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Per Capita Personal Income up across CNY in 2016, but lags behind rest of state, U.S.
Personal income per capita increased in all 16 Central New York counties last year, according to new statistics on personal-income growth by county. The U.S. Bureau of Economic Analysis (BEA) issued the report on Nov. 16. The BEA defines personal income as “the income that is available to persons for consumption expenditures, taxes, interest payments, […]
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Personal income per capita increased in all 16 Central New York counties last year, according to new statistics on personal-income growth by county. The U.S. Bureau of Economic Analysis (BEA) issued the report on Nov. 16.
The BEA defines personal income as “the income that is available to persons for consumption expenditures, taxes, interest payments, transfer payments to governments and the rest of the world, or for saving,” and per capita personal income as the personal income of an area divided by the area’s population.
Eight Central New York counties matched or exceeded the statewide average of 1.8 percent personal-income growth. Another two counties met or exceeded the 1.6 percent national rate.
Tioga County generated the highest growth rate, rising 2.3 percent, while Tompkins County grew the least, at 0.1 percent.
While the region fared well in terms of growth rate, the per capita personal income averages across all Central New York counties were well below the national figure of $49,246 and the statewide average of $59,563. Onondaga County had the highest personal income per capita in the region with $47,865, while St. Lawrence County’s figure of $34,364 was the lowest in the area.
Nationally, personal income per capita grew in 2,285 counties, fell in 795, and was unchanged in 33. Growth rates ranged from -40.8 percent in Kenedy County, Texas to 27.1 percent in Tillman County, Oklahoma. Per capita personal income averages ranged from $16,267 in Wheeler County, Georgia to $199,635 in Teton County, Wyoming.
Arc Herkimer’s Crosley wins national achievement award
HERKIMER — Kevin Crosley, president and CEO of Arc Herkimer, was honored with the Outstanding Professional Achievement Award from the National Council of Executives (NCE) of The Arc of the United States. He received the honor at the NCE awards luncheon at the annual national convention on Nov. 2 in San Diego, California. The award
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HERKIMER — Kevin Crosley, president and CEO of Arc Herkimer, was honored with the Outstanding Professional Achievement Award from the National Council of Executives (NCE) of The Arc of the United States.
He received the honor at the NCE awards luncheon at the annual national convention on Nov. 2 in San Diego, California.
The award recognizes NCE members who live by the “core values of The Arc by providing leadership resulting in outstanding achievement and a significant improvement in supports and services for people with intellectual and developmental disabilities and their families,” according to an Arc Herkimer news release.
“I am humbled and deeply honored to receive this award on behalf of the 700 people with disabilities and nearly 400 incredible staff at Arc Herkimer,” Crosley said in the release. “It is a true honor to be recognized by your peers in the industry and I couldn’t be more proud of the outstanding supports and services we provide for our families in Herkimer County. We have now placed Arc Herkimer on the national map and should be very proud of that accomplishment.”
NCE is a peer membership organization of leaders from The Arc’s network of nearly 700 chapters.
Allied American Abstract to formally open downtown Utica office
UTICA — Allied American Abstract Corp. was set to formally open its new downtown Utica office on Nov. 30 with a ribbon-cutting event with the Greater Utica Chamber of Commerce. The company recently moved to the Clark City Center at 181 Genesee St., Suite 602. Allied American Abstract handles title searches, title examinations, issues title
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UTICA — Allied American Abstract Corp. was set to formally open its new downtown Utica office on Nov. 30 with a ribbon-cutting event with the Greater Utica Chamber of Commerce.
The company recently moved to the Clark City Center at 181 Genesee St., Suite 602.
Allied American Abstract handles title searches, title examinations, issues title commitments, arranges for closing services, and issues title insurance. Its customers include attorneys, consumers, realtors, and lenders in Central New York.
The company also has locations in Onondaga, Madison, Chenango, and Herkimer County, according to its website. Allied American Abstract’s president is Mike Gigliotti.
