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VIEWPOINT: 7 Ways Leaders Can Finish the Year Off Strong

It’s been a challenging year for many businesses due to the pandemic. Whether you’ve thrived or struggled in difficult times, there’s no doubt challenges came your way.  Many entrepreneurs neglect self-care and work much more than they should, often resulting in burn-out and lower productivity. With September being Self-Care Awareness Month, this is the time to slow […]

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Community Bank System’s new CHRO to begin post on Oct. 1

DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that Maureen Gillan-Myer will soon join the banking company as its executive VP and chief human-resources officer (CHRO).  Gillan-Myer has more than 29 years of leadership and oversight experience in all aspects of human resources and is currently serving as HSBC USA’s CHRO. She

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Oswego County entrepreneur honored

OSWEGO, N.Y. — Operation Oswego County (OOC) recently presented its 2021 Dee Heckethorn Entrepreneur Award to Rebekah Alford in recognition and appreciation of “exceptional entrepreneurial spirit, creativity, and dedication to improving the quality of life” in the Pulaski, area. The OOC specifically lauded Alford for the acquisition and expansion of the Rainbow Shores Restaurant on

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Lockheed Martin Owego awarded nearly $26 million Navy order

OWEGO — Lockheed Martin Rotary and Mission Systems in Owego was recently awarded a $25.8 million order from the U.S. Navy against a previously issued basic ordering agreement. This firm-fixed price, cost-plus-fixed-fee order provides non-recurring engineering for the development, integration, testing, and deployment of the MH-60 Product Line System Configuration 24 fleet release for all

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Lockheed Martin wins up to $208M contract modification from U.S. Navy with most work to be done in Owego

OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant was recently awarded a not-to-exceed $208.1 million modification to a previously awarded contract from the U.S. Navy. This modification adds scope to provide non-recurring engineering for Phase II design and development of unique hardware and software for the government of India in support of the

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USDA NASS report sheds light on New York farmers’ use of the internet, computers, and other technology

ALBANY — In New York state, 81 percent of farms reported having access to the internet with 92 percent of those paying for access through a service provider, according to a new report from the USDA’s National Agricultural Statistics Service (NASS) New York field office. In 2021, 46 percent of farms in the state used

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Welch Allyn to have new Chicago-area parent after sale

Welch Allyn, Inc. — a medical-sevice maker in Skaneateles Falls that has been in operation for more than a century — will have a new owner in 2022.  Baxter International (NYSE: BAX), an Illinois medical-products company has acquired Hill-Rom (NYSE: HRC) — the parent company of Welch Allyn — in a $10.5 billion deal. Hill-Rom, a

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Small group health-insurance premiums in NYS to rise over 7%

Insurers serving New York’s small-group market will raise their premiums, on average, 7.6 percent after requesting an average increase of 14 percent. That’s according to the New York State Department of Financial Services (DFS), which on Aug. 13 said it reduced the average increase by 46 percent, “saving small businesses over $468 million.”   DFS also

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Harris nominated as DFS superintendent

ALBANY — The New York State Senate will consider Gov. Kathy Hochul’s nomination of Adrienne Harris to lead the New York State Department of Financial Services as its next superintendent.  Formerly a top economic advisor to President Barack Obama, Harris would become the state’s top financial regulator. She would succeed Linda Lacewell, who resigned from

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Community Bank System to pay increased dividend on Oct. 8

DeWITT — Community Bank System, Inc. (NYSE: CBU) will pay shareholders a quarterly cash dividend of 43 cents a share on its common stock on Oct. 8. The dividend, which is payable to shareholders of record as of Sept. 15, represents an increase of 1 cent, or 2.4 percent, over last quarter’s payment. This increase marks

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