Rasheed takes over as board chair for Community Foundation of Herkimer & Oneida Counties

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UTICA, N,Y, — Jawwaad Rasheed, a recently retired Oneida County Family Court Support Magistrate, is serving as the new board chair of the Community Foundation of Herkimer and Oneida Counties. In addition to his years of service on the Community Foundation board, Rasheed has been involved in the Eastern Regional Child Support Enforcement Association, 100 […]

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Finger Lakes Health elects two new board members

Health Care, Subscriber Only

GENEVA — Finger Lakes Health recently announced that its board of directors has elected Dr. Scott A. Mooney and James Nardozzi as two new board members. Mooney is a radiologist with Finger Lakes Radiology, LLC and currently serves as president of the Geneva General Hospital medical staff. He attended medical school at New York Medical

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New York milk production rises more than 3 percent in June

Energy, Environment & Sustainability, Manufacturing & Engineering, New York News, Subscriber Only

New York dairy farms produced nearly 1.32 billion pounds of milk in June, up 3.1 percent from just under 1.28 billion pounds in the year-ago month, the USDA’s National Agricultural Statistics Service (NASS) recently reported. Milk production per cow in the state averaged 2,090 pounds in June, up almost 2.5 percent from 2,040 pounds a

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Jefferson County hotel occupancy rate jumps nearly 67 percent in June

Sports, Entertainment & Tourism, Subscriber Only

WATERTOWN, N.Y. — Hotels in Jefferson County again saw a big surge in guests in June compared to a year ago, as the travel and leisure business continues to recover from the pandemic, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county climbed 66.6

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Broome County hotel occupancy rate soars more than 70 percent

Regional News, Sports, Entertainment & Tourism, Subscriber Only

BINGHAMTON, N.Y. — Broome County hotels continued to see a sharp rebound in customers in June as they recover from the business disruptions of the COVID pandemic, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 70.6 percent to 59.1 percent in June,

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Dupli acquires Seaboard Graphics

Small Business, Subscriber Only

DeWITT — Dupli — a family-owned, on-demand printing company — in June acquired Seaboard Graphics, a commercial printer that focuses on screen printing and embroidery work. Dupli didn’t release any financial terms of its acquisition agreement. Kemper Matt, Jr., president of Dupli, tells CNYBJ in a July 30 phone interview that the acquisition brings his

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DeWITT — Dupli — a family-owned, on-demand printing company — in June acquired Seaboard Graphics, a commercial printer that focuses on screen printing and embroidery work.

Dupli didn’t release any financial terms of its acquisition agreement.

Kemper Matt, Jr., president of Dupli, tells CNYBJ in a July 30 phone interview that the acquisition brings his company services that will strengthen its offerings.

“They have a more substantial commercial-printing offering, so that’s going to help us. They also offer screen printing and embroidery, so that’s going to help us,” says Matt.

Besides envelopes, Dupli says its products and services also include Stik-Withit Notes Pads and Note Cubes, direct-mail services, marketing collateral, and fulfillment services. Dupli says its online platform — DupliOnline — facilitates the print production and shipment of “thousands of orders per day.”

Dupli is headquartered at 6761 Thompson Road in DeWitt and also operates offices in Malvern, Pennsylvania (near Philadelphia) and in Newington, Connecticut. Seaboard operates at 6881 Schuyler Road in DeWitt.

Following the transaction, Seaboard Graphics is now operating as just Seaboard and functions as a division of Dupli, Larry Kuhn, president of Seaboard, tells CNYBJ in a separate phone interview on July 27.

He also notes that the Minuteman Press business at 7570 Oswego Road in Clay is not part of the acquisition deal. Kuhn says he and his wife, Melinda, still own that entity.

Before the deal, the employee count at Dupli was about 200 and the company added 12 people from Seaboard in the transaction, according to Matt.

“Every one of our team members is staying with the company,” Kuhn notes.

For the Kuhns, the sale represents a succession plan.

“I don’t really have a timeline. In my mind, I’m still fairly young. This was a good move as a succession plan for my wife and I but also it allows me to do a little something different,” says Kuhn.

After years of operating a small business, Kuhn believes he’ll enjoy working with a larger company with “better” resources and a bigger infrastructure.

Kuhn is leading sales for the Seaboard division. “From my perspective, I hope Larry works here for another 25 years,” says Matt.

Discussions on the deal started before the coronavirus pandemic impacted life in Central New York and everywhere, according to Kuhn. Seaboard and Dupli have utilized each other’s services for the past three years.

“We were friendly competitors, I like to say,” says Kuhn, noting that Seaboard will eventually move to Dupli’s main office in DeWitt.

Seaboard is the third company Dupli has brought into the fold in the last three years, according to Matt.

The Copy Center in downtown Syracuse joined about a year ago. Envelopes and More was a company in Bloomfield, Connecticut and it joined the Newington, Connecticut division about two years ago.

As for the future, Matt has a positive view.

“We are very optimistic about the future. We’re excited about all of our growth opportunities beyond this investment. We’ve invested in the business, adding more envelope-converting equipment and adding other folding and packaging equipment … The Seaboard acquisition is a piece of our strategy and activities to help continue to grow our business,” says Matt.

