Upstate New York

Community Bank System, Inc. Announces Quarterly Common Stock Dividend and Results of Annual Shareholders’ Meeting

Retrieved on: 
Wednesday, May 17, 2023
Banking, Professional Services, Finance, Insurance, LLP, Shareholder, Housing, Legislation, Upstate New York, Community Bank, N.A., Indian Administrative Service, PwC, Federal Reserve Board of Governors, Community Bank, CBU, Security (finance), NYSE, Holding company

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.44 per share on its common stock.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.44 per share on its common stock.
  • The $0.44 cash dividend represents an annualized yield of 3.85% based on the closing share price of $45.69 on May 16, 2023.
  • Community Bank System, Inc. operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A.
  • Community Bank System, Inc. is listed on the New York Stock Exchange and the Company’s stock trades under the symbol CBU.

Ferraro Foods Announces Major Expansion of Long Island Distribution Business

Retrieved on: 
Monday, May 8, 2023
Supply Chain Management, Trucking, Retail, Restaurant, Bar, Logistics, Transport, Food, Beverage, Upstate New York, Wilshire Boulevard, Employment, Multimedia, Tourism

Ferraro Foods , one of the country’s largest specialty distributors of food and foodservice supplies to Italian restaurants and pizzerias, announced a major expansion of its Long Island distribution business with the addition of a 230,000-square-foot warehouse and distribution center located at 80 Wilshire Blvd in Edgewood, N.Y., positioning the company to greatly increase its share of the world’s largest, most concentrated local pizza market.

Key Points: 
  • Ferraro Foods , one of the country’s largest specialty distributors of food and foodservice supplies to Italian restaurants and pizzerias, announced a major expansion of its Long Island distribution business with the addition of a 230,000-square-foot warehouse and distribution center located at 80 Wilshire Blvd in Edgewood, N.Y., positioning the company to greatly increase its share of the world’s largest, most concentrated local pizza market.
  • View the full release here: https://www.businesswire.com/news/home/20230508005547/en/
    Ferraro Foods announced a major expansion of its Long Island distribution business with the addition of a 230,000-square-foot warehouse and distribution center located at 80 Wilshire Blvd in Edgewood, N.Y., positioning the company to greatly increase its share of the world’s largest, most concentrated local pizza market.
  • The long-term lease establishes Ferraro as an anchor tenant with property owner Heartland Business Center and reaffirms Ferraro’s economic and employment commitment to Long Island.
  • “Long Island is a crucial market for Ferraro and our growth plans, representing thousands of current and potential customers,” said Dan Hill, CEO, Ferraro Foods.

DR. RONALD L. KIRSHNER APPOINTED CHAIR & MEDICAL DIRECTOR OF THE AUBURN HEART INSTITUTE (AHI)

Retrieved on: 
Monday, May 1, 2023
Constellation, Workforce, University, Rochester, Auburn Community Hospital, Primary care, ACH, Multimedia, Emergency department, Drug, Cardiothoracic surgery, National Association Medical Staff Services, Medical director, Patient, University of Rochester Medical Center, The Hospital, Trustee, Admission, AHI, Tertiary referral hospital, Hospital, Intensive care medicine, Rochester General Hospital, Laboratory, Medical device, Thorax, Upstate New York, Heart

AUBURN, N.Y., May 1, 2023 /PRNewswire/ -- Auburn Community Hospital (ACH) announced today that Dr. Ronald L. Kirshner has been appointed Chair and Medical Director of the new Auburn Heart Institute (AHI).

Key Points: 
  • AUBURN, N.Y., May 1, 2023 /PRNewswire/ -- Auburn Community Hospital (ACH) announced today that Dr. Ronald L. Kirshner has been appointed Chair and Medical Director of the new Auburn Heart Institute (AHI).
  • Dr. Kirshner is a renowned cardiothoracic surgeon who comes to the Auburn Heart Institute from Rochester Regional Health   Sands-Constellation Heart Institute where he served as the Chief of Cardiac Services and Cardiothoracic (heart) Surgery for over 30 years.
  • Dr. Kirshner is a graduate of Temple University Medical School and completed his internship and residency at the University of Rochester Medical Center.
  • Our goal is to make the Auburn Heart Institute a health care destination for cardiac care in Upstate New York.

DELAWARE RIVER SOLAR FOUNDERS LAUNCH MEADOW, SPLITTING CONSUMER-FACING AND PROJECT DEVELOPMENT OPERATIONS

Retrieved on: 
Monday, May 1, 2023
Upstate New York, Multimedia, Carbon, Acquisition, Growth, DRS, Upstate, Public utility, Renewable energy, Management, Green, Meadow

The founders of New York's leading community solar firm launch Meadow amidst a period of dramatic industry growth.

