Upstate New York

AM Best Revises Outlooks to Stable for Wayne Cooperative Insurance Company

Retrieved on: 
Tuesday, November 14, 2023
Professional Services, Data Analytics, Other Professional Services, Insurance, Finance, Consulting, ERM, Credit, Weather, AM Best, Wayne Cooper (artist), News, ALL, Risk management, Upstate New York

AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Wayne Cooperative Insurance Company (Wayne Cooperative) (Clyde, NY).

Key Points: 
  • AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Wayne Cooperative Insurance Company (Wayne Cooperative) (Clyde, NY).
  • The Credit Ratings (ratings) reflect Wayne Cooperative’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • The revision of the outlooks to stable reflects increased volatility in Wayne Cooperative’s operating performance in 2021 and 2022 and continuing through the third quarter of 2023.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

MetLife and MetLife Foundation Make a $30 Million Multi-Year Commitment to Support Upstate New York

Retrieved on: 
Tuesday, November 14, 2023
Philanthropy, Environmental, Social and Governance (ESG), Public Safety, People with Disabilities, Family, Consumer, White House, Federal Government, State, Local, Construction & Property, Public Policy, Other Communications, Fund Raising, Other Policy Issues, Foundation, Public Relations, Investor Relations, Advertising, Homeland Security, Communications, Elections, Campaigns, Congressional News, Views, Government, Socially Responsible Investing, Social Services, Social Activism, Teens, Food, Beverage, Content Marketing, Urban Planning, Retail, Other Professional Services, Insurance, Social Media, Finance, Other Philanthropy, Search Engine Optimization, Search Engine Marketing, Courts, Blogging, Law Enforcement, Emergency Services, Healthcare Reform, Professional Services, NYSE, Employment, Entrepreneurship, Investment, Community foundation, Public sector, MetLife, MET, Growth, LP, Mohawk Valley region, Central New York, Oneida County, New York, Pharmaceutical industry, Renewable energy, Health insurance, Tourism, Upstate New York, Utica

MetLife, Inc. (NYSE: MET) and MetLife Foundation today announced a $30 million multi-year commitment to support Upstate New York, which includes pledges of $5 million in funding and impact investments by the Foundation and $25 million in impact investments by MetLife.

Key Points: 
  • MetLife, Inc. (NYSE: MET) and MetLife Foundation today announced a $30 million multi-year commitment to support Upstate New York, which includes pledges of $5 million in funding and impact investments by the Foundation and $25 million in impact investments by MetLife.
  • As part of this commitment, MetLife Foundation has made an impact investment of $1 million to Launch NY to promote entrepreneurship.
  • “I’m committed to lifting up every community in New York and helping people grow and thrive,” Governor Kathy Hochul said.
  • With MetLife employees living and working in the Utica area, the commitment by MetLife and the Foundation will provide ongoing support to the community and residents.

4M Building Solutions Partners with LCS Facility Group

Retrieved on: 
Monday, November 13, 2023
Banking, Professional Services, Finance, 4M, LCS, Culture, Upstate New York, O2, Hygiene, Partnership, Growth, Philosophy

O2 Investment Partners ( www.o2investment.com ) is pleased to announce that through 4M Building Solutions (“4M”), it has made an investment in and partnered with Poughkeepsie, New York based LCS Facility Group (“LCS”) ( https://lcsfacilitygroup.com/ ) to grow its janitorial and cleaning services business in the upstate New York, Texas, and Northern California regions.

Key Points: 
  • O2 Investment Partners ( www.o2investment.com ) is pleased to announce that through 4M Building Solutions (“4M”), it has made an investment in and partnered with Poughkeepsie, New York based LCS Facility Group (“LCS”) ( https://lcsfacilitygroup.com/ ) to grow its janitorial and cleaning services business in the upstate New York, Texas, and Northern California regions.
  • LCS Facility Group, headquartered in Poughkeepsie, NY, is a provider of janitorial and facility maintenance services, with a footprint in three states; New York, Texas, and California.
  • “LCS shares a similar philosophy to 4M in our business strategy, focus on high quality service, and prioritization of values, culture, and the treatment of our team members” said Daniel Lepore, President at LCS Facility Group.
  • LCS is a tremendous fit with 4M and provides the platform with meaningful expansion into attractive geographies and end markets.”

