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Malvaso to retire from Toyota Material Handling North America
GREENE — James J. Malvaso, president and CEO of Toyota Material Handling North America (TMHNA), the parent company of The Raymond Corp., will retire effective
Syracuse Orthopedic Specialists moving surgeons to St. Joseph’s Hospital
SYRACUSE — Syracuse Orthopedic Specialists, PC (SOS) plans to increase its presence at St. Joseph’s Hospital Health Center in Syracuse starting next month. Eleven SOS
Q4 consumer confidence falls in Syracuse, rises in Utica and Binghamton
Consumer confidence dropped in Syracuse in the fourth quarter of 2011, diverging from rising confidence levels in most of the state’s other cities — including
Bristol-Myers Squibb to acquire Georgia drug developer
NEW YORK — The biopharmaceutical maker Bristol-Myers Squibb Co. has reached an agreement to acquire clinical-stage biopharmaceutical company Inhibitex, Inc. Bristol-Myers (NYSE: BMY), based in
Cornell names new Johnson School dean
ITHACA — The Samuel Curtis Johnson Graduate School of Management at Cornell University will have a new dean later this year. Soumitra Dutta, a professor of business and technology and founder and faculty director of a new media and technology innovation lab at INSEAD in Fontainebleau, France, will assume the post July 1. INSEAD is
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ITHACA — The Samuel Curtis Johnson Graduate School of Management at Cornell University will have a new dean later this year.
Soumitra Dutta, a professor of business and technology and founder and faculty director of a new media and technology innovation lab at INSEAD in Fontainebleau, France, will assume the post July 1. INSEAD is among the top-ranked business schools in the world, according to Cornell.
“Professor Dutta’s appointment is a natural fit with Johnson’s increasingly global outlook,” Cornell President David Skorton said in a news release. “He has expertise in new and emerging media, he has studied the conditions that promote innovation and he has extensive experience on the international stage. Among other qualities, these prepare him well to oversee the education of our next-generation business leaders and entrepreneurs.”
Dutta succeeds Joseph Thomas, who is stepping down after five years as dean. During his tenure, Thomas launched the school’s long-term strategic plan and led the creation of the Emerging Markets Institute and Entrepreneurship and Innovation Institute.
Thomas will return to teaching and research.
“This appointment is an exciting opportunity for me, in part because of Johnson’s commitment to global perspectives, entrepreneurship and innovation, and business sustainability, but also because as an early adopter of approaches such as performance learning, the school itself exemplifies innovative thinking in business,” Dutta said in the release.
SRI poll: Upstate consumer confidence grows for second straight month
Consumer confidence among upstate New Yorkers increased for the second consecutive month in December, thanks in large part to growing optimism for the future. Upstate’s
SRC, Lockheed, Le Moyne develop new certificate program
SRC, Lockheed Martin, and Le Moyne College in Syracuse have partnered to develop a new certificate in government systems management. The program will introduce students
Stage set for new legislative year, but will Albany deliver?
It was good to be back in the State capitol recently and embark on this legislative year. The first week included the annual State of the State address by Gov. Andrew Cuomo. He talked about a variety of topics including creating the country’s largest convention center in New York City, investing $1 billion in Buffalo
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It was good to be back in the State capitol recently and embark on this legislative year. The first week included the annual State of the State address by Gov. Andrew Cuomo. He talked about a variety of topics including creating the country’s largest convention center in New York City, investing $1 billion in Buffalo for job creation, forming an energy superhighway, and reforming education. As a representative from the Central New York region, I wanted to share my thoughts on the most important aspects of his speech that will impact our area. I was glad to hear many of them mentioned and hope we in Albany can build off the momentum of last year. Much, however, remains to be seen, as we await details on these proposals.
Mandate relief
We need to finish the job we started last year by passing a property-tax cap. Unfunded and underfunded mandates drive up costs for schools, municipalities, and, accordingly, increase property taxes that support them. I was glad to hear Governor Cuomo say the words “mandate relief.” This is a critical if we are to truly cut costs. We need to reduce the mandates associated with Medicaid by lowering the local cost share for counties. We need to take some of the requirements away from school districts. We need to give local cities, villages, and towns a way to work within their means, without cutting basic services that residents need and demand. I sincerely hope, for all of our sakes, mandate relief is finally part of the 2012 legislative session.
School-aid reform
In virtually every one of my regular talks with area parents, taxpayers, school-district representatives, and teachers, the school-aid formula topic comes up. We need to reform the school-aid formula so that funding is more equitable. State aid accounts for a large portion of low-wealth districts’ total budgets so when we talk about a 10 percent cut across the board for school districts in our region, this forces districts to cut staff and close schools, but to somehow maintain state and federally mandated services. Cuomo said education reform will be a priority this year. I hope the school-aid formula is reformed as part of his proposed plan, because this formula is unfair to those students who need help the most.
