Minimum bid for naming rights for Watertown ice rink to be $50,000

City Council members want the city to get what it financially deserves for the renaming rights of the Watertown Municipal Arena, so they informally agreed on Monday night to increase the minimum bid to $50,000 a year. [Read more…]

Quality of care is key to fiscal future at Lowville hospital

Lewis County General Hospital’s fiscal situation has improved over the past year or so, but quality of care is expected to play a major role in its future financial success. [Read more…]

Watertown councilman says city should explore CitiBus run by transit authority

Travelers ready to embark a CitiBus at the downtown Terminal.

Travelers ready to embark a CitiBus at the downtown Terminal. Watertown Daily Times file photo.

City Councilman Mark C. Walczyk wants the city to look into whether the CitiBus public bus system should be run by a transportation authority. [Read more…]

January 2016 Cover Story: Economic Outlook

Slow and steady
growth wins the race

OUTLOOK 2016 / MILITARY: A soldier salutes during the presentation of the colors last year in an activation ceremony for the 10th Mountain Division Divarty. As the post avoided major cuts in 2015, Fort Drum officials remain positive that 2016 will be a healthy year for one of region’s top economic sectors. Photo by Amanda Morrison, NNY Business.

OUTLOOK 2016 / MILITARY: A soldier salutes during the presentation of the colors last year in an activation ceremony for the 10th Mountain Division Divarty. As the post avoided major cuts in 2015, Fort Drum officials remain positive that 2016 will be a healthy year for one of region’s top economic sectors. Photo by Amanda Morrison, NNY Business.

Despite a few challenges, experts say the region is on pace for a positive year in 2016. Six sectors of the north country’s economy are ripe with opportunities for growth.

By Karee Magee, NNY Business

A grim fate cast a pall over the north country in early 2015, as federal budget sequestration threatened to cut up to 16,000 personnel from Fort Drum in an effort by the army to trim its active duty force from 490,000 to 450,000 by fiscal year 2017. [Read more…]