GreenPower Announces First Order of Nano BEAST All-Electric School Buses for the New York Market

Retrieved on: 
Monday, December 4, 2023
Type, Green, NOx, Student, School, NYSERDA, School bus, Empire, Today, BEAST, Rail transport, Upstate New York

"Today marks the next phase of GreenPower's entry into the New York school bus market," said Michael Perez, GreenPower's Vice President of School Bus, Contracts and Grants.

Key Points: 
  • "Today marks the next phase of GreenPower's entry into the New York school bus market," said Michael Perez, GreenPower's Vice President of School Bus, Contracts and Grants.
  • Chatham Central School District, a quintessential rural community in Upstate New York, has placed the first order for a GreenPower Type A Nano BEAST.
  • Another Nano BEAST purpose-built school bus will serve as a demo vehicle that Leonard Bus Sales will use to introduce schools throughout the state to GreenPower's offerings of all-electric school buses.
  • New York accounts for about 10% of the school bus fleet nationwide with approximately 50,000 school buses transporting 2.3 million children.

REI Co-op to open in Albany, New York in fall 2024

Retrieved on: 
Thursday, November 16, 2023
REI, Weavers Way Co-op, Adventure, Capital region, Organization, The Co-operative Group, Camping, The, Investment, Snow, Running, Upstate New York, Health, Retirement, Cooperative, Mechanics, Black Friday, Travel, Sports equipment, Real estate, Pension fund

SEATTLE, Nov. 16, 2023 /PRNewswire/ -- Specialty outdoor retailer REI Co-op will open in Albany, New York in fall 2024. The store will offer a wide assortment of apparel, gear and expertise for camping, cycling, running, fitness, hiking, paddling, climbing, snow sports and more. In addition, certified mechanics will tune and repair equipment through a full-service bike, ski and snowboard shop. REI Albany will be the co-op's sixth store in the state, following a new location in Ithaca that will open next summer. 

Key Points: 
  • New store will be the sixth location in New York, following Ithaca opening next summer
    SEATTLE, Nov. 16, 2023 /PRNewswire/ -- Specialty outdoor retailer REI Co-op will open in Albany, New York in fall 2024.
  • REI Albany will be the co-op's sixth store in the state, following a new location in Ithaca that will open next summer.
  • "We've long recognized the opportunity to serve REI members and the broader outdoor community in the Capital Region," said Sonny Russell, REI regional director.
  • As a community-supported nonprofit, the REI Fund is fueled by donations from REI members, customers, employees, foundations and corporate partners – including REI Co-op.

National Humanities Center Announces Sites for Inaugural "Being Human" Festival

Retrieved on: 
Thursday, November 16, 2023
NHC, National Humanities Center, Agriculture, Violence, STEM, St. Louis, Plant, Dammon Round Barn, Research, Art, Southern United States, Food, Upstate New York, Music, Gun violence, Student, History, Blue whale, Riverside, Humanities, Princeton University, Horticulture, Trustee, University, Trauma, Partnership, RESEARCH, Education, Travel, Tourism, Entertainment, Carolinas, Mesa

RESEARCH TRIANGLE PARK, N.C., Nov. 16, 2023 /PRNewswire/ -- A zine fest in upstate New York. A pop-up museum with puppets in Minneapolis. A writer's workshop on wheels in Oklahoma. These are just a few of the events to be featured next April as part of the National Humanities Center's first annual "Being Human" festival.

Key Points: 
  • These are just a few of the events to be featured next April as part of the National Humanities Center's first annual "Being Human" festival.
  • Inspired by and undertaken in partnership with the United Kingdom's Being Human festival , which originated in 2014, the inaugural US version will include events in nine locations across the country.
  • Events in this year's "Being Human" Festival (US) were selected from a wide variety of proposals submitted to the National Humanities Center.
  • "We are excited to be working with partners across the US to stage what we hope will be an annual celebration of the humanities," said Robert D. Newman, president and director of the National Humanities Center.

TAKE THE STRESS OUT OF AT-HOME HOLIDAY ENTERTAINING!

Retrieved on: 
Thursday, November 16, 2023
The New York Times, Drink, Blender (software), Good Morning America, The Food Chopper War, Collection, Food, Upstate New York, Home appliance, Active ingredient, KitchenAid, Baking

BENTON HARBOR, Mich., Nov. 16, 2023 /PRNewswire/ --

Key Points: 
  • Whether you're hosting two or 10, everyone could always use a little more help in the kitchen.
  • This holiday season, KitchenAid is here to remind makers that the brand is your aid in the kitchen with their new KitchenAid Go Cordless System.
  • All six cordless small appliances in the collection are powered by one interchangeable, removable battery, allowing makers to create wherever, whatever and however they choose this holiday season.
  • Plan Ahead: saving tasks for the last minute can be a major cause of stress.

