The Upstate Economy

4:42pm

Sun July 6, 2014
The Upstate Economy

Michael Falcone on the Campbell Conversations

Michael Falcone, left, speaks with Campbell Conversations host Grant Reeher

Michael Falcone is Chairman Emeritus of the Pioneer Companies, a commercial real estate development enterprise in Upstate New York, Denver, and Phoenix.  Prior to that, he was a partner with Robert Congel in the Pyramid Companies.  In this edition of the Campbell Conversations, Grant Reeher speaks with him about malls, hotels, the development trajectory of Syracuse, the proper role of government in development, and Syracuse University's impact on the city.

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1:12pm

Thu June 19, 2014
The Upstate Economy

Haitian connection integral to upstate couple's business model

Stephane Jean-Baptiste and Yve-Car Momperousse at home in Ithaca, New York.
Jim Day WXXI

Many new startup companies end up running their new business out of their homes, and that's the case for Stephane Jean-Baptiste and Yve-Car Momperousse who live and work in Ithaca, New York.

Their sustaining business model relies heavily on their relationship with the land and people of Haiti.

As you’ll see, they’re aiming to be both successful and socially-responsible entrepreneurs, and help in the re-building of the island nation devastated by the 2010 earthquake.

6:23am

Mon May 19, 2014
jobs

More than 100 Remington Arms jobs being sent to Alabama

Remington Arms employs more than 1,000 people in Ilion, New York. (file photo)
Ryan Delaney WRVO

The two-century-old gun manufacturer Remington Arms, the nucleus of a small Mohawk Valley community, is losing jobs to a more gun-friendly state.

The parent company of Remington, based in Ilion, New York, announced this week it is moving to lines of production work to the company's gleaming new factory in Huntsville, Alabama, announced earlier this year.

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4:13pm

Fri May 16, 2014
The Upstate Economy

Group argues lack of high speed Internet hurts business in central New York

State, local and federal elected officials have created a new coalition meant to bridge the digital divide in central New York, as they say a lack of quality high speed Internet has become an economic development issue in Syracuse.

About two years ago, Bob Slivinski of Encompass Technologies  and Syracuse Innovations Group decided they wanted to move their office out of East Syracuse. But when they looked at offices in the city of Syracuse, the lack of fiber optic Internet stopped them cold.

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7:31am

Tue May 6, 2014
The Upstate Economy

SUNY campuses getting started with their Start-Up NY plans

SUNY campuses across central New York are working to get the final pieces in place to begin attracting business as part of Gov. Andrew Cuomo’s Start-Up NY. 

Start-Up NY offers businesses a chance to operate tax-free for ten years, if they set up shop within one mile of college campus, and create jobs that support the academic mission of the school they’re affiliated with.  

So far, according to the Start-Up NY web site, there are more than a dozen colleges and universities aligned with the economic development program.  

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8:27am

Mon April 28, 2014
The Upstate Economy

Overwhelming demand to attend job fair for Nano Utica

Construction of the Nano Utica complex on the campus of SUNY-IT in Utica in October. (file photo)
Ryan Delaney WRVO

Registration for a job fair to work at the new nano technology facility in Utica had to be cut off several days early because there was too much demand for the 300 open positions.

The job fair for the QUAD-C computer chip center on the campus of the SUNY Institute of Technology is scheduled for Tuesday afternoon. But after 1,500 people had registered by Thursday, organizers cut it off.

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6:57am

Mon April 28, 2014
The Upstate Economy

Leaders discuss Oswego County infrastructure issues

Gino Geruntino WRVO File

Rep. Dan Maffei (D-Syracuse) says Oswego County is in a prime position to grow economically, but needs some help improving the infrastructure to do that.

The Democrat, whose district includes Syracuse and part of Oswego County, recently held a roundtable on infrastructure at the Port of Oswego.

Maffei and fellow Rep Richard Hanna (R-Barneveld) have helped secure funding for rail improvements at the port. This time the topics of discussion were not only expanding roads and rail lines, but replacing water and sewer lines and better rural broadband access.

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6:44am

Fri April 25, 2014
jobs

Report: There's a looming skills gap in New York's economy

There is a looming skills gap between available jobs in New York and the training needed to fill them, according to a new report.

