As estimated by the consulting firm Incentis Group, the total direct, indirect, and induced economic impact of ERIE 21 upon Onondaga County from 2021 to 2030 would be nearly $1.8 billion in economic activity, roughly 2,000 jobs, and $645 million of labor income.

S&M Rentals buys Schroeppel property for $165,000
SCHROEPPEL — S&M Rentals recently purchased the mixed-use property located at 23 Route 6 in the town of Schroeppel for $165,000 from Terrestrial Environmental Specialists Inc. Gary Cottet of Cushman & Wakefield/Pyramid Brokerage Company exclusively represented the marketing of the property and facilitated the sale on behalf of the seller. The property has a two-story
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SCHROEPPEL — S&M Rentals recently purchased the mixed-use property located at 23 Route 6 in the town of Schroeppel for $165,000 from Terrestrial Environmental Specialists Inc.
Gary Cottet of Cushman & Wakefield/Pyramid Brokerage Company exclusively represented the marketing of the property and facilitated the sale on behalf of the seller.
The property has a two-story building, encompassing 8,184 square feet and located on 0.81 acres of land, according to Oswego County’s online property records. It was assessed at $190,000 in 2019 and had a full market value of more than $253,000.

After acquisition, Oneida Nation rebrands Verona hotel as Sandstone Hollow Inn
VERONA — The Oneida Indian Nation believes the Sandstone Hollow Inn in Verona will help it meet the “growing demand” for rooms at the Turning Stone Resort Casino. The Oneida Nation rebranded the venue the Sandstone Hollow Inn after acquiring the property. The hotel was formerly known as the Microtel Inn & Suites by Wyndham.
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
VERONA — The Oneida Indian Nation believes the Sandstone Hollow Inn in Verona will help it meet the “growing demand” for rooms at the Turning Stone Resort Casino.
The Oneida Nation rebranded the venue the Sandstone Hollow Inn after acquiring the property. The hotel was formerly known as the Microtel Inn & Suites by Wyndham.
The terms of the purchase agreement are “confidential,” Joel Barkin, VP of communications at the Oneida Indian Nation, tells CNYBJ in an email.
Located at 5118 State Route 365, next to Turning Stone’s Sandstone Hollow Golf Course, the hotel makes 81 additional rooms available to visitors, the Oneida Nation says.
The Oneida Nation closed the hotel for a few days to complete a changeover to its own systems and branding. The property reopened to the public as Sandstone Hollow Inn on Feb. 12. The Oneida Nation also sees its newest property as “the latest indicator of positive economic growth in the region.”
“The Oneida Indian Nation is making this investment to accommodate the public’s increased demand for Turning Stone,” Ray Halbritter, Oneida Indian Nation representative and Oneida Nation Enterprises CEO, said in a statement. “This purchase will add much-needed additional accommodations for the growing number of visitors looking to enjoy the amenities at Turning Stone and people coming to visit the region.”
Turning Stone Resort Casino draws more than 4.5 million visitors from across the country to the area annually, the Oneida Nation said.
The “majority” of Microtel’s 20 employees have been retained to work at the new hotel. Some of the employees chose to leave, and some “weren’t able to meet our standards,” per Barkin’s message.
With the hotel’s occupancy to “increase significantly” after reopening, the Oneida Nation anticipates it will likely require additional staff to meet the demand.
Guests staying at Sandstone Hollow Inn will receive complimentary shuttle service to Turning Stone. Sandstone Hollow Inn — which derives its name from the land’s original use as a sandstone quarry — will also offer continental breakfast service, laundry facilities, and will welcome guests traveling with dogs.
Another hotel is also on the way with Lenox, Massachusetts–based Benchmark Development announcing last fall that it is building a Hampton Inn by Hilton on Oneida Nation lands, adjacent to Turning Stone. It anticipates opening that 64,000-square-foot, 109-room property at 5186 Route 365 this summer.

