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Binghamton University seeks applications for the Ross university and community projects fund
VESTAL, N.Y. — Binghamton University announced that it is accepting applications for the 2021 grant cycle of the Stephen David Ross University and Community Projects
Commerce Chenango to host economic-outlook event on Feb. 25
NORWICH, N.Y. — Commerce Chenango will host its annual economic-outlook briefing on Thursday, Feb. 25 in partnership with NBT Bank. The virtual event is scheduled
SUNY program to help EOP students get into its medical schools
SYRACUSE, N.Y. — SUNY has launched a statewide initiative to help more educational opportunity program (EOP) students obtain admission to SUNY’s medical universities. EOP serves
What channel is the Syracuse basketball game on vs. Notre Dame?
SYRACUSE, N.Y. — Syracuse basketball (12-6, 6-5 ACC) seeks a third straight win when the Orange host the Notre Dame Fighting Irish (9-10, 6-7 ACC)
Le Moyne selects commencement-ceremony dates for the Classes of 2021, 2020
SYRACUSE, N.Y. —Le Moyne College on Friday announced the dates for the commencement ceremonies for both the Classes of 2021 and 2020. The school postponed
NBT Bancorp to pay quarterly dividend of 27 cents in mid-March
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a first-quarter cash dividend of 27 cents a share. The dividend will be paid on March 15, to shareholders of record as of March 1. At NBT’s current stock price, the dividend yields about 3.05 percent on an
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NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a first-quarter cash dividend of 27 cents a share.
The dividend will be paid on March 15, to shareholders of record as of March 1. At NBT’s current stock price, the dividend yields about 3.05 percent on an annual basis.
NBT Bancorp’s board also approved an increase to the total number of shares authorized under the banking company’s current stock-repurchase program to 2 million shares from the previous 1 million shares. NBT said it has so far bought back 263,507 shares under the plan. The stock-repurchase plan expires on Dec. 31, 2021.
NBT Bancorp is a financial holding company based in Norwich, with total assets of $10.9 billion as of Dec. 31. The company primarily operates through NBT Bank, N.A., a full-service community bank and via two financial-services companies. NBT Bank has 141 branches in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine, and is currently entering Connecticut. EPIC Retirement Plan Services, based in Rochester, is a full-service 401(k) plan recordkeeping firm. NBT Insurance Agency, LLC, based in Norwich, is a full-service insurance agency.
Seneca Foods increases size of board of directors, adds Nelson
MARION — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently increased the size of its board of directors from seven to eight members and appointed Linda K. Nelson to fill the newly created board position. Seneca Foods, headquartered in the town of Marion in Wayne County, is a provider of packaged fruits and vegetables, with facilities
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MARION — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently increased the size of its board of directors from seven to eight members and appointed Linda K. Nelson to fill the newly created board position.
Seneca Foods, headquartered in the town of Marion in Wayne County, is a provider of packaged fruits and vegetables, with facilities across the U.S. including in Geneva and Penn Yan.
Nelson will serve as an independent director and has been appointed as a member of the audit committee of the Seneca Foods board, the company said in a Feb. 3 corporate filing with the U.S. Securities & Exchange Commission. She has more than 26 years of experience in financial and operational management. Nelson serves as a financial-executive consultant, holding a senior-leadership position on various acquisition and merger due-diligence teams evaluating opportunities for both large-scale private equity firms and local entrepreneurs. From 2011-2013, Nelson served as chief financial officer at First American Equipment Finance. Before that, she worked at Birds Eye Foods, Inc. for 15 years in increasingly responsible financial roles, reaching the position of executive VP, CFO, and secretary in 2008.
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.
Fewer than 3 in 10 Broome County hotel rooms were filled in December
BINGHAMTON, N.Y. — Broome County hotels posted an average occupancy rate (rooms sold as a percentage of rooms available) of 28.3 percent in December, down 35.6 percent from a year ago, as the COVID-19 pandemic continued to take a bite out of the travel and hospitality business. For all of 2020, hotel occupancy fell 37.6
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BINGHAMTON, N.Y. — Broome County hotels posted an average occupancy rate (rooms sold as a percentage of rooms available) of 28.3 percent in December, down 35.6 percent from a year ago, as the COVID-19 pandemic continued to take a bite out of the travel and hospitality business.