Community Bank System to pay dividend of 34 cents a share in January
DeWITT — Community Bank System, Inc. (NYSE: CBU) announced that its board of directors has declared a quarterly cash dividend of 34 cents a share on its common stock. It will be payable on Jan. 10, to shareholders of record as of Dec. 15. The dividend is the same amount that Community Bank paid last
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DeWITT — Community Bank System, Inc. (NYSE: CBU) announced that its board of directors has declared a quarterly cash dividend of 34 cents a share on its common stock. It will be payable on Jan. 10, to shareholders of record as of Dec. 15.
The dividend is the same amount that Community Bank paid last quarter, when it boosted the quarterly payment by 2 cents a share. The DeWitt–based banking company has hiked its dividend for 25 straight years.
The dividend represents an annualized yield of about 2.6 percent, based on the company’s current stock price.
Community Bank System operates more than 230 branches across upstate New York, Northeastern Pennsylvania, Vermont, and Massachusetts through its banking subsidiary, Community Bank, N.A. It has total assets of about $10.8 billion, ranking it among the nation’s 150 largest financial institutions.
Genius NY semifinalists are working to make the final cut in program’s second round
SYRACUSE — The 16 semifinalists in the second round of the Genius NY program are working on video presentations explaining why their company would be the “best fit” for Genius NY. A panel of local judges will review the presentations and select the six finalists participating in Genius NY 2.0. CenterState CEO should announce the
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SYRACUSE — The 16 semifinalists in the second round of the Genius NY program are working on video presentations explaining why their company would be the “best fit” for Genius NY.
A panel of local judges will review the presentations and select the six finalists participating in Genius NY 2.0.
CenterState CEO should announce the six finalists for Genius NY in late December.
Genius NY, a business-accelerator program at CenterState CEO’s Syracuse Technology Garden, on Nov. 16 announced the 16 semifinalists in the competition’s second round.
Genius NY stands for Growing ENtrepreneurs & Innovators in UpState New York.
The companies, which are developing innovations in the unmanned aircraft systems (UAS) industry, were selected from a highly competitive pool of more than 250 submissions to compete for $3 million in investments.
Of the 16 semifinalists, three teams represent Switzerland and the United Kingdom. Additionally, women co-founded three teams chosen as semifinalists, according to CenterState CEO.
“We are excited to welcome these forward-thinking entrepreneurs to Central New York for round two of the Genius NY competition,” Howard Zemsky, president, CEO & commissioner of Empire State Development, said in a CenterState CEO news release. “This unique contest supports UAS startups in developing the next-generation technologies that are helping Central New York, and its burgeoning drone industry, to rise.”
The semifinalists are:
• AgriSense, which is headquartered in the Finger Lakes region, according to its website.
• AndroMeta-X, which CenterState CEO lists as a New York company
• Quantifly, a New York company
• Kairos Weather Corporation, from New York
• SkyTubeLive, a New York company
• Syracuse University applicant (new company)
• Dropcopter, California
• Dronetechuav, Texas
• Fovea Aero Systems LLC, New Jersey
• Kinaptic, Maine
• Precision Vision, New Mexico
• USDRobotics, Florida
• Systems Technology Solutions, New Mexico
• OneSky, Switzerland
• Fotokite, Switzerland
• BioCarbon Engineering, United Kingdom
Growing in CNY
The competition’s judges will be looking for companies that will stay in the Central New York region and utilize the ecosystem, will scale and be successful, and represent diversity of technology focus and team makeup.
“The teams we have selected represent the very best of an incredibly competitive application pool,” Rick Clonan, VP of innovation and entrepreneurship at CenterState CEO, said in the release. “These high-quality teams will benefit from the success of the program’s first round and will have the necessary resources to accelerate the growth of their businesses while contributing to the region’s leading expertise and advancement of the UAS industry.”
The program, which is funded by Empire State Development in a model similar to Buffalo’s 43North program, will invest more than $3 million in six companies over the course of the year-long competition, “making it the largest business accelerator competition for the UAS industry in the world,” CenterState CEO said.
