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Author Archives: Andrea Deckert

IEC returns to profitability in Q4

IEC Electronics Corp. posted a slight profit its fiscal 2004 fourth quarter, but a net loss for the year. The company reported net income of $62,000, or 1 cent a share, on revenues of $7.7 million for the quarter.

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New county fund issues first loan

Century Mold Co. Inc. will receive a $100,000 loan from Monroe County to help purchase new equipment, expand operations and create 50 jobs within three years. The company expects to add 30 of those jobs in the next six months. ...

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SPX declares 25-cent dividend

SPX Corp., which owns the Rochester-based manufacturers Lightnin Corp. and Kayex Corp., Wednesday declared a quarterly dividend of 25 cents a share. The dividend is payable on Jan. 1 to shareholders of record on Dec. 10, officials said. The company’s ...

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SPX declares 25-cent dividend

SPX Corp., which owns the Rochester-based manufacturers Lightnin Corp. and Kayex Corp., Wednesday declared a quarterly dividend of 25 cents a share.

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New county fund issues first loan

Century Mold Co. Inc. will receive a $100,000 loan from Monroe County to help purchase new equipment, expand operations and create 50 jobs within three years. It is the first company to receive assistance from Monroe County’s new Revolving Loan ...

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SPX agrees to sell Edwards unit

SPX Corp., which owns the Rochester-based manufacturers Lightnin Corp. and Kayex Corp., has signed an agreement to sell its Edwards Systems Technology to General Electric Co. for nearly $1.4 billion. The sale is subject to antitrust clearance and customary closing ...

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SPX agrees to sell Edwards unit

SPX Corp., which owns the Rochester-based manufacturers Lightnin Corp. and Kayex Corp., has signed an agreement to sell its Edwards Systems Technology to General Electric Co. for nearly $1.4 billion.

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Groups aim to help firms get government contracts

Veteran-owned businesses often are overlooked for government procurement, mainly because federal agencies and prime contractors have a difficult time identifying them. A collaborative effort among three area organization aims to help veterans and their firms. The Rochester Procurement Technical Assistance ...

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Projects pushing rebirth of Geneva

Ask the city leaders and they will say Geneva is in the midst of a renaissance. The city, home to some 14,000 people and located on the eastern edge of Ontario County, is seeing two downtown development projects-totaling some $13 ...

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IEC appoints Doody to VP post

IEC Electronics Corp. has named a new corporate vice president of operations. Donald Doody succeeds Ann Wood, who resigned. Doody most recently worked at Plexus Corp. where he was responsible for leading lean manufacturing and Six Sigma initiatives. He started ...

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Zapata revenue increases 204 percent over last year

Zapata Corp.’s third-quarter revenue increased 204 percent over a year ago, the company reported Friday. Consolidated net income was $784,000, or 32 cents a share, on revenues of $97.7 million for the three-month period, compared to a consolidated net loss ...

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Zapata revenue increases 204 percent over last year

Partly because it consolidated the results of Safety Components International Inc., Zapata Corp.’s third-quarter revenue increased 204 percent over a year ago, the company reported Friday.

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IEC appoints Doody to VP post

IEC Electronics Corp. has named Donald Doody corporate vice president of operations. He succeeds Ann Wood, who resigned.

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Infotonics to collaborate with firm on pill camera R&D

The Infotonics Technology Center Inc. in Canandaigua announced Thursday it has reached a collaborative research and development agreement with Medi-photonics Development Co. LLC, to develop a pill camera. Medi-photonics is the New York subsidiary of Cherry Hill, N.J.-based Mediscience Technology ...

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Infotonics to collaborate with firm on pill camera R&D

The Infotonics Technology Center Inc. in Canandaigua announced Thursday it has reached a collaborative research and development agreement with Medi-photonics Development Co. LLC, to develop a pill camera.

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