private fund. central new york business journal page 4.the central new york business journal 269 w....
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The Central New York Business Journal269 W. Jefferson St.Syracuse, N.Y. 13202-1230
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CENTRAL NEW YORK BUSINESS JOURNALWEEKLY EDITION I VOL. 32 I No. 10 I MARCH 12, 2018 I $2.50
SPECIAL REPORT: North Country Business/Agribusiness Page 7.
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ACQUISITION SET: Elmira’s Hardinge set to be acquired by private fund.Page 4.
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PAGE 6HALBRITTER: NEW POINT PLACE CASINO IS LONGTERM INVESTMENT
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north country business/
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Planning more growth, TCGplayer accepts $10M equity investment
2 I BUSINESS JOURNAL NEWS NETWORK I MARCH 12, 2018CNYBJ.COM
CORTLAND — Tops Plaza, located at 3918-3980 Route 281 in Cortland, has recently at-tracted three new tenants.
Metro Phone leased 1,125 square feet, Cutting Crew rented 1,125 square feet, and Relaxation Nails and Spa leased 4,821 square feet, according to a Cushman & Wakefield/Pyramid Brokerage Company news release.
Lee Salvetti of Cushman & Wakefield/Pyramid Brokerage exclusively markets and represents the plaza owner, and facilitated the leases on its behalf.
The plaza’s other tenants include Tops Markets, CFCU Community Credit Union, Metro Mattress, Cricket Wireless, Little Caesar’s, and AmeriCU Credit Union, accord-ing to Pyramid Brokerage.
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Adam RombelEditor-in-Chief [email protected]
Maria CarbonaroAssociate Editor [email protected]
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COMING UP:March 19 List: Architects/Landscape Architects March 19 Special Report: Energy/ Environment/Sustainability
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April 16 List: Certi�ed Women-Owned Businesses April 16 Special Report: Small Business/MWOB
April 23 List: Golf Resorts/Courses April 23 Special Report: Succession/ Family-Businesses Planning
Tops Plaza in Cortland gets three new tenants
ConMed to pay dividend of 20 cents a share in early April
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based medical-device maker, recently announced that its board of directors has de-clared a quarterly cash dividend of 20 cents per share for the first quarter.
The dividend will be payable on April 5 to all shareholders of record as of March 15.
At the company’s current stock price, the dividend yields about 1.3 percent. ConMed’s stock has started 2018 on a roll, with the price gaining more than 20 percent year to date,
through March 6.ConMed says it’s a medical technology
company that provides surgical devices and equipment for minimally invasive procedures. The firm’s products are used by surgeons and physicians in specialties including orthopedics, general surgery, gynecology, neurosurgery, and gastroenterology. ConMed has a direct selling presence in 17 countries, and international sales make up about half of its total sales. The company employs about 3,100 people globally.
Charles [email protected]
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New York milk production rises in 2017 New York dairy farms produced more than
14.9 billion pounds of milk in 2017, up 0.9 percent from nearly 14.8 billion pounds in 2016, the USDA’s National Agricultural Statistics Service (NASS) recently reported.
Production per cow in the state averaged 23,936 pounds in 2017, up 0.4 percent from
23,834 pounds in 2016. The number of milk cows on farms in New
York state totaled 623,000 head last year, up 0.5 percent from 620,000 in 2016, NASS reported.
In neighboring Pennsylvania, dairy farms produced more than 10.9 billion pounds of milk in 2017, up 1.1 percent from the previous year.
MARCH 12, 2018 I BUSINESS JOURNAL NEWS NETWORK I 3CNYBJ.COM
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Planning more growth, TCGplayer accepts $10M equity investment
BY CHARLES MCCHESNEYContributing [email protected]
SYRACUSE — TCGplayer’s workforce has doubled to 200 in the past four years and CEO Chedy Hampson expects it to reach 500 in the next five years.
He recently accepted a $10 million eq-uity investment to help make that happen.
The 20-year-old company provides an online marketplace (TCGplayer.com) for collectible gaming cards and related prod-ucts — things like Pokemon, Yu-Gi-Oh, and Magic: the Gathering. It also offers point-of-sale services to brick-and-mortar hobby shops that allows them to manage inventory and provides up-to-the-minute information on the value of cards.
Until this year, Hampson has not brought outside investors into the com-pany that he and Ray Moore founded in 1998. Moore is VP of products for TCGplayer. With the exception of a $40,000 bank loan he took out in 2008, the company has grown by reinvesting profits, Hampson tells CNYBJ.
“Turns out marketplaces are good busi-ness models,” he quips.
The company’s growth curve headed skyward in 2014 when it added “another layer” to its marketplace, switching from being an eBay competitor that simply gave card buyers and sellers a place to find each other to a model more like Amazon. Instead of buyers getting dif-ferent packages from each seller, the TCGplayer Direct service consolidates purchases into a single package.
Buyers find the cards they want from any participating seller and place their order. Instead of, say, getting packages from five sellers, TCGplayer Direct draws the ordered cards from its inventory and ships them to the buyer in a single pack-age.
In turn, the seller sends TCGplayer the same card, in the same condition, to replace what was taken from inventory.
To do this, the company keeps an in-ventory of the biggest selling Magic: the Gathering cards. (As of now, that game is the only one TCGplayer Direct services.)
For sellers, TCGplayer means that in-
stead of packing and shipping dozens of cards each day, they ship one or two pack-ages a week to TCGplayer Direct.
“People seem to like that,” Hampson observes. That customer demand allowed TCGplayer to expand from a dozen work-ers in 2013 to 75 by 2015.
TCGplayer officesThat growth has required the company
to change its physical space. Where once Hampson could run the business from his living-room couch while others worked remotely, by 2013 it was necessary to rent space to bring the team together.
That first space was on the 10th floor of the State Tower Building in downtown Syracuse. In 2016, the company moved to two floors at AXA Tower 2. Last year, TCGplayer moved its offices to South Clinton Street and its operations — where cards are received, warehoused, pack-aged, and shipped — to the Galleries of Syracuse.
The largest high-tech investment ever in Syracuse?SYRACUSE — Chedy Hampson believes the $10 million Radian Capital is investing in TCGplayer is the largest single venture-capital investment ever made in Syracuse.
He has research to back it up: informa-tion gleaned from local, upstate, and na-tional venture-capital groups and business publications.
He found:• The largest previous venture invest-
ment, $2.2 million, was secured in 2016 by Good Uncle, a startup that seeks to bring big-city food to smaller markets.
• The second largest prior investment was landed by Plowz and Mowz, the startup that links property owners to landscape services when they need them. That $1.5 million investment came in 2016.
“It is the single largest investment in high tech in Syracuse in the last 10 years. I can’t say ever,” Nasir Ali, co-founder and CEO of Upstate Venture Connect (UVC), says of Radian Capital’s investment in TCGplayer. UVC facilitates venture investment in the region.
There have been larger investments in Central New York — industrial companies have spent many tens of millions expand-ing or updating plants and technology companies have drawn investments that over time have totaled many millions — but among venture-capital investments, Hampson is convinced his company’s $10 million venture investment is blazing a path.
And it’s a path he wants others to tread. One of Hampson’s goals is for TCGplayer to spur the creation and growth of other area tech companies.
That would be good for the other businesses and the region’s economy, he says. He points out that it would also help TCGplayer. About 20 percent of the com-pany’s workforce comes from out of state.
When potential employees are con-sidering moving to Syracuse to work at TCGplayer, they have a concern about where else they might work in the region, if the need arises. More high-tech companies could give them more confidence that Syracuse is a place they can build their ca-reers, Hampson contends. For that reason, he hopes headlines about the largest ven-ture-capital investment ever, draw more investor attention, and more successful high-tech startups, to Central New York.
— Charles McChesneySEE TCGPLAYER, PAGE 11 4
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Elmira’s Hardinge set to be acquired by private fundBY CHARLES [email protected]
ELMIRA — Hardinge Inc. (NASDAQ: HDNG), an Elmira–based manufacturer, has agreed to be purchased by Atlanta–based Privet Fund Management for $18.50 per share in cash.
Privet, which already holds shares of Hardinge, agreed to buy all shares of the company that it didn’t already own.
At that price, Hardinge is valued at about $245 million.
Hardinge is a designer and builder of metal-cutting tools with 340 employ-ees at its Elmira headquarters and 1,451 workers worldwide, according to a com-pany spokesperson. It has manufactur-ing facilities in China, France, Germany, India, Switzerland, Taiwan, the United Kingdom, and the U.S.
The company says it does not expect the merger will have an impact on jobs in Elmira.
Hardinge generated nearly $318 mil-lion in sales in 2017, with about two-thirds of its sales from outside North America.
The $18.50 price is a 12.1 percent premium on the stock’s closing price on Nov. 1, the last day before Privet and Hardinge announced Privet was in-terested in buying the company. At the time, it mentioned a price of $17.25 per share. Also at that time, Privet’s principal and portfolio manager, Ryan J. Levenson, joined Hardinge’s board, according to
Bloomberg.Those developments came less
than six months after Charles (Chuck) Dougherty was named president and CEO of Hardinge, replacing 30-year com-pany veteran Richard L. Simons.
Before joining Hardinge, Dougherty had been president and CEO of American Science & Engineering, which was bought by OSI Systems Inc. in 2016.
Christopher DiSantis, chairman of Hardinge since August, led the commit-tee that negotiated the agreement.
“We are pleased to have successfully negotiated a transaction at this robust point in the business cycle that we believe is in the best interests of the sharehold-ers,” he said in a news release. “The committee, with the assistance of our financial and legal advisors, carefully ana-lyzed Privet’s offer and came to this con-clusion after thorough consideration and extensive negotiation. The transaction provides significant value and liquidity for our shareholders, as well as continu-ity and opportunities for future growth for our employees, and a full opportunity to market test the price in a rigorous go-shop process.”
The committee and the independent directors of the board are unanimously recommending that the company’s share-holders vote yes on the proposed transac-tion, he added.
“Hardinge has been a valued partner
and solutions provider to global manufac-turers for over 100 years. We believe the Company has the talent and capabilities to advance to the forefront of innova-tion.” Levenson said. “We look forward to deepening our relationship with the company, its global team and its custom-ers all around the world, as we work with Hardinge to achieve its long-term vision for growth.”
The sale of Hardinge is expected to close at the end of the second quarter, the company says. Currently, the deal is in a 45-day “go-shop” period during which Hardinge can seek other buyers at a higher price.
In 2010, Hardinge fended off a hos-tile takeover bid by Brazilian company Industrias Romi S.A, which had offered a price of $8 a share. n
A merica is consumed with higher education — going to college andearning a degree as the necessary
path to a well-paying job.
Yet with parents emphasizing the im-portance of academic excellence, and their children graduating and going on to suc-cessful employment, why do many still re-main uneducated in fundamental financial matters?
Numerous statis-tics show financial
illiteracy is a major problem in the U.S., reflected in enormous personal debt, woe-fully inadequate savings, and irrespon-sible spending. Despite being home to many millionaires and billionaires, the U.S. ranks only 14th in the world in fi-nancial literacy, according to “Financial Literacy Around the World,” a Standard & Poor’s survey.
A lack of knowledge or interest in finan-cial matters comes from the family culture early on, and often as adults, people have to teach themselves. They’re not teaching financial literacy in high school, certainly not even the basics, like how compound interest works.
People need to self-educate and re-search. All the information is out there. Financial illiteracy is a widespread prob-lem and its consequences reach far, from having no emergency funds to having little set aside for retirement.
