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ConMed reports better-than-expected Q2 profit

UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker recently reported net earnings of $8.7 million in the second quarter, up 42 percent from $6.1 million in the year-ago period, led by strong revenue growth and margin expansion. The firm’s earnings per share rose 36 percent to 30 cents from 22 cents a year […]

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Carrols reports Q2 profit increase, raises outlook

SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) on Aug. 7 reported net income of $7.8 million, or 17 cents per share, in the second quarter that ended July 1. That’s up 30 percent from $6 million, or 13 cents, in the same quarter in 2017, the firm said in its earnings report. Syracuse–based Carrols,

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Ichor Therapeutics buys nearby building for LaFayette expansion

LAFAYETTE — Ichor Therapeutics has purchased the former LaFayette Family Health Center at 2561 Route 11 to expand its operations with plans for additional hiring. Ichor (pronounced EYE-core) Therapeutics is a biotechnology company that develops therapeutic interventions for age-associated disease. The firm, located at 2521 Route 11 in LaFayette, on Aug. 2 announced it was

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WISE Women’s Business Center settles into new location in Axa Tower I

SYRACUSE — The WISE Women’s Business Center has relocated to the lobby of Axa Tower I after operating at the nearby Tech Garden since 2012. Axa Tower I is located at 100 Madison St. in Syracuse. An open house is planned for October, the WISE Center said in a release. The WISE Center occupies half

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8 Onondaga County libraries receive construction grants

SYRACUSE — State Senator David J. Valesky (D-Oneida) announced that eight libraries in Onondaga County have been awarded public library construction grant funds. The capital funds, provided for in the 2017 New York State Budget, will enable the libraries to start or complete various projects that will improve patron services.  “Libraries across my district continuously

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Nob Hill Apartments complex sells for $58.5M

SYRACUSE — The Nob Hill Apartments, one of the largest apartment complexes in the region, was recently sold for $58.5 million. Sinatra & Company Real Estate of Buffalo bought the 761-unit multifamily complex, located at 100 Lafayette Road in Syracuse, in a joint venture with Santa Monica, California–based hotel management and development company, Windsor Capital Group,

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$13M project to replace State Route 37B bridge in Massena wraps up

MASSENA — New York Gov. Andrew M. Cuomo recently announced the completion of a $13 million project that replaced the bridge carrying State Route 37B (Parker Avenue) over the Grasse River in the village of Massena in St. Lawrence County.  The project, which began in the summer of 2016, replaced an “aging bridge with a

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Virtual reality center expands at Destiny USA

SYRACUSE — The virtual world is expanding. Cuse VR is moving into larger space on the third level of the Canyon area in Destiny USA, across from Margaritaville. Prior to the move, the business operated as free-standing unit on the third level outside of Dave & Buster’s. Cuse VR has more than 15 virtual-reality experiences

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Citywide Pharmacy leases space on East Molloy Road

DeWITT — Citywide Pharmacy recently leased 8,210 square feet of office service space in the building at 6295 East Molloy Road in the town of DeWitt.  Cory LaDuke from Cushman & Wakefield/Pyramid Brokerage Company represented the tenant in this lease transaction, the real-estate firm said in a news release. Financial terms were not disclosed. Oliva

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Culture Change Should Start with System Change

A business’s culture is often considered its bedrock. However, few really understand how culture forms and therefore struggle to know how to correct it when it seems to be straying.  Culture is created from beliefs of employees about how things work. These beliefs are formed through daily behaviors and the response to these actions, and

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