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

Work begins to renovate the former Endicott-Johnson “Victory” shoe factory in Johnson City
JOHNSON CITY, N.Y. — Participating organizations on Thursday broke ground on a $40 million project to renovate the former Endicott-Johnson “Victory” shoe factory in Johnson

Schumer urges Breeze Airways to begin service at Syracuse airport
The ask took place “in a personal meeting” that Schumer had with Breeze Airways CEO David Neeleman, the senator’s office noted. Schumer said having the

AmeriCU announces promotions and new hires
Alissa Sykes Tulloch was promoted to executive VP and chief operating officer to lead the credit union’s growth initiatives. Tulloch joined AmeriCU in 2020 as

Young Scholars LPP of Utica University receives Health Equity Award
UTICA, N.Y. — Excellus BlueCross BlueShield awarded Young Scholars LPP of Utica University a Health Equity Award of $30,000 to support Young Scholars mental health

Generous Roasting offers coffee to benefit Upstate Cerebral Palsy
ROME, N.Y. — Upstate Cerebral Palsy (UCP) has partnered with Delta Lake Conference Center’s Haven Camps and Generous Roasting Company to produce three coffee blends that are roasted, packaged, and shipped by individuals working in Vocational & Employment Services at UCP. This partnership allows the individuals receiving services to build valuable work-life skills as well
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.
ROME, N.Y. — Upstate Cerebral Palsy (UCP) has partnered with Delta Lake Conference Center’s Haven Camps and Generous Roasting Company to produce three coffee blends that are roasted, packaged, and shipped by individuals working in Vocational & Employment Services at UCP.
This partnership allows the individuals receiving services to build valuable work-life skills as well as increase their overall independence.
“This partnership with Generous Roasting has been extremely beneficial for the individuals participating in this program”, UCP’s Director of Vocational Services Dawn Gentile explained in a news release. “We’ve seen a significant change in the people we support working with Generous Roasting’s team. They have become part of a community that they actively contribute to and they can most certainly be proud of.”
The “Happy. Relaxed. Engaged. (H.R.E.)” coffee blends feature a medium, decaffeinated, and dark-roast coffee and are available for purchase online at UpstateCPCoffee.org. For every bag purchased, a portion of the proceeds comes back to UCP in the form of a donation to continue to support individuals of all abilities.
“We have worked with individuals with intellectual and developmental disabilities for over 50 years within our camp programs,” Haven Camps Executive Director Steve Clark said. “It was just a natural fit to partner with Upstate Cerebral Palsy as our missions align closely. Generous Roasting has been a vehicle to create a learning environment for individuals of all abilities to not only participate, but to lead and create opportunities in a supportive business.”
United Cerebral Palsy provides programs and services that support people with differing abilities and their families.

Anything But Beer buys East Syracuse industrial building for $225,000
EAST SYRACUSE, N.Y. — Anything But Beer, LLC recently purchased a 3,500-square-foot industrial building at 302 Terrace St. in the village of East Syracuse for $225,000. Gary Cottet, of Cushman & Wakefield/Pyramid Brokerage Company, arranged the transaction, representing the seller. Wike Properties, LLC is listed as the prior owner of the 0.18-acre property, according to
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.
EAST SYRACUSE, N.Y. — Anything But Beer, LLC recently purchased a 3,500-square-foot industrial building at 302 Terrace St. in the village of East Syracuse for $225,000.
Gary Cottet, of Cushman & Wakefield/Pyramid Brokerage Company, arranged the transaction, representing the seller. Wike Properties, LLC is listed as the prior owner of the 0.18-acre property, according to Onondaga County’s online real-estate records. The sale closed on Dec. 23, 2021. Wike Properties bought the property in August 2019 for $55,000.
Anything But Beer is a craft brewery that specializes in “naturally gluten-free beverages that meet the needs and preferences of those who cannot drink the average beer,” according to its website. Anything But Beer operates a taproom and restaurant in the White Memorial Building at 201 S. Salina St. in downtown Syracuse.
Retirement Consulting Group renews lease at Syracuse office
SYRACUSE, N.Y. — Retirement Consulting Group recently renewed the lease for its office at 890 East Brighton Ave. in Syracuse. Gary Cottet of Cushman & Wakefield/Pyramid Brokerage Company negotiated this lease renewal on behalf of the landlord. No terms were disclosed. Brighton Hill Office Park LLC, of 1746 Meeker Hill Road in LaFayette, is listed
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, N.Y. — Retirement Consulting Group recently renewed the lease for its office at 890 East Brighton Ave. in Syracuse.
Gary Cottet of Cushman & Wakefield/Pyramid Brokerage Company negotiated this lease renewal on behalf of the landlord. No terms were disclosed. Brighton Hill Office Park LLC, of 1746 Meeker Hill Road in LaFayette, is listed as the property owner in Onondaga County’s online real property tax records.
Retirement Consulting Group says it offers comprehensive services for employer-sponsored retirement plans, as well as accumulation planning, retirement-income planning, and investment-management services for individuals. George H.W. Christie, Jr. and Ronald J. Case are the firm’s investment professionals, as listed on its website.

