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TSA installs new acrylic shields at airports in Watertown, Ogdensburg
The Transportation Security Administration (TSA) announced it has installed new acrylic shields at the security checkpoints at Watertown International Airport in Jefferson County and at
New York state bars, restaurants can stay open until 11 p.m., starting Sunday
ALBANY, N.Y. — Closing times for restaurants and bars will be extended from 10 p.m. to 11 p.m. statewide, beginning this Sunday. Gov. Andrew Cuomo
Tompkins Financial to pay Q1 dividend of 54 cents on Feb. 16
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 54 cents a share for the first quarter. The dividend is payable on Feb. 16, to common shareholders of record as of Feb. 9. The dividend is the same amount the
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ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 54 cents a share for the first quarter.
The dividend is payable on Feb. 16, to common shareholders of record as of Feb. 9. The dividend is the same amount the banking company paid in the fourth quarter of 2020, but represents a nearly 4 percent increase over the cash dividend of 52 cents it paid in the third quarter.
At Tompkins Financial’s current stock price, the payment yields about 3.1 percent on an annual basis.
Tompkins Financial is a financial-services firm serving the Central, Western, and Hudson Valley regions of New York and the Southeastern part of Pennsylvania. Headquartered in Ithaca, Tompkins Financial is parent of Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, and Tompkins Insurance Agencies, Inc. It also offers wealth-management services through Tompkins Financial Advisors.
Brown & Brown Insurance to pay quarterly dividend on Feb. 17
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash dividend of 9.25 cents a share. The dividend is payable on Feb. 17 to shareholders of record on Feb. 5, the insurance agency said in a
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Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash dividend of 9.25 cents a share.
The dividend is payable on Feb. 17 to shareholders of record on Feb. 5, the insurance agency said in a news release.
Brown & Brown, through its subsidiaries, offers a broad range of insurance products and related services. The firm, which makes many acquisitions of insurance agencies, generated revenue of
$2.6 billion in 2020, up more than 9 percent from 2019.
Brown & Brown Empire State is headquartered at 500 Plum St. in Syracuse’s Franklin Square area. It also has offices in Vestal, Rome, and Clifton Park, according to the firm’s website.
Ronald McDonald House Charities of CNY announces new board member, officers
SYRACUSE, N.Y. — Ronald McDonald House Charities of Central New York (CNY) announced it has appointed Colleen McLaughlin, owner/operator of a McDonald’s franchise, to its board of directors for 2021. McLaughlin joins 13 other members currently on the board. The charitable organization also announced the following board officers for 2021: President, Amy Collins, VP and
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SYRACUSE, N.Y. — Ronald McDonald House Charities of Central New York (CNY) announced it has appointed Colleen McLaughlin, owner/operator of a McDonald’s franchise, to its board of directors for 2021. McLaughlin joins 13 other members currently on the board.
The charitable organization also announced the following board officers for 2021: President, Amy Collins, VP and general manager at CNY Central Media Group; 1st VP, Alan Peterman, partner at Barclay Damon LLP; 2nd VP, Colleen Kernan, director of public relations at Pinckney Hugo Group; Treasurer, Steve Malone, director of finance at JMA Wireless; and Secretary, Carrie Wojtaszek, chief operating officer at Galaxy Media.
Ronald McDonald House Charities of CNY’s other board members include: Dr. Nader H. Atallah, cardiologist and managing member of Pediatric Cardiology Associates LLC and clinical associate professor at SUNY Upstate Medical University and the University of Rochester; Steve Case, partner at Acropolis Realty Group; Rich Krahling, owner/operator of a McDonald’s franchise; Karen Ohliger, relationship manager at KeyBank; Hon. Anthony J. Paris, Supreme Court Justice, New York State 5th Judicial District; Brian Rapp, partner and VP at Bill Rapp Superstore; Jennifer Speicher, administrator at Upstate Golisano Children’s Hospital; and Matt Trinkaus, VP of finance at Kris-Tech Wire.
Ronald McDonald House Charities of CNY operates the CNY Ronald McDonald House as a “home away from home” for families whose children are hospitalized with serious illnesses or injuries.
Seneca Foods operating income nearly triples in latest quarter
MARION — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) — a Wayne County–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva — reported operating income of $90.6 million in its latest quarter ending Dec. 26. That was up almost three-fold from $33.1 million in the year-ago quarter. Seneca Foods also reported
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MARION — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) — a Wayne County–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva — reported operating income of $90.6 million in its latest quarter ending Dec. 26.
That was up almost three-fold from $33.1 million in the year-ago quarter.
Seneca Foods also reported a more than 23 percent increase in net sales to $484.4 million in the quarter ending Dec. 26.
Seneca Foods says it holds the largest share of the retail private label, food service, and export canned-vegetable markets, distributing to more than 90 countries. Products are sold under the Libby’s, Aunt Nellie’s, Green Valley, CherryMan, READ, and Seneca labels, including Seneca snack chips.
