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Qdoba Mexican Eats formally opens at Syracuse airport
SYRACUSE, N.Y. — A new location of Qdoba Mexican Eats formally opened at Syracuse Hancock International Airport (SYR) on Friday. The Syracuse Regional Airport Authority
Architect and engineering firm C2AE to formally open new North Country office
CANTON, N.Y. — Architect and engineering firm C2AE will celebrate the formal grand opening of its new office in Canton at 10 a.m. on Thursday,
Upstate University Hospital opens new Throughput Operations Center in DeWitt
DeWITT, N.Y. — Upstate University Hospital has opened a new Throughput Operations Center (TOC) designed to “optimize patient flow” across its Downtown and Community hospital
SUNY Poly gears up for annual business plan competition
UTICA, N.Y. — SUNY Polytechnic Institute will host the Mohawk Valley regional contest for the 2025 New York Business Plan Competition (NYBPC) on April 4,
State Fair says corporate-outings program is available for this summer’s event
GEDDES, N.Y. — This summer’s New York State Fair is still several months away, but officials say interested companies can take advantage of its corporate-outings
Ashley McGraw Architects has appointed Catherine Wolfe as principal, expanding the firm’s leadership team to eight principals. Wolfe, who joined the firm in 2015, has earned
SALINA — Lockheed Martin Corp. (NYSE: LMT) recently won a $551 million contract from the U.S. Navy for engineering and technical support and production of the submarine AN/BLQ-10 electronic-warfare systems on new construction and in-service submarines. This contract includes options which, if exercised, would bring the cumulative value of this pact to nearly $1.37 billion.,
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SALINA — Lockheed Martin Corp. (NYSE: LMT) recently won a $551 million contract from the U.S. Navy for engineering and technical support and production of the submarine AN/BLQ-10 electronic-warfare systems on new construction and in-service submarines.
This contract includes options which, if exercised, would bring the cumulative value of this pact to nearly $1.37 billion., according to a Feb. 3 contract announcement from the U.S. Department of Defense. Work will be performed in Lockheed’s suburban Syracuse plant and is expected to be completed by January 2030.
Fiscal 2025 shipbuilding and conversion (Navy) funds of $2 million will be obligated to satisfy the minimum guarantee and begin engineering efforts, and the funds will not expire at the end of the current fiscal year.
Five Star Bank parent company boosts quarterly dividend by 3%
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. That’s up by 3.3 percent from the 30 cents a share that the banking company paid last quarter.
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WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock outstanding.
That’s up by 3.3 percent from the 30 cents a share that the banking company paid last quarter.
Financial Institutions will pay the first-quarter dividend on April 2, to shareholders of record as of March 14.
At Financial Institutions’ current stock price, the new dividend yields about 4.35 percent on an annual basis.
Financial Institutions is a financial holding company, based in Warsaw in New York’s Wyoming County, with about $6.1 billion in assets, offering banking and wealth-management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities, and businesses through banking locations spanning Western and Central New York and a commercial-loan production office serving the Mid-Atlantic region. Five Star Bank’s Central New York offices include a commercial-loan production office in Syracuse and retail branches in Auburn, Waterloo, and Geneva.
Berkshire Bank parent company to pay Q1 dividend of 18 cents in early March
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on March 6, to shareholders of record as of
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Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share.
The dividend is payable on March 6, to shareholders of record as of the close of business on Feb. 20.
At Berkshire Hills Bancorp’s current stock price, the payment yields about 2.5 percent on an annual basis.
Boston–based Berkshire has about $12.3 billion in total assets and a footprint of 83 branches in New England and New York state. The company offers commercial, retail, wealth, and private-banking products and services.
Berkshire Bank’s Mohawk Valley presence includes branches in Rome (2), New Hartford (2), Whitesboro, North Utica, West Winfield, and Ilion.
FOCUS Greater Syracuse names three new board members
SYRACUSE — FOCUS Greater Syracuse, Inc. — a 501(c)(3) nonprofit, bipartisan, citizen-driven organization — announced that it recently welcomed three new members to its board of directors: Reginald T. Braggs, Ryan R. Delao, and Emily Minnoe. Braggs, Ph.D., is the director of Central New York partnerships at Onondaga Community College (OCC). His responsibilities include serving
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SYRACUSE — FOCUS Greater Syracuse, Inc. — a 501(c)(3) nonprofit, bipartisan, citizen-driven organization — announced that it recently welcomed three new members to its board of directors: Reginald T. Braggs, Ryan R. Delao, and Emily Minnoe.
Braggs, Ph.D., is the director of Central New York partnerships at Onondaga Community College (OCC). His responsibilities include serving as liaison to various external entities, including, workforce-development organizations, community-based organizations, as well as government and business/industry leaders. Braggs is a graduate of FOCUS Greater Syracuse’s Citizens Academy 2021 cohort.
Delao is an audit manager at Dannible and McKee, LLP, bringing a wealth of experience in providing comprehensive audit, review, compilation, and consulting services to a diverse array of clients. With a strong focus on the construction, architectural, engineering, and manufacturing industries, he excels in delivering tailored solutions that meet the unique needs of each client, FOCUS said. In addition to his industry expertise, Delao possesses significant experience in providing auditing services to a variety of employee-benefit plans and preparing financial statements for clients. Delao has been appointed treasurer of the FOCUS board.
Minnoe is the development specialist at Francis House, Inc. where she supports the organization’s fundraising initiatives through donor prospecting, data entry, social media-marketing, and event assistance. She is passionate about community and finds joy in bringing folks together to support one another, FOCUS said. Minnoe is a CenterState CEO Ambassador and volunteers her time as an Alzheimer’s Association Community representative and Syracuse Stage usher. She is a graduate of FOCUS Greater Syracuse’s Winter 2024 cohort and later joined the Citizens Academy Committee. Minnoe is currently participating in Leadership Greater Syracuse’s CNY Political Leadership Institute.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.