Sikorsky Aircraft wins $99 million Navy contract; work to be done in Owego
OWEGO, N.Y. — Sikorsky Aircraft Corp., a Lockheed Martin company, was recently awarded a $99.25 million cost-plus-fixed-fee, cost reimbursable, indefinite-delivery/indefinite-quantity contract. This pact provides products and support required to rapidly integrate and field VH-92A aircraft simulators and trainers in support of the Presidential Helicopter Program, according to a Feb. 17 contract announcement from the U.S.
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.
OWEGO, N.Y. — Sikorsky Aircraft Corp., a Lockheed Martin company, was recently awarded a $99.25 million cost-plus-fixed-fee, cost reimbursable, indefinite-delivery/indefinite-quantity contract.
This pact provides products and support required to rapidly integrate and field VH-92A aircraft simulators and trainers in support of the Presidential Helicopter Program, according to a Feb. 17 contract announcement from the U.S. Department of Defense. The products include delivery of technical analysis, technical reports, trade studies, and retrofit kits for ground-support equipment modifications that support deficiency resolution, capability/technology insertions, obsolescence redesigns, and reliability/sustainability improvements.
The support includes program management, engineering, integrated-logistics support, configuration management, system-integration lab operation and maintenance, testing support, and FAA-certification activities, per the contract announcement.
Nearly all of the work (98 percent) will be performed in Owego, while a small fraction (2 percent) is completed at Sikorsky Aircraft’s Stratford, Connecticut facility. The work is expected to be wrapped up by February 2030.
No funds will be obligated at the time of award; money will be obligated on individual orders as they are issued. This contract was not competitively procured pursuant to Defense Federal Acquisition Regulation 6.302-1, the Defense Department said. The Naval Air Systems Command in Patuxent River, Maryland, is the contracting authority.

