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Herkimer launches Brownfield Opportunity Area Plan
HERKIMER, N.Y. — The Village of Herkimer announced it has formally launched its Brownfield Opportunity Area (BOA) Plan and will host a series of engagement
Finger Lakes Land Trust purchased land along Black Diamond Trail
ULYSSES, N.Y. — The Finger Lakes Land Trust (FLLT) announced it purchased 23 acres in the town of Ulysses in Tompkins County from the Cayuga Nature Center. The property, which is a mix of meadows and woodlands, is located along the Black Diamond Trail at the Houghton Road crossing. The FLLT intends to transfer the
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ULYSSES, N.Y. — The Finger Lakes Land Trust (FLLT) announced it purchased 23 acres in the town of Ulysses in Tompkins County from the Cayuga Nature Center. The property, which is a mix of meadows and woodlands, is located along the Black Diamond Trail at the Houghton Road crossing.
The FLLT intends to transfer the parcel to the New York State Office of Parks, Recreation and Historic Preservation (OPRHP), which owns and manages the Black Diamond Trail. The property provides a buffer to the trail and the state office is interested in creating a mid-way access point on the property with parking, restroom facilities, and a water fountain.
“Again, the Finger Lakes Land Trust has stepped up to support state parks,” Fred Bonn, regional director of Finger Lakes State Parks, said in a press release. “In this instance, their efforts will enable us to address a critical need for the Black Diamond Trail, namely a midpoint parking lot and bathroom facility like the one currently being constructed at Taughannock Falls. Parks looks forward to acquiring this parcel from the FLLT and then moving into design and construction in the next few years.”
The Black Diamond Trail is an 8.4 mile multi-use trail network that connects Taughannock Falls State Park in Trumansburg and Cass Park in Ithaca. The FLLT previously transferred 12 acres in the town of Ulysses to the OPRHP.
“This is a terrific addition to the Black Diamond,” Andrew Zepp, president of FLLT, said in the announcement. “With each passing year, more and more people are getting out to enjoy this multi-use trail. We’re delighted to have the opportunity to work with our partners at state parks to continue to enhance this outstanding resource.”
The Finger Lakes Land Trust — which focuses on critical habitat for fish and wildlife, conserving lands important for water quality, connecting existing conservation lands, and keeping farmland in agriculture — has protected more than 33,000 acres of the region’s undeveloped land. It owns and manages a network of over 45 nature preserves open to the public and holds perpetual conservation easements on 200 properties that remain in private ownership.
Le Moyne College to launch second beer in partnership with Meier’s Creek Brewing Company
SYRACUSE, N.Y. — Le Moyne College says it’ll launch a second beer as part of its partnership with Meier’s Creek Brewing Company (MCBC). “Given the
Lowe to step down as Wolfspeed president and CEO
DURHAM, N.C. and MARCY, N.Y. — Gregg Lowe is out as president and CEO of Wolfspeed, Inc. (NYSE: WOLF), which operates a fabrication plant in
Port of Oswego awarded $11 million federal grant for climate-controlled warehouse
OSWEGO, N.Y. — The Port of Oswego will use more than $11 million in federal funding to build a new, climate-controlled warehouse for the region’s
New York manufacturing index soars to highest reading in three years in November
The Empire State Manufacturing Survey general business conditions index climbed 43 points to 31.2 in November, representing its highest reading in nearly three years. The index had dropped 23 points to -11.9 in October after rising 16 points to 11.5 in September (activity expanding for the first time since November 2023.) The general business conditions
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The Empire State Manufacturing Survey general business conditions index climbed 43 points to 31.2 in November, representing its highest reading in nearly three years.
The index had dropped 23 points to -11.9 in October after rising 16 points to 11.5 in September (activity expanding for the first time since November 2023.) The general business conditions index is the monthly gauge on New York’s manufacturing sector.
Based on firms responding to the survey, the November reading indicates business activity “grew strongly” in New York State, the Federal Reserve Bank of New York said in its Friday news release.
A positive reading indicates expansion or growth in manufacturing activity, while a negative reading on the index indicates a decline in the sector.
The survey found new orders and shipments “rose substantially,” the New York Fed said.
It also found firms remained optimistic about the six-month outlook.
The New York Fed distributes the Empire State Manufacturing Survey on the first day of each month to the same pool of about 200 manufacturing executives in New York. On average, about 100 executives return responses.
MVHS Foundation surpasses $30 million fundraising goal
UTICA, N.Y. — The Mohawk Valley Health System (MVHS) Foundation’s “This is for You: The Campaign to Transform Healthcare” exceeded its $30 million fundraising goal
ROME — Assured Information Security (AIS) now has 24 issued patents, with the issuing of two new patents in October by the U.S. Patent and Trademark Office, the company announced. “Expanding our patent portfolio is central to our mission of advancing cybersecurity solutions that can adapt to evolving threats,” AIS Chief Engineer Michael Seiffert said
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ROME — Assured Information Security (AIS) now has 24 issued patents, with the issuing of two new patents in October by the U.S. Patent and Trademark Office, the company announced.
