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News and Trends

Penfield company builds on solid foundation

At the cornerstone of Nicholas DeRisio’s business is the belief everyone should be treated fairly and honestly. “Customer satisfaction is our top priority,” said DeRisio, the owner and president of DeRisio Construction Inc. “We don’t just say it, we mean ...

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New ideas fuel Chili firm’s road to growth

The Evans family can attest to what resilience, hard work and new concepts can do for a business. When Michael Evans stepped in to help his parents run Tuf Trucks and Fine Cars a few years ago, he saw that, ...

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Most stocks finish strong

With the exception of a few trouble spots, stocks of local interest gained momentum over the course of 2016, with more gaining than losing value since Dec. 31, 2015. Looking at a group of 46 Rochester-area stocks trading on the ...

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$140 million to fund RIT clean energy hub

The Rochester Institute of Technology-led consortium that won a nationwide competition this week will bring a public-private clean energy manufacturing institute here, officials said. Its work and jobs are to be fueled by $70 million in federal funding along with ...

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Royal Oak buys Wis. property

Royal Oak Realty Trust Inc. recently acquired its 14th building in a $9.3 million deal that adds a seventh state to its portfolio. The private real estate investment trust acquired Miniature Precision Components Inc.’s headquarters and primary manufacturing facilities in ...

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Travelers with special needs have a friend

Nicole Thibault often heard that a number of families who had children with special needs were not taking vacations because it was just too difficult. One of the main concerns was uncertainty about finding appropriate accommodations. As a parent of ...

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Analysts expect jump in profits, sales in Q3

Analysts expect Constellation Brands Inc. to report increases in year-over-year sales and profit when the wine, beer and spirits business reports its third-quarter financial earnings Thursday. Analysts polled by Zacks Investment Research expect the Victor-based firm to report earnings per ...

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Empire Precision Plastics makes assets buy

Empire Precision Plastics will add jobs and services as a result of its assets’ purchase of Advanced Mold & Tooling Inc. in Gates. The deal also expands the Rochester-based Empire Precision’s tooling and manufacturing capabilities and increases its ability to ...

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Liberti named as next CEO for center

The Center for Dispute Settlement Inc. has promoted Frank Liberti to serve as president and CEO as of Jan. 1. He currently is director of police/community relations programs. Liberti takes over for Sherry Walker-Cowart, the longtime president and CEO who ...

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The Loop

Powerful in ’17 The FiveThirtyEight website provided a post-election power players selection reminiscent of a fantasy football league draft, including some witty banter and healthy ridicule. New York’s power players—excluding the Trump family and team—fared poorly in the six-round, four-team ...

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Arbitrator orders union to drop complaint against Ajay Glass

An arbitrator has ordered a Syracuse Ironworkers union local to drop a court complaint against Ajay Glass Co. in a hiring beef centering on Wilmorite Management Group LLC’s close-to-completion del Lago Casino and Resort project. The dispute has not slowed ...

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The Loop

’Tis two days before Christmas and all through our land, wishes for peace and harmony, and an economy to expand. As Dancer and Prancer lead Santa’s aerial sloop, here’s hoping he brings the gifts listed below in this annual Loop: ...

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CPA firm focuses on building businesses

John Rizzo, co-founder of Rizzo, DiGiacco, Hern & Baniewicz CPAs PLLC, does not mind being called a “bean counter,” as long as you understand he does not just count them—he is there to help you find more beans. Launched 11 ...

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Trezise moves to national wine industry post

The region’s wine industry soon will have an advocate with national connections. Jim Trezise, president of the Canandaigua-based New York Wine & Grape Foundation, is preparing to transition from his post here and move into a national positon. He begins ...

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Private employee compensation greatest in Northeast

Total employer costs per hour worked for private industry employees ranged from a high of $39.06 in the Northeast to $29.46 in the South, according to National Compensation Survey data from September, released Dec. 8 by the Bureau of Labor ...

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