The costly effects of financial illiteracy are significantly felt in the following three areas:
Low savingsA 2017 survey of more than 8,000
people by GOBankingRates, a personal-finance website, found that 57 percent had less than $1,000 in their savings account. There’s an overall lack of education there as well from our schools. But at home if you don’t set examples for your children, I don’t think it will ever change. At the end of the day, you’ve got to put a little aside and say to yourself, “I’m not going to touch it.”
Credit-card debtIn December, NerdWallet revealed in
its household credit-card debt study that the average American household owes $15,654 in credit-card debt. Forty-one per-cent in the study admitted to spending more than they should, which leads to pay-ing more interest and experiencing linger-ing high debt. It’s a lack of discipline and not knowing the effect of interest rates. Most people are well-educated enough to understand what living outside their means actually means. But many adults act like a child making a decision and don’t really think about the consequences until they actually happen. This is especially true with the younger generation. The way the world is progressing with technology makes it easier to buy, and I think people easily get trapped in that.
College debt Five-figure college-loan debts are com-
mon and continue to be a major drag on the economy. Parents of normal to low-income means might want to re-evaluate saddling their child and themselves with such a burden. We can also point the finger at colleges and employers. The colleges are also to blame, because they
make it seem as though in order to get a good job, everybody must go to college. There’s nothing wrong with trade school. The cost of college is ridiculous. And I think employers can do a better job of providing a benefits package that would absorb a lot of that college-debt cost for a long-term valuable employee.
People lack financial discipline. They need to stop and think about their needs versus their wants, and about their short-term and long-term goals. n
Alexander Joyce is CEO and presi-dent of ReJoyce Financial LLC (www.ReJoyceFinancial.com), a full-service re-tirement-income planning firm, and author of the book: “Rejoyce in Your Retirement.”
ALEXANDER JOYCE
Viewpoint
3 Major Ways Financial Illiteracy Is Harming Americans
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Binghamton University spinoff, Sonostics, opens Camillus officeBY ERIC [email protected]
CAMILLUS — Sonostics Inc., a Binghamton University startup firm and spinoff, on March 5 opened a Syracuse–area office at 5016 W. Genesee St. in Camillus.
The firm describes itself as an “emerg-ing health and wellness company.”
Sonostics, which also has an office at 204 Washington St. in Endicott, has devel-oped a product it calls the HeartPartner.
The opening of the Camillus office is part of an “aggressive,” three-year plan that will include bringing 135 new jobs to the Central New York region, Kyle Washington, executive VP of Sonostics, said in his remarks during the company’s formal-opening ceremony.
“This is our first satellite office … In the next 60 days to 90 days, we’ll be opening an office in Albany, followed by Rochester, and by the end of the year, Buffalo,” said Washington.
The 135 new jobs will be part of the firm’s advanced manufacturing operations for the HeartPartner product.
“Right now, our manufacturing is being done in Shanghai [in China],” Washington said in speaking with reporters after the ceremony.
Sonostics is working with Empire State Development and Gov. Andrew Cuomo’s office to secure a location for its manufac-turing operations.
“I’ve looked at a couple locations. I know that we have not selected a location,” Washington told reporters.
He also noted that New York State has
an “unprecedented amount of incentives available for companies like ours.”
The company currently has eight em-ployees, Washington told reporters, in-cluding a clinical director in the Camillus satellite office, and it hopes to hire three additional employees in the Camillus office.
Kenneth McLeod, a researcher and a graduate of the Massachusetts Institute of Technology, launched Sonostics, Inc. in 2013. He is the firm’s president and CEO, according to its website.
McLeod is also the entrepreneur-in-residence at Binghamton University and founder of the school’s bioengineering program, Washington said in his remarks during the formal-opening ceremony.
About the HeartPartnerSonostics says it “focuses on the non-
invasive, non-pharmacologic treatment of secondary heart failure, which results in the pooling of fluids in the lower body and reduced venous return to the heart.” McLeod had conducted “extensive” research and 10 years of clinical stud-ies that resulted in the creation of the HeartPartner.
The company’s website describes the purpose of the HeartPartner, saying it
“exercises your secondary heart muscles — the soleus muscles in your lower legs — to improve conditions caused by poor circulation.”
Sonostics’ Camillus office can pro-vide screenings and information about people’s circulatory health, according to Washington.
“You just come in. It’s a cognitive as-sessment. We’re going to do three blood-pressure readings and give you some data that will help you understand your circula-tion better and also give you some data to talk to your primary-care physician about,” Washington told reporters.
Acting as the “pacemaker for your secondary hearts,” the HeartPartner’s “targeted vibration technology works to reduce lower-limb fluid pooling that can cause symptoms such as chronic fatigue, dizziness, blurred vision, cognitive dys-function, as well as swelling of the legs and feet and varicose veins,” according to the company’s website.
The HeartPartner costs $595, and Sonostics tells patients that insurancedoesn’t cover that cost, Washington said. It’s available for purchase at the company’s website, along with locations of New York Skin & Vein Centers, he added. n
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The HeartPartner is a product that Sonostics Inc. has developed, manufactures, and sells. The device exercises the muscles in a user’s lower legs to “improve conditions caused by poor circulation,” according to the company. Kyle Washington, executive VP at Sonostics, is using the product in this photo.
Kyle Washington, executive VP of Sonostics Inc., on March 5 delivered remarks during the company’s formal-opening ceremony at its new office in the town of Camillus. Sonostics developed, manufactures, and sells the HeartPartner, which exercises the muscles in a user’s lower legs to “improve conditions caused by poor circulation,” the company says.
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Shops at Seneca Mall sold for more than $3M at auction BY JOURNAL [email protected]
CLAY — The Shops at Seneca Mall, a 47-year-old shopping center located at8015 Oswego Road in the town of Clay,was recently sold at auction.
The mostly empty 231,024-square-foot retail center, sitting on nearly 57 acres, was purchased by Amerco Real Estate Co. for $3,025,000. Amerco is a Phoenix, Arizona–based company that provides
real estate and development services to U-Haul and is an affiliate of U-Haul.
Joyce Mawhinney MacKnight and Stephen Scuderi of Cushman & Wakefield/Pyramid Brokerage Company exclusively marketed the property and facilitated the sale through TenX Auction on behalf of the seller, Brixmor Property Group, according to a Cushman & Wakefield/Pyramid Brokerage news release.
The shopping center’s tenants include U-Haul, which will be expanding its pres-
ence; Big Lots; Aspen Athletic; and a branch of Onondaga Community College, called OCC @ Liverpool. The center used
to be home to a Kmart, which closed last year, and Price Chopper, which left about 15 years ago. n
PHOTO CREDIT: CUSHMAN & WAKEFIELD/PYRAMID BROKERAGE COMPANY
MARCH 5, 2018 I BUSINESS JOURNAL NEWS NETWORK I 3CNYBJ.COM
BY CHARLES [email protected]
DeWITT — NexGen Power Systems wasOK’d for $15 million in state aid, but theCalifornia company is liable for millions ofdollars in “clawbacks” if it doesn’t createthe jobs it has promised, under a grantagreement approved Feb. 26.
The state Public Authorities ControlBoard voted unanimously to approve a$15 million grant for NexGen’s project at50 Collamer Crossing Parkway in DeWitt,an 82,000-square-foot structure built with$90 million in taxpayer money to house adifferent California company.
The control-board vote had been de-layed 10 days by Sen. John DeFrancisco(R–DeWitt) who demanded that EmpireState Development (ESD) make clear theprovisions for recovering taxpayer moneyif NexGen did not keep its promises. Theprovisions, commonly called clawbacks,were plainly laid out in the document thatcontrol-board representatives saw andvoted on.
According to the documents, NexGenmust create 10 jobs in 2018, or repay$2.5 million. Next year the number of jobsmust reach 30, or the company will be li-able for giving back $2.5 million. The jobsnumbers rise year by year, and the liabilitycontinues at $2.5 million a year, until 2024when NexGen must have created 290 jobsor repay $2.5 million.
However, under the agreement,NexGen gets a two-year grace period inany year it fails to meet the targets. “If atthe end of the two-year “grace period,”grantee has still not met the relevant jobcommitment, then ESD will collect the re-capture amount plus interest,” the projectdocuments said.
NexGen is set to make components forpower systems utilizing proprietary tech-nology. NexGen holds multiple patentsand creates gallium-nitride semiconductordevices. The company says its productsallow for the building of smaller and moreefficient power converters. Such convert-ers are part of most electronics.
The $15 million ESD grant will helpNexGen buy the equipment needed forproduction.
Another part of the agreement givesthe state a measure of ownership in theequipment. NexGen will use the statemoney to buy the equipment and then givetitle for the equipment to Fort SchuylerManagement Corporation, a nonprofitconnected to SUNY Polytechnic Institute.
The building NexGen is set to moveinto was built by New York State to houseSoraa, a California company that makesLED lights. Soraa walked away from theproject without having to pay any claw-backs.
The failure to recover money in thatcase, and the involvement by NexGen’sCEO in an earlier project that did not
come to fruition in the Rochester area,were two reasons cited by DeFranciscowhen he explained blocking the control-board vote scheduled for Feb. 16.
“I would love to see the project complet-ed,” DeFrancisco, No. 2 in the Republican-led Senate, told CNYBJ at that time.
DeFrancisco, who is running for gov-ernor, says he was OK with the provisionsand penalties outlined Feb. 26, though hethought they could be tougher.
However, he notes that what was mostimportant was that the control-boardmembers got to see what they were votingon instead of blindly trusting ESD. “It’snot the greatest security, but at least it’stransparent,” DeFrancisco tells CNYBJ.
The state senator has filed a bill inthe New York Senate that would requireclawback provisions be made public in thefuture. “Hopefully, this is a model goingforward,” DeFrancisco says.
In addition to the state assistance, theOnondaga County Industrial DevelopmentAgency (OCIDA) on Feb. 9 approveda $3.1 million payment in lieu of taxesagreement with NexGen. OCIDA alsoapproved a sales-tax exemption on materi-als the firm buys to improve the facility,saving NexGen up to $40,000. OCIDAExecutive Director Julie Cerio said at thetime that there were clawbacks in thePILOT agreement. “We have clawbackson everything,” she noted. n
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With claw-backs made clear, state OKs $15M grant for DeWitt building The 82,000-square-foot high-tech building at 50 Collamer Crossing Parkway in DeWitt — originally built with $90 million in state taxpayer money to host Soraa, a maker of
LED lighting that walked away — will be the future home of NexGen Power Systems.
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6 I BUSINESS JOURNAL NEWS NETWORK I MARCH 12, 2018CNYBJ.COM
Halbritter: new Point Place Casino is long-term investment BY ERIC [email protected]
SULLIVAN — The Oneida Nation had studied the Bridgeport area in the town of Sullivan in Madison County and believes the newly opened Point Place Casino “will serve this particular area really quite well.”
That’s according to Ray Halbritter, Oneida Indian Nation representative and Nation Enterprises CEO.
“We really looked for a long-term invest-ment when we thought about building here,” says Halbritter.
Halbritter spoke with CNYBJ after the Oneida Nation formally opened the $40 million Point Place Casino on March 1.
Point Place Casino, located at 450 Route 31 in the Bridgeport area of Sullivan, is the latest Oneida Nation venture in Central New York.