“Energy Superhighway”
The State of the State address talked about energy, and how we need to connect the dots from the energy creators to the energy consumers by creating an “Energy Superhighway.” I couldn’t agree more. This would particularly benefit our region, as we already have several power plants, both hydro and nuclear, that can and do provide energy to New York City. If the state were to create this energy superhighway, this would also create more high-paying jobs. Our region is already poised to capitalize on such a “highway.”
Agency, government consolidation
According to the comptroller’s office, New York has 1,000 state agencies, authorities and commissions. No state needs this much government. Last year, the state implemented some agency consolidation, but not enough. We were able to consolidate the Division of Probation and Correctional Alternatives, State Commission of Correction, Office for the Prevention of Domestic Violence, and the Office of Victim Services within the Department of Criminal Justice Services, for example.
Job creation, tourism
I have sponsored legislation (Bill A.4178) that, if passed, would accomplish a goal similar to what the governor said he wants to accomplish in making our Central and Upstate New York regions tourist destinations. By promoting our assets such as our lakes, mountains, streams, trails and wildlife, we have the potential to be a premier destination for outdoor enthusiasts. A successful marketing campaign would draw more people to our towns, villages, and cities who have the money to spend on lodging, food, fuel, and licenses to hunt, fish or snowmobile.
William (Will) A. Barclay is the Republican representative of the 124th New York Assembly District, which encompasses parts of Oswego and Onondaga counties, including Oswego, Fulton, Camillus, and Skaneateles. Contact him at barclaw@assembly.state.ny.us or call (315) 598-5185.
Shale Natural-Gas and Oil Boom is a Great Development
There is a phenomenal development afoot. It is delivering benefits to you. Many people want to stop it. But they will fail. The development is oil and natural gas. On this continent. New technologies have brought forth at least 100 years’ supply of natural gas for us. So much natural gas has been uncovered that its
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There is a phenomenal development afoot. It is delivering benefits to you. Many people want to stop it. But they will fail.
The development is oil and natural gas. On this continent. New technologies have brought forth at least 100 years’ supply of natural gas for us. So much natural gas has been uncovered that its price has fallen 75 percent on the market. (A pity for those who claim big outfits conspire to fix energy prices.)
New technologies have located and tapped vast oil reserves in North Dakota. This is apparently the fourth largest oil find in our history. Some engineers predict it will become the largest ever.
Such technologies are creating new oil and gas sources in Europe, the UK, Brazil, Argentina, and other parts of the world. Just as other technologies have turned Canada’s oil sands into an immense pool of oil.
In recent years, about 6,000 new oil wells have been drilled in North Dakota. Ninety percent of them make money. That’s an incredibly high percentage in the history of oil drilling. Within two decades there may be nearly 50,000 wells in the state.
Here are some of the benefits. We worry that unfriendly foreigners who provide us with oil hold the U.S. to ransom. They abuse us — because we need their oil. In 2005, we had to import 60 percent of our oil from offshore. Today the figure is 49 percent. And, it’s falling rapidly.
More abundant oil and gas around the world will ease tensions. It will stifle oil powers like Russia, Iran, Saudi Arabia, Libya, and
Venezuela. Today, we worry about conflicts in the Middle East — because so much of the world’s oil comes from that region. With oil and gas coming online from many other regions, the bad guys will have far less clout. And, they will have less money with which to fund their mischief.
Many electric companies are converting old coal-powered plants to the new inexpensive natural gas. You get lower-cost electricity. You get cleaner air. Meanwhile, our industries are enjoying lower energy costs. That is good for all of us.
All this oil and natural gas has the greens pulling out their hair. You can understand their predicament. Cheap and abundant oil and gas make solar and biofuels and wind less competitive. Those renewable-energy sources need to be heavily subsidized as it is.
The greens staked a lot on the theory that oil and gas production had peaked. Well, it has not. The peak-oil theorists did not foresee that new technologies would push peak oil far into the future.
The greens also believed scientists who told us carbon emissions cause global warming. Many other scientists have shot holes in those theories, rapidly slowing the drive to limit carbon emissions.
The greens decry the new technologies. They will pollute our water, they insist. They may be right in some instances. And, nobody can argue that oil, gas, and mineral developers have pristine track records. My point is simply that the greens will be no match for the force of cheap and abundant energy. They may win a skirmish here and there. But, they will lose the battle.
Drilling technology is radically changing the global energy game. It will strengthen us and our allies in many ways. It will sap much of the power of those who wish to thwart us and bleed us. It will lower a number of the pressures that have led us into or threatened us with war. It will lower the cost of heating our homes.
