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CenterState CEO recognizes area Economic Champions, JMA Wireless
CenterState CEO also presented its Community Visionary Award to JMA Wireless for “embodying a vision of economic opportunity, and for its work to create a

Oneida County announces plan to administer COVID-19 vaccine to kids aged 5-11
UTICA, N.Y. — The Oneida County Health Department will start administering COVID-19 vaccine to kids aged 5-11 beginning Tuesday at its Utica Health Clinic. The

U.S. Air Force awards PAR subsidiary largest contract in company history
ROME, N.Y. — The U.S. Air Force has awarded PAR Government Systems Corp. a nearly $500 million contract for counter-small unmanned aircraft system (C-sUAS) software,

People news: MVHS adds new radiation oncologist to cancer center
UTICA, N.Y. — Dr. Hsin Kwung Li has recently joined the Mohawk Valley Health System (MVHS) Cancer Center as a radiation oncologist, where he provides

McMahon outlines vaccination plan for kids ages 5-11
SYRACUSE, N.Y. — Parents of children ages 5 to 11 who want to get their kids a COVID-19 vaccination will have a few options for
Lockheed Martin Owego wins $22M Army contract for foreign-military sales
OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego recently won a more than $22 million contract from the U.S. Army to provide military equipment to three foreign armed services. The firm-fixed-price contract is for the production and delivery of modernized-radar frequency interferometer hardware components in support of foreign-military sales partners India Army,
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OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego recently won a more than $22 million contract from the U.S. Army to provide military equipment to three foreign armed services.
The firm-fixed-price contract is for the production and delivery of modernized-radar frequency interferometer hardware components in support of foreign-military sales partners India Army, Morocco, and Netherlands, according to an Oct. 29 contract announcement from the U.S. Department of Defense.
Contract bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of Dec. 1, 2023, per the contract announcement. The U.S. Army Contracting Command in Redstone Arsenal, Alabama was the contracting authority.

KeyCorp’s Q3 profit jumps 55 percent, beats analysts’ expectations
KeyCorp (NYSE: KEY) recently reported that its net income in the third quarter increased 55 percent to $616 million, or 65 cents per share, from $397 million, or 41 cents, in the year-ago period, driven by strong revenue growth, especially fee-based income. KeyCorp — based in Cleveland, Ohio — is parent of KeyBank, which ranks
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KeyCorp (NYSE: KEY) recently reported that its net income in the third quarter increased 55 percent to $616 million, or 65 cents per share, from $397 million, or 41 cents, in the year-ago period, driven by strong revenue growth, especially fee-based income.
KeyCorp — based in Cleveland, Ohio — is parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region.
Key’s earnings per share this quarter easily beat the consensus analyst estimate of 57 cents, according to Zacks Equity Research.
The banking company generated record total revenue of $1.82 billion in the third quarter, up 8 percent from the year-prior quarter. That topped the Zacks estimate of $1.76 billion. Key’s noninterest income was up 17 percent in the third quarter compared to the same quarter in 2020.
KeyCorp completed $593 million worth of repurchases of its common stock in the latest quarter.

NBT Bancorp boosts quarterly dividend by nearly 4 percent
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the fourth quarter. The payment is unchanged from the last quarter but up by 3.7 percent from 27 cents a share in the fourth quarter of 2020. The Norwich–based
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NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the fourth quarter.
The payment is unchanged from the last quarter but up by 3.7 percent from 27 cents a share in the fourth quarter of 2020.
The Norwich–based banking company will pay the dividend on Dec. 15, to shareholders of record as of Dec. 1. The dividend represents a yield of about 3.05 percent based on NBT’s current stock price.
NBT Bancorp also reported that its net income rose 6.6 percent to $37.4 million in the third quarter from $35.1 million a year prior. The increase was primarily due to changes in the estimated impact of the COVID-19 pandemic on expected credit losses. The banking company’s earnings per share rose almost 7.5 percent to 86 cents in this year’s third quarter from 80 cents in the third quarter of 2020.
NBT Bancorp is a financial holding company with total assets of $12 billion as of Sept. 30. The banking company primarily operates through NBT Bank, N.A. — a full-service community bank with 140 branches in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine, and Connecticut — and through two financial-services companies: EPIC Retirement Plan Services and NBT Insurance Agency.