It operates the Turning Stone Casino Resort in Verona and the Yellow Brick Road Casino in Chittenango. It also runs the Tin Woodman’s Flask, a 17,000-square-foot wine and spirits store in Chittenango near the Yellow Brick Road Casino, which opened last November.
The Oneida Nation also owns Maple Leaf Market, a convenience store in Sherrill. It plans to open a Maple Leaf Market on Route 5 in Chittenango and ad-ditional locations in 2018 as well.
When asked if spreading its business footprint is part of the Oneida Nation’s plan for growth, Halbritter replied, “This is our homeland.”
“We’re not like a company that will come in and be here for a while, sell out,
and go someplace else. This is our home-land. We’re not going anywhere. That’s one of the differences between the Oneida Nation and any other business. We are here for the long term. We think in terms of the long term, and we invest in our com-munity,” says Halbritter.
About Point Place CasinoThe doors of Point Place Casino on
March 1 opened to a rush of patrons at 10 a.m., the first in a line of people waiting outside for the casino to open its doors.
The 65,000-square-foot facility is located near the corner of Bridgeport-Kirkville Road, just a few hundred feet from the border with the town of Cicero.
In his remarks at the ceremony, Halbritter called it a “very exciting day.”
“Point Place Casino will provide resi-dents in Cicero, Clay, Fulton, Syracuse, Bridgeport, and people throughout the
region and beyond a new destination for food, entertainment, and fun,” said Halbritter.
Point Place Casino derives its name from “its picturesque location, surround-ed by a number of the area’s beloved lake points,” according to the casino’s website.
The casino has created more than 200 full- and part-time jobs that focus on gam-ing, food and beverage, maintenance, se-curity, and management. The project also produced 250 construction jobs.
Syracuse–based Hayner Hoyt Corp. helped build the casino, according to Ed Allmann, VP of enterprise marketing and sales at Oneida Nation Enterprises.
Hayner Hoyt worked in partnership with the Central-Northern New York Building & Construction Trades Council (CNNYBTC) on the project, Pat Costello, the council’s area representative, noted in
his comments.CNNYBTC represents about 5,000 con-
struction workers and 17 member unions, according to its website.
The new smoke-free Point Place Casino will include a gaming floor with nearly 500 slot machines and 20 table games. It has two, fast-casual, counter-service restaurants, including the new-est location of Wicked Good Pizza, the pizza shop that originated at the Oneida Nation’s Yellow Brick Road Casino in Chittenango and Turning Stone Resort Casino in Verona.
Point Place Casino also includes Burgers of Madison County, a restaurant offering burgers and milkshakes. The venue has two bars, the Fireside Lounge and Paddle Bar. It is also introducing a second location of Opals Confectionary, a chocolatier and bakery, which also oper-ates at Turning Stone. n
Patrons waiting outside in the fi nal hour before the March 1, 10 a.m. opening at the Oneida Indian Nation’s Point Place Casino at 450 Route 31 in the Bridgeport area of the town of Sullivan in Madison County. The Oneida Nation formally opened the casino on March 1.
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Maple syrup added to New York Grown & Certified program
BY CHARLES [email protected]
M aple syrup has joined produce, beef, poultry, Christmas trees, and other products in the New
York State Grown & Certified program.The program promotes New York’s
agricultural producers and growers who follow food safety and environmental sus-tainability standards. Standards differ by product. For instance, to qualify to be New York State Grown & Certified beef, cattle must spend two-thirds of their lives in New York.
For maple syrup, the syrup must be sourced from New York maple trees and processed in New York state. To meet the food-safety standards, participants must have successfully completed a maple food-safety class — developed by the Cornell Cooperative Extension and the Western New York Maple Producers Association
— and must follow food-safety best prac-tices that are subject to an onsite audit, the state said in a news release.
Also, to qualify, a maple producer must participate in an environmental-management program that promotes sustainability and keeps forests healthy and productive. The New York State Agricultural Environmental Management program, administered through the Soil and Water Conservation Districts, is one such program. The American Tree Farm System’s Certified Tree Farmer program is another.
When the program was announced in February, there were several Central New York maple farms enrolled from the start, including: Adirondack Natural Products Inc., in Croghan, Lewis County; Hamley’s Maple, in Barton, Tioga County; Maple Hollow Farm, in Hannibal, Oswego County; Silver Hill Maple, in Turin, Lewis County; and Sweetrees Maple Products,
in Berkshire, Tioga County.New York state ranks second in maple-
syrup production, behind only Vermont.The state estimates maple farms con-
tribute more than $140 million to the Empire State’s economy each year.
“Maple production in New York is thriving once again and it continues to be a driving force for this state’s agricultural industry,” Gov. Andrew Cuomo said in the release. “Expanding the New York State Grown & Certified program to in-clude maple means we can promote more of New York’s finest producers, connect consumers to high-quality products, and support the growth of local communities across the state.”
Maple Weekend events will be hosted by farms around the state the weekends of March 17-18 and March 24-25. Some 178 maple farms in 45 upstate counties are ex-pected to participate with more than 400,000 visitors attending, the release stated.
New York State Grown & Certified was started in 2016 to help meet grow-ing demand for locally grown foods. The Department of Agriculture and Markets supports Grown & Certified producers through a marketing campaign including labels on products, promotional materials, and sales materials.
In addition to maple producers, 77 fruit and vegetable growers and 15 Christmas-tree growers — operating nearly 50,000 acres of farmland in the state — currently participate in the program, according to the state. There are also 16 oyster growers in the program, and nine dairy processors participating, representing nearly 1,400 dairy farms across New York state.
Producers interested in learning how to qualify for the program can con-tact the Department of Agriculture and Markets at (800) 554-4501 or email [email protected]. n
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Carthage Hospital’s outpatient therapy-services clinic moves to main campus BY ERIC [email protected]
CARTHAGE — The outpatient therapy-services clinic of Carthage Area Hospital was scheduled to begin operations at the hospital’s main campus on March 12 after relocation.
The Carthage Therapy Services outpa-tient clinic had been operating at 3 Bridge St. in the Carthage Professional Building and was set to move to the hospital’s main campus at 1001 West St. in Carthage.
It relocated from clinical space it oc-cupied since early 2008, the organization announced.
The move affects nine employees, Kenneth Eysaman, strategic communica-tion associate, tells CNYBJ.
The change brings the therapy-services clinic under the same roof as the medical-imaging unit, which therapy-services pa-tients often use. The move also represents an “adaptive reuse” of updated space that previously housed the hospital’s skilled-nursing unit. That unit ended operations at the hospital in September after all resi-dents were transferred to other North Country facilities.
“This investment puts our patients first while improving their access to a wider menu of care on the main hospital cam-pus,” Rich Duvall, CEO of Carthage Area Hospital, contended in a hospital news release. He noted that Carthage Therapy Services new home for its outpatient clinic is a larger facility that is “conveniently located down the hall” from its medical
imaging staff.The move makes “strategic use” of
unused space in the hospital and a chance to “evaluate” clinic space at the Carthage Professional Building for future use, Duvall added.
“We are excited about this move, which will improve the delivery of care for Therapy Services patients,” Cheryl Tousant, director of therapy services at Carthage Area Hospital, said. “We have taken positive, proactive steps to ensure it is the least disruptive as possible for our
patients as we look forward to treating them in our new location.”
Carthage Therapy Services says it pro-vides outpatient and specialty physical and occupational-therapy services.
Established as a rural community hos-pital in 1965, Carthage Area Hospital is a 25-bed hospital, serving about 83,000 resi-dents in Jefferson, northern Lewis, and southern St. Lawrence counties.
The hospital formed a clinical affiliation with Syracuse–based Crouse Health last year. n
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Members of the Carthage Therapy Services outpatient clinic who were scheduled to relocate to the main campus of Carthage Area Hospital on March 12. The clinic had been operating in the Carthage Professional Building.
New York egg produc-tion falls 2 percent in JanuaryBY JOURNAL [email protected]
N ew York farms produced 142.8 million eggs in January, down 2 percent from 146.2 mil-
lion eggs in the year-ago period, the USDA’s National Agriculture Statistics Service (NASS) recently re-ported.
The total number of layers in the Empire State decreased by nearly 3 percent in January to 5.54 mil-lion from 5.7 million a year prior.
New York egg production per 100 lay-ers totaled 2,580 eggs in January, up less than 1 percent from 2,564 eggs in January 2017.
In neighboring Pennsylvania, egg pro-duction increased more than 2 percent to 706.3 million eggs in January, from 693.6 million eggs a year earlier, the USDA reported.
Nationally, U.S. farms produced 8.98 billion eggs in January, down almost 1 percent from 9.05 billion eggs a year prior, the USDA reported. n
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O ur state’s unique forestry and climate — freezing nights and daytime thaws in late winter
and early spring — make it perfect for maple-syrup produc-tion. By all accounts, the industry is show-ing signs of growth. According to the National Agricultural Statistics Service, maple-syrup produc-tion has doubled since 2012. Last year, the number of taps climbed to 2.65
million which was the most state produc-ers have recorded since 1944. In 2017, these millions of taps helped New York produce more syrup than any other state except Vermont. New York’s ma-ple-syrup production constituted about 18 percent of the national total.
Not only have New York maple pro-ducers collectively increased production but they have embraced agri-tourism events with the successfully marketed Maple Weekends. These weekends have contributed to maple syrup’s popularity. This year, Maple Weekends will be held March 17-18 and March 24-25. During these days, the public has the oppor-tunity to see acres of tapped trees, the
equipment used to collect the sap, and learn about the process which turns sap into syrup. Many also offer pancake breakfasts and even popular 5K races. This industry collaboration has helped to grow the public’s appreciation for maple syrup, provide an opportunity for the public to meet the producers, and also has helped to increase retail sales. The New York State Maple Association and the New York State Department of Agriculture and Markets promote the weekends. which accommodate an
estimated 400,000 visitors throughout the state at various maple farms. These events are contributing to the estimated $141 million economic impact the indus-try is generating each year.
To find a Maple Weekend event near-by or learn more about maple syrup, visit mapleweekend.nysmaple.com. The website also features many videos for young children to learn about maple
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New York launches agriculture loan-fund program BY ERIC [email protected]
T he New York Job Development Authority (JDA) announced it has started an agriculture loan-fund pro-
gram to “address and help alleviate the economic barriers faced by many New York small-agribusiness owners.”
JDA has provided $10 million in funding, which will be distributed as low-interest loans by third-party lenders, the office of Gov. Andrew Cuomo said in a news release.
The JDA is part of Empire State Development (ESD), New York’s primary economic-development agency.
Through the agriculture loan-fund pro-gram, eight participating lenders will lend between $50,000 and $200,000 to eligible businesses.
Qualified businesses include, but are not limited to, value-added processors, food-distribution companies, food aggregators, craft-beverage producers, and food-hub
participants. The projects
may include the acquisition of and/or improve-ments to land or buildings; the purchase of machinery and equipment; and working capital
used in support of the New York agricul-tural industry.
The approved lenders for the program in-clude the New York Business Development Corporation. In addition, the Development Authority of the North Country will con-sider applications in the North Country; Mohawk Valley Rehabilitation Corporation is the approved lender in the Mohawk Valley; and the Delaware County Local Development Corporation and REDEC Relending Corporation (RRC) have been approved as lenders in the Southern Tier.
REDEC/RRC of Corning is “the Southern Tier’s primary revolving loan fund, providing financial and technical as-sistance for startup and expanding busi-nesses located in Chemung, Schuyler, Steuben, and Tioga counties,” according to its website.
