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Recent Articles from Andrea Deckert
Golisano Center selected for Parcel 5
Parcel 5 at Midtown will be home to the Golisano Center for the Performing Arts and Tower with housing, retail shops, restaurants and additional parking, city leaders announced Friday. The $130 million project is a joint venture between Morgan Communities LLC and the Rochester Broadway Theatre League Inc. The venture is expected to create a […]
Photonics power breakfast draws 300 attendees
Roughly 300 people attended the event entitled “Rochester’s Photonics Future” Friday morning. Part of the Rochester Business Journal’s Power Breakfast Series, the event was held at the Radisson Rochester Riverside Hotel. Attendees learned about Rochester’s role in the American Institute for Manufacturing Integrated Photonics, a $600 million manufacturing consortium that will focus on the[...]
Photonics ‘in a very good place’
The American Institute for Manufacturing Integrated Photonics is gaining steam in 2017 and laying the groundwork for creating a sustainable model, its leaders say. “We’re in a very good place right now,” said Robert Duffy, chairman of AIM Photonics Leadership Council and president and CEO of the Greater Rochester Chamber of Commerce. AIM Photonics CEO […]
Constellation shares soar on strong earnings, sales
Shares of Constellation Brands Inc. hit an all-time high Thursday after the wine, beer and spirits’ company reported increases in fourth-quarter profit and sales, due, in part, to demand for its beer brands. Victor, Ontario County-based Constellation Brands posted Thursday morning net income attributable to the company of $452 million, or $2.26 a share, versus […]
The Cornerstone Group moves into Brighton building
The Cornerstone Group Ltd. recently purchased a building on White Spruce Boulevard in Brighton that is now serving as its new location. Cornerstone moved its main offices to the building in March following a renovation of a portion of the space. The real estate development firm worked with Atlas Contractors LLC for the roughly seven-week […]
Fairport association aims to transform local church
The Fairport Perinton Merchants Association has committed up to $50,000 to the effort to preserve the Fairport First Baptist Church and transform it into a center for performing arts. The initiative is being undertaken by the Fairport Perinton Partnership for a Better Community, which last fall announced an agreement with trustees of the church to […]
Seneca Foods acquires all of Kentucky-based Truitt Bros.
Seneca Foods Corp. has acquired the remaining 50 percent stake in Truitt Bros. Inc. The Marion, Wayne County-based Seneca Foods now owns 100 percent of Truitt. Financial details were not disclosed. The existing management team will continue to operate Truitt, Seneca Foods said. Based in Kentucky, Truitt manufactures and markets shelf-stable foods to retailers, restaurants, […]
Monroe County No. 2 for home ownership
Monroe County ranks among the best places to own a home in New York, according to research from a financial technology company. Monroe County ranks second in the state, following Allegany County, according to Smart Asset’s third annual study. The study compares average rent and home prices in counties across the United States. According to […]
Fisher faculty to study wartime patriotism with $100K NEH grant
Two faculty members at St. John Fisher College have received a grant aimed at getting Rochester-based veterans talking about duty, patriotism and loyalty demonstrated during wartime. The $100,000 grant is from the National Endowment for the Humanities. The local college is one of just 15 recipients of the agency’s Dialogues on the Experience of War […]
Analysts expect more growth at Constellation
Analysts expect Constellation Brands Inc. to report increases in fiscal fourth-quarter and year-end sales and profit when the Victor-based beer, wine and spirits firm reports its financial results Thursday. Analysts polled by Zacks Investment Research expect the company to post fourth-quarter earnings per share of $1.37, up 15 percent from $1.19 during the previous year’s […]
Broadstone gets new CEO; Tait shifts her post
Broadstone Real Estate LLC has changed its management structure. Broadstone co-founder Amy Tait has been named executive chairman and chief investment officer of Broadstone Real Estate and its entities. She previously served as chairman and CEO. Tait said her new roles will be full-time responsibilities with a focus on the overall organization and opportunities for […]
GRAR honored by national association
The Greater Rochester Association of Realtors was honored recently by the National Association of Realtors for its dedication to building stronger communities and local economic development. The NAR Community Outreach Award was presented to CEO Jim Yockel at the 2017Association Executives Institute in Denver. To be considered for the award, associations must have made use […]