The advancement of the Genius NY program builds on the progress of CNY Rising, the region’s award-winning “strategic plan to generate robust economic growth and community development.”
CenterState CEO will announce the grand prizes during an event in April, where teams will compete live by pitching their technologies to a panel of judges. The program will award three grand-prize investments, including $1 million, $600,000, and $400,000.
The remaining runner-up teams will each receive a $250,000 investment.
Onondaga County hotel occupancy rate rises nearly 2 percent in October
Hotels in Onondaga County generated a slight increase in overnight guests in October than in the year-ago month, according to a new report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 1.6 percent to 64.2 percent in October from 63.2 percent a year prior, according to STR,
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Hotels in Onondaga County generated a slight increase in overnight guests in October than in the year-ago month, according to a new report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 1.6 percent to 64.2 percent in October from 63.2 percent a year prior, according to STR, a Tennessee–based hotel market data and analytics company. Year to date, Onondaga County’s occupancy rate is down 3.7 percent to 58.5 percent.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, rose 1.7 percent to $68.90 this October from $67.73 in October 2016. Year to date, Onondaga County’s RevPar is down 3.9 percent to $59.73.
Average daily rate (or ADR), which represents the average rental rate for a sold room, edged up 0.2 percent to $107.37 in October, compared to $107.19 a year earlier. Year to date, Onondaga County’s ADR is off 0.2 percent to $102.17, according to STR.

State helping Cornell with $80 million CHESS facility upgrade
ITHACA — Empire State Development has offered Cornell University a “performance-based,” $15 million “Southern Tier Soaring” Upstate Revitalization Initiative (URI) grant to support upgrades and improvements at the CHESS facility. CHESS, which is short for Cornell High Energy Synchrotron Source, is a scientific research facility in Ithaca that has plans for more than $80 million
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ITHACA — Empire State Development has offered Cornell University a “performance-based,” $15 million “Southern Tier Soaring” Upstate Revitalization Initiative (URI) grant to support upgrades and improvements at the CHESS facility.
CHESS, which is short for Cornell High Energy Synchrotron Source, is a scientific research facility in Ithaca that has plans for more than $80 million in improvements, the office of Gov. Andrew Cuomo announced Nov. 15.
Cornell will use the state grant funding to pay for capital improvements to CHESS, including its X-ray beam lines and experimental stations.
The National Science Foundation will also provide “significant” support to the more than $80 million in facility upgrades, Cuomo’s office said. The upgrades will include updates to the Cornell Electron Storage Ring, the accelerator that powers CHESS for X-ray operations.
Cornell will create at least 100 new “high-paying, high-technology” jobs while retaining 150 jobs at the facility, because of this project.
Once completed, CHESS will be among the five synchrotron source facilities for “high-energy, high-flux X-ray studies in the world,” Cuomo’s office said in a news release.
About CHESS
Built between 1978 and 1980, CHESS is a “high-intensity,” X-ray source that provides X-ray facilities to researchers from “across the nation and around the world,” according to Cuomo’s office.
It uses synchrotron light given off by charged particles — electrons and positrons — as they circulate in a ring at nearly the speed of light.
The X-ray beams generated at CHESS help scientists and researchers understand materials from airplane wings to cell membranes, from pollutants in plants to matter under earth-core pressures.
CHESS develops tools and techniques to explore biological, electronic, and structural materials, as described in Cuomo’s release. Its scientists and engineers develop new instrumentation, technologies, and processing techniques that are “highly” sought by other global laboratories, universities, and research organizations.
As new synchrotron technologies and processes are invented at CHESS, they will be transferred, along with development support, to New York companies who sell the products and services to global customers.
“CHESS, and its expert staff, generate a lot of new technologies and require very sophisticated components. By working with local companies, CHESS stays at the scientific forefront internationally, and serves as a catalyst for advanced manufacturing in the region,” Joel Brock, director of CHESS, said.
CHESS utilizes funding from the National Science Foundation and the National Institutes of Health for operations. By leveraging the facility’s capabilities and the URI grant, CHESS is positioned to win continued federal funding through 2024 and beyond.