Applicants should contact lenders di-rectly, Cuomo’s office said.
“The Development Authority of the North Country recognized the eco-nomic importance of agribusinesses in the North Country and is committed to growing the industry in Jefferson, Lewis, and St. Lawrence Counties,” Michelle Capone, director of regional development at the Development Authority of the North Country, said in the release. “We look for-ward to working with JDA and New York State on this new initiative.”
New York’s farmers and agribusiness owners have “tremendous” ideas, but they often lack the funding to put them to work in ways that can help grow their businesses and strengthen the agriculture economy, New York State Senator Patty Ritchie (R–Heuvelton) said.
“With this program, New York State is committing to allowing those ideas to come to life. It will encourage value-added agriculture, job creation and boost busi-ness and our economy in a way that en-sures success for generations to come,” said Ritchie, who chairs the New York Senate’s Agriculture Committee. n
Lake Placid chosen to host Winter World University Games in 2023 BY ERIC [email protected]
LAKE PLACID — Lake Placid is look-ing ahead to 2023 when the North Country community will host the Winter Universiade (also called the Winter World University Games in English) for the second time.
The International University Sports Federation (FISU) has selected Lake Placid to host the event, which is an Olympics-style competition for univer-sity athletes from around the world.
The Adirondack North Country (ADKNC) global-sports committee and FISU have until June 15 to finalize a formal agreement, the office of Gov. Andrew Cuomo said in a March 5 news release.
Once the contract is signed, work will begin on creating an official organizing committee and a master plan that will include an action plan and final concept to execute the Winter Universiade.
Delegates from the ADKNC glob-al-sports committee and FISU signed a memorandum of understanding at the FISU headquarters in Lausanne, Switzerland, Cuomo’s office said. The negotiations lasted nearly 18 months.
“Lake Placid is the perfect location to host this event, which will showcase the very best of New York and the North County to an international audience,” Cuomo boasted in the release.
Lake Placid first hosted the Winter
World University Games in 1972 and Buffalo hosted the Summer Universiade in 1993.
Lake Placid is also known for hosting the 1980 Winter Olympics, which includ-ed the U.S. men’s hockey team defeating the Soviet Union in a game known as the “Miracle on Ice” before beating Finland to capture the gold medal. Lake Placid hosted the 1932 Winter Olympic Games, also.
New York is the only U.S. state to host the Winter World University Games, ac-cording to Cuomo’s office.
Selection processThe ADKNC global-sports committee
has been working directly with FISU since Sept. 1 to develop a bid that meets the “necessary requirements,” Cuomo’s release said. It didn’t provide specifics.
Members of the FISU site-evaluation committee in February spent a week in the North Country evaluating the bid committee’s plans for hosting the Winter Universiade.
The committee toured and evaluated the sporting facilities, venues, and lodg-ing properties in Plattsburgh, Potsdam, the tri-lakes area (Lake Placid, Saranac Lake, and Tupper Lake), Wilmington, and Gore Mountain.
FISU “continues to be very impressed” by Lake Placid and the Adirondack re-gion, Oleg Matytsin, FISU president, said in Cuomo’s release.
“We are pleased to formalize our dia-
logue with the signing of this memoran-dum of understanding. The [document] clearly demonstrates the willingness of all parties to move towards a suitable hosting agreement. From its outset, the bid has been one of the strongest we have seen. FISU has no doubt that Lake Placid would be a great host for the 2023 Winter Universiade, making a lifelong impact on the thousands of student-ath-letes who would come from all around the world,” said Matytsin.
About the UniversiadeThe Universiade, or World University
Games, organized by FISU, is an inter-national sports and cultural event staged every two years in a different city.
The 11-day winter competition draws more than 2,400 student-athletes to-gether to compete in various disciplines including alpine, freestyle and cross-country skiing, biathlon, speed skating, curling, figure skating, hockey, short track speed skating, and snowboarding.
Optional sports may include ski jump-ing, Nordic combined, ski orienteering, and long track speed skating.
The Universiade would utilize “many” area sport venues for the event, including the Olympic venues managed by the New York State Olympic Regional Development Authority, Cuomo’s office said.
The next Universiade will be in 2019, with the winter games held in Krasnoyarsk, Russia and the summer event hosted by Naples, Italy. n
Maple Producers Offer Farm to Table Opportunity with Maple Weekend
SEE MAPLE, PAGE 10 4WILL BARCLAYViewpoint
10 I BUSINESS JOURNAL NEWS NETWORK I MARCH 12, 2018CNYBJ.COM
Fort Drum’s FY 2017 eco-nomic impact surpasses $1.22 billion BY JOURNAL [email protected]
F ort Drum — home to the U.S. Army’s 10th Mountain Division, a light infantry division — recently
issued an economic-impact statement for the fiscal year (FY) 2017.
Fort Drum’s direct economic impact upon its surrounding community to-taled $1.22 billion in FY 2017, up about $37 million, or 3 percent, from FY 2016. Payroll (military, civilians, contractors, and retirees) increased by $13 million, as the military, civilian, and contractor popu-lation increased from 18,705 to 18,832, according to Fort Drum.
That broke a string of yearly declines in Fort Drum’s population and direct economic-impact dollars from 2011 to 2016.
Fort Drum Mountain Community Homes funding execution increased by about $18.6 million in FY 2017, stemming from the new construction of 155 com-pany grade officer homes.
Fort Drum says it is the largest single-
site employer in Northern New York with 15,110 soldiers and 3,722 civilians (including contractors) working on or near the military installation.
Military and civilian payrolls (includ-ing tenants and contractors) totaled about $731.5 million and $196.1 million, respectively.
Fort Drum says 3,092 retirees from all branches of military service live in
the area (zip codes starting with 136) receiving a total of $5.2 million monthly, or $62.7 million per year, that flows “di-rectly” into the local economy. In addition to military retirees, 278 retiree survivors live in the region and receive a total of $194,000 per month or $2.3 million per year.
Counting all of that, Fort Drum’s total payroll in FY 2017 was $992.7 million.
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syrup and links to curriculum for teach-ers. Cornell Cooperative Extension has also partnered with the maple industry and helps those who would like to start producing syrup or for those who would like to make products with syrup like can-dies or cream. More information on value-added products and maple workshops can be found at: http://blogs.cornell.edu/cornellmaple/.
There is a new opportunity for maple
producers to obtain a “New York State Grown and Certified” label, which is the same label the Department of Agriculture and Markets uses to promote other New York products. This label allows produc-ers to be listed on the state’s search-able database to be marketed to potential customers looking for New York state produce. Producers interested in learning more about how to become New York State Grown & Certified and how to qual-
ify can visit https://certified.ny.gov/ or contact the Department of Agriculture and Markets at (800) 554-4501 or email: [email protected].
In the past, the New York State maple producers have received state funding in the budget to help with educational outreach and tourism opportunities. I support this funding because I have seen firsthand how a small investment can make a big difference
for many farms and small businesses. n
William (Will) A. Barclay is the Republican representative of the 120th New York Assembly District, which encompasses most of Oswego County, including the cities of Oswego and Fulton, as well as the town of Lysander in Onondaga County and town of Ellisburg in Jefferson County. Contact him at [email protected], or (315) 598-5185.
MAPLE: There is a new opportunity for maple producers to obtain a “New York State Grown and Certified” label Continued from page 9
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TCGplayer is now looking to once again bring the entire company together in an enlarged space in the Galleries. It sought and received from the Syracuse Industrial Development Agency approval for sales-tax breaks on purchases needed to make that happen.
InvestorsSuch growth has attracted attention
from potential investors. Hampson has been invited to present before investor groups. “We spent over a year going over the process,” he recalls, before finalizing the $10 million investment from Radian Capital, a New York City–based equity capital firm.
What attracted Hampson to Radian was the firm’s ability to link him up with formal and informal advisors, people with backgrounds at tech successes such as Jet.com and Etsy. “They have knowl-edge,” Hampson says, “they are experts in technology companies that had to ramp up.”
Part of TCGplayer’s due diligence was talking with other companies in which Radian had invested. Radian invited Hampson to ask those clients anything he wanted.
When it came time to decide, Hampson says it was clear Radian shared his com-mitment to getting bigger. “They were only interested in helping us grow.”
Radian gets a share of the company from the investment, but Hampson re-mains the majority shareholder. The in-vestment will also result in TCGplayer having a formal board.
Growth for TCGplayer can come from several sources. As a marketplace, the company serves more than 1,800 brick-and-mortar hobby stores in the trading- card market. That’s less than 20 percent of the 10,000-store market, according to company statistics.
Moreover, TCGplayer’s point-of-sale services have penetrated less than 10 percent of the market.
Beyond that, there are parallel markets where TCGplayer’s model could help sell-ers with other product lines they carry, such as collector comic books, action figures, and board games. Worldwide, that market tops $20 billion, the company says, giving some context to the $250 mil-lion in sales by brink-and-mortar stores that have gone through TCGplayer since it began.
Along with real estate, rapid growth has required TCGplayer to recruit talent. Hampson says that has been helped by the nature of the people who are interest-ed in collector card games. People visiting the company’s website for trading cards will stop by the career page.
That outreach has been capitalized on by the company’s recruiting team that
Hampson called “fantastic,” noting it is headed by a former Lockheed Martin official.
Maintaining and managing all this growth has been demanding on Hampson, 44. He reads management books – sin-gling out classics such as “Good to Great”
and “Built to Last,” as well as more recent books such as “Tribal Leadership” and “Delivering Happiness.”
He also turns to friends and medita-tion to help him deal with the “incredible stress” brought on by such growth.
His advice to aspiring entrepreneurs:
Reach out to people and network. He says moving TCGplayer to downtown Syracuse allowed him to meet and hear from many people, greatly expanding his business knowledge.
“The moment we moved downtown, I really started to learn,” Hampson says. n
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TCGPLAYER: Part of TCGplayer’s due diligence was talking with other companies in which Radian had invested Continued from page 3
Chemung Financial elects three new board membersBY JOURNAL [email protected]
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected three new board members.
Each person will stand for shareholder elec-tion at the bank-ing company’s May annual share-holders’ meeting. All directors of Chemung Financial also serve on the board of its main subsidiary, Chemung Canal Trust Company, the com-pany said in a news release.
Joining the board are: David M. Buicko, of Guilderland, who is president and CEO of the Galesi Group; Denise V. Gonick, of Albany, who is president and CEO of
MVP Health Care; and Jeffrey B. Streeter, of Elmira, who is president of Streeter Associates.
Buicko has served in a variety of roles at the Galesi Group, since joining the company in 1982, including CFO and
COO. In 2016, he was elected presi-dent and CEO. He is responsible for the day-to-day operations of all the company’s di-visions, including
12 million square feet of office and in-dustrial real estate and more than 11,000 apartment units. Buicko also serves as president of Distribution Unlimited, Inc., one of the largest third-party logis-tics companies in the Northeast and is chairman of the board of Green Earth Technologies, a publicly traded company,
per the release.Gonick, during her 22-year tenure at
MVP Health Care, built MVP’s in-house legal and compliance departments, then was promoted to general counsel, chief administrative officer, and later became president of operations. In 2012, she be-came president and CEO of MVP. She was responsible for initiating and completing two major acquisitions and led the trans-formation of MVP into a diversified health care company serving 700,000 members in New York and Vermont, Chemung Financial said.