For all of 2020, hotel occupancy fell 37.6 percent to 36.6 percent, according to STR, a Tennessee–based hotel market data and analytics company.
Broome County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, was $21.18 in December, down 41.7 percent from December 2019. For the full-year 2020, RevPar plunged 48.2 percent to $28.47.
Average daily rate (or ADR), which represents the average rental rate for a sold room, hit $74.87 in December, off 9.5 percent from the year-ago month. For the full 12-month period, ADR declined 17 percent to $77.78.
USDA reports New York onion production fell 7 percent last year
New York farms produced an estimated 209 million pounds of onions in 2020, down 7 percent from the 2019 estimate. That’s according to a USDA National Agricultural Statistics Service (NASS) 2020 vegetable production summary report issued on Feb. 12. NASS reported that the average yield per acre was 29,000 pounds last year, down more than
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New York farms produced an estimated 209 million pounds of onions in 2020, down 7 percent from the 2019 estimate. That’s according to a USDA National Agricultural Statistics Service (NASS) 2020 vegetable production summary report issued on Feb. 12.
NASS reported that the average yield per acre was 29,000 pounds last year, down more than 9 percent from the 2019 average yield of 32,000 pounds an acre.
New York farmers harvested 7,200 acres of onions in 2020, up 3 percent from a year earlier, according to NASS. The value of production totaled $42.6 million last year, up 18 percent from 2019.
Newly rebranded Rome Health to build physician center
ROME, N.Y. — Rome Health — the rebranded name of Rome Memorial Hospital — has announced plans to build a physician center on its campus in Rome. The health-care provider is gearing up for a $13.1 million capital project to create the new physician center on its main campus, which is located at 1500 N.
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ROME, N.Y. — Rome Health — the rebranded name of Rome Memorial Hospital — has announced plans to build a physician center on its campus in Rome.
The health-care provider is gearing up for a $13.1 million capital project to create the new physician center on its main campus, which is located at 1500 N. James St. in Rome.
Primary and specialty-care clinics are currently scattered across multiple locations within two miles of the hospital, Mark Murphy, president and CEO of Rome Health, said in a Feb. 16 announcement.
“Bringing them together on the hospital’s main campus will provide greater convenience for patients with the proximity of diagnostic testing and pharmacy in a single location,” said Murphy.
Primary care and specialty physicians, diagnostic testing, lab tests, and pharmacy services will all be available in one location, he added.
Pending state approval, Rome Health expects to begin construction in August, with the new physician center opening in June 2022. The project involves renovating existing administrative space on the ground floor and first floor and finishing the open space under the Bartlett Wing, which faces Black River Boulevard.
Rome Health has selected King + King Architects and the Hayner Hoyt Corporation, both of Syracuse, to design and construct the new physician center.
When complete in June 2022, providers from the hospital’s affiliated practices will relocate to the new center. These include primary care providers from Rome Medical Group and Delta Medical, as well as many of the specialists from Rome Medical Practice.
Rebranding
The organization says the name Rome Health is meant to “more accurately reflect the breadth of services provided by the health-care system to enhance the health and well-being of the local community,” Murphy said in a Feb. 12 release.
The new name also “ushers in a new era” for Rome Health as the system prepares to welcome many new primary-care providers and physician specialists, including two new general surgeons and a cardiologist; introduce new service lines, such as bariatric surgery; and break ground on the new physician center.
“…We’ve become a comprehensive health-care system that connects people to the best clinicians and the latest technologies so they are easily accessible to our community,” Murphy said. “We’re more than a hospital. From primary care to long-term care, we deliver the care people need here in Rome, including the latest advancements in spinal surgery and hereditary risk screening.”
Murphy went on to say that Rome Health has also forged relationships with “highly-ranked experts,” such as St. Joseph’s Health’s cardiologists, to coordinate patient care.
The new Rome Health name will begin to appear “over time” at its many off-site physician practices and outpatient centers. They include primary-care offices, such as Rome Medical Group; Boonville Family Care; Camden Family Care; and Delta Medical. They also include specialty-care locations such as Rome Medical Practice neurology; pulmonology and sleep medicine; surgical services; orthopedics and sports medicine; general surgery; and All About Women obstetrics/gynecology.
Its outpatient services — such as community recovery center; prenatal care; Regional Center for Wound Care, and Chestnut Commons therapy, lab, and X-ray — will also operate under the new name, Rome Health said.
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