Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
CNY, Southern Tier, Finger Lakes win $500 million each in Cuomo’s contest
The Central New York (Syracuse area), Finger Lakes (Rochester area), and Southern Tier (Binghamton area) are the three winners in Governor Andrew Cuomo’s $1.5 billion
Carrols acquires nine Burger King restaurants in Northern New Jersey
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) on Tuesday acquired nine Burger King locations in Northern New Jersey. The transaction comes a week
New York state added 11,500 private-sector jobs in November, ADP report says
Private-sector employers in New York state added 11,500 jobs in November, according to the latest ADP Regional Employment Report issued Wednesday. Nearly all the jobs
Utica Fairfield Inn & Suites to formally open December 18
UTICA, N.Y. — The Fairfield Inn & Suites by Marriott, at 71 North Genesee St. in Utica, will hold a ribbon-cutting event on the evening of
HUD awards nearly $150,000 to groups in Oswego, Utica
Organizations in Oswego and Utica will use a total of nearly $150,000 in federal funding for housing and job-training programs. The U.S. Department of Housing
Community Bank completes acquisition of Oneida Financial
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) has completed its acquisition of Oneida Financial Corp. (NASDAQ: ONFC), expanding its banking footprint in the
Clonan joins CenterState CEO as VP of innovation and entrepreneurship
SYRACUSE, N.Y. — CenterState CEO, Central New York’s primary economic-development agency, has announced new leadership at the Tech Garden, a 10-year old business incubator it
Syracuse University hires Bowling Green’s Dino Babers as its next football coach
SYRACUSE, N.Y. — Syracuse University has hired Dino Babers of Bowling Green as its new football head coach, replacing Scott Shafer who was fired on
Columbian Financial Group promotes Fosbury to president
BINGHAMTON, N.Y. — Columbian Financial Group announced it has promoted Michael Fosbury to president, effective on Jan. 1. Fosbury will assume the president’s role from Thomas Rattmann, who remains Columbian Financial’s chairman & CEO. Besides the promotion, Fosbury has also been elected to Columbian’s board of directors, according to a news release the company issued
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, N.Y. — Columbian Financial Group announced it has promoted Michael Fosbury to president, effective on Jan. 1.
Fosbury will assume the president’s role from Thomas Rattmann, who remains Columbian Financial’s chairman & CEO.
Besides the promotion, Fosbury has also been elected to Columbian’s board of directors, according to a news release the company issued on Friday.
Fosbury joined Columbian Financial in 2003 as VP of investments and chief investment officer.
He eventually became involved in other parts of the company’s operations, including administration, human resources, marketing, and information technology.
Columbian promoted him to senior VP of investments in 2009; to executive VP in 2013; and to the position of executive VP, chief investment officer and COO in 2014.
Columbian Financial also announced the promotion of Dale Spencer to chief investment officer, effective Jan. 1, 2016.
Spencer in 2009 started as the bond portfolio manager in its investment department and “has assumed growing responsibilities ever since,” the firm said.
He most recently executed a “major restructuring strategy” for Columbian’s investment portfolio to “better position” the firm in the current low interest-rate environment, the company said.
Binghamton–based Columbian Financial Group includes Columbian Mutual Life Insurance Company, the parent company. It also has Columbian Life Insurance Company, Columbian Financial Services Corporation, New Vision Service Corporation of New York and other affiliated companies, according to its website
Columbian has an administrative-services office in Syracuse, the website says.
Contact Reinhardt at ereinhardt@cnybj.com
Cowley Associates settles into South Warren Street office
SYRACUSE — Cowley Associates Inc., a 40-year old advertising, marketing, and public-relations firm, is finishing up its first year in the agency’s new home at 407 S. Warren St. in Syracuse. The business, which previously operated at 235 Walton St. in Syracuse, moved to its new location in January after spending the fourth quarter
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 — Cowley Associates Inc., a 40-year old advertising, marketing, and public-relations firm, is finishing up its first year in the agency’s new home at 407 S. Warren St. in Syracuse.
The business, which previously operated at 235 Walton St. in Syracuse, moved to its new location in January after spending the fourth quarter of 2014 searching for potential operating spaces.
Cowley Associates previously was located in the building that is currently home to Galaxy Media, which operates radio stations in the Syracuse and Utica markets and organizes the annual Taste of Syracuse event in Clinton Square.
“I felt that the economic focus for the city was gravitating toward [South] Salina Street and [South] Warren Street,” says Gail Cowley, co-owner and executive VP of Cowley Associates. She spoke with CNYBJ on Nov. 30.
Cowley noted the work on the Pike Block building and the ongoing renovation work at the Marriott Downtown Syracuse, the former Hotel Syracuse.
“We just felt that there was some new, creative energy that we needed to take advantage of,” says Cowley.
Christine O’Connell More of O’Connell More Consulting & Real Estate of Syracuse helped the Cowley firm find its new space.
The company has a five-year lease to operate in the same building that’s home to the Cerio Law Offices. Thomas Cerio is the firm’s landlord in that 2,200-square-foot space.
Cowley Associates employs eight full-time workers, including owners Gail and Paul Cowley. The firm is interviewing for a couple positions, but Gail Cowley couldn’t definitely say if the company plans to add any employees in 2016.
“This team has been in place for over five years now … it’s a young, energetic team and with Paul’s and my experience, we’re poised to really continue on the momentum that we’ve created this year and really carry it into next year,” says Cowley.
Besides the eight current employees, Cowley also has six “strategic partners” it can turn to, depending on the services a given project might require.
When asked about the firm’s annual sales, Cowley declined to disclose specific dollar figures.
Cowley Associates’ client base has included banks and credit unions, insurance companies, nonprofits, fiber-optic lighting firms, industrial laundry equipment manufacturers, and hospitals and physician practices.
“We’re problem-solvers. If you’re in the advertising business, you have to solve the problem. You have to solve it simply and powerfully,” says Cowley.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.