Streeter joined Streeter Associates in 1995. In 2002, he was named president and currently serves as the third gen-eration of the family to lead the nearly 70-year-old company, which specializesin general contracting, construction man-agement, design-build, and construction-management services, according to the
release. Streeter currently serves on the boards of Southern Tier Economic Growth (STEG), Arnot Health, the Arctic League, the Chemung County Chamber of Commerce, and the Associated General Contractors of New York State Building Board of Governors.
Chemung Financial is a $1.7 billion financial services holding company headquartered in Elmira, operating 34 branches through Chemung Canal Trust. Established in 1833, Chemung Canal Trust says it is the oldest locally owned and managed community bank in New York state. Chemung Financial is also par-ent of CFS Group, Inc., a financial-services subsidiary offering non-traditional ser-vices including mutual funds, annuities, brokerage services, tax preparation ser-vices and insurance, and Chemung Risk Management, Inc., an insurance company based in Nevada. n
12 I BUSINESS JOURNAL NEWS NETWORK I MARCH 12, 2018CNYBJ.COM
THE LISTResearch by Vance Marriner
[email protected](315) 579-3911
Twitter: @cnybjresearch
Net Change in Private-Sector Jobs in CNY metro areas, December 2016-December 2017
Metro Areas Net Change
New York State 111,700
Syracuse 3,600
Ithaca 1,800
Utica-Rome 1,200
Watertown-Fort Drum 700
Binghamton 600
Elmira -900
Source: New York State Department of Labor
UPCOMING LISTSMarch 19Architects/Landscape Architects
March 26Craft Breweries
ABOUT THE LISTInformation was provided by representa-tives of listed organizations and their websites. Other groups may have been eligible but did not respond to our re-quests for information. Organizations had to complete the survey by the deadline to be included on the list. While The Business Journal strives to print accurate informa-tion, it is not possible to independently verify all data submitted. We reserve the right to edit entries or delete categories for space considerations.
Central New York consists of Broome, Cayuga, Chemung, Chenango, Cortland, Herkimer, Je� erson, Lewis, Madison, Oneida, Onondaga, Oswego, St. Lawrence, Seneca, Tioga, and Tompkins counties.
NEED A COPY OF A LIST?Electronic versions of all our lists, with additional � elds of information and survey contacts, are available for purchase at our website: cnybj.com/Lists-Research
WANT TO BE ON THE LIST?If your company would like to be consid-ered for next year’s list, or another list, please email [email protected]
MARCH 12, 2018 I BUSINESS JOURNAL NEWS NETWORK I 13CNYBJ.COM
MARCH 12, 2018VOL. XXXII, NO. 10
NEWS EDITOR-IN-CHIEF
Adam [email protected]
ASSOCIATE EDITORMaria J. Carbonaro
STAFF WRITERSEric Reinhardt
CONTRIBUTING WRITERCharles McChesney
CREATIVE DIRECTORErin Zehr
RESEARCH DIRECTORVance Marriner
COLUMNISTSWill Barclay
Lee HamiltonTom Morgan
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OPINION
T he United States is poking a thumbin OPEC’s eye. It feels good.
The oil producing countries of OPEC humiliated this country in 1973-74. They stopped selling oil to us. They did so because we sold weapons to Israel — for its war against Syria and Egypt.
Led by the Saudis, the cartel quadrupled the price of oil. This wreaked all sorts of havoc in this country and the world. Some
believe it helped cause our stock market to crash.
There were two or more sides to the issue. What hurt was that OPEC nations used oil as a weapon. They showed no mercy. They shrugged as their high prices caused turmoil in Europe and America. And we could do little about it, because we had allowed our own oil production to fall. And we had allowed ourselves to be dependent upon importing oil from the OPEC countries. They turned out to be not dependable. They humiliated America. They made us beg, on the world stage.
The shoe is on the other foot these days. American ingenuity has discovered and brought vast quantities of oil and natu-ral gas to the market. The abundance is enough to heavily influence oil prices that OPEC used to control. Our frackers have
de-fanged OPEC.The Saudis recently tried to counter
this. They tried to control prices again — to drive our frackers out of business. More American ingenuity to the rescue. The fracking industry can now throttle back and rev up at speeds that were impossible a few years ago.
American frackers consolidated. They survived. They found ways to remain prof-itable at the low prices the Saudis jiggered to hurt this country. As soon as prices rose a bit they ramped up their produc-tion. In other words, they humiliated the Saudis and OPEC. Those countries de-served a bit of humiliation. They declared themselves to be virtually our enemies those many years ago.
This has been American entrepreneur-ial genius at its best. In a mere eight years, our oil producers nearly doubled their pro-duction. Their output continues to grow.
And so, we are no longer dependent on OPEC. We compete with OPEC. We are now exporting up to 2 million barrels of oil a day. China is a major customer. We are shipping natural gas to Europe. This forces Russia to lower its prices. It keeps Russia from using its gas and oil as weap-ons there.
History will show that this miracle came from our capitalism. (In socialist Venezuela, oil production is shrinking.) History will also show that the Obama ad-ministration tried to thwart the American oil miracle. The Trump administration is working hard to encourage it — by revers-ing many of the Obama energy policies.
History will also treat the pessimists poorly. For decades, they declared we had reached peak oil and gas. President Jimmy Carter led pessimists when he declared the world was simply and rap-idly running out of oil and gas. The green activists fed him bunk and he chastised Americans with that bunk.
Carter and the greens ridiculed opti-mists. They scoffed at those who said the world had abundant oil and gas, waiting to be discovered. They predicted famine and economic collapse as the supplies of oil and gas shrunk.
Right. Our natural gas reserves have “shrunk” so much we only have about 93- years-worth in known reserves today. And our known reserves of oil keep growing.
Meanwhile, we keep finding ways to do more using less energy. The result? Doomsday — when we will run short of oil and gas — has been pushed out many years. Way beyond your lifetime. Enough years that there is no question earthlings will develop replacements by then.
Our frackers have reduced the chances of us going to war in the Middle East. Back when OPEC was humiliating us, we needed to protect their countries. Because they ran our oil lifeline. That era has passed. And not before time.
From Tom…as in Morgan. n
Tom Morgan writes about political, finan-cial, and other subjects from his home in upstate New York. You can write to Tom at [email protected]. You can read more of his writing at tomasinmorgan.com
Poke in the Eye from U.S. Ingenuity
Where To Start? Fix the Budget ProcessY ou could choose any number of
marquee dilemmas to illustrate how broken Congressional poli-
tics has become. Guns, Russian in-terference, climate change — Americans want progress on all of them and get little from Capitol Hill. But to my mind, nothing illustrates the dire state of our politics better than how we act on the federal budget.
The budget is our operating system; it determines what the government does. Yet, we are saddled these days with an irresponsible process that produces irresponsible budgets. Congressional leaders have managed to push both the experts and the vast majority of their own members out of the loop. We pay an enormous price for this.
Federal departments and agencies cannot plan effectively. People, business-es, and organizations that receive fed-eral money cannot plan ahead — eroding their confidence in the system. And year after year, we fail to face up to the prob-lems confronting us, such as an aging population, the security of our nation,
our inability to deal with the changing speed and technology of warfare, rising health-care costs, slow wage and produc-tivity growth, natural disasters, and huge increases in the national debt. Punting on the budget means that the meaningful solutions we need don’t get crafted.
Why have we set aside a process that was developed over more than two cen-turies and that for many decades enabled the government to do what it ought and to pay for it responsibly? Extreme par-tisanship bears much blame. We don’t work together to solve problems; re-spectful deliberation and civil discourse have come to a halt. I don’t think the president and the Congress can func-tion effectively unless they work across partisan, ideological, and geographic di-visions to restore compromise and nego-tiation to a central role in governing.
That’s because the budget is where all our differences on the major issues come to a focus. It’s where our political leaders establish priorities, debate them, and ought to resolve them. There is no more crucial test of the ability to govern.
So, we’ve set aside a process that worked reasonably well and substituted a process that falls short in every way. Congress is now basically populated by politicians who have never experienced a good process — let alone developed the
skills to make it work. What may be most worrisome is that few people on Capitol Hill seem to care about this.
But if they don’t, you should. And you should let them know that you do. n
Lee Hamilton is a senior advisor for the Indiana University (IU) Center on Representative Government, distinguished scholar at the IU School of Global and International Studies, and professor of practice at the IU School of Public and Environmental Af fairs. Hamilton, a Democrat, was a member of the U.S. House of Representatives for 34 years, representing a district in south central Indiana.
TOM MORGAN Money Talk
We want to find politicians who respect and look for the facts, not simply the facts as they wish them to be. “
“
LEE HAMILTON
Opinion
14 I BUSINESS JOURNAL NEWS NETWORK I MARCH 12, 2018CNYBJ.COM
BUSINESS CARD GALLERY
MARCH 14
n Oswego Fulton Chamber of Commerce Business After Hours event from 5 to 6:30 p.m. at Canale Insurance and Accounting, 234 E. Albany St., Oswego. Enjoy live music, food, and beverages provided by host, Canale Insurance and Accounting, while networking with other business professionals. For details, visit www.oswegofultonchamber.com
n SheFORWARD from 5:30 to 7 p.m. at The Century Club, 480 James St., Syracuse. Event fea-tures a discussion with Kimberly Boynton, presi-dent and CEO at Crouse Health. SheFORWARD is a mastermind group that focuses on women and leadership. SheFORWARD is led by Emergent’s certified coaches, Cindy Masingill, & Cathy Gaynor. No charge to attend the event. Visit https://getemergent.com/events/shefor-ward-4/ for details and registration information.
n Educational Seminar: Family Leave from 8:30 a.m. to noon at Cayuga County Chamber of Commerce, 2 State St., Auburn. Visit www.cayugacountychamber.com for details.
n Tompkins County Chamber March Business After Hours event from 5 to 7 p.m. at Atlas Bowl in Trumansburg. The cost is $10 for members (pre-registered), $15 for members (at the door), and $25 for nonmembers. For more information, visit tompkinscounty.org or contact Cassandra Jenis at [email protected]
MARCH 15
n Greater Oneida Chamber of Commerce After Hours event from 5 to 7 p.m. at the HipStir Café, 125 Farrier Ave., Oneida. The event is free for chamber members and their employ-ees; it’s $10 for nonmembers. RSVP to [email protected]
MARCH 1518
n Central New York Home and Garden Show 2018 at the New York State Fairgrounds in Geddes. Hours are March 15, 4 to 7 p.m.; March 16, noon to 7 p.m.; March 17,10 a.m. to 7 p.m.; and March 18, 10 a.m. to 5 p.m. One the larg-est events of its kind in the Northeast, it offers attendees the opportunity to visit hundreds of exhibitors showcasing trends in home reno-vations, remodeling, and landscaping. Visit CNYHomeandGarden2018.com for details. Tickets are $10 at the door, good for day of pur-chase. Parking is free, with free shuttle bus ser-vice from parking lots to the Center of Progress and Exhibit Center.
MARCH 16
n Women in Business Roundtable March 2018 from 3 to 4:30 p.m. at Tompkins County Chamber of Commerce, 904 East Shore Drive, Ithaca. No cost to attend. For more informa-tion, visit TompkinsCounty.org or contact Steph
Bailey at [email protected]
n Cybersecurity for Manufacturers: Fundamentals, Impacts and Case Studies from 11:30 a.m. to 1 p.m. at the TDO office at 445 Electronics Parkway, Ste. 102, Liverpool. Event will help attendees to understand basic cybersecurity principles, methods, and the roles of people, process, and technology to help pro-tect their business. Registration cost is $25 and includes lunch. For more information, contact Brian Friedman at [email protected] or (315) 425-5144, ext. 315.
