Business news

City of Syracuse Facebook page

The U.S. Small Business Administration in Syracuse offers a free program to help local business owners grow their companies. The SBA wants 15-20 new participants for the program this year.

The production facility for Recess Coffee in Syracuse is where all the roasting, baking, cold brew and administrative needs take place. Co-owner Jesse Daino said participating in the Emerging Leaders program helped them buy the facility.

Payne Horning / WRVO News

The Trump administration's proposed aluminum tariff could have a major impact on a couple of central and northern New York's largest employers.

Payne Horning / WRVO News

The public and private groups behind a new hospital in downtown Utica are offering additional assistance to the property owners who are located within the proposed footprint of the project. It comes amid criticism and confusion about what will happen to the affected properties.

Tom Magnarelli / WRVO News File Photo

The Syracuse job market has been mixed recently, with some companies adding and others eliminating jobs in the area. While the national economy is booming, some experts say the outlook is not as good for upstate.

Tom Magnarelli / WRVO News

The annual "Come Home to Syracuse" event connects people who are home for the holidays with job opportunities in Syracuse. 40 below, the organization that puts on the event, is also expanding with more opportunities in 2018.

Joseph Quinn, 23, graduated from SUNY Oswego last year with a business administration degree. He has been working part-time, living at home with his parents in Cicero. His dad encouraged him to check out the "Come Home to Syracuse" event where he could network with employers in the area.

SUNY Polytechnic Institute

NexGen, a Silicon Valley start up, will get an extra $15 million from New York as it replaces SORAA, the company that will inhabit a $90-million facility built by the state in DeWitt.

NexGen deals in semiconductors and power electronics according to Randy Wolken, incoming co-chair of the Central New York Regional Economic Development Council.

Payne Horning / WRVO News File Photo

The Mohawk Valley won a top award at New York's annual regional economic development council ceremony last week, which comes with  $85.5 million.

Payne Horning / WRVO News

The Mohawk Valley Health System (MVHS) sent out letters to the owners of the 45 properties located within the proposed footprint for its new hospital in downtown Utica. It's one of the most contentious aspects of the project since the properties include historical buildings and existing businesses.

Several people who attended a public forum for the new hospital last week expressed their frustration over the matter to MVHS officials present, including Pastor Chris Tringali, who says it will cause his nondenominational church on Columbia Street to close.

Tom Magnarelli / WRVO News

The New York State Department of Transportation has selected an active rail yard in the town of DeWitt as the location for a central New York inland port. This comes after years of waiting for a decision on a few different sites.

Gino Geruntino / WRVO File Photo

The director of the Port of Oswego Authority resigned this week. The move comes as New York state's inspector general is investigating the port.

With no explanation given, the Port of Oswego's board of directors said in a statement Tuesday that it had accepted the resignation of Zelko Kirincich. Kirincich, who has served as executive director at the port since 2014, is leaving his position as the New York State Inspector General continues an investigation into the port.

Payne Horning / WRVO News (file photo)

At the Novelis Aluminum plant in Oswego County, metal is processed for automotive companies like Ford, Toyota and General Motors. Novelis uses a lot of recycled metal, but most of its primary aluminum comes from Canada. 


Utica architect Bob Heins has been working to bring Artspace to his city for the last three years. The nonprofit developer has built 50 of these income-based lofts in cities across the country, including three in New York state.

Each has studio space for its tenants, ranging from painters to musicians to writers and communal space for local arts groups to rent. Heins says the project could become the beating heart of an arts district in downtown Utica.

Mohawk Valley Health System

The Mohawk Valley Health System unveiled the site plan for its new hospital in Utica Thursday. The design calls for a nine-story, 670,000 square foot facility with space for 373 beds and an adjacent parking garage. It would be located on 25 acres of land in the city’s downtown, which presents both opportunities and challenges.

Mohawk Valley Health waited two years to secure the state funding it needed to begin the design process. It’s still only halfway complete, but architect Kim Way says that’s a good thing because it allows his firm to continue implementing public input.

You might not know the name Bob Moritz, but you probably have heard of the company he runs. Moritz is the global chairman of PricewaterhouseCoopers, or PwC, an accounting firm with offices in more than 150 countries around the world and more than 230,000 employees. He's also a graduate of SUNY Oswego and he stopped by our studios recently.

Payne Horning / WRVO News

Central New York and the Mohawk Valley are joining the race to win the coveted second headquarters of Amazon. The online retailer giant plans to invest as much as $4 billion to build their new campus and expects to create as many as 50,000 jobs.

Tom Magnarelli / WRVO News

A family-owned supermarket on Syracuse’s west side, which has been open for nearly 100 years, is expected to close its doors next month. It is a loss for residents in an area with some of the highest concentration of poverty in the city.