And, never forget what is most important to millions of Americans: It will put more folks behind the wheel of SUVs and big pickup trucks.
They are doing a victory lap, along with those who favor oil and gas. I don’t believe this is a lap the greens will toast.
From Tom…as in Morgan.
Tom Morgan writes about financial and other subjects from his home near Oneonta, in addition to his radio shows and new TV show. For more information about him, visit his website at www.tomasinmorgan.com
WyckWyre gears up for growth in 2012 after big 4th quarter
CONKLIN — WyckWyre ended 2011 on a strong note that company officials hope sets the stage for additional growth this year. In the fourth quarter, sales at WyckWyre, a division of Maines Paper & Food Service, Inc. that offers online restaurant job postings and searches, increased 69 percent, says Lisa DiVirgilio, marketing manager. “It was
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CONKLIN — WyckWyre ended 2011 on a strong note that company officials hope sets the stage for additional growth this year.
In the fourth quarter, sales at WyckWyre, a division of Maines Paper & Food Service, Inc. that offers online restaurant job postings and searches, increased 69 percent, says Lisa DiVirgilio, marketing manager.
“It was fantastic,” she says of the quarter’s growth. “I’m thrilled and it’s a really great way to start out the new year.”
Much of the growth came from WyckWyre’s “unlimited” system, which allows customers to post an unlimited number of job openings with a fee structure based on the number of restaurant locations participating in the job searches, DiVirgilio says. And one company in particular drove most of that growth during the quarter.
Dublin, Ohio–based The Wendy’s Company (NYSE: WEN) is behind the stellar fourth quarter at WyckWyre, she says.
Maines already had an established relationship with local Wendy’s restaurant locations that led to those locations trying out WyckWyre when they needed to hire new employees.
“With quick-service restaurants, the turnover is extreme,” DiVirgilio notes, so WyckWyre’s streamlined applicant vetting process is perfect for a place like Wendy’s that needs to sift through applicants quickly, find the best candidates, and get them in the door to start work.
Being able to do that all online through WyckWyre (www.wyckwyre.com) beats the old method of sorting through a stack of paper applications, she adds.
“They could log onto our site and, with the same amount of effort, immediately select the most qualified applicants,” she says.
Using WyckWyre, she says, saves Wendy’s between four and six hours of legwork, such as screening and reviewing applications, per hire.
Those statistics made an impression with the higher-ups at Wendy’s, and the result is that WyckWyre now handles the application process for a number of Wendy’s locations around the Northeast as well as one as far west as Montana.
“That’s what really blew it up,” she says of WyckWyre’s fourth-quarter growth.
But Wendy’s isn’t solely responsible for the company’s strong fourth quarter, DiVirgilio says. “We’re working with a few other really awesome franchises on a smaller level, and I’m really excited about them.”
Those brands include Massachusetts–based Dunkin’ Donuts, New Jersey–based Cups Frozen Yogurt, Manhattan-based Energy Kitchen, and Oklahoma–based Sonic Drive-In.
“We’re kind of hoping to build those brands into the flagship we have now with Wendy’s,” DiVirgilio says.
WyckWyre is finding strong success with these regional and national brands because they treat them just like their local customers, she says. The keys are highly individualized customer service coupled with constant monitoring of the WyckWyre site to ensure customers are getting the results they want.
As a small and relatively new company, WyckWyre is flexible enough to tailor its offerings to match what customers are looking for, she adds. That flexibility allows WyckWyre to give the Wendy’s job-posting page a Wendy’s feel, complete with the Wendy’s logo and color scheme.
At the same time, she says, WyckWyre gives just as much attention to the local companies with which it works. Those restaurants, often just a single location or a small group of locations, tend to opt more for WyckWyre’s free posting options or its pay-per-post option, but that customer base is not just holding steady. WyckWyre’s local business, especially in the Scranton, Pa. market, where it made a big marketing push last summer, is also growing, DiVirgilio says.
She declined to release client numbers or revenue totals for the company, but says WyckWyre has already seen “significant” growth so far in January that bodes well for the rest of 2012.
“We’re looking at completely stomping last year’s number,” she says.
With that growth will come some new employment at WyckWyre, she added. Right now, the company has three employees — DiVirgilio, vice president Justin Poet, and customer-success department leader Jessica Miller.
As client numbers continue to grow, WyckWyre will add customer-success specialists, DiVirgilio says. The company will likely play things by ear depending on the number of new accounts added, but it’s not unrealistic that it could add two new employees this year.
WyckWyre, launched in May 2010, is a subsidiary of Maines Paper & Food Service, Inc., a Conklin–based food-service distributor. Maines (www.maines.net) is a privately held company with annual revenue of nearly $3 billion, 2,000 employees, and customers in 33 states.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.