MARCH 21
n CenterState CEO Speed Networking event from 8 to 10 a.m. at TERACAI, 217 Lawrence Road E., North Syracuse. Bring your business cards and engage in small group dialogue while building relationships with other CenterState CEO members. Breakfast provided by Peppino's Restaurant & Catering Company. Please pre-register. Member tickets are $15; nonmembers pay $25. Visit www.CenterStateCEO.com for registration informa-tion and details.
MARCH 22
n Book of Lists Reveal Party from 5 to 7 p.m. at the Genesee Grande, 1060 E. Genesee St, Syracuse. This reveal party highlights the first look at the new Book of Lists. Tickets are $25 each. For details and registration information, visit www.BizEventz.com or call (315) 579-3917 or (315) 579-3918.
n Small Business Startup Workshop from 10 a.m. to 4 p.m. at SUNY Poly in Utica. Taught by Mohawk Valley Small Business Development Center (SBDC) business advisers, the course seeks to provide a comprehensive understand-ing of business startup information. The fee for this session is $75 and it’s open to the public. Pre-registration and payment are required. Contact the SBDC at (315) 792-7547 or email [email protected] to register.
MARCH 23
n Developing Supervisors Workshop from 8 to 11:30 a.m. at OneGroup, 706 N. Clinton St., Syracuse. CNY ATD will provide insights to help successfully transition from individual contribu-tor to supervisor. The facilitator will be Cindy Masingill, Emergent, LLC. The cost for members is $45; nonmembers pay $60. To register, visit www.cnyatd.org. For more information, call (315) 546-2783 or email: [email protected]
n Preparation for New York State Notary Exam seminar from 9:30 a.m. to 12:30 p.m. at SUNY Oswego’s Office of Business and Community Relations, 121 East First St. in downtown Oswego. Alfred Piombino, author of “Notary Public Handbook: A Guide for New York,” will lead the workshop, which aims to properly prepare attendees for the duties,
authority, and responsibility of holding a New York State notary commission. The cost of the workshop is $129, which includes a copy of the “Notary Public Handbook.” Online registration is available at oswego.edu/notary. For more infor-mation, call (315) 312-2270 or email [email protected]
n Preparing for ISO 9001:2015 from 11:30 a.m. to 2 p.m. at the TDO office at 445 Electronics Parkway, Ste. 102, Liverpool. Are you ready for the significant changes and new re-quirements? Is there still time to transition from ISO 9001:2008 to ISO 9001:2015? These ques-tions and more will be answered. Presented by TDO’s Alan Lane, certified lead auditor. The cost is $25. Lunch will be provided. For more information, contact Brian Friedman at (315) 425-5144 or email: [email protected]
MARCH 28
n Nonprofit Awards 2018 from 11 a.m. to 2 p.m. at the Holiday Inn Syracuse-Liverpool-Exit 37 Hotel. This event highlights the achieve-ments of honorees in several categories, net-working, and the opportunity to learn more about what is happening in the CNY nonprofit community. The cost is $45. For details and reg-istration information, visit www.BizEventz.com or call (315) 579-3917 or (315) 579-3918.
MARCH 29
n Annual State of the City and County Luncheon from 11:30 a.m. to 1 p.m. at the Holiday Inn, 75 North St., Auburn. Tickets cost $40. To register or obtain more information, visit www.CayugaCountyChamber.com
APRIL 10
n 42nd Annual Crystal Ball / SMEA Ceremony from 5:30 to 11:30 p.m. at the Marriott Syracuse Downtown, 100 E. Onondaga St., Syracuse. Kimberly Boynton, president & CEO of Crouse Health, has been chosen as the 2018 Crystal Ball recipient. The cost for CNYSME members is $75; nonmembers pay $95. For more information, visit www.cnysme.org
APRIL 18
n 16th Annual WISE Symposium 2018 at SKY Armory, 351 S. Clinton St., Syracuse. This event is for up-and-coming entrepreneurs and those active in the business community — including corporate leaders, aspiring business owners, people interested in professional development and networking, and those with ventures at any stage of growth. For details and registration information, visit http://wisecenter.org/the-symposium or email: [email protected]
APRIL 19
n 2018 CenterState CEO Annual Meeting from noon to 1:30 p.m. at Onondaga Community College, SRC Arena. This event is a gathering of business and community leaders in the region. It also celebrates the Business of the Year Awards, recognizing outstanding CNY businesses and organizations in five categories. The cost for CenterState CEO members is $70
per person; the cost for nonmembers is $85 per person. For more information, visit http://www.centerstateceo.com/news-events/2018-centerstate-ceo-annual-meeting
n The 21st Century Inclusive Workforce event from 8 to 10:30 a.m. at WCNY, 415 W. Fayette St., Syracuse. CNY ATD will discuss and demonstrate attitudes and behaviors that create an atmosphere of inclusiveness in organizations where everyone feels welcome and valued. The cost for ATD members is $25; it’s $40 for nonmembers. For more information or to register, visit cnyatd.org or call (315) 546-2783 or email: [email protected]
MAY 3
n Mohawk Valley Legacy Awards from 5:30 to 8:30 p.m. at the Stanley Theater, Utica. This is a formal awards event celebrating families and businesses who have made a tremendous impact in the Mohawk Valley. The cost to attend is $75. For details and registration information, visit www.BizEventz.com or call (315) 579-3917 or (315) 579-3918.
ONGOING EVENTS
n Every Tuesday, Cayuga Toastmasters Club from 6 to 7 p.m., at Cornell University, Ithaca, Rhodes Hall, Hoy Road, 6th Floor Conference Room #655. Free parking is available on first floor of parking garage across from Rhodes Hall. For more information, visit the website at 4998.toastmastersclubs.org and select “Contact Us,” or email: Jeff at [email protected]
n Every Tuesday, Gung Ho Referrals Group, the premier networking group in CNY since 1999, from noon to 1:30 p.m. at The Gem Diner, 832 Spencer St., Syracuse. The cost is $10 and includes lunch. No reservation required. Please bring 30 business cards. For more information contact Paul Ellis at (315) 475-0392 or email [email protected] or go to www.GungHoReferrals.com
n Every Tuesday, CNY Referral Group from 8 to 9:30 a.m. at Denny’s Restaurant, 201 Lawrence Road, North Syracuse. Looking to expand your network and increase referral business? For more information, call Matthew Hunt at (315) 416-8881, or email: [email protected]
n Every Tuesday, Syracuse Executives Association luncheon meeting, beginning at 11:45 a.m. at Bella Domani Banquet Facility, 5988 East Taft Road, North Syracuse. For more information, contact Linda Bennett, executive director, by email at: [email protected]
n Every Tuesday, Syracuse Networking Connections at 8 a.m. at Dunkin’ Donuts, 7th North St. (Conference Room). No charge to at-tend. Contact Kim at (315) 414-8223.
n Every Wednesday, 1 Million Cups at 9 a.m. at Syracuse CoWorks, 201 E. Jefferson St., 2nd
CONTINUED ON PAGE 15 4
10 I BUSINESS JOURNAL NEWS NETWORK I JANUARY 29, 2018CNYBJ.COM
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DECEMBER 12
n Family Business Awards of CNY from 7:30 to 10:30 a.m. at theGenesee Grand Hotel. The keynotespeaker will be Renée Downey Hart,of Le Moyne College. To register toattend, visit bizeventz.com or for fur-ther information, contact Jill Allen [email protected]
n 2017 Innovation Celebration from 2 to 8 p.m. at the CNY BiotechAccelerator, 841 E. Fayette St.,Syracuse. The event will include
pitches from GENIUS NY’s top six finalists, a panel discussion on build-ing an effective board of directors, and top-notch networking with investors, entrepreneurs, and busi-ness leaders from across the region. Contact Bailey Burke at Upstate Capital Association of New York, Inc. at (518) 320-2746 or email [email protected] for details.
DECEMBER 13
n 54th Annual Meeting of the University Hill Corporation from
noon to 1:30 p.m. in the Grand Ballroom at Drumlins Country Club, 800 Nottingham Road, Syracuse. Matthew J. Driscoll, acting execu-tive director of the New York State Thruway Authority, will be the fea-tured speaker. David Mankiewicz, president of the University Hill Corporation, will give the annual report. Tickets are $40. For more in-formation, contact Kristine Sherlock at [email protected] or (315) 475-7244.
n Research & Technology Forum from 3:30 to 5 p.m., receptionto follow at SyracuseCoE, 727 E.Washington St., Room 203, Syracuse,and via webinar. The there themeis “Climate Reality + EmergingTechnologies = Drivers for BuildingScience Research.” Explore howrapidly changing climate is chang-ing research needs for buildingscience. Presented by Ian Shapiro,chairman, Taitem Engineering. This forum will be moderated byEd Bogucz, executive director,SyracuseCoE and associate professorof Syracuse University’s College ofEngineering and Computer Science,Dept. of Mechanical and AerospaceEngineering. For details and registra-tion information, email [email protected] at SyracuseCoE.
n SCORE Series of Workshops on Simple Steps of Well Run Businesses from 6 to 8 p.m. at theEast Side Business Center, 1201 E.Fayette St., Syracuse. Subsequentsessions will be on Dec. 20 and Dec.27. The three sessions are how tooperate a business, navigate thebusiness life cycle, and communicateeffectively with others. The cost is$75, free to veterans. Call (315) 471-9393 x245 with questions or to signup.
JANUARY 10
n CenterState CEO 2018 Economic Forecast Breakfast from 8 to 9:30a.m. at the Holiday Inn Syracuse-Liverpool-Exit 37 at 441 ElectronicsParkway, Liverpool. Join hundredsof fellow CenterState CEO members,business leaders, and executivesfor the presentation of the region’s2018 Economic Forecast. The key-note speaker will be Gary Keith, VPand chief economist at M&T Bank.For more information, visit www.CenterStateCEO.com
JANUARY 16
n Sharing the BEST from 8 to 10:30a.m. at OneGroup, 706 N Clinton St.,Syracuse. CNY ATD hosts a sharing ofinformation and experiences of a di-versity of talent-development prac-tices including sales enablement,career development, internships,and leadership development. The
cost for members is $25; nonmem-bers pay $40. To register, visit www.cnyastd.org or call (315) 546-2783 or email: [email protected]
JANUARY 26
n Believe in Syracuse’s 5th Birthday Party from 5:30 to 9 p.m.at the Landmark Theatre. The eventcelebrates Syracuse, featuring localfood and beverage vendors, freebirthday cake, and live music. Ticketsare $10. For more information, visithttp://www.believeinsyracuse.org/birthday
ONGOING EVENTS
n Every Tuesday, Cayuga Toastmasters Club from 6 to 7p.m., at Cornell University, Ithaca,Rhodes Hall, Hoy Road, 6th FloorConference Room #655. Free parkingis available on first floor of parkinggarage across from Rhodes Hall. Formore information, visit the websiteat 4998.toastmastersclubs.org andselect “Contact Us,” or email: Jeff [email protected]
n Every Tuesday, Gung Ho Referrals Group, the premier net-working group in CNY since 1999,from noon to 1:30 p.m. at The GemDiner, 832 Spencer St., Syracuse.The cost is $10 and includes lunch.No reservation required. Pleasebring 30 business cards. For moreinformation contact Paul Ellis at(315) 475-0392 or email [email protected] or go towww.GungHoReferrals.com
n Every Tuesday, CNY Referral Group from 8 to 9:30 a.m. at Denny’sRestaurant, 201 Lawrence Road,North Syracuse. Looking to expandyour network and increase referralbusiness? For more information, callMatthew Hunt at (315) 416-8881, oremail: [email protected]
n Every Tuesday, Syracuse Executives Association luncheonmeeting, beginning at 11:45 a.m. atBella Domani Banquet Facility, 5988East Taft Road, North Syracuse. Formore information, contact LindaBennett, executive director, by emailat: [email protected]
n Every Tuesday, Syracuse Networking Connections at 8 a.m.at Dunkin’ Donuts, 7th North St.(Conference Room). No charge to at-tend. Contact Kim at (315) 414-8223.