Key Points: 
  • The founders of New York's leading community solar firm launch Meadow amidst a period of dramatic industry growth.
  • Meadow, the new consumer-facing entity formerly known as Delaware River Solar (DRS), retains its current Upstate New York base with no change to operations or staff.
  • This as the company sharpens its focus on championing the renewable energy consumer with a gold-standard customer experience and easy access to community solar.
  • The entity known as DRS retains its function in the development, finance, and construction of community solar farms, a business in which it has extensive experience.

Governor Hochul and Micron Announce Members of Community Engagement Committee to Advise on Nation-Leading Semiconductor Project

Retrieved on: 
Friday, April 28, 2023
CHIPS, Small business, Housing, Upstate New York, CNY, Committee, Investment, STEM, Management, Staff, Transport, Development, Community management, Science, General counsel, Integration, National Grid, Map, Growth, Division of Program Coordination, Planning, and Strategic Initiatives, GO, State, Syracuse City School District, Record, Empire State Development Corporation, CHIPS and Science Act, New Yorker, State University of New York at Oswego, Workforce, Senate, Education, Onondaga people, Green, Student, City, ESD, Central New York Regional Transportation Authority, Renewable energy, Creative industries, Central New York, Micrometre

SYRACUSE, N.Y., April 28, 2023 (GLOBE NEWSWIRE) -- Governor Kathy Hochul and Micron Technology, Inc. today announced the members of the Micron Community Engagement Committee, including representatives from Central New York and Micron that will support the company’s community investment strategy. The Committee is made up of local stakeholders to ensure meaningful, ground-up participation and discussion of Micron’s implementation and impacts to the larger region and will also include five ex-officio members. The formation of this group is a critical component of the Community Investment Framework agreement made between New York State and Micron in October 2022.

Key Points: 
  • “I am also thrilled that Melanie Littlejohn and Tim Penix will lead the Green CHIPS Community Engagement Committee.
  • Micron Community Engagement Committee Co-Chair Melanie Littlejohn said, “It’s an honor to have been selected by Governor Hochul to represent Central New Yorkers on the Micron Community Engagement Committee.
  • The formation of the Micron Community Engagement Committee is a powerful step towards ensuring that the community's needs are heard and met.
  • Syracuse Mayor Ben Walsh said, “The Micron Community Engagement Committee is another example of New York State and Syracuse leading the way.

Washington Trust Appoints Rolando Lora to Head Retail Lending Division

Retrieved on: 
Wednesday, April 26, 2023
Washington Trust Bank, Wells Fargo, JPMorgan Chase, Bryant University, Upstate New York, Pan-Mass Challenge, Bank of New England, Harvard University, Friends, Growth, Washington Trust Building, Rolando, Bank, National Association, Management

WESTERLY, R.I., April 26, 2023 /PRNewswire/ -- The Washington Trust Company today announced Rolando Lora has been appointed Executive Vice President and Chief Retail Lending Officer.

Key Points: 
  • WESTERLY, R.I., April 26, 2023 /PRNewswire/ -- The Washington Trust Company today announced Rolando Lora has been appointed Executive Vice President and Chief Retail Lending Officer.
  • "We're excited to have Rolando join our executive team and lead our retail lending division's continued strategic market share growth and expansion," stated Edward O.
  • resident, joins Washington Trust from Wells Fargo's home lending division, where he most recently served as Mortgage Retail Sales Senior Manager for the New England, Upstate New York, and New Jersey region.
  • During his tenure at Wells Fargo, Lora successfully led the retail lending division's regional growth, oversaw key strategic initiatives, and was instrumental in relationship and team-building programs.

Genesee Brewery's Tropical Pineapple Kolsch Returns, Mixing it Up as Ruby Red Kolsch's Perfect Combination Companion.

Retrieved on: 
Tuesday, April 25, 2023
Unify, Brew House Association, Upstate New York, IRI, FMB, Housing association, Kölsch, Glass, Beer, Upstate

With its tropical pineapple flavor, this bright golden ale has quickly become the perfect companion to Genesee's modern classic, Ruby Red Kolsch.

Key Points: 
  • With its tropical pineapple flavor, this bright golden ale has quickly become the perfect companion to Genesee's modern classic, Ruby Red Kolsch.
  • "When we launched Tropical Pineapple Kolsch, we worried that it would cannibalize sales of Ruby Red Kolsch.
  • "Fans purchased Tropical Pineapple Kolsch right alongside Ruby Red Kolsch, leading to the creation of a brand-new beer dubbed the "Captain's Mix."
  • After the launch of Tropical Pineapple Kolsch, Genesee fans started combining Tropical Pineapple and Ruby Red Kolsch to create what Genesee now calls the "Captain's Mix."