Oneida County communities can tap into Main Street program

Construction, Design & Real Estate, Employee Benefits & Human Resources, Nonprofits, Regional News, Small Business, Subscriber Only

UTICA, N.Y. — The City of Sherrill, Town of Verona, and all Oneida County communities can benefit from a Main Street program that Oneida County Executive Anthony Picente, Jr. announced July 28. It has a goal of providing support for local municipal downtown-development projects and seeks to assist in the “safe and efficient” redesign of

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UTICA, N.Y. — The City of Sherrill, Town of Verona, and all Oneida County communities can benefit from a Main Street program that Oneida County Executive Anthony Picente, Jr. announced July 28.

It has a goal of providing support for local municipal downtown-development projects and seeks to assist in the “safe and efficient” redesign of main streets and promote investment and business growth.

“Main streets and downtowns are the lifeblood of our communities and are the key to strengthening our economies and recovering from the fallout of the pandemic,” said Verona Town Supervisor Scott Musacchio. “I applaud County Executive Picente’s vision to help our towns, villages and cities revitalize these areas and I am anxious to seize upon this opportunity for the Town of Verona.”

Musacchio and Sherrill Mayor William Vineall joined Picente for the announcement. Picente first announced the program in his State of the County address earlier this year.

The Oneida County Planning Department will work with cities, towns, and villages to “rethink and rebrand” their main streets including complete street designs, parking, streetscapes, façade programs, public-space design, and entrance-way development. The program will have two phases: planning assistance and capital-project funding.

The program offers a $500,000 fund for planning assistance — with a 50-50 match between the municipalities and the county — to develop main-street programs in participating communities. Once the main-street planning is finished, the projects included will be funded through a $5 million fund that will be capitalized over two years.

“We stand ready to partner with local communities to improve main streets and support downtown-development projects across Oneida County,” Picente said. “Revitalizing our main streets will not just make them safer and more accessible, but will bring customers back, create jobs, and foster private investment. Together, we can create the collective impact that not only moves us past the pandemic but thrusts us into a better and more sustainable future.”

The Main Street program aims to improve safety, provide better access for local businesses, allow people to move safely on foot, accommodate bicyclists, and support climate-smart investments.

A main-street project doesn’t have a singular design format. Projects in rural hamlets, villages, townships, and small cities will look different from those found in the larger cities. It is “essential” that each community responds to the needs of its people as they design a main-street project and consider how their project reflects the “theme and values already present in their community,” Oneida County noted.

Participation in the program requires the incorporation of several pre-identified street-design components that are sourced from case studies and national organizations that specialize in complete street development and “tactical placemaking.” These principles “represent the best practices” for developing accessible places and infrastructure that support local businesses and promote traffic safety.

Oneida County encourages all municipalities to present their vision and thoughts on what they want their project to look like to best fit the community’s needs.

The Oneida County Department of Planning has an application and information packet and program guidebook available on the county website. Those interested can also contact the Oneida County Department of Planning for more information at (315) 798-5710.

NBT Bancorp boosts quarterly dividend by nearly 4 percent

Banks & Credit Unions, Insurance & Financial Services, Subscriber Only

NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved the increase of its quarterly cash dividend to 28 cents per share for the third quarter. That’s up by 3.7 percent from 27 cents a share in the prior quarter. The Norwich–based banking company will pay the dividend

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Tompkins Financial to pay dividend of 54 cents on Aug. 13

Banks & Credit Unions, Insurance & Financial Services, Regional News, Subscriber Only

Banking company’s profit increased 6.5 percent in latest quarter ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 54 cents per share. The Ithaca–based banking company will make the dividend payment on Aug. 13, to common shareholders of record as

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Banking company’s profit increased 6.5 percent in latest quarter

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 54 cents per share.

The Ithaca–based banking company will make the dividend payment on Aug. 13, to common shareholders of record as of Aug. 3. It’s the same amount that Tompkins paid in each of the last three quarters.

Earnings

Tompkins Financial also recently reported that its net income rose 6.5 percent to $22.8 million in the second quarter from $21.4 million in the year-ago quarter, aided by strong fee income and credit quality. The banking company reported earnings per share of $1.54 in the second quarter, up 6.9 percent from $1.44 in the same period in 2020.

Tompkins Financial’s noninterest income jumped almost 10 percent to $18.9 million in the latest quarter, compared to a year earlier.

The company’s provision for credit losses for the second quarter was a credit of $3.1 million compared to an expense of $877,000 for the same period in 2020.

Boosted by a big first quarter, Tompkins Financial’s net income for the six-month period ended June 30 was $48.5 million, up almost 65 percent from $29.4 million for the same period in 2020. Its six-month earnings per share was $3.26, up more than 65 percent from $1.97 for the same year-to-date period last year.

Tompkins Financial is a financial-services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Tompkins Financial is parent of four banks — Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, and Tompkins VIST Bank — as well as Tompkins Insurance Agencies, Inc. and the Tompkins Financial Advisors wealth-management firm. The company’s four banks have announced plans for a rebranding effort, where they will be combined into one bank, Tompkins Trust Company, subject to regulatory approval. The combined bank will conduct business under the “Tompkins” brand name, with a legal name of “Tompkins Community Bank.”

Lockheed Owego wins nearly $118M contract modification from Navy

Manufacturing & Engineering, Regional News, Subscriber Only

OWEGO , N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego unit was recently awarded a nearly $118 million modification to a previous contract from the United States Navy. This order provides non-recurring engineering and field-services representative efforts to bring 12 MH-60R aircraft from standard foreign military sales (FMS) configuration to a Republic of Korea Navy

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