Syracuse restaurants serving up deals in winter-season promotion
SYRACUSE — More than 40 downtown Syracuse restaurants are participating in the first “Delicious Downtown Deals” promotion. The restaurants include five new eateries that just opened at the Salt City Market. The meals are available for dine in, curbside, and to go. The promotion started Feb. 1 and continues all month long through Feb. 28,
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SYRACUSE — More than 40 downtown Syracuse restaurants are participating in the first “Delicious Downtown Deals” promotion.
The restaurants include five new eateries that just opened at the Salt City Market. The meals are available for dine in, curbside, and to go.
The promotion started Feb. 1 and continues all month long through Feb. 28, according to the Downtown Committee of Syracuse, Inc.
The specials and deals vary from restaurant to restaurant. Some eateries are offering package deals, including some for $20.21, reflecting the calendar year. Others are serving up three-course lunches and dinners at a fixed price point, similar to what the community has come to expect during the traditional “Downtown Dining Weeks” promotion, which the Downtown Committee plans to present “later this spring.”
“Right now, there is an exciting energy in our community as we continue to show our love for our local restaurants, retailers, and the cultural institutions that make this city center so special,” Merike Treier, executive director of the Downtown Committee of Syracuse, said in a statement. “We plan to hold the traditional Dining Weeks promotion later this year, but we didn’t want to miss out on celebrating the flavors that so many have come to look forward to each year around this time. We hope you’ll visit your favorite restaurants — and discover new ones — in whatever ways you and your families are most comfortable with. Enjoy dining in, curbside pick-up, and/or takeout.”
Passport-promotion contest
As part of the promotion, the Downtown Committee is also hosting a passport-promotion contest.
Throughout the month of February, as patrons visit one or more participating restaurants, they can earn stickers when they purchase a restaurant’s specified “Downtown Deal.”
Seven or more stickers (deal purchases) earn patrons one entry in the prize drawing, 14 or more earn two entries in the prize drawing, and 21 or more earn patrons three entries in the prize drawing.
Participants may also email Mail@DowntownSyracuse.com, sharing their favorite 13202-zip-code restaurant, specifying their favorite meal and why it is, to earn an entry into the drawing.
Passport cards may be picked up at participating restaurants or downloaded at the Downtown Committee’s website. To redeem passports, patrons can email a picture of their card (front and back) to the Downtown Committee at Mail@DowntownSyracuse.com.
If you don’t have a smartphone, please mail it to the Downtown Committee of Syracuse, Inc. at 115 West Fayette St, Syracuse, N.Y. 13202 c/o “Passport Promotion.”
All submissions must be received by March 1. The drawing will be held during the first week of March.
Meal and a Museum
Four museums are also joining the “Delicious Downtown Deals” campaign. Throughout the month of February, visitors are encouraged to visit any of the participating restaurants to pick up a pass that will grant them a 10-percent discount at the Onondaga Historical Association’s gift gallery or at the Erie Canal Museum, one free admission at the Museum of Science and Technology (MOST), or one free admission at the Everson Museum of Art.
“Meal and a Museum” passes are only available at participating restaurants, the Downtown Committee said.
The Be A Neighbor Fund seeks to help struggling Utica small businesses
UTICA, N.Y. — Seeking to help local small businesses that have struggled during the pandemic, four Utica–area businesses have started the Be A Neighbor Fund. The businesses involved include Universal Bookkeeper, Made In Utica, McGrogan Design, and thINCubator. The fund has an initial goal of raising $45,000 to help out five small businesses. “The idea
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UTICA, N.Y. — Seeking to help local small businesses that have struggled during the pandemic, four Utica–area businesses have started the Be A Neighbor Fund.
The businesses involved include Universal Bookkeeper, Made In Utica, McGrogan Design, and thINCubator.
The fund has an initial goal of raising $45,000 to help out five small businesses.
“The idea isn’t to have a one-shot donation to a business,” Justin Miller, owner of Universal Bookkeeper, said in a release. “I kept thinking, how can we help businesses in a way that would make an impact. So, the idea is they will receive up to $3,000 for three months. This allows a business to really have some breathing room and have some reliable income for whatever they need to stay open and thrive again.”
Donations will be processed through Handshake.City, a nonprofit organization under management of Made In Utica.
For businesses, the application process is “short and simple,” and any business in the greater Utica area can apply. Community members can also nominate a business.
“We created a really easy process on our website for the applications and nominations,” Justin Parkinson of Made In Utica, said. “We’d love to hear from business owners, but we also want to hear from the community. We want you to think about what businesses you love, what businesses would you truly miss if they were gone.”
The team behind the Be A Neighbor Fund is hoping to continue the fund even after the initial goal is reached.
“The purpose of our business has always been to help as many small businesses as possible, so it was a no-brainer to come together and collaborate with these talented partners and make that happen,” Ryan McGrogan, owner of McGrogan Design, said.
