Daily business news in the Great State of New York!
SUNY Delhi has announced the grand reopening of Farnsworth Hall after more than two years and $37.9 million in renovations. SUNY Chancellor John B. King, Jr., Assemblyman Chris Tague, and members of the SUNY Construction Fund were among distinguished guests joining the campus community to mark the occasion with a ribbon-cutting ceremony on Farnsworth, September […]
NORWICH, NY and WILLIAMSVILLE, NY — NBT Bancorp Inc. has agreed to buy Evans Bancorp, Inc. for about $236 million in stock. This merger will bring together two highly respected banking companies and extend NBT’s growing footprint into Western New York. “We are enthusiastic about this opportunity to partner with Evans and are confident it […]
SYRACUSE – Barnes & Noble has arrived at Syracuse’s Destiny USA mall. The new Barnes & Noble is located in the Destiny USA shopping center (9868 Destiny USA Drive, Syracuse, NY 13204) in the space formerly occupied by Banana Republic near Forever 21, Macy’s and Dick’s Sporting Goods. The new Barnes & Noble features a […]
The New York State Thruway Authority has reopened the new Ramapo Service Area (I-87 southbound, mile marker 33) in Sloatsburg, NY, marking the completion of two-thirds of the $450 million private investment to redevelop and modernize all 27 Thruway service areas. The Ramapo Service Area is the 18th new service area to open to Thruway […]
DUNKIRK, NY — Wells Enterprises has shared plans for the expansion of its Dunkirk, NY manufacturing facility southwest of Buffalo. The expansion underscores the company’s commitment to long-term growth and leadership in the ice cream business. The project was slated for a $250 million investment, but the company has increased this amount to $425 million and […]
GLENS FALLS, NY — Arrow Financial Corporation has decided to combine its banking subsidiaries, Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company, into one entity to be renamed Arrow Bank National Association (“Arrow Bank”). The announcement follows regulatory approval by the Office of the Comptroller of the Currency.Bank “Our […]
Splash Car Wash, headquartered in Milford, CT, has opened its 41st New York location, an express wash located in the Syracuse suburb of Clay. This marks Splash’s third greenfield site opened this year and seventh in the last twelve months. Splash now has over 70 car washes open or under development in NY, CT, VT and MA […]
NEW BERLIN, NY — Chobani, a food and beverage company known for its high-quality Greek Yogurt, has launched its first-ever shelf-stable low-fat dairy milk, Chobani Super Milk. This latest product innovation is nutrient rich and is made specifically to be donated to support people impacted by disasters as well as at food pantries and shelters […]
ROCHESTER – Constellation Brands, a leading maker of alcoholic beverages, has officially moved to its new global headquarters at the historic Aqueduct Building campus located at 50 East Broad Street in downtown Rochester, NY. To mark the occasion, the company welcomed state and local elected officials to the space for a grand opening press event and […]
LATHAM – Community Care Physicians PLLC (CCP) and CDPHP have officially opened the doors to their 263,000 square foot, state-of-the-art medical arts complex, aptly named Wellness Way. The new facility is also the new headquarters for CCP and CDPHP and is located in Latham, a suburb of Albany. Wellness Way is a symbol of the […]
WHITE PLAINS — The New York Power Authority (NYPA) has expanded upstate fast-charging options in advance of the busy summer travel season, making it easier and more convenient to drive an electric vehicle (EV) on the Northway (I-87) in the Adirondack Park and in the Capital Region. The additional locations extend New York State’s largest […]
Unither Pharmaceuticals, a French-based pharmaceutical contract and development manufacturing company, plans to invest $106 million to consolidate, renovate, and update its facility in the Town of Henrietta, Monroe County as part of an effort to modernize its New York State operations. The significant investment will support a 43,000 square-foot expansion to accommodate new equipment, expand […]
Governor Kathy Hochul announced that Conifer Realty, LLC has been selected to transform the former Downstate Correctional Facility located in Fishkill, Dutchess County, into a vibrant, mixed-use development that would feature new housing and community space. The multi-phase project will create up to 200 construction jobs and up to 1,300 units of housing over ten […]
Governor Kathy Hochul and Netherlands Minister for Foreign Trade and Development Cooperation Liesje Schreinemacher announced a new partnership last week to strengthen innovation and collaboration in the semiconductor industry between the Netherlands and New York State during the royal visit by Their Majesties King Willem-Alexander and Queen Máxima of the Netherlands. The partnership, formalized in […]
Snack maker Frito-Lay is cutting 88 jobs at its manufacturing facility in Middletown, NY according to WARN notice filed with the New York State Department of Labor. Located at 79 Industrial Place in Middletown, NY 10940, the Frito-Lay facility has 305 employees total. The reason given for the layoff in the WARN notice was Economic. […]