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Industrial building in DeWitt sold for $900,000

DeWITT, N.Y. — The nearly 19,000-square-foot industrial building at 110 Boss Road in the town of DeWitt was recently sold for $900,000 to Sand Mauritius Holdings LLC. John Clark of Cushman & Wakefield/Pyramid Brokerage Company handled the sale and represented the buyer in the transaction. The property, which encompasses nearly 3.4 acres, is assessed at […]

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Onondaga County hotel occupancy rate more than doubles in May as recovery from pandemic lows continues

SYRACUSE, N.Y. — Hotels in Onondaga County saw another massive surge in guests this May compared to May 2020, when the COVID-19 pandemic hammered the hospitality business, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 124.4 percent to 50.9 percent in May

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Lockheed Martin to pay Q3 dividend of $2.60 per share in late September

Lockheed Martin Corp. (NYSE: LMT) announced that its board of directors has authorized a dividend of $2.60 a share for the third quarter. The dividend is payable on Sept. 24, to shareholders of record as of the close of business on Sept. 1. It’s the same amount that the defense contractor paid shareholders in the

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New York milk production jumps more than 4 percent in May

New York dairy farms produced more than 1.35 billion pounds of milk in May, up 4.2 percent from just under 1.3 billion pounds in the year-prior month, the USDA’s National Agricultural Statistics Service (NASS) recently reported. Milk production per cow in the state averaged 2,155 pounds in May, up nearly 3.9 percent from 2,075 pounds

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New York egg production edges up less than 1 percent in May

New York farms produced 147.8 million eggs in May, up 0.7 percent from 146.7 million eggs in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State averaged nearly 5.82 million in May, up 4.3 percent from almost 5.58 million layers a year prior. May

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Sunnking seeks to help Mohawk Valley businesses with their electronics recycling

WHITESBORO, N.Y. — An executive with recycler Sunnking says the firm’s “big focus” is helping local businesses in the Mohawk Valley region.  “We want to make it easy for them to responsibly handle and dispose of all of their electronics,” Adam Shine, VP of Sunnking, says. Sunnking, Inc. has operations in a space located at

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Cathedral Corp. of Rome acquires Connecticut firm that also serves Catholic churches

ROME, N.Y. — Cathedral Corporation of Rome — which for more than 100 years has provided Catholic churches and dioceses with printing, communications, and support services — recently announced it has acquired Letter Concepts Inc. (LCI) of Connecticut to strengthen its presence in the church market. LCI is a Kensington, Connecticut–based firm that specializes in

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New York closed home sales jump 43 percent in May

Pending sales nearly double  ALBANY, N.Y. — New York realtors sold 10,694 previously-owned homes in May, up 43.2 percent from 7,467 homes sold in the year-ago month as the housing market stayed hot. Pending sales in May went up even more, almost doubling, indicating that further large increases in closed sales are coming in in

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ANCA hires Cooper as new executive director

SARANAC LAKE, N.Y. — The Adirondack North Country Association (ANCA) board of directors on July 1 announced that Elizabeth Cooper will succeed Kate Fish as executive director.  Fish has led the rural economic-development organization for 12 years. Cooper will begin work at the association on July 12, ANCA said. ANCA is an independent, nonprofit corporation

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SMALL BUSINESS SPOTLIGHT: Skaneateles Artisans: Creatively pivoting through COVID

SKANEATELES — During the peak of the COVID-19 pandemic last holiday season, Skaneateles Artisans owner Teresa Vitale found herself in a similar position to many other retail brick-and-mortar business owners. Revenue was waning due to a lack of customers who were appropriately social distancing at home and either reducing their purchasing or relying on e-commerce

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