Gillibrand pushes bill to provide funding for manufacturing training
BINGHAMTON — U.S. Senator Kirsten Gillibrand (D–N.Y.) is co-sponsoring a bipartisan bill that would direct federal funding to high-tech training and education programs in high schools and institutions of higher learning. The Democrat contends it would give more students the opportunity to learn the skills “necessary” to obtain good-paying jobs in the high-tech manufacturing sector.
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BINGHAMTON — U.S. Senator Kirsten Gillibrand (D–N.Y.) is co-sponsoring a bipartisan bill that would direct federal funding to high-tech training and education programs in high schools and institutions of higher learning.
The Democrat contends it would give more students the opportunity to learn the skills “necessary” to obtain good-paying jobs in the high-tech manufacturing sector.
The bill is known as the “21st century strengthening hands on programs that cultivate learning approaches for successful students act,” also known as the Shop Class Act.
U.S. Senator Todd Young (R–Ind.) is a cosponsor of this bill, according to Gillibrand’s office.
U.S. Representatives Tim Ryan (D–Ohio), Steve Stivers (R–Ohio), Mark Takano (D–Calif.), and Susan Brooks (R–Ind.) introduced a version of the bill in the House of Representatives as well.
Gillibrand discussed the legislation during a Nov. 20 visit to the Broome–Tioga BOCES in Binghamton.
Technologies like three-dimensional (3D) printers, laser cutters, and computerized machine tools are “increasing the need” for specialized training for manufacturing jobs.
To prepare students with the skills needed for high-tech jobs, the legislation would amend the Perkins Career and Technical Education (CTE) Act to give “greater priority” to funding maker education, the development of maker spaces, and training for teachers in the application of maker education, according to Gillibrand.
“Many manufacturing companies in our state have job openings with good salaries, but they can’t fill them because too many workers haven’t had the opportunity to learn the skills they need to take on those jobs. We need to fix this,” Gillibrand said in a news release. “I’m proud to introduce new bipartisan legislation to make sure tech-ed classes are teaching students how to use the latest high-tech tools, like 3D printers, that manufacturing companies expect them to know how to use. Our students should be able to take many different paths in order to get a good job and earn a good salary, and this bill would help equip more students with the skills they need to get on a path toward good-paying high-tech jobs when they graduate high school.”
Providing students with access to equipment such as 3D printers and laser cutters is “critical,” according to James Mullins, assistant superintendent of Broome-Tioga BOCES.
“It is vitally important that students continue to learn on the latest state-of-the-art technologies, in order to be successful in the ever changing global business world. This will offer our students the skills necessary to prepare them for the high-demand career opportunities available,” he said in the Gillibrand release.
CTE programs
Career and technical-education (CTE) programs at the high school and community-college level provide training and education for “in-demand, good-paying” jobs in industries ranging from manufacturing to health care to computer programming.
Gillibrand’s release listed statistics indicating what the lawmaker contends is the “importance” of CTE programs.
CTE high school and post-secondary programs in New York had an estimated 377,000 students enrolled from 2015 to 2016. During this same period, more than 1,500 high-school students in Broome and Tioga counties participated in career and technical education.
Technical-skill jobs that require a high-school diploma but not a four-year degree make up the “largest part” of the labor market and “close to almost half” of job openings in New York state through 2024, according to Gillibrand’s office.
The overall number of technical-skill jobs is expected to increase by an estimated 2,750 positions in the Southern Tier by 2022, the office added.
The investment in vocational education would give more students the technical skills needed for good-paying jobs, offering “hands-on learning experiences for students to use high-tech industrial tools to create and innovate,” per Gillibrand. The approach to technical education “will offer more opportunities to inspire the next generation” of manufacturing workers and entrepreneurs.

Indium implements leadership changes
CLINTON — The man who has served as president and COO of Indium Corporation since 1997 has been promoted to CEO. At the same time, Indium has elevated Ross Berntson to president and COO. As CEO, Greg Evans will focus, “primarily, on the company’s long-term mission and strategies,” the firm said in a news release
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CLINTON — The man who has served as president and COO of Indium Corporation since 1997 has been promoted to CEO.