“Expanding our patent portfolio is central to our mission of advancing cybersecurity solutions that can adapt to evolving threats,” AIS Chief Engineer Michael Seiffert said in a news release. “These new patents introduce breakthrough methods in malware prevention and data modeling. One patent enhances proactive malware defense by tracking process behavior, selectively presenting ‘canary files’ to suspicious processes and terminating them based on a malice scoring system. The second patent focuses on a novel approach to data modeling, enabling more precise feature selection through an iterative process that optimizes resource allocation. Together, these patents exemplify AIS’s commitment to building technologies that address complex cybersecurity challenges with efficiency and precision.”
U.S. Patent 12,124,568 is for the prevention and remediation of malware based on selective presentation of files to processes. The invention is credited to AIS employees Sean LaPlante and Patrick McHarris.
U.S. Patent 12,131,230 is for the feature equivalence and document abnormality threshold determination. The invention is credited to former AIS employees Daniel Scofield and Craig Miles.
Headquartered in Rome, AIS provides cybersecurity and information-security services, products, and operations to commercial and government customers. The company employs more than 220 people across multiple locations in the United States.
Oswego Health’s 5th Annual Gala raises more than $133,000 to support local health care
OSWEGO — The 5th Annual Oswego Health Foundation Gala, themed “A Night of Glitz and Glamour,” attracted 282 attendees in a sold-out Nov. 2 event at the Lake Ontario Conference Center and raised more than $133,000 to support local health care and the Oswego Health Foundation Endowment Fund. During the program, Oswego Health presented three
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OSWEGO — The 5th Annual Oswego Health Foundation Gala, themed “A Night of Glitz and Glamour,” attracted 282 attendees in a sold-out Nov. 2 event at the Lake Ontario Conference Center and raised more than $133,000 to support local health care and the Oswego Health Foundation Endowment Fund.
During the program, Oswego Health presented three prestigious awards: Community Partner, Physician of the Year, and Nurse of the Year.
The 2024 Community Partner Award was given to Oswego County Opportunities (OCO). As a private, nonprofit health & human-service agency and the county’s designated community action agency, OCO has been an integral part of the community since 1966, according to an Oswego Health release. OCO now serves about 15,000 people each year through more than 50 programs, including assistance for the homeless; education services for children, youth, and adults; reproductive health care for women and men; independence for those with disabilities; and more.
The 2024 Physician of the Year Award was presented to Dr. Mark Humphrey. Dr. Humphrey started at Oswego County Opportunities before transferring to Oswego Family Physicians in September 2001 (now Oswego PrimeCare) and has been caring for patients there ever since, per the release. Board certified by the American Board of Family Medicine, Humphrey completed his family practice residency at Wilson Memorial Regional Medical Center. He earned his Doctor of Osteopathic Medicine degree from New York College of Osteopathic Medicine and his undergraduate degree at Clarkson University in Potsdam.
Linda Cole, RN, received the 2024 Oswego Health Nurse of the Year Award. She joined the Oswego Health team in 1991 as an LPN, caring for patients on the medical-surgical unit until 2000, when she transferred to its intensive care unit (ICU) to care for critically ill patients. In 2006, Cole graduated from St. Joseph’s College of Nursing as a registered nurse, and even after all these years, she still works in the ICU as a full-time night shift RN. Cole also serves as president of the Oswego Health Employee Fund.
Pathfinder Bancorp reports net loss in third quarter of 2024
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported a net loss of $4.6 million, or 75 cents per share, in the third quarter, compared to net income of $2.2 million, or 35 cents a share, in the same quarter in 2023. The net loss reflected $9 million in
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OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported a net loss of $4.6 million, or 75 cents per share, in the third quarter, compared to net income of $2.2 million, or 35 cents a share, in the same quarter in 2023.
The net loss reflected $9 million in provision expense that primarily resulted from a comprehensive loan-portfolio review that Pathfinder said it chose to undertake as part of its commitment to continuously improve its credit-risk management approach, per the earnings report issued on Oct. 30. Following its conclusion, the banking company recorded net charge offs of $8.7 million in the third quarter and reduced nonperforming loans by 34 percent to $16.2 million at quarter end, or 1.8 percent of total loans.
Deposits at Pathfinder totaled $1.2 billion at the end of the third quarter, up from $1.1 billion at the end of the second quarter and up from $1.13 billion at the conclusion of the third quarter of 2023.
Pathfinder Bank is a New York State-chartered commercial bank headquartered in Oswego that has 12 full-service offices located in its market areas consisting of Oswego and Onondaga counties, and one limited purpose office in Oneida County.
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