SRC has new CEO, promotes from within to fill COO role
CICERO — Kevin Hair, the former COO of SRC Inc., is now serving as the company’s CEO, completing a transition plan announced in March 2019. The firm has also promoted Joseph Lauko, a long-time employee, to assume the COO role that Hair vacated. About Kevin Hair The SRC board of trustees announced that Kevin Hair,
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
CICERO — Kevin Hair, the former COO of SRC Inc., is now serving as the company’s CEO, completing a transition plan announced in March 2019.
The firm has also promoted Joseph Lauko, a long-time employee, to assume the COO role that Hair vacated.
About Kevin Hair
The SRC board of trustees announced that Kevin Hair, who was already company president, became CEO of SRC on Feb. 1. He succeeded retiring Paul Tremont, following more than 30 years of service with the company. Tremont retired on Jan. 31.
Hair assumed the duties of SRC president last March 28 in accordance with an announced transition plan. The company announced the transition last year as Tremont, then president and CEO, announced his intention to retire from SRC. Tremont and Hair worked together with the board and the company on the CEO transition process.
“Kevin’s 35 years of service in various divisions and functions make him uniquely qualified to lead SRC to continued success,” Lt. General U.S. Army (retired) Don Kerrick, chairman of the SRC board, said in a statement. “We are confident Kevin is a superb choice to lead SRC to an even greater future.”
SRC is a nonprofit corporation headquartered in Cicero that focuses on areas that include defense, environment, and intelligence. Its products and services include radar, communications, subsystems, satellite, modeling and simulations, antennas, air and ground surveillance, systems and analysis, electronic warfare, cybersecurity/critical infrastructure defense, and counter-UAS technology. The company has 1,100 Central New York employees.
Hair has held a variety of roles of increasing responsibility throughout his tenure at SRC. Most recently, he was COO and before that, the executive VP of corporate business development and government affairs.
Hair has a bachelor’s degree in electrical engineering from Boston University and a master’s degree in computer engineering from Syracuse University.
About Joseph Lauko
As COO, Lauko will be responsible for managing operations for SRC’s research and development organization, SRC said in a Feb. 11 news release. In addition, he will monitor financial performance, execute the strategic plan, evaluate new initiatives, and develop key industry relationships.
In his previous role as senior VP, electronic warfare and services, Lauko led a team of engineers engaged in developing electronic warfare systems and information-technology applications, as well as a team of scientists supporting environmental and human health research.
“Joe’s background in technology and engineering, as well as his strong business acumen and customer relationships, has been paramount to our success,” Hair said. “Under his leadership, SRC has grown its regional offices and will continue to support our customers around the world with capabilities and solutions that help protect warfighters.”
Lauko has been with the company for over 34 years, starting as an entry-level electrical engineer and working in roles of increasing responsibility for various business areas across the enterprise.
In addition to his most recent role of senior vice president, electronic warfare and services, Lauko has been a key player in SRC’s growth internationally. He currently serves as president and chairman of the board of directors of SRC’s three international subsidiaries, SRC AUS, SRC CAN, and SRC UK, the company said.
Broome County hotel occupancy rate edges up in December
BINGHAMTON — Hotels in Broome County welcomed slightly more guests in December than in the year-prior month, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county inched up 0.4 percent to 44.1 percent in December, according to STR, a Tennessee–based hotel market data and
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
BINGHAMTON — Hotels in Broome County welcomed slightly more guests in December than in the year-prior month, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county inched up 0.4 percent to 44.1 percent in December, according to STR, a Tennessee–based hotel market data and analytics company. It was the sixth consecutive monthly increase in occupancy. For the full year of 2019, the county’s occupancy rate was up 2.9 percent to 59 percent.
Broome County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, edged up 0.5 percent to $35.85. In 2019, the county’s RevPar rose 4.7 percent to $54.74.
Average daily rate (or ADR), which represents the average rental rate for a sold room, was up 0.1 percent to $81.33 in December. For all of last year, Broome County’s ADR rose 1.8 percent to $92.84.