Nancy Gardner has been living on the west side and coming to the Nojaim Brothers Supermarket her entire life. She said it was a shock to hear they are closing.

“This is like close to home where you can shop," Gardner said. "I don’t know what people are going to do without. Because there is no other shopping near here.”

Gino Geruntino / WRVO File Photo

Members of the New York State Inspector General's office searched the Port of Oswego's administrative offices for several hours Wednesday. Terrence Hammill, the port board of directors chairman, says the state seized the director's business cellphone and computer, but he says he's in the dark about why they were there.

"We’re a little bit mystified," Hammill said. "There’s nothing going on that would come across our mind as an issue for the inspector general’s office."

WRVO News File Photo

A plant in the North Country that produces the famous Philadelphia-brand cream cheese has triggered a mandatory water conservation order in the Village of Lowville, and the issue may have been a result of a misunderstanding between village leaders and the owner of the plant.

When Kraft-Heinz announced in 2015 that the company would make a $100 million expansion of its Lowville plant, the village's mayor Donna Smith says they were aware that it would require more water. But Smith says there was a discrepancy on how much they would choose to use in a given period of time.

Vernon Downs Racing Casino and Hotel

The owner of Vernon Downs Jeff Gural says without intervention from state lawmakers, his business will close.

LtGovHochulNY / Flickr

State and local officials in the Mohawk Valley say a Danish company's decision to come to the SUNY Polytechnic Institute's campus in Marcy bodes well for the site's nanocenter. 

governorandrewcuomo / Flickr

The del Lago Casino in Seneca County has opened its doors. The  $440 million facility is one of several casinos opening in upstate after after New Yorkers approved a referendum in 2013 that allows for the creation of four non-Indian casinos upstate.

Payne Horning / WRVO News

At an economic forecast luncheon in Auburn, local officials were optimistic about Cayuga County's recovery. The county has recouped more than 90 percent of the jobs it lost in the recession and the unemployment rate continues to decline. Now the challenge is preparing the local workforce for those openings.

Tom Magnarelli / WRVO News

As friends and family return home for the holidays, one event in Syracuse is trying to convince them to stay. The “Come Home to Syracuse” event connects former residents with employers in the area.

Believe in Syracuse Executive Director John DeSantis said the event targets individuals that used to live in Syracuse and tries to get them to think about the Syracuse community and the idea of moving back.

governorandrewcuomo / Flickr

The proposed nanotechnology center in Marcy is losing its main investor after the project has become entangled in the state corruption scandal involving the governor’s upstate development programs.

The Austrian company AMS, AG has pulled out of the 450-acre Nanocenter, a chip fabrication project at the campus of SUNY Polytechnic Institute.

Destiny USA blog.

Destiny USA announced that they are partnering with Embassy Suites by Hilton on the 200-room hotel that's been under construction in the Inner Harbor since June. A 12-year, $7 million tax deal was granted to the Destiny hotel by the Onondaga County Industrial Development Agency earlier this year.

Community benefits included in the tax deal require that 15 percent of the 200 construction jobs on the hotel go to women and minority-owned businesses. Destiny USA’s David Aitken said while the company has not hit that target yet, they still intend to.

Payne Horning / WRVO News (file photo)

The National Labor Relations Board (NLRB) is ordering the central New York aluminum manufacturer Novelis to work with its employees to create a union. 

Destiny USA

Now that a $7 million tax deal has been approved for a new hotel at Destiny USA, construction is expected to begin on it in June. Controversy remains over which of the region's development agencies should be approving these kinds of tax deals.

Opponents say that for the last three decades, the Onondaga County Industrial Development Agency, which unanimously approved the Destiny Hotel deal, have traditionally deferred city projects to the Syracuse Industrial Development Agency.

Tom Magnarelli / WRVO News

CenterState CEO President Rob Simpson said despite encouraging economic developments in central New York over the past few years, the economy and population of the region is stagnant. Simpson said the current trajectory of Syracuse and Onondaga County is not sustainable.

“Does our community have the appetite to disrupt this cycle, this system, of economic stagnation, or don’t we?” Simpson asked.

Ryan Delaney / WRVO News File Photo

There are six hotels currently under construction in the Syracuse area and one in Cazenovia, some of which are receiving or could soon start receiving tax breaks. The hotel building boom in Syracuse is part of a trend happening in cities across the state and nationwide.  

Ellen Abbott / WRVO News

There will be some life at the former Hotel Syracuse this weekend for the first time in over a decade. Hotel Developer Ed Riley is allowing the the St. Patrick’s parade committee to hold a couple of private events in the hotel’s lobby Friday and Saturday.

“This year it’s just very low key," Riley said. "It’s really for the parade and the parade committee to assist them with maybe raising some money and maybe making sure that continues on as a Syracuse tradition for many years.”  

Riley said the historic hotel is already booked a couple of days.