Harris completes $4.75 billion acquisition of Exelis
Harris Corp. completed its acquisition of Exelis Inc. on Friday. The deal combines two companies that together generate $8 billion in annual revenue and employ more than 3,200 workers in the Rochester region.
Graham posts higher profit, sales in Q4
Graham Corp. on Friday reported an increase in fourth-quarter profit and sales, due in part to increasing sales in the refining and chemical/petrochemical markets. However, its stock slid and is trading near its 52-week low.
American Fuel Cell gets funding for R&D
Seven companies statewide, including American Fuel Cell LLC in Rochester, have been selected for funding to help scale up or demonstrate innovative approaches to energy storage. Each company gets $250,000 to support its research and development efforts.
NTID named major subcontractor on FCC contract
Rochester Institute of Technology’s National Institute for the Deaf has been tapped for its expertise by the Federal Communications Commission, RIT leaders said.
HCR Home Care to expand into three area counties
HCR Home Care is expanding its operations into Livingston, Ontario and Wayne counties, following approval from the state Department of Health.
MCC graduation slated for Saturday
Monroe Community College is slated to hold its 52nd annual commencement Saturday. MCC graduate Timothy Wentworth, president and chief operating officer of Express Scripts Holding Co., will address the graduates.
Dinolfo favored for county executive
If the 2015 Monroe County executive election were held today, 63 percent of respondents to this week’s RBJ Daily Report Snap Poll say they would favor Republican Cheryl Dinolfo over Democrat Sandra Frankel.