The report, by Ready Nation/America’s Edge found that by 2020, there will be 350,000 available jobs in the state that New Yorkers won’t have the skills needed to fill. They’re mid-level skilled jobs that require some advanced education, like an associate degree or certificate.

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3:27pm

Fri April 18, 2014
The Upstate Economy

Pulaski company adds manufacturing jobs

A specialty paper producer in Pulaski recently more than doubled its production and workforce. Felix Schoeller, which makes inkjet papers and specialty products, added more than 170 employees in the past year -- boosting its total to nearly 300 people.

Michael Szidat, president of Felix Schoeller North America, says New York state’s economic development agency, Empire State Development, helped the company by giving it tax credits.

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6:25am

Wed April 16, 2014
The Upstate Economy

Utica considers launching freedom trail

Doug Kerr Flickr

Almost 200 years ago, Utica was home to a passionate abolitionist community determined to rid the young nation of slavery. Now a local group is trying to remind the public of the significance of the city’s role in the anti-slavery movement.

Nearly sixty people came out recently on a typically chilly winter morning to walk downtown Utica streets, each of which had a story to tell from the days of the Underground Railroad.

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8:34am

Sat April 12, 2014
The Upstate Economy

Ant-poverty tour highlighting inequality in New York state

Sister Simone Campbell speaking at the New York State Community Action Association 8th Annual Symposium on Poverty
Jenna Flanagan/Innovation Trail

A campaign by the New York State Community Action Association to change perceptions of poverty was launched last week in Albany. The "From Poverty to Opportunity Tour 2014" is running in conjunction with a series of speaking events around the state that will feature people sharing personal stories of their experience of poverty.

Karla Digirolamo, CEO of the New York State Community Action Association put together the anti-poverty tour to commemorate the 50th anniversary of the Economic Opportunity Act or as it's more commonly known, President Lyndon B. Johnson's War on Poverty.

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7:59am

Mon April 7, 2014
The Upstate Economy

What upstate NY needs to do to stay relevant in global economy

Bob Moritz is chairman and senior partner of PWC.
Photo courtesy of PWC

The chairman of the worldwide accounting firm PWC, formerly called Pricewaterhouse Coopers, has roots right here in central New York. Bob Moritz is a graduate of SUNY Oswego and visited the campus last week to speak about the global economy. WRVO's Catherine Loper spoke with Moritz about how those trends apply to the economic situation in upstate New York.

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6:44am

Tue April 1, 2014
The Upstate Economy

Winter tourism industry has hot season, even with bitter cold

Apostolos Flickr

While most of upstate New York is waiting for sunshine and warm temperatures instead of more cold and snow, the region's winter tourism industry is singing a different tune.

One of those spots is the Greek Peak Mountain Resort in Cortland, where co-partners Marc Stemerman and John Meier say business has spiked compared to last year.

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3:39pm

Wed March 12, 2014
The Upstate Economy

Syracuse Land Bank reports on progess in first year

The Syracuse Land Bank demolished it's first vacant home Monday.
Greater Syracuse Area Land Bank/City of Syracuse

After a year on the job, the Greater Syracuse Area Land Bank has issued its first progress report, which notes that several steps have been taken to start reclaiming Syracuse neighborhoods from dilapidated and decaying homes.

First the numbers. The Syracuse Land Bank has acquired 165 properties across Syracuse over the past year. Twelve have been sold or have sales pending; 21 are currently for sale; 26 are slated for demolition;  and 57 are vacant lots.

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4:44pm

Mon March 10, 2014
The Upstate Economy

Syracuse Land Bank demolishes first house

Greater Syracuse Area Land Bank/City of Syracuse

The Greater Syracuse Land Bank has torn down its first house. Crews demolished a vacant home just off South Salina Street on Syracuse’s Southside Monday, after the land bank determined it was deteriorated beyond repair.

It’s the first of 25 properties slated for demolition this year, by the organization that buys dilapidated properties and either rehabs them or tears them down.  The idea is to deal with properties that are a drag on neighborhoods and magnets for crime.

