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Yearly Archives: 2008

Manufacturer acquires Mass.-based plastics firm

Rochester-based Corrosion Products & Equipment Inc. is growing its client base 35 percent to cement a new geographic push into New England, where construction at universities is generating demand for non-metallic industrial goods. Earlier this month Corrosion Products acquired Plastics ...

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Harris Interactive cuts staff, shifts leadership posts

With a new CEO, a new chief financial officer and a spate of cutbacks planned, Harris Interactive Inc. is preparing for a turnaround. The latest sign came last week when the market research firm announced its decision to replace CFO ...

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Community Calendar

SATURDAY, FEBRUARY 7, 2009 15th Annual Rochester Skyway Open; Join the Mental Health Association as they celebrate the 15th annual Skyway Open miniature golf tournament at the Clarion Riverside Hotel; This event begins at 8 a.m. with more than 500 ...

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Canandaigua bank to acquire Greentree Capital Management

Greentree Capital Management LLC, a 17-year-old firm with four employees and $50 million in assets under management, will be acquired by Canandaigua National Bank and Trust Co. and integrated into its Wealth Strategies Group, the companies announced this week. The ...

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Fitch rates RG&E mortgage bonds

Rochester Gas and Electric Corp. has been assigned a rating of BBB+ by Fitch Ratings, the international ratings agency said this week. The rating is on the energy utility’s issuance of $150 million 8 percent first mortgage bonds due 2033. ...

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Time Out

AFRICAN INSPIRATION You’ve heard of Kwanzaa. But do you really know what the holiday celebrates? Kwanzaa principles stem from the African philosophy of Kawaida. The seven principles of the African-American holiday are unity in family, community, nation and race; self ...

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Best employers engage prospective employees from Day One

The complexities of today’s global economy and competitive work force present a number of challenges to employers. You might be surprised to learn that even with unprecedented changes in the dynamics of the work force, it is more important than ...

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Portfolio: Xerox (XRX)

A weekly report compiled from the proxy statement and annual report of a publicly held company with local headquarters or a major division in the area Based in Stamford, Conn., Xerox Corp. is engaged in developing, manufacturing, marketing, servicing and ...

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Quote Of The Week

“They aren’t the recipe for job creation.” -Mark Zupan, dean of the University of Rochester’s Simon Graduate School of Business, on federal bailouts for the financial industry and U.S. automakers 12/26/2008

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Wal-Mart to sell Apple’s iPhone

Wal-Mart Stores Inc. officials said it will begin selling Apple’s iPhone on Sunday, AP reported. The chain becomes the second independent retail chain, after Best Buy Inc., to sell the phone.

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Budget woes could impact health care, education jobs

New York’s fiscal woes may have negative repercussions for two of Rochester’s strongest employment sectors: health care and public education. Gov. David Paterson’s proposed 2009-10 budget would reduce local school aid by $698 million or 3.3 percent. Medicaid expenditures would ...

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The Loop

With the holiday season upon us and a bright New Year arriving soon, the Loop once again is in a festive and giving spirit. So here are some gift suggestions that would make 2009 a better year for the recipients ...

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The other option

It is small comfort to say today’s unemployment rate is well shy of the nearly 11 percent joblessness reached in the severe recession of 1981-82. November’s numbers suggest that gap could close quickly. Layoffs at U.S. companies drove up the ...

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Reviewing 11 months of column’s hits and misses for 2008

Has 2008 treated you well? Are you ready for 2009? In this column I wanted to take a look back at my columns for 2008 and give you an update of my hits and misses. In January, I discussed how ...

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People

The Rochester Business Journal welcomes photos with press releases three weeks before desired publication date. Prints of digital photos cannot be used, however. If you would like your photos returned, please include a stamped, self-addressed envelope. Send digital submissions to ...

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