Mohawk Valley region

Tom Clark Transitions to New Role of Chairman Emeritus of Adirondack Bank

Retrieved on: 
Thursday, December 7, 2023
Marketing, Bank, Vice, Growth, Mohawk Valley region, Pleasure, Management

Utica, NY, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Adirondack Bank (“Adirondack”) announced the transition of its Chairman, H.T.

Key Points: 
  • Utica, NY, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Adirondack Bank (“Adirondack”) announced the transition of its Chairman, H.T.
  • “Tom” Clark, Jr., to Chairman Emeritus effective January 1, 2024.
  • Clark will remain a director on the Bank’s board and act as a consultant to the Bank while his son, Robert Clark, Vice Chairman of Adirondack Bank, will become Executive Chairman of the Board.
  • Adirondack was formed in 1990 when Tom Clark purchased and rebranded the Saranac Lake Savings and Loan Association.

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.

Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2024

Retrieved on: 
Monday, October 30, 2023
Technology, Hardware, Semiconductor, WOLF, NYSE, GAAP, Internet, Growth, Lowe, Calendar, Silicon, Airline, Renting, Bank, Wolfspeed, Mohawk Valley region

Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.

Key Points: 
  • Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.
  • "We kicked off our fiscal year with a strong quarter in both execution and market share.
  • For its second quarter of fiscal 2024, Wolfspeed targets revenue from continuing operations in a range of $192 million to $222 million.
  • Wolfspeed incurred $8.4 million of factory start-up costs and $34.4 million of underutilization costs in the first quarter of fiscal 2024.

Cayuga Centers Receives Utica Comets Tickets From the Save of the Day Foundation

Retrieved on: 
Tuesday, December 20, 2022
Utica Comets, Save, Organization, Arbor Day Foundation, Airline, Entertainment, Mohawk Valley region

UTICA, N.Y., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Cayuga Centers , a non-profit human services agency, received 50 tickets to a Utica Comets hockey game on Wednesday, December 14, from the Comets’ Save of the Day Foundation .

Key Points: 
  • UTICA, N.Y., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Cayuga Centers , a non-profit human services agency, received 50 tickets to a Utica Comets hockey game on Wednesday, December 14, from the Comets’ Save of the Day Foundation .
  • The donated tickets were distributed to Cayuga Centers Utica-area families to enjoy.
  • “On behalf of Cayuga Centers’ Utica office and the families that received tickets, we are incredibly thankful for the Utica Comets’ Save of the Day Foundation’s donation,” said Sarah Crever, Director of Utica Treatment Family Foster Care.
  • Cayuga Centers was one of several organizations that was provided free tickets for the game, a result of Cayuga Centers longstanding relationship and partnerships with the Utica Comets.

Micron Announces Historic Investment of up to $100 Billion to Build Megafab in Central New York

Retrieved on: 
Tuesday, October 4, 2022
CHIPS, Congress, History, Senate, Hudson Valley, Greenhouse, Mohawk Valley region, Goal, Leadership in Energy and Environmental Design, Micron Technology, Partnership, Country, NASDAQ, LEED, NOR, Leadership, DEI, Empire State, Â, Green, Time, McMahon, D, Intelligence, Memory, Engineering, United States Green Chamber of Commerce, Erie Canal, Fund, Electricity, GHG, Administration, DRAM, GLOBE, Solution, Town, Workforce, Heart, Water, Technology, Industry, Legislation, Life, Biophysical environment, Map, Micrometre, Housing, NAND, Investment, Organization, Renewable energy, County, Science, Upstate New York, Central New York

The new megafab will increase domestic supply of leading-edge memory and create nearly 50,000 New York jobs, including approximately 9,000 high paying Micron jobs.

Key Points: 
  • The new megafab will increase domestic supply of leading-edge memory and create nearly 50,000 New York jobs, including approximately 9,000 high paying Micron jobs.
  • Microns investment in Onondaga County, New York, will complement the companys previously announced high-volume manufacturing fab in Boise, Idaho.
  • Micron will leverage the diverse, highly educated and skilled talent in New York as we look to build our workforce in the Empire State, said Micron President and CEO Sanjay Mehrotra.
  • Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

Wolfspeed Opens the World’s Largest 200mm Silicon Carbide Fab Enabling Highly Anticipated Device Production

Retrieved on: 
Monday, April 25, 2022
Semiconductor, Automotive, Environment, Technology, Alternative Energy, Energy, Alternative Vehicles, Fuels, EPA, CEO, SUNY, Mathematics, Government, Adoption, Federal, STEM, EV, LLC, U.S. Securities and Exchange Commission, Security (finance), Global Operations, Research, State, Lucid Motors, Science, Â, Local, Engineering, Lucid, Form 10-K, Electronics, Mohawk Valley Community College, Gallium nitride, Technology, Heart, Student, RF, NYSE, History, SUNY Polytechnic Institute, Partnership, Industry, Risk, Senior, New, Ceramic, Renewable energy, Mohawk Valley region, Wolfspeed, Silicon carbide, Product, Silicon

The 200mm wafer fab will help lead the industry-wide transition from silicon to Silicon Carbide-based semiconductors.

Key Points: 
  • The 200mm wafer fab will help lead the industry-wide transition from silicon to Silicon Carbide-based semiconductors.
  • Wolfspeed recently announced a multi-year agreement with Lucid to supply Silicon Carbide devices.
  • The automated Mohawk Valley facility is the worlds first and largest 200mm Silicon Carbide fab providing uncompromised wafer quality and higher yield.
  • Twenty-seven months ago, Wolfspeed, State and Local partners announced plans by Wolfspeed to build the worlds largest 200 mm state-of-the-art Silicon Carbide semiconductor facility here in the Mohawk Valley.