CCNY Tech leases more than 16,000 square feet of space in New Hartford
NEW HARTFORD, N.Y. — CCNY Tech recently leased 16,099 square feet of space for its headquarters at 145 New Hartford St. in New Hartford. Mike Conley, Jeff D’Amore & James Furney from Cushman & Wakefield/Pyramid Brokerage Company helped negotiate the lease and arrange the transaction. Conley represented the landlord, while D’Amore and James Furney represented
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NEW HARTFORD, N.Y. — CCNY Tech recently leased 16,099 square feet of space for its headquarters at 145 New Hartford St. in New Hartford.
Mike Conley, Jeff D’Amore & James Furney from Cushman & Wakefield/Pyramid Brokerage Company helped negotiate the lease and arrange the transaction. Conley represented the landlord, while D’Amore and James Furney represented the tenant in the transaction, according to a news release from the real-estate firm.
CCNY Tech (formally Computer Connection of CNY, Inc./CCNY) says it is a systems integrator and reseller of IT infrastructure. The firm is an independent reseller of IT hardware from Sun/Oracle, Cisco, IBM, HP, Dell, and others. Scott Fluty is president and CEO of CCNY Tech.

Auburn’s new public-safety building project was a long-term effort
AUBURN, N.Y. — Auburn Mayor Michael Quill said the city’s new $10 million shared public-safety building has been “many, many years in the making.” Auburn, a 2018 winner of the state’s Downtown Revitalization Initiative (DRI), used a portion of its $10 million prize to “make it happen” Quill said. “With this project, we have moved
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AUBURN, N.Y. — Auburn Mayor Michael Quill said the city’s new $10 million shared public-safety building has been “many, many years in the making.”
Auburn, a 2018 winner of the state’s Downtown Revitalization Initiative (DRI), used a portion of its $10 million prize to “make it happen” Quill said.
“With this project, we have moved our main fire station, invested in improved emergency-management systems and revitalized a neighborhood on our downtown’s northern edge,” Quill said.
Auburn, the second largest city in Central New York, was named a DRI round 3 winner in July 2018.
Crews have finished work on the nearly 30,000-square-foot building that will house the City of Auburn Fire Department and the Cayuga County Emergency Operations Center.
The shared space provides emergency responders with “modern” amenities and equipment in Auburn’s downtown, Gov. Kathy Hochul announced.
The project site is located at 31 Seminary St., which sits at the intersection of Seminary Street and Nelson Street in the City of Auburn.
The New York State Department of Environmental Conservation’s (DEC) climate smart communities grant program provided the project $2 million, and the New York State Department of State granted $1.2 million as part of the DRI, Hochul’s office said.
A City of Auburn bond ordinance accounted for the remaining $6.8 million, according to the city’s website.
Hueber-Breuer Construction Company, Inc. of Syracuse served as the construction administration and management firm for this project, and Bivens + Associates Architects of Syracuse handled the design work, per the City of Auburn.
The project included fully renovating a 17,800-square-foot vacant urban strip mall and adding a newly constructed 11,800-square-foot apparatus bay to house Auburn Fire Department apparatus, safety equipment, training, and medical supplies and decontamination areas for firefighters.
The City of Auburn and Cayuga County have a joint resolution supporting the county’s Emergency Operations Center (EOC) operating from the new fire station. The new EOC will serve as a public-safety classroom for city and county police and emergency-management agencies on a day-to-day basis, per Hochul’s office. Officials can activate the EOC to respond to disasters or public-health emergencies.
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