A Tisket, A Tasket — Willow Weaving History of CNY
A short article in the Dec. 9, 1869 Post-Standard noted that local salt boilers and barrel makers were turning to their winter work of weaving functional willow baskets. The article went on to state that in the past, over the course of the winter, $12,000 to $15,000 worth of baskets were usually created. These products
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
A short article in the Dec. 9, 1869 Post-Standard noted that local salt boilers and barrel makers were turning to their winter work of weaving functional willow baskets. The article went on to state that in the past, over the course of the winter, $12,000 to $15,000 worth of baskets were usually created. These products were bought by other local businesses for resale purposes. Basket making using the thin willow reeds readily found surrounding the banks of Onondaga Lake soon became a major industry in the Liverpool area that lasted for more than a century.
From as early as 10,000 BC, evidence of willow weaving has been found in the form of stone carvings showing the use of willow containers lined with clay. Through time, items constructed from willow were used both in the home and around the farm. Different weaving techniques were developed throughout the world with the industry becoming an important one for many cultures. Willow weaving was not restricted to containers for storage and transport, however. Items ranged from simple food containers to woven fences and even houses. Other items included animal muzzles, fish traps, beer strainers, baby baskets and carriages, traveling trunks, hat boxes, umbrella holders, and even items of clothing. For the most part, it could be said, that anything found today made out of cardboard, plastic, or plywood was made from wicker many years ago.

Willow growing especially flourished during the Industrial Age, where large quantities of willows were required to meet the increased demand for useable containers. During the Victorian Era, wicker garden furniture woven from willow reeds became extremely popular. Numerous examples still exist today, attesting to their strength and enduring qualities. The willow industry acquired national importance, however, during the World Wars. Baskets made of willow were used to transport thousands of carrier pigeons. Ammunition shell cases and officer kits were primarily made of willow. Observation balloon baskets were constructed of sturdy willow and smaller willow baskets were used to air drop supplies of ammunition and food to the troops.
Closer to home, in Onondaga County, as the salt industry began to die out, willow baskets became the Liverpool area’s main source of income and for many years it helped to support that local economy. In the early 1850s, a German salt boiler by the name of John Fischer reportedly initiated the craft in Liverpool. The abundant stands of willow reeds surrounding Onondaga Lake reminded Fischer of those found in his homeland.

By 1870, the industry had grown considerably, using mainly German workers to weave both baskets and furniture. Land that would normally be inadequate for crops was planted with willow trees providing the area with an economic boost once provided by the salt industry. A local banker, Lucius Gleason, provided most of the capital needed to grow the business as he, too, saw its value. The industry peaked in the early 1890s when about 360,000 baskets were produced and shipped nationwide. The Great Depression during the 1930s brought the downfall of the business although some basket weavers continued through mid-century.
Locally, Louis L. Thurwachter was long identified with the willow trade and recognized as another pioneer in the willow ware business. Originally born in Germany, Thurwachter moved to Syracuse in 1851 at age 14. Once he completed school, he apprenticed at a grocery store before establishing a store of his own. In 1869, Thurwachter sold the grocery business choosing instead to operate a store specializing in wooden and wicker ware. The store, located on West Fayette Street, quickly grew to become one of the most successful businesses in Syracuse at that time. His store was described as “a perfect bazaar for useful, desirable, and fancy goods, so that the taste and style of the most fastidious buyers can be pleased.” Thurwachter also had the distinction of being the first business owner to deliver his products via bicycle. He ran his store, plus one of the largest willow and wooden-ware warehouses in Onondaga County, for more than 50 years until his death in 1922.
The weaving of willow as an industry survived through the mid-20th Century. Basket weaving today, however, continues through the efforts of local artisans, while wicker furniture and similar items are manufactured using mostly synthetic materials.
Karen Y. Cooney is the former support services administrator at the Onondaga Historical Association (OHA) in Syracuse. She retired in December, shortly after submitting this article for publication.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.