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Carrols adds Burger King restaurants in Indiana, Michigan

SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) has added to its presence in Indiana and Michigan with the purchase of 19 Burger King restaurants. Syracuse–based Carrols is one of the largest restaurant franchisees in North America. It is the largest Burger King franchisee in the U.S.  “These 19 restaurants, which were acquired in […]

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Ithaca College preps for leadership transition

ITHACA, N.Y. — Ithaca College is preparing for a leadership transition as the school’s provost and executive VP will become interim president, effective Aug. 30. The Ithaca College board of trustees has appointed La Jerne Terry Cornish to role for the entirety of the 2021-22 academic year. Current school president Shirley Collado has accepted a

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Pathfinder Bancorp to pay second-quarter dividend of 7 cents a share

OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 7 cents per share on its common stock for the fiscal quarter ending June 30.  The dividend will be payable to all Pathfinder shareholders of record on July 16 and will be paid on Aug.

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SU buys the Marshall complex as part of new housing strategy

SYRACUSE, N.Y. — Syracuse University’s acquisition of the Marshall student-housing complex is part of the university’s new housing strategy. The new approach, which follows the completion of a “comprehensive” housing review that began in 2019, “prioritizes student feedback and seeks to meet the needs of today’s undergraduate and graduate students,” Syracuse said in a July

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Innovare Advancement Center in Rome operates as accelerator for AI, cyber, UAS

ROME, N.Y. — A facility that’s described as an “open innovation hub” is now open to the public. Innovare Advancement Center (IAC) in Rome is a talent and technology accelerator for artificial intelligence/machine learning, cyber, quantum, and unmanned-aircraft systems (UAS).  The IAC is a partnership between the Griffiss Institute, the Air Force Research Laboratory Information

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Finland firm sets up North American HQ at SU’s CASE Center

SYRACUSE, N.Y. — A company founded in Helsinki, Finland has established its North American headquarters at the Center for Advanced Systems and Engineering (CASE) at Syracuse University. Launched in 2017, NSION Technologies Inc. has established operations at the CASE business incubator. NSION Technologies provides situational awareness and secure communications channels with live-data transmission through encrypted-management

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NY MEP generated nearly $1B in economic impact in 2020

ALBANY, N.Y. — The New York Manufacturing Extension Partnership (NY MEP) says it helped create or retain 6,637 jobs and generate $994 million in financial impacts such as company cost savings, new investments, and increased or retained sales. NY MEP is a statewide network of 11 organizations that provide growth and innovation services to small-

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Genius NY program to select five finalists for this year’s competition

SYRACUSE, N.Y. — The Genius NY program is working to select five finalists from a group of 13 semifinalists that it announced June 29. Genius NY is a business-accelerator program at CenterState CEO’s Tech Garden. Genius NY stands for Growing ENtrepreneurs & Innovators in UpState New York. The program selected the companies from a pool

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After acquisition, Rochester firm to expand fiber network across Southern Tier

BINGHAMTON, N.Y. — With its recent acquisition of Plexicomm, LLC, Rochester–based Greenlight Networks believes it now has the platform to expand its fiber network across the Southern Tier. The firm plans to provide high-speed fiber internet to 30,000 homes in the region by the end of 2022. Greenlight Networks on June 30 held a news

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FuzeHub manufacturing grants boost area projects

“In the current climate, the Jeff Lawrence Innovation Fund Manufacturing Grant awards are a vital resource to the companies that are supported in these projects” Elena Garuc, executive director of FuzeHub, said in a release. “The awards are allowing companies to stimulate the economy and further bolster manufacturing in [New York State].”  Jeff Lawrence, who

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