Verizon invests $100K to support Small Business Digital Inclusion in New York State

Retrieved on: 
Thursday, November 9, 2023
Knowledge, Digital inclusion, Small business, NYSE, Commerce, Upstate New York, Chamber of commerce, Growth, Partnership, UU, Digital divide, VZ, RSS, Public policy, Cable television, Verizon Communications

“At Verizon, we believe that small businesses are essential for fostering economic growth, community cohesion and cultural pride,” said Tony Lewis, Vice President of Public Policy for Verizon.

Key Points: 
  • “At Verizon, we believe that small businesses are essential for fostering economic growth, community cohesion and cultural pride,” said Tony Lewis, Vice President of Public Policy for Verizon.
  • “Through our Citizen Verizon responsible business plan, we have a goal of supporting 1 million small businesses with the resources they need to thrive in the digital economy.
  • Through its free platform Small Business Digital Ready (SBDR), Verizon fosters inclusive growth across the country including reaching over 56,000 business owners in 2023.
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $136.8 billion in 2022.

SelectFI Hires Two Senior Sales Consultants, Lender Relations Manager, and Sales Development Manager to Accelerate Growth

Retrieved on: 
Tuesday, November 7, 2023
Knowledge, Fabio Vullo, Greater New York, Star Bank, Capital One, Consultant, Citizens Financial Group, Central New York, Software, Growth, Wells Fargo, 43 North, Algorithm, Software as a service, Financial services, Upstate New York

BUFFALO, N.Y., Nov. 7, 2023 /PRNewswire-PRWeb/ -- SelectFI, a Buffalo based startup developer of software for auto dealerships, announced the recent hire of several key employees in Sales, Sales Development, and Lender Selector to accelerate the growth of the company. Brandi Bagley and Angela Kane have joined the company as Senior Sales Consultants, Steve Miles became the company's Lender Relations Manager, and Jamie Raymond has become the company's Sales Development Manager. On the heels of closing SelectFI's pre-seed fundraising, these hires position the company to grow and meet its revenue goals.

Key Points: 
  • SelectFI hires four sales team members to propel growth after pre-seed fundraising, including Jamie Raymond, formerly of ACV Auctions.
  • BUFFALO, N.Y., Nov. 7, 2023 /PRNewswire-PRWeb/ -- SelectFI , a Buffalo based startup developer of software for auto dealerships, announced the recent hire of several key employees in Sales, Sales Development, and Lender Selector to accelerate the growth of the company.
  • Brandi Bagley and Angela Kane have joined the company as Senior Sales Consultants, Steve Miles became the company's Lender Relations Manager, and Jamie Raymond has become the company's Sales Development Manager.
  • On the heels of closing SelectFI's pre-seed fundraising, these hires position the company to grow and meet its revenue goals.

TTM Technologies, Inc. announces the State of New York as the Selected Location for a Proposed New Facility in Syracuse to Produce Ultra-HDI PCBs in Support of National Security Requirements

Retrieved on: 
Wednesday, November 1, 2023
CHIPS, Majority leader, Upstate New York, Heart, History, Workforce, Polychlorinated biphenyl, Research, Central New York Regional Transportation Authority, Engineering, BRS, McMahon, Growth, Ecosystem, Partnership, Town, Electronics, PCB, Woman, TTM, Defense, Vision, Renewable energy, Cryptocurrency, Upstate, Central New York, NYS

Central New York is well recognized for its highly skilled workforce, educational institutions, and a strong base of aerospace & defense companies, all elements contributing to TTM’s selection.

Key Points: 
  • Central New York is well recognized for its highly skilled workforce, educational institutions, and a strong base of aerospace & defense companies, all elements contributing to TTM’s selection.
  • The project reflects our support for cultivating an even stronger microelectronics ecosystem in New York and across the US Aerospace & Defense industrial base.
  • It is expected that the proposed facility will bring disruptive capability for the domestic production of ultra-HDI (high density interconnect) PCBs in support of national security requirements.
  • This investment is also a successful example of reshoring critical national security supply chain elements right here in Central New York.