Wáhta' Maple Farm Commemorative First-Edition Maple Syrup Produced on Oneida Indian Nation Lands Is Now Available for Sale

Retrieved on: 
Tuesday, April 25, 2023
Bascom Maple Farms, General store, Oneida people, The Cove, Maple, Culture, Commitment, Upstate New York, Tree, Oneida Indian Nation, Creator, Generator, Sale, Turning Stone Resort Casino, Seventh generation, Savon, Weather, Maple syrup

ONEIDA INDIAN NATION HOMELANDS, April 25, 2023 /PRNewswire-PRWeb/ -- The Oneida Indian Nation today announced that the first batch of premium-grade amber maple syrup produced by Wáhta' Maple Farm is now available for purchase. This commemorative first-edition syrup allows the Oneida Indian Nation to share the rich heritage of maple sap and syrup in Haudenosaunee (Iroquois) culture with its guests and the community and continues its commitment to sustainability across its business enterprises. Starting today, Wáhta' Maple Farm syrup will be available for purchase at Maple Leaf Market and SavOn convenience stores, Turning Stone Resort Casino's General Store and Oneida Heritage, YBR Casino & Sports Book, Point Place Casino, Sylvan Beach Supply Co. at The Cove at Sylvan Beach and the Oneida Indian Nation's Shako:wi Cultural Center.

Key Points: 
  • After a successful first sugaring season for Wáhta' Maple Farm, the Oneida Indian Nation has announced that its sustainably produced maple syrup is now available for sale.
  • ONEIDA INDIAN NATION HOMELANDS, April 25, 2023 /PRNewswire-PRWeb/ -- The Oneida Indian Nation today announced that the first batch of premium-grade amber maple syrup produced by Wáhta' Maple Farm is now available for purchase.
  • "Maple syrup holds a special significance in Haudenosaunee culture, one that our people have honored since time immemorial," said Ray Halbritter, Oneida Indian Nation Representative and Oneida Nation Enterprises CEO.
  • All maple syrup produced by Wáhta' Maple Farm is created by using sustainable sugaring practices that reflect the Oneida Indian Nation's commitment to environmental stewardship.

Bestpass Receives Prestigious Torch Award for Ethics by BBB of Upstate New York

Retrieved on: 
Thursday, April 13, 2023
Upstate New York, Ethics, Better Business Bureau, BBB

The BBB Torch Award for Ethics is an annual award program that honors companies that demonstrate an outstanding commitment to integrity and ethical practices.

Key Points: 
  • The BBB Torch Award for Ethics is an annual award program that honors companies that demonstrate an outstanding commitment to integrity and ethical practices.
  • Bestpass, headquartered in Albany, New York, was the recipient of the award in the Large Business category.
  • "At Bestpass, we believe that a vibrant company culture built on ethics is the strongest foundation for success," said Tom Fogarty, Bestpass CEO.
  • To be recognized by the Better Business Bureau of Upstate New York with this award is truly an honor.

Genie Energy Acquires Rights to New 6.25 Megawatt Community Solar Site in Upstate New York

Retrieved on: 
Monday, March 27, 2023
Jinn, Downstate New York, Result, GNE, Risk, Upstate New York, Financial condition report, Conversation, Negotiation, Carbon, Judgement, Genie Energy, Analysis, NYSE, Economics, Renewable energy

NEWARK, N.J., March 27, 2023 /PRNewswire/ -- Genie Renewables ("GREW"), a division of Genie Energy Ltd., (NYSE: GNE, GNEPRA), ("Genie") a leading supplier of energy services, today announced that it has acquired site rights to a community solar generation site in Upstate New York. Once built out and brought online, the proposed project is expected to have an aggregate generating capacity of approximately 6.25 megawatts (MW). 

Key Points: 
  • NEWARK, N.J., March 27, 2023 /PRNewswire/ -- Genie Renewables ("GREW"), a division of Genie Energy Ltd., (NYSE: GNE, GNEPRA), ("Genie") a leading supplier of energy services, today announced that it has acquired site rights to a community solar generation site in Upstate New York.
  • Once built out and brought online, the proposed project is expected to have an aggregate generating capacity of approximately 6.25 megawatts (MW).
  • "Community solar and other utility-scale solar generation are essential to meaningful reductions in carbon emissions," said Michael Stein, chief executive officer of Genie Energy.
  • Genie Renewables also announced that it received a favorable CESIR (Coordinated Electric System Interconnection Review) and estimate of interconnection cost from Con-Ed for its 3 MW proposed community solar project in Downstate New York.