“The more money raised, the more businesses will be helped. No donation is too small, or too big. We’d encourage anyone from individuals in the community to other businesses to be a ‘good neighbor’ and donate toward the fund,” said Meghan Fraser McGrogan of McGrogan Design.
More information about the fund including applications, nominations, and donation forms for the Be A Neighbor Fund are available now at www.handshake.city, per the release.
Hauch starts as new Carrols Restaurant Group COO
SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) recently appointed Carl Hauch as the company’s chief operating officer (COO), effective Feb. 15. Syracuse–based Carrols is the largest Burger King franchisee in the U.S. Hauch, age 54, comes to Carrols from NPC International, where he was president of the company’s Wendy’s division, from January 2019 to
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SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) recently appointed Carl Hauch as the company’s chief operating officer (COO), effective Feb. 15.
Syracuse–based Carrols is the largest Burger King franchisee in the U.S.
Hauch, age 54, comes to Carrols from NPC International, where he was president of the company’s Wendy’s division, from January 2019 to February 2021. NPC is the largest Wendy’s franchisee. Hauch led the company to its most-successful year in 2020, prior to its recently announced sale, Carrols said in a news release.
Before joining NPC, Hauch worked at Barnes & Noble, Inc., where he served as VP from July 2017 through June 2018 and co-CEO from June 2018 to January 2019.
Prior to Barnes & Noble, Hauch worked as senior VP of national operations and customer experience at Advance Auto Parts. He also held multiple leadership positions at Advance Auto Parts, including as head of operations and human resources. Hauch worked for the company from 2008-2012.
Hauch started his career working in management positions in the restaurant industry before launching a 14-year career at Starbucks in 1994. He worked in a variety of operational positions, including store manager, district manager, director of operations, and regional VP. Hauch ran national operations in Australia and became CEO/managing director of Starbucks Switzerland and Austria, where he led “a complete turnaround of the business in the span of 24 months,” per the release.
“Carl is a terrific addition to the Carrols team, and I am thrilled to have him on board to oversee our almost 1,100 Burger King and Popeyes restaurants in 23 states,” Daniel T. Accordino, chairman and CEO of Carrols, said. “He has a depth of experience managing large-scale restaurant and retail operations, as well as a proven reputation for growing businesses and managing costs. I believe his skills will be especially valuable as we re-engage in strong but balanced organic and non-organic growth strategies.”
Contract details
Under his employment agreement, Hauch will be paid an annual base salary of $550,000 that may be increased annually at the discretion of the Carrols compensation committee, according to a company filing with the U.S. Securities & Exchange Commission. Hauch will also get to participate in the company’s executive-bonus plan, with a target percentage of 100 percent of his annual base salary, and any restricted stock or other equity-incentive plans applicable to executive employees. Hauch will also receive a cash sign-on bonus of $120,000, in lieu of any payments for costs of his relocation and reimbursement for temporary-lodging expenses incurred through his relocation date or June 15, 2021 — whichever comes first.
Local sales-tax collections in NYS fell by 10 percent in 2020
ALBANY, N.Y. — Local sales-tax collections declined by $1.8 billion, or 10 percent, in 2020 compared to 2019, amid the coronavirus crisis, the Office of New York State Comptroller Thomas DiNapoli recently reported. The decline exceeded the 6 percent drop in local sales-tax collections seen in the 2009 recession compared with 2008. Collections were uneven
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ALBANY, N.Y. — Local sales-tax collections declined by $1.8 billion, or 10 percent, in 2020 compared to 2019, amid the coronavirus crisis, the Office of New York State Comptroller Thomas DiNapoli recently reported.
The decline exceeded the 6 percent drop in local sales-tax collections seen in the 2009 recession compared with 2008.
Collections were uneven in 2020 as the pandemic developed and affected business activity in the state. In the first quarter (January-March) — mostly occurring before the economic impact of the COVID-19 global crisis swept through the Empire State — sales-tax collections grew by 4.6 percent over the same quarter in the previous year, the comptroller’s report said. However, collections plunged by 27.1 percent in the second quarter (April-June) compared to the second quarter in 2019. State-mandated closures of non-essential businesses in late March led to a spike in unemployment and a sharp drop in retail and food-services sales in the following months.
The third quarter (July-September) and fourth quarter (October-December) saw continued decreases in sales-tax collections although less steep — at 9.5 percent and 7 percent, respectively. The reopening of many non-essential businesses in June helped business rebound, although some restrictions were still in place. Collections increased outside of New York City in the third and fourth quarters, compared to the same period in 2019.
You can see the full state comptroller’s report at: https://www.osc.state.ny.us/files/local-government/publications/pdf/local-sales-tax-collections-decline-by-10-percent-in-2020.pdf?utm_source=weekly%20news&utm_medium=email&utm_content=20210207&utm_campaign=fiscal%20oversight§ion=body
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