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8:19am

Wed March 5, 2014
The Upstate Economy

Nation's first nano film school to launch in Onondaga County

Gov. Andrew Cuomo discusses the launch of the nation's first nano film school, which is going to be located in DeWitt.
Ellen Abbott WRVO

The movie business is coming to central New York. With the help of some state tax incentives, the nation’s first nano film school, along with a film production company, will set up shop in suburban Syracuse.

"Now who would have ever figured? Hollywood has come to Onondaga. Right, you would have never guessed, but it has..."

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8:24am

Mon March 3, 2014
Drones

Drone test site secures half its startup funding with state grant

Ryan Delaney WRVO

Upstate New York’s new drone testing site is closer to pulling enough money together to begin operating. It’s been awarded a state grant to cover some of its startup costs.

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3:07pm

Fri February 28, 2014
The Upstate Economy

Investment dollars for upstate New York startups on the rise

NathanaelB / Via Flickr

The amount of money being invested in startup businesses in upstate New York is increasing, but that doesn’t mean starting a business here is suddenly easy.

Upstate Venture Associates of New York, or UVANY, a startup business investment firm, found that nearly twice as much money came into upstate New York in the third quarter of last year, in comparison to the year before. There were 29 deals that quarter, worth $75.86 million. That's up from 16 deals worth $40.56 in the fourth quarter of 2012, UVANY found.

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8:28am

Fri February 21, 2014
The Upstate Economy

Remington expansion plans causes concern in Mohawk Valley

An outside view of Remington Arms, located in Ilion, NY.
Ryan Delaney/WRVO

When Remington Arms announced that it was going to build a new manufacturing and development facility in Alabama, people in central New York's Mohawk Valley became concerned their jobs were on the line.

Even though none of the plant's 1,300 employees are expected to lose their jobs, lawmakers say more can be done to support the firearm manufacturer's operations in the village of Ilion.

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8:36am

Thu February 20, 2014
The Upstate Economy

Labor secretary highlights high-tech manufacturing in visit

U.S. Labor Secretary Thomas Perez, left, tours the Syracuse Center of Excellence with CoE director Ed Bogucz and NuClimate's John DiMillo.
Ryan Delaney WRVO

The United States Labor Secretary visited central New York Wednesday to announce a new workforce training grant program and to put a focus on advanced manufacturing.

Labor Secretary Thomas Perez went to the Fulton Companies in Pulaski and then on to the Center of Excellence in Syracuse. Perez, a Buffalo native, was promoting a $150 million workforce training program targeting the long-term unemployed.

"If we reduce that long term unemployment rate to the rates that it’s usually at after recessions, we could bring our unemployment rate down to the low fives," he said.

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7:43am

Mon February 3, 2014
The Upstate Economy

Utica's continued growth fuels chamber of commerce's name change

The Greater Utica Chamber of Commerce attends a ribbon cutting ceremony for Bella Regina in downtown Utica.
Greater Utica Chamber of Commerce

The city of Utica is showing signs of growth, whether it's the introduction of the Utica Comets hockey team, the massive investments into Nano Utica, or the recent completion of the Utica tower. To match the spirit of the city around them, the former Mohawk Valley Chamber of Commerce has also made a change, rebranding itself as the Greater Utica Chamber of Commerce in 2014.

Although its reach will still include Madison, Herkimer and Oneida counties, executive director Pamela Matt says the city of Utica is showing a resiliency that will help propel it into the future.

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7:49am

Thu January 30, 2014
The Upstate Economy

Biden promotes reinvention of workforce training upstate

Vice President Joe Biden speaks to a crowd gathered at Monroe Community College in Rochester Wednesday.
Jim Day WXXI

In his State of the Union address President Barack Obama tapped Vice President Joe Biden to lead a reform of the country’s training programs to ensure the skills in the workforce match employers’ needs.

Biden traveled to upstate New York Wednesday promoting the President’s agenda. Speaking at Monroe Community College (MCC) in Rochester, he said community colleges are a vital part of the process of reinventing the nation’s workforce training.

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4:37pm

Wed January 29, 2014
The Upstate Economy

$100 million for amphitheater, housing coming to Solvay

Gov. Andrew Cuomo discusses Onondaga Lake redevelopment in Solvay, N.Y.
Ryan Delaney WRVO

A combined $100 million redevelopment project for the western side of Onondaga Lake will bring new housing and street upgrades to the village of Solvay and a 17,000 seat entertainment venue to the shoreline of the lake.

