Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Syracuse Surge workforce graduation event honors 34 participants from three programs
ONONDAGA, N.Y. — The most recent Syracuse Surge workforce programming included 34 participants in three programs. Syracuse Surge is the city’s “strategy for inclusive growth

Rome Community Foundation awards nearly $184K in fourth-quarter grants
ROME, N.Y. — The Rome Community Foundation announced it has awarded $183,616 in grants — ranging from $500 to $25,000 each — to 21 Rome–area

People news: Tompkins Community Bank names manager for two Syracuse–area branches
SYRACUSE, N.Y. — Tompkins Community Bank announced that Amy Phelps has joined the bank as a multi-site manager for its two branches in the Syracuse

SU’s Whitman School, OCC partner for OCC students to transfer
SYRACUSE, N.Y. — Syracuse University’s Martin J. Whitman School of Management says it has a new partnership with Onondaga Community College (OCC) for direct-transfer admissions

SECNY FCU CEO Bobesky to retire in 2024, new CEO named
ONONDAGA, N.Y. — SECNY Federal Credit Union (FCU) says Walter Bobesky, who had served as CEO for 32 years, plans to retire in 2024. The

Syracuse QB Garrett Shrader to miss Boca Raton Bowl, recovering from surgery
SYRACUSE, N.Y. — Syracuse football quarterback Garrett Shrader will not play in Thursday night’s Boca Raton Bowl against South Florida, as he is recovering from

Women’s Fund of Herkimer and Oneida Counties awards $27,000 in grants
UTICA, N.Y. — The Women’s Fund of Herkimer and Oneida Counties recently awarded grants totaling $27,000 to fund programs at Young Scholars LLP, SUNY Poly

Saab wins nearly $16M Navy contract, with a quarter of the work to be done in DeWitt
DeWITT, N.Y. — Saab Inc. was recently awarded an almost $15.9 million firm-fixed-price contract from the U.S. Navy for the construction of underwater unmanned vehicles and associated storage containers, training naval mines, spare parts, training documentation, training, and transportation. This pact involves foreign military sales to the government of Kuwait. Work will be performed in
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DeWITT, N.Y. — Saab Inc. was recently awarded an almost $15.9 million firm-fixed-price contract from the U.S. Navy for the construction of underwater unmanned vehicles and associated storage containers, training naval mines, spare parts, training documentation, training, and transportation.
This pact involves foreign military sales to the government of Kuwait. Work will be performed in Cranston, Rhode Island (75 percent) and DeWitt (25 percent), and is expected to be completed by September 2025, according to a Dec. 4 contract announcement from the U.S. Department of Defense.
Foreign military sales funds totaling $15,877,254 will be obligated at the time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured, per the announcement. The Naval Sea Systems Command in Washington, D.C. is the contracting activity.

Tioga State Bank’s Fisher named to Federal Home Loan Bank of New York board
SPENCER, N.Y. — The Federal Home Loan Bank of New York (FHLBNY) has elected Tioga State Bank President/CEO Robert M. Fisher to serve a four-year term on its board as a member director representing New York. Fisher will serve Jan. 1, 2024, through Dec. 31, 2027. FHLBNY is a congressionally chartered, wholesale bank with a
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SPENCER, N.Y. — The Federal Home Loan Bank of New York (FHLBNY) has elected Tioga State Bank President/CEO Robert M. Fisher to serve a four-year term on its board as a member director representing New York.
Fisher will serve Jan. 1, 2024, through Dec. 31, 2027.
FHLBNY is a congressionally chartered, wholesale bank with a mission to provide members with reliable liquidity in support of housing and local community development. It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks. As of Sept. 30, FHLBNY serves 334 financial institutions in New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands.
Tioga State Bank has 11 branches across Broome, Tioga, Chemung, and Tompkins counties.

ConMed to pay Q4 dividend of 20 cents on Jan. 5
ConMed Corp. (NYSE: CNMD), a surgical-device maker that has roots in the Utica area, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the fourth quarter of this year. The dividend is payable on Jan. 5, to all shareholders of record as of Dec. 18. At
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ConMed Corp. (NYSE: CNMD), a surgical-device maker that has roots in the Utica area, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the fourth quarter of this year.
The dividend is payable on Jan. 5, to all shareholders of record as of Dec. 18. At the company’s current stock price, the dividend yields about 0.75 percent on an annual basis.
ConMed is a medical technology company that provides devices and equipment for minimally invasive surgical procedures. The company’s products are used by surgeons and physicians in a variety of specialties, including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology.
Headquartered in Largo, Florida since 2021, ConMed’s former corporate headquarters in New Hartford are still used for manufacturing, finance, human resources, legal, and other corporate functions.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.