n Every Wednesday, 1 Million Cups at 9 a.m. at SyracuseCoWorks, 201 E. Jefferson St., 2ndfloor, Syracuse. 1 Million Cups isa weekly educational programdesigned to engage, educate,and accelerate local startups/unique businesses. No cost to at-tend. For more information, visitwww.1millioncups.com/syracuse
n Every Wednesday, Syracuse Business Networking from 6 to 7p.m. at Barbieri’s Restaurant (upstairslevel) located on Main Street in the
village of North Syracuse. For more information, call Kim Bachstein at (315) 414-8223 or email: [email protected]
n First and third Wednesday of each month, Preferred Toastmasters from noon to 1 p.m. atGolden Artist Colors, 188 Bell Road,New Berlin. Contact Jonie Bassett at(607) 847-6154, x1217.
n Fourth Wednesday of each month, Preferred Toastmasters from 5:30 to 6:30 p.m. at ChenangoCounty Council of the Arts, 27 W.Main St., Norwich. Contact JonieBassett at (607) 847-6154, x1217.
n Every Thursday, Free Business Counseling with SCORE from 10 to 11:30 a.m. at the Tioga County Chamber of Commerce, 80 North Ave., Owego. Contact the Tioga County Chamber of Commerce to make an ap-pointment at (607) 687-2020.
n Every Thursday, Syracuse Business Connections meetsfrom 8am - 9 am in E. Syracuse.The group’s purpose is to network,exchange referrals, leads and sharecommunity news. For more informa-tion, contact Deb Angarano at [email protected]
n Every second and fourth Thursday of the month, The North Star Toastmasters from noon to 1p.m. at Northland CommunicationsOne Dupli Park Drive in FranklinSquare. For more information,contact Sandy Jurkiewicz at [email protected] or call(315) 470-1802.
n Every Friday, Tip Club of Syracuse, at the Sheraton SyracuseUniversity Hotel, 801 University Ave.,Syracuse, 8 to 9 a.m. Call BernieBregman at (315) 430-5249 or email:[email protected]
n First Friday of each month, Toolkit Day with SCORE by ap-pointment at The Tech Garden. Counselors provide free, confiden-tial, individual business mentoringto prospective or current businessowners. For more information or tomake an appointment, contact LynnHughes at (315) 579-2862 or [email protected]
n Every second Friday, TheProfessional Consultants Association(PCA) of Central New York at 8:15 a.m.from September to June at OneGroup Center, 706 N. Clinton St., Syracuse. PCA helps businesses and organiza-tions locate professional consulting services based in CNY. The first visit is free. For a full schedule and to register, visit, www.pcaofcny.com
n Every second and fourth Friday of each month, The SUN Group (Sustainable Upstate Network)meets from 7:30 to 9 a.m. at Tony’sFamily Restaurant, 3004 Burnet Ave.,Syracuse. For more information, con-tact Andy Picco at (315) 657-0135 oremail: [email protected]
Business Calendar
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Brian LeeProfessional Employer Consultant149 Northern ConcourseN. Syracuse, N.Y. 13212315-641-3600 x122Fax: 315-641-3601800-31-STAFF (78233)[email protected]
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KeyCorp raises dividend for a second time this yearBY JOURNAL [email protected]
K eyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York
area — recently boosted its quarterly cash dividend by 11 percent to 10.5 cents per share of its common stock.
The dividend, up from the 9.5 cents that Key paid last quarter, is payable on Dec. 15, to holders of record
as of the close of business on Nov. 28.This marks the second dividend increase that
KeyCorp has initiated in 2017, following a 12 percent hike in the second quarter.
Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services com-panies, with assets of $136.7 billion as Sept. 30.
In the 16-county CNY region, KeyBank had 68 branches and nearly $4.3 billion in deposits, good for a 14.42 percent market share, according to the latest FDIC statistics as of June 30. n
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Business CalendarFEBRUARY 1
n It’s Not Business (or Government) as Usual at 6 p.m. at Panasci Family Chapel, Le Moyne College. Syracuse Mayor Ben Walsh will discuss how creating strong bonds between business, government, and education yields meaningful and measurable results for municipalities. For more information, call (315) 445-4280.
FEBRUARY 8
n Creating a Positive Work Environment from 8:30 to 9:30 a.m. at 235 Harrison St., Syracuse. Presented by Pinnacle Human Resources, LLC, this information session will focus on proac-tive steps that managers can take to reduce or eliminate sexual harassment in the workplace. For details, visit www.CenterStateCEO.com or email: [email protected]
FEBRUARY 9
n Transformational Communication Workshop from 8:30 a.m. to 4:30 p.m. at the Owego Treadway Conferencce Center, 1100 State Rt. 17C, Owego. This interactive, day-long workshop will guide you to devel-op constructive styles of communication. The workshop facilitator will be Richard Orth. Presented by Tioga County Chamber of Commerce, the cost for members is $100 (it’s $125 for nonmembers). Register at TiogaChamber.com or call (607) 687-2020.
FEBRUARY 12
n Effective Evaluations from 8 to 10:30 a.m. at OneGroup, 706 N. Clinton St., Syracuse. CNY ATD will discuss assessing behavioral changes and new skill imple-mentation following talent-development initiatives. The cost for members is $25; nonmembers pay $40. To register, visit www.cnyastd.org. For more information, call (315) 546-2783 or email: [email protected]
FEBRUARY 13
n GOFCC 2018 Annual Meeting – DIVERSIFY. PIVOT. GROW from noon to
1:30 p.m. at the Greater Oswego-Fulton Chamber of Commerce, 23 E. First St., Oswego. Join the Greater Oswego-Fulton Chamber of Commerce (GOFCC) for a gathering of business and community leaders. Jeff Knauss, co-founder of Digital Hyve, will speak on how his company and experiences relate to this year’s theme. The chamber will also present annual awards to deserving members. The cost for GOFCC members is $39; nonmembers pay $49. CenterState CEO members are eligible for member pricing. For registra-tion information and details, visit www.CenteerStateCEO.com or email: [email protected]
FEBRUARY 14
n CEO Presents: Dr. Robert Corona from 8-9:30 a.m. at the CNY Biotech Accelerator, 841 E Fayette St., Syracuse. This biannual speaker series features Dr. Robert Corona, professor and chair of pathology, chief innovation officer, and associate dean for academic and indus-try affairs at Upstate Medical University. Corona will share his outlook on how SUNY Upstate Medical University is lead-ing biotech business innovation, and why SUNY Upstate matters to the economic development of Central and Northern New York. Cost is $30 for CenterState CEO members, $45 for non-members. For more information or to register, contact Lisa Metot at (315) 470-1870 or [email protected]
FEBRUARY 27
n Introduction to Exporting - Lunch & Learn from noon to 1:30 p.m. at the Greater Oswego-Fulton Chamber of Commerce, 23 E. First St., Oswego. A presentation will be given by Steven King, director of the Central New York International Business Alliance (CNYIBA). Lunch will be provided. For registra-tion information and details, visit www.CenterStateCEO.com
MARCH 23
n Developing Supervisors Workshop from 8 to 11:30 a.m. at OneGroup, 706
N. Clinton St., Syracuse. CNY ATD will provide insights to help successfully transition from individual contributor to supervisor. The facilitator will be Cindy Masingill, Emergent, LLC. The cost for members is $45; nonmembers pay $60. To register, visit www.cnyatd.org. For more information or details, call (315) 546-2783 or email: [email protected]
APRIL 18
n 16th Annual WISE Symposium 2018 at SKY Armory, 351 S. Clinton St., Syracuse. This event is for up-and-coming entrepreneurs and those active in the business community — including corporate leaders, aspiring business owners, people interested in professional development and networking, and those with ventures at any stage of growth. For details and registration information, visit http://wisecenter.org/the-symposium or email: [email protected]
APRIL 19
n 2018 CenterState CEO Annual Meeting from noon to 1:30 p.m. at Onondaga Community College, SRC Arena, Syracuse. This event is a gather-ing of business and community lead-ers in the region. It also celebrates the Business of the Year Awards, recognizing outstanding CNY businesses and orga-nizations in five categories. The cost for CenterState CEO members is $70 per person; the cost for nonmembers is $85 per person. For more information, visit http://www.centerstateceo.com/news-events/2018-centerstate-ceo-annual-meeting
ONGOING EVENTS
n Every Tuesday, Cayuga Toastmasters Club from 6 to 7 p.m., at Cornell University, Ithaca, Rhodes Hall, Hoy Road, 6th Floor Conference Room #655. Free parking is available on first floor of park-ing garage across from Rhodes Hall. For more information, visit the website at 4998.toastmastersclubs.org and select “Contact Us,” or email: Jeff at [email protected]
n Every Tuesday, Gung Ho Referrals Group, the premier networking group in CNY since 1999, from noon to 1:30 p.m. at The Gem Diner, 832 Spencer St., Syracuse. The cost is $10 and in-
cludes lunch. No reservation required. Please bring 30 business cards. For more information contact Paul Ellis at (315) 475-0392 or email [email protected] or go to www.GungHoReferrals.com
n Every Tuesday, CNY Referral Group from 8 to 9:30 a.m. at Denny’s Restaurant, 201 Lawrence Road, North Syracuse. Looking to expand your net-work and increase referral business? For more information, call Matthew Hunt at (315) 416-8881, or email: [email protected]
n Every Tuesday, Syracuse Executives Association luncheon meeting, be-ginning at 11:45 a.m. at Bella Domani Banquet Facility, 5988 East Taft Road, North Syracuse. For more information, contact Linda Bennett, executive direc-tor, by email at: [email protected]
n Every Tuesday, Syracuse Networking Connections at 8 a.m. at Dunkin’ Donuts, 7th North St. (Conference Room). No charge to attend. Contact Kim at (315) 414-8223.
n Every Wednesday, 1 Million Cups at 9 a.m. at Syracuse CoWorks, 201 E. Jefferson St., 2nd floor, Syracuse. 1 Million Cups is a weekly educational program designed to engage, educate, and accelerate local startups/unique businesses. No cost to attend. For more information, visit www.1millioncups.com/syracuse
n Every Wednesday, Syracuse Business Networking from 6 to 7 p.m. at Barbieri’s Restaurant (up-stairs level) located on Main Street in the village of North Syracuse. For more information, call Kim Bachstein at (315) 414-8223 or email: [email protected]
n First and third Wednesday of each month, Preferred Toastmasters from noon to 1 p.m. at Golden Artist Colors, 188 Bell Road, New Berlin. Contact Jonie Bassett at (607) 847-6154, x1217.
n Fourth Wednesday of each month, Preferred Toastmasters from 5:30 to 6:30 p.m. at Chenango County Council of the Arts, 27 W. Main St., Norwich. Contact Jonie Bassett at (607) 847-6154, x1217.