It's not the project Onondaga County Executive Joanie Mahoney hoped to bring Gov. Andrew Cuomo to town to announce, but when Syracuse Mayor Stephanie Miner derailed Mahoney's and Syracuse University's idea for a new athletic stadium in the city, the county executive quickly shifted to this one.

"This project hits it exactly right," said Cuomo.

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9:00am

Wed January 29, 2014
The Upstate Economy

Nano Utica provides spark in Rust Belt city

Gov. Andrew Cuomo speaks during the announcement of a $1.5 billion investment into Nano Utica in mid-October.
Office of Gov. Andrew Cuomo

In the Utica area, there’s been a lot of buzz lately about nanotechnology, and the possibility that a major nanotech manufacturing facility will soon locate  there. But what exactly is Nano Utica?

On a chilly November morning, contractors are giving public tours of a construction site at the SUNY Institute of Technology in Utica. But it’s not a classroom building or new dorm they’re walking around. The public is getting a sneak peak at something known here as Quad-C, the Computer Chip Commercialization Center.

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8:03am

Tue January 28, 2014
The Upstate Economy

Burrows Paper Corporation prepares to expand operations in Little Falls

Burrows Paper Corp., a nearly 100 year-old company in the city of Little Falls, is making changes at one of its paper mills to create more jobs and increase revenue.

Rose Mihaly, president and chief operating officer at Burrows, says the plan is to shut down a 90-inch wide paper machine, at its Mill Street location, then use some of the harvested parts to improve the mill's other machine. She says the company wants to increase production to help meet a rising desire for green packaging.

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7:03am

Tue January 28, 2014
The Upstate Economy

Casino competition heats up in the Southern Tier

A proposed casino in Johnson City.
Traditions

The Southern Tier is guaranteed one out of the four casinos to be built in upstate New York.  The licenses are expected sometime this year and the competition for the Southern Tier casino is starting to heat up.

Jeff Gural is the owner of Tioga Downs, where ground was recently broken on an expanded parking lot. Gural’s plan is to offer the full casino experience at his racetrack and electronic gambling site. But first he needs to win one of the new gaming licenses.

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6:59am

Tue January 28, 2014
The Upstate Economy

Upstate CEO's slightly more confident about the economy

Confidence among upstate New York business leaders is up slightly, according to a new poll, but worries over health care reform and workforce quality are keeping their confidence low-key.

Company CEO's polled by the Siena College Research Institute said they’re just as likely to expand their workforce this year - 28 percent - as they were in 2013 - 27 percent.

Manufacturing and engineering sectors posted the highest job growth expectations.

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12:06pm

Thu January 23, 2014
The Upstate Economy

Port of Oswego receives new equipment

The Port of Oswego has received a new container reach stacker, which will keep the port from having to rent a crane.
Gino Geruntino WRVO

Sen. Charles Schumer was in Oswego Wednesday to announce that the city's port has received some much needed equipment.

Schumer helped port officials secure a new container reach stacker, along with a dump truck and two generators from the federal government's surplus equipment program. He says the reach stacker will help the port be more efficient and save money.

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8:27am

Thu January 23, 2014
The Upstate Economy

Maffei uses job fair to connect workers with rising employment sectors

Syracuse-area Rep. Dan Maffei has some concerns about central New York’s economic recovery, which is why he held a job fair in Liverpool earlier this week.

Maffei says compared to where the central New York economy was a few years ago, things are getting better. But he says more needs to be done.

"It’s just not expanding enough to give me confidence that it’s going go be stable and sort of a healthy economy,” Maffei said.

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2:34pm

Thu January 16, 2014
The Upstate Economy

This year's economic forecast? Steady as she goes, maybe better

Central New York’s major economic booster group is predicting the region’s economy this year will be more of the same, maybe a little bit better.

Businesses in central New York are only slightly bullish about economic growth in CenterState CEO’s annual economic survey.

The pro-business group teams up with M&T Bank to put out the forecast. The bank foresees the economy will grow slightly more than it did last year. The region has seen 17 straight quarters of growth.

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