NYSDOT will move roundabout in I-81 project; also foresees higher cost, longer timeframe
SYRACUSE, N.Y. — Those who spoke out against a roundabout near a Syracuse elementary school have influenced a change in the upcoming Interstate 81 viaduct-replacement project. The roundabout near Dr. King Elementary School in the Interstate 81 (I-81) viaduct-replacement project will move to a different location. In addition, the project will also cost more than
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, N.Y. — Those who spoke out against a roundabout near a Syracuse elementary school have influenced a change in the upcoming Interstate 81 viaduct-replacement project.
The roundabout near Dr. King Elementary School in the Interstate 81
(I-81) viaduct-replacement project will move to a different location.
In addition, the project will also cost more than expected and take longer to complete as well.
That’s according to officials with the New York State Department of Transportation (DOT), who held a Feb. 18 media briefing on the project at the Senator John H. Hughes State Office Building at 333 East Washington St. in Syracuse, next to Syracuse City Hall.
State and federal officials favor the community-grid alternative for the project, Mark Frechette, I-81 project team director, noted at the start of his remarks. It would deconstruct a section of I-81 in downtown Syracuse and redirect highway traffic to I- 481. A portion of I-690 near the current intersection with I-81 would also be rebuilt and a boulevard-like Business Loop 81would be created in downtown.
Roundabout move
The DOT plans to move the roundabout that was originally proposed near the Dr. King Elementary School to the Van Buren Street area near Renwick Avenue, which is near the Syracuse University campus.
“One of the topics we heard much from the community about was the roundabout and specifically, the location of the roundabout,” Frechette said.
He went on to say the DOT has analyzed a number of locations for the roundabout and officials believe moving the roundabout from the MLK area to Van Buren Street will help “calm traffic” and provide that same transition from high speeds to slower speeds as drivers enter the community grid.
The DOT wanted to install a roundabout on the south side of the city to help transition drivers traveling at high speeds coming into the city after traveling on the interstate. When they hit the community grid section, they would be traveling at a reduced speed of 30 miles per hour.
“We found the roundabout to be a good transportation solution to assist in that,” Frechette said.
In a statement issued just hours after the briefing, Syracuse Mayor Ben Walsh said the DOT briefed him on the proposed move of the I-81 roundabout location.
“I appreciate that NYSDOT heard the concerns of the community on the proposed roundabout next to Dr. King Elementary School and I’m encouraged by their new plan to relocate it. I look forward to reviewing the updated plans in more detail and continuing to work alongside NYSDOT and city residents to ensure we maximize the community benefit on this transformational project,” Walsh said.
Project cost increase
The DOT and Federal Highway Administration (FHWA) have increased the cost of the I-81 viaduct-replacement project to $2.25 billion, up 12.5 percent from the original cost estimate of $2 billion, Frechette said.
They’re also extending the construction duration from five years to six years. The details will be part of the upcoming final environmental-impact statement that the DOT will release this spring.
“I will also mention that the viaduct replacement that is carried in the document also went up in cost and the construction duration also would take longer. That’s really a result of what we’re experiencing with getting steel … concrete and a lot of the risks that are posed to us now,” Frechette added.
He noted the cost increase “in an effort to remain open and transparent and applying some of the project risk” that had been discussed during a meeting last November with the FHWA and national subject matter experts.
The meeting was part of the requirement that agencies have to meet to prepare a cost-scope risk assessment.
“We applied a variety of risks that we could encounter within the next five to six years. Those risks include inflation. Those risks include supply chain and material availability; price volatility (what’s happening in the market with prices); contractor and workforce availability in Central New York,” Frechette said.

Launch NY Seed Fund to benefit from foundation’s $3M investment
“As a result of ongoing support from the Ralph C. Wilson, Jr. Foundation starting in 2016, we have grown to meet demand in our community for mentorship and capital to help entrepreneurs make their new business ideas a reality. Together, we are contributing to new-economy jobs in our region while simultaneously building the most active
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.
“As a result of ongoing support from the Ralph C. Wilson, Jr. Foundation starting in 2016, we have grown to meet demand in our community for mentorship and capital to help entrepreneurs make their new business ideas a reality. Together, we are contributing to new-economy jobs in our region while simultaneously building the most active seed fund in New York State and one of the most active in the country, investing in two-to-four companies every month,” Marnie LaVigne, president and CEO of Launch NY, said in a release. “With the Wilson Foundation’s support, entrepreneurs can now build their business right here in Upstate New York, when previously they had to leave the region or let their great ideas die on the vine.”
This is the third grant made to Launch NY by the Wilson Foundation, following its awards of $2.5 million in 2016 and $4.5 million in 2019, for a total investment of $10 million over eight years.
“This new award will be critical in expanding our team, which is providing unique diversity, equity and inclusion programs and building even more capital access through our growing array of #InvestLocal financing programs, which only seems fitting, since the Foundation really made it all possible starting with our first award in 2016,” LaVigne said. “Launch NY is committed to ensuring that we serve high-growth startups with a team that is as diverse and driven as the founders and their businesses.”
“Launch NY continues to play a key and impactful role in the entrepreneurial ecosystem of the region,” Jim Boyle, VP of programs and communications at the Ralph C. Wilson, Jr. Foundation, said. “This additional funding will ensure continued business advisory services are provided to high-growth entrepreneurs and help move the region closer toward inclusive, economic prosperity.”
Investments made by Launch NY’s Seed Fund since it started in 2016 totaled $4.3 million as of Dec. 31, 2021. Those investments have enabled its portfolio companies to raise an added $85.2 million — “nearly 20 times more” — in follow-on funding from outside investors. The follow-on capital raised by its portfolio companies came from angel investors, venture-capital firms, and other institutional investors.
To date, Launch NY’s #InvestLocal financing programs have funded 77 startup companies, the organization said. These companies have created 438 jobs, attracted $85.2 million in co-investment and follow-on capital, and generated more than $22.3 million in revenue.
Forty-three percent of Launch NY’s portfolio companies are women- and/or minority-led ventures, it noted.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.