n Every Thursday, Free Business Counseling with SCORE from 10 to 11:30 a.m. at the Tioga County Chamber of Commerce, 80 North Ave., Owego. Contact the Tioga County Chamber of Commerce to make an appointment at (607) 687-2020.
n Every Thursday, Syracuse Business Connections meets from 8am - 9 am in E. Syracuse. The group’s purpose is to network, exchange referrals, leads and share community news. For more information, contact Deb Angarano at [email protected]
n Every second and fourth Thursday of the month, The North Star Toastmasters from noon to 1 p.m. at Northland Communications One Dupli Park Drive in Franklin Square. For more information, contact Sandy Jurkiewicz at [email protected] or call (315) 470-1802.
n Every Friday, Tip Club of Syracuse, at the Sheraton Syracuse University Hotel, 801 University Ave., Syracuse, 8 to 9 a.m. Call Bernie Bregman at (315) 430-5249 or email: [email protected]
n First Friday of each month, Toolkit Day with SCORE by appointment at The Tech Garden. Counselors provide free, confidential, individual business mentor-ing to prospective or current business owners. For more information or to make an appointment, contact Lynn Hughes at (315) 579-2862 or email [email protected]
n Every second Friday, The Professional Consultants Association (PCA) of Central New York at 8:15 a.m. from September to June at OneGroup Center, 706 N. Clinton St., Syracuse. PCA helps businesses and organizations locate professional consulting services based in CNY. The first visit is free. For a full schedule and to register, visit, www.pcaofcny.com
n Every second and fourth Friday of each month, The SUN Group (Sustainable Upstate Network) meets from 7:30 to 9 a.m. at Tony’s Family Restaurant, 3004 Burnet Ave., Syracuse. For more information, contact Andy Picco at (315) 657-0135 or email: [email protected]
Business Calendar
MARCH 12, 2018 I BUSINESS JOURNAL NEWS NETWORK I 15CNYBJ.COM
ACCOUNTING
Firley, Moran, Freer & Eassa, CPA, P.C. has pro-moted RICHARD SMITH and NICOLE WOODALL to principal. Smith joined the firm in July 2015 and has dedicated more than 15 years to the public ac-counting profession gain-ing tax experience with Deloitte Tax and Pricewa-terhouseCoopers, accord-ing to his LinkedIn profile, and more than two years in Firley, Moran’s tax de-partment. Prior to joining Firley, Moran, he focused much of his at-tention on multi-state tax services. Smith is a CPA and holds a bachelor’s degree in accounting and an MBA from SUNY Os-wego. Woodall joined the firm in January 2017 and has more than 21 years of public accounting experience, primarily with PwC in Cleveland/Akron, Ohio and New York City, according to her LinkedIn profile. She is a CPA and earned a bachelor’s degree in accounting from SUNY Oswego.
ADVERTISING, MARKETING & PR
Pinckney Hugo Group has hired KRISTIN DOWSLAND as a junior art director, and KELLY FALCONER as an as-sistant account manager. Dowsland has a bachelor’s degree in communications from the Le Moyne Col-lege. Falconer has an MBA and a bachelor’s degree in communications from Le Moyne College.
EDUCATION & TRAINING
KAITLYN TOTTEN recently joined LAUNCH as a LIFE counselor. She is a gradu-ate of Niagara University with a bachelor’s degree in criminology and crimi-nal justice and a minor in sociology. Before join-ing LAUNCH, Totten lived in Florida and worked as a direct support/overnight train-
er for East Coast Habilitation Options, Inc. She worked directly with individuals with disabilities to help them become more inde-pendent. LIFE is a community habilitation program that assists individuals with devel-opmental disabilities with becoming more independent in their daily lives.
ENGINEERING
Barton & Loguidice D.P.C. (B&L) has announced several promotions. WEN-DELL R. BUCKMAN has been promoted to senior managing engineer. He received his associate de-gree in engineering science from Alfred State College and his bachelor’s degree in civil engineering from Clemson University. AN-THONY P. DARIN has been promoted to senior VP. He received his associate degree in engineering sci-ence from SUNY Canton and his bachelor’s degree in civil engineering from Union College. TAYLOR J. JENNINGS has been pro-moted to project engineer in the Watertown office. He received his bachelor’s degree in civil engineering from Clarkson University. DAVID P. MITCHELL has been promoted to manag-ing engineer. He received both his associate degree in architectural engineering technology and his bach-elor’s degree in structural design and construction engineering technology from Pennsylvania State University. BRIAN M. NICH-OLSON has been promoted to project engineer. He has a bachelor’s degree in en-vironmental resources en-gineering from SUNY-ESF. ERIC A. POND has been promoted to senior VP. He holds an associate degree in engineering science from SUNY Jefferson and both his bachelor’s and master’s
degree in civil and environ-mental engineering from Clarkson University. TIMO-THY P. TABER has been pro-moted to VP. He received his bachelor’s degree in civil engineering from SUNY Buffalo and his mas-ter’s degree in engineering management from Syra-cuse University. JOSHUA R. THOMAS has joined thefirm’s environmental groupas an engineer I in the Syra-cuse office. He earned his bachelor’s degree in en-vironmental engineeringfrom Rensselaer Polytechnic Institute. Pre-viously, he worked as a project manager atCasella Waste Systems, Inc.
HEALTH CARE
AUDREY CROSS has been named project manager of support services for the Mohawk Valley Health System (MVHS). Prior to joining MVHS, she worked at Excellus BlueCross BlueShield in Utica as fa-cilities manager and was also employed as project superintendent at Hayner Hoyt Corporation in Syracuse. Cross currently serves as an adjunct profes-sor at Utica College. She earned her mas-ter’s degree in construction management, with a minor in business management, from Drexel University in Philadelphia and completed her bachelor’s degree in con-struction management at Utica College. LISA PERRY has been named vascular coordinator for interven-tional radiology and neu-roendovascular services at MVHS. She previously served as a staff registered nurse in the emergency de-partment, operating room, post anesthesia care unit, cardiac catheterization lab, and in-terventional radiology at Faxton St. Luke’s Healthcare. Perry also previously was nurse manager for the emergency depart-ment and telemetry department at Com-munity Memorial Hospital in Hamilton. She earned her associate degree at Mohawk Valley Community College in Utica, and is pursuing her bachelor’s degree in nursing at Utica College.
HCR Home Care has added a new em-ployee to its Onondaga County operations. TANASIA SHAW joins the company as a home health aide.
INSURANCE
SCOTT A. SHATRAW, for-mer senior VP and chief fi-nancial officer of Utica First Insurance Company in Oriskany became compa-ny president and CEO on Jan. 1. He succeeds long-time president and CEO, RICHARD J. ZICK, who will act as executive consultant to the insurer’s board of directors. Shatraw, a graduate of Le Moyne College with a bachelor’s degree in accounting, joined Utica First Insurance in 1990 as controller. He is a CPA and a char-tered property casualty underwriter.
EVAN MOORE has joined the Syracuse branch of AXA Advisors, LLC. He holds a bachelor’s degree in finance from Oswego University and additionally earned his life and health, Series 7 and Series 63 licenses.
LAW
BRYN LOVEJOY-GRINNELL has joined Bousquet Hol-stein PLLC as of counsel in the firm’s matrimonial and family law practice group. She began her ca-reer as a domestic violence advocate at the Advocacy Center in Ithaca. Advocat-ing for victims of domestic violence spurred her to go to law school. For the first eight years of her legal career, Lovejoy-Grinnell represented clients at the Frank H. Hiscock Legal Aid Society in family and matrimonial matters. Since starting her private practice in 2017, she has represented women and men in many different courts in Central New York. Lovejoy-Grinnell is a graduate of Cornell Law School, and earned her under-graduate degree at Harvard University.
NONPROFITS
Ronald McDonald House Charities of Central New York has hired EM-ILY WHALEN as volunteer manager. Prior to joining Ronald McDonald House Charities of Central New York, she gained experi-ence as marketing director at Empire Brewing Co. and as catering man-ager at Dinosaur Bar-B-Que. Whalen has a bachelor’s degree in communications from SUNY Cortland. n
People on the Move NEWS
Smith
Woodall
Dowsland
Falconer
Totten
Buckman
DaRin
Jennings
Mitchell
Nicholson
Taber
Thomas
Cross
Perry
Shatraw
Moore
Grinnell
Whalen
Pond
floor, Syracuse. 1 Million Cups is a weekly edu-cational program designed to engage, educate, and accelerate local startups/unique business-es. No cost to attend. For more information, visit www.1millioncups.com/syracuse
n Every Wednesday, Syracuse Business Networking from 6 to 7 p.m. at Barbieri’s Restaurant (upstairs level) located on Main Street in the village of North Syracuse. For more information, call Kim Bachstein at (315) 414-8223 or email: [email protected]
n First and third Wednesday of each month, Preferred Toastmasters from noon to 1 p.m. at Golden Artist Colors, 188 Bell Road, New Berlin. Contact Jonie Bassett at (607) 847-6154, x1217.
n Fourth Wednesday of each month,Preferred Toastmasters from 5:30 to 6:30 p.m. at Chenango County Council of the Arts, 27 W.
Main St., Norwich. Contact Jonie Bassett at (607) 847-6154, x1217.
n Fourth Wednesday of each month, The SUN Group meets at 4 p.m. at Strada Mia, 313 N. Geddes St., Syracuse. For more information, contact Andy Picco at (315) 657-0135.
n Every Thursday, Free Business Counseling with SCORE from 10 to 11:30 a.m. at the Tioga County Chamber of Commerce, 80 North Ave., Owego. Contact the Tioga County Chamber of Commerce to make an appointment at (607) 687-2020.
n Every Thursday, Syracuse BusinessConnections meets from 8am - 9 am in E. Syracuse. The group’s purpose is to network, exchange referrals, leads and share commu-nity news. For more information, contact Deb Angarano at [email protected]
n Every Thursday Empire Statesmen Toastmasters at 6:30 p.m. at Denny’s Restaurant, 201 Lawrence Road, North Syracuse. For the latest information, visit http://1427.toastmastersclubs.org/ or email [email protected]
n Every second and fourth Thursday of the month, The North Star Toastmasters from noonto 1 p.m. at Northland Communications One Dupli Park Drive in Franklin Square. For more infor-mation, contact Sandy Jurkiewicz at [email protected] or call (315) 470-1802.
n Every Friday, Tip Club of Syracuse, atthe Sheraton Syracuse University Hotel, 801 University Ave., Syracuse, 8 to 9 a.m. Call Bernie Bregman at (315) 430-5249 or email: [email protected]
n First Friday of each month, Toolkit Day with SCORE by appointment at The Tech
Garden. Counselors provide free, confidential, individual business mentoring to prospective or current business owners. For more informa-tion or to make an appointment, contact Lynn Hughes at (315) 470-1969 or email [email protected]
n Every second Friday, The Professional Consultants Association (PCA) of Central New York at 8:15 a.m. from September to June at OneGroup Center, 706 N. Clinton St., Syracuse. PCA helps businesses and organizations locate professional consulting services based in CNY. The first visit is free. For a full schedule and to register, visit, www.pcaofcny.com
n Second Friday of each month, The SUN Group meets at 7:30 a.m. at Tony’s Family Restaurant, 3004 Burnet Ave., Syracuse. For more information, contact Andy Picco at (315) 657-0135.
BUSINESS CALENDAR: Continued from page 14
Deadline: March 16
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