Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Rejuvn8 Aesthetics formally opens in New Hartford
NEW HARTFORD, N.Y.— Rejuvn8 Aesthetics, a provider of beauty and wellness treatments, has formally opened a second location in New Hartford. The New Hartford Chamber
Mercy House of Southern Tier awarded $100,000 grant
ENDICOTT, N.Y. — Mercy House of the Southern Tier will use a $100,000 grant for an admissions navigator. New York City–based Mother Cabrini Health Foundation
Crews finish work on $4.3 million housing development for the homeless
BINGHAMTON, N.Y. — Crews have completed work on Housing Connections in Binghamton, a $4.3 million project that will provide 19 units of supportive housing to
SYRACUSE, N.Y. — Le Moyne College, the City of Syracuse and the Town of DeWitt have launched a survey to gather feedback on issues related
Recap of Greater Oswego-Fulton Chamber of Commerce virtual annual meeting
OSWEGO COUNTY, N.Y. — It was an event that included award presentations, a discussion between the mayors of Oswego and Fulton, remarks from New York
OPINION: Cuomo Administration’s Interference With Nursing-Home Data Shows Proactive Malfeasance
The more information that comes out regarding the true nature of Gov. Andrew Cuomo’s pandemic response, the more obvious it is that he has always
Community Bank System to pay Q1 dividend of 42 cents in April
DeWITT— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock. The dividend will be payable on April 9 to shareholders of record as of March 15. The dividend is the same amount that Community Bank paid each of the
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DeWITT— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock.
The dividend will be payable on April 9 to shareholders of record as of March 15. The dividend is the same amount that Community Bank paid each of the last two quarters, after it increased the payment from the previous dividend of 41 cents a share.
The new dividend of 42 cents represents an annualized yield of about 2.3 percent, based on Community Bank’s current stock price.
DeWitt–based Community Bank System operates more than 230 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of more than $13.9 billion, the banking company is among the nation’s 125 biggest financial institutions. The company also provides financial planning, insurance, and wealth-management services through its Community Bank Wealth Management Group and OneGroup NY, Inc. operating units.
NYS County Highway Superintendents Association selects new president
ALBANY, N.Y. — The New York State County Highway Superintendents Association (NYSCHSA) recently announced it had selected that Joe Wisinski as the association’s new president. Wisinski is the highway superintendent for Madison County. Wisinski will work closely with the organization’s membership to advocate for adequate funding for essential local road and bridge projects, NYSCHSA said
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ALBANY, N.Y. — The New York State County Highway Superintendents Association (NYSCHSA) recently announced it had selected that Joe Wisinski as the association’s new president. Wisinski is the highway superintendent for Madison County.
Wisinski will work closely with the organization’s membership to advocate for adequate funding for essential local road and bridge projects, NYSCHSA said in a release.
Specifically, NYSCHSA is seeking funding for the following initiatives: a
$438 million restoration to the CHIPS program, a $100 million increase to the Extreme Winter Recovery program, a $100 million restoration to the local BRIDGE-NY program, and a $100 million restoration to the local PAVE-NY program.
Todd Gadd, highway superintendent for Wyoming County, had served as NYSCHSA president in 2020.
Wisinski was appointed Madison County highway superintendent in 2007 and holds a bachelor’s degree in civil engineering from SUNY Polytechnic Institute. Prior to becoming a superintendent, he was a county engineering technician and also worked in the private sector as a bridge-inspection engineer.
NYSCHSA is a nonprofit organization with county superintendents, public-works commissioners, and affiliate members comprising its membership.
ConMed to pay first-quarter dividend of 20 cents a share in early April
UTICA, N.Y.— ConMed Corp. (NYSE: CNMD), a Utica–based surgical-device maker, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the first quarter. The dividend is payable on April 5 to all shareholders of record as of March 15. ConMed manufactures surgical devices and equipment for
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UTICA, N.Y.— ConMed Corp. (NYSE: CNMD), a Utica–based surgical-device maker, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the first quarter.
The dividend is payable on April 5 to all shareholders of record as of March 15.
ConMed manufactures surgical devices and equipment for minimally invasive procedures. The firm’s products are used by surgeons and physicians in specialties that include orthopedics, general surgery, gynecology, neurosurgery, thoracic surgery, and gastroenterology.
ConMed reported net sales of $862.5 million in 2020, down 9.7 percent from $955 million in 2019. The company said on Jan. 27 that it expects full-year 2021 revenue between $975 million and $1.02 billion.
Lockheed Martin’s Salina plant wins nearly $47 million Navy order for submarine kits
SALI NA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) suburban Syracuse plant has been awarded an almost $47 million order toward a previously awarded contract for the procurement of submarine-modernization kits, equipment, and installation. This delivery order includes options that, if exercised, would bring the total value to more than $174 million, according to a
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SALI NA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) suburban Syracuse plant has been awarded an almost $47 million order toward a previously awarded contract for the procurement of submarine-modernization kits, equipment, and installation.
This delivery order includes options that, if exercised, would bring the total value to more than $174 million, according to a Feb. 26 Defense Department contract announcement.
Work will be performed in Lockheed’s facility in the town of Salina and is expected to be completed by July 2024. If all options are exercised, work will continue through August 2025.
Fiscal 2021 other procurement (Navy) funding in the amount of $46,988,174 will be obligated at the time of award and will not expire at the end of the current fiscal year, per the announcement. The Naval Sea Systems Command in Washington, D.C., is the contracting authority on this order.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.