This Week
  • Wright Beverage Distributing has expanded again with an acquisition.

  • Employee Relations Associates has expanded services, reach.

  • Patience helped Joseph Morelle rise in the ranks to state Assembly majority leader.

  • Owners of nearby businesses welcome UR’s College Town development.

  • Shaina Sidoti's firm makes nutritious dishes that have helped her heal.

  • Area exporters starting 2014 with a sense of momentum.

Manufacturing News

  • Perez's total compensation in 2013 increased to $7.45 million
    Former Eastman Kodak Co. CEO Antonio Perez received total compensation of $7.45 million in 2013, a filing Tuesday with the Securities and Exchange Commission shows.
  • Kodak plans to seek buyer for Eastman Business Park
    Eastman Kodak Co. Tuesday said it wants to find a buyer for Eastman Business Park, a 1,200-acre complex that ranks among the nation's largest industrial and technology parks.
  • Revenue, gross profit rise at Carestream Health
    Carestream Health Inc. revenues rose some 1 percent in 2013 to $2.43 billion. The company ranked fifth on the Rochester Business Journal’s most recent list of manufacturers with 1,250 employees.
  • State commits $3 million for center at Eastman Business Park
    The state will commit $3 million to the Eastman Business Park Bioscience Manufacturing Center slated to begin construction later this year, Gov. Andrew Cuomo announced Thursday.
  • Xerox hits expectations for Q4
    Shares of Xerox Corp. stock were down roughly 1 percent Friday after the company reported fourth-quarter earnings that were in line with expectations. Shares of Xerox (NYSE: XRX) were trading midday at $11.64, down from Thursday’s close of $11.76.
  • IEC executive VP resigns
    One of IEC Electronics Corp.’s top executives has resigned, a filing with the Securities and Exchange Commission states.
  • EnPro awaits ruling by judge
    EnPro Industries Inc. expects to find out late Friday afternoon the value of current and future mesothelioma claims in an asbestos liability trial against Garlock Sealing Technologies LLC.
  • Engineering Firms
    Ranked by number of licensed engineers.
  • Klein Steel names new president
    Klein Steel Service Inc. has a new president. Todd Zyra replaces retired Army Maj. Gen. John Batiste, who has been named president and CEO of Buffalo Armory LLC, a Buffalo-based company co-owned by Batiste and Klein Steel chairman and CEO Joseph Klein.
  • Sweetwater Energy inks deal with Pacific Ethanol for $100M
    Sweetwater Energy Inc. has landed its fourth multimillion contract to supply a California firm with industrial sugars for the production of cellulosic ethanol. The 15-year deal is estimated to be worth roughly $100 million.
  • Worthington Cylinders to close Medina plant
    Worthington Cylinders, a Worthington Industries Inc. company, said Thursday it would close its plant in Medina, Orleans County, and move the operations to a plant in Wisconsin.
  • Xerox inks deal to combat cigarette smuggling in Kentucky
    Xerox Corp. has signed a five-year deal to help the Kentucky Department of Revenue revamp its tobacco excise tax collections.
  • Xerox to cut some finance jobs here
    Xerox Corp. is cutting some of its local finance positions in a companywide effort to reduce costs.
  • Defense officials to visit Eastman Business Park, RIT
    Two officials from U.S. Department of Defense’s procurement division will tour the Eastman Business Park and two Rochester Institute of Technology manufacturing facilities Monday with Rep. Louise Slaughter, officials said Friday.
  • Conditions weaken for New York manufacturers
    The Federal Reserve Bank of New York’s Empire State Manufacturing Survey for November indicates conditions have weakened somewhat for New York manufacturers.
  • Kodak reports first post-bankruptcy quarterly results
    Eastman Kodak Co. late Tuesday afternoon filed its first quarterly financial results since emerging from Chapter 11 bankruptcy on Sept. 3. Excluding reorganization items and discontinued operations, the company posted a net loss for the third quarter of $155 million, down from a net loss of $312 million a year ago.
  • Kodak shares to list again on NYSE
    Eastman Kodak Co. stock is slated to return to the New York Stock Exchange on Friday. Its common shares are to trade under the symbol KODK, the company said Tuesday.
  • Report: Industrial jobs down in N.Y., Rochester
    Industrial employment in New York declined 1.2 percent over the past 12 months, according to the 2014 New York Manufacturers Register, an industrial directory and database published by Illinois-based Manufacturers’ News Inc.
  • Xerox shares see sharp drop after company's Q3 report
    Shares of Xerox Corp. were down roughly 10 percent midafternoon Thursday after the company reported its third-quarter results, in which earnings beat Street estimates, but projected fourth-quarter earnings failed to meet analyst expectations.
  • Army boosts value of RF contract by $847 million
    The U.S. Army has increased the ceiling value of a tactical communications contract with Harris Corp. RF Communications by $847 million. The initial contract was awarded in 2011.
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