At the same time, Indium has elevated Ross Berntson to president and COO.
As CEO, Greg Evans will focus, “primarily, on the company’s long-term mission and strategies,” the firm said in a news release issued Nov. 13.
Former CEO and company owner William Macartney, III will continue serving as the chairman of the board, Indium said.
Headquartered in Clinton, Indium is a materials manufacturer and supplier to the global electronics, semiconductor, thin-film, and thermal-management markets. Products include solders and fluxes; brazes; thermal interface materials; sputtering targets; indium, gallium, germanium, and tin metals and inorganic compounds; and NanoFoil.
About Evans
Evans has been with Indium for 36 years. He began as a technical-support engineer and “quickly rose” to product-line manager, helping expand the company’s product lines into the surface mount technology assembly field.
As division director for Indium’s electronics-assembly materials, Evans guided the “steady” growth of the solder paste product line and instituted a formal corporate [research and development] function. Evans eventually became VP of manufacturing and sales, overseeing the expansion of the company’s manufacturing footprint and sales structure in the United Kingdom, Singapore, China, South Korea, and Malaysia, and addressing the growing global demand for Indium products.
Indium named Evans president and COO in 1997. He led the company’s growth from dozens of people to more than 800 and from one factory in Utica to 12 facilities worldwide, the company said.
About Berntson

Berntson joined Indium in 1996 as a product specialist. He rose rapidly to the roles of product manager, marketing leader, sales leader, tech-support leader, and, most recently, executive VP.
“Over the past 20 years, Ross has been intelligent and strategic in his results-driven approach to leadership at Indium Corporation,” Evans said in the release. “I look forward to continuing to work alongside Ross as we further secure Indium Corporation’s position as the global leader in quality electronics assembly materials and technical support.”
Founded in 1934, Indium has global technical support and factories located in China, Malaysia, Singapore, South Korea, the United Kingdom, and the U.S. ν

New York manufacturing index declines 11 points in November
The Empire State Manufacturing Survey general business-conditions index fell 11 points to 19.4 points in November from the three-year high of 30.2 it hit in October. The still-positive reading indicates expansion or growth in manufacturing activity, while a negative number on the index would point to a sector decline. The results of the November survey
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The Empire State Manufacturing Survey general business-conditions index fell 11 points to 19.4 points in November from the three-year high of 30.2 it hit in October.
The still-positive reading indicates expansion or growth in manufacturing activity, while a negative number on the index would point to a sector decline.
The results of the November survey show that business activity “continued to grow strongly” for New York manufacturers, the Federal Reserve Bank of New York said in its report issued on Nov. 15.
The survey found 37 percent of New York manufacturing respondents reported that business conditions had improved over the month, while 17 percent said that conditions had worsened.
Survey details
The new-orders index rose 3 points to 20.7, indicating “solid growth” in orders, the New York Fed said.
After advancing to a multi-year high in October, the shipments index fell 9 points to 18.4. The unfilled-orders index moved down 7 points to -4.6, pointing to a “small decline” in unfilled orders.
The delivery-time index fell 5 points to -5.4, indicating shorter delivery times, and the inventories index rose 12 points to 4.6, a sign that inventory levels increased “modestly.”
The index for number of employees fell 4 points to 11.5, suggesting that employment “expanded, though at a somewhat slower pace” than in October.
The average-workweek index remained near zero, indicating that hours worked “held steady.”
Prices increased at about the same pace as the previous month: the prices-paid index edged down slightly to 24.6, and the prices-received index inched up to 9.2.
Looking ahead, firms were “very optimistic” about the six-month outlook, the New York Fed said.
The index for future business conditions climbed 5 points to 49.9, and the index for future new orders rose 9 points to 53.7, a multi-year high.
Employment and the average workweek were expected to increase in the months ahead. The capital-expenditures index gained 4 points to 25.4, and the technology spending index fell 6 points to 10.8.
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.
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