Apr 4, 2022

KORE expands ‘Internet of Things’ offerings, capabilities, at its new Pittsford location

KORE, an Internet of Things solutions and management services firm, is growing in the Rochester area

Mar 30, 2022

M&A lawyers keep busy despite pandemic barriers

2021 was a record-breaking year globally and nationally for mergers (combining two separate businesses into one new legal entity) and acquisitions (when a purchased company gets fully absorbed by an acquiring company). Per Refinitiv – an American-British global provider of financial market data –worldwide manufacturing and acquisition (M&A) volumes reached $5.9 tril[...]

Mar 28, 2022

Managing Our Manufacturing Plants in 2022

There have been dramatic shifts in both the needs and the realities of manufacturing the United States over the past two years, with things changing most dramatically in the past few months. There continues to be impressive improvements in technology. In normal times, the focus would be on upgrades and enhancements we would make in […]

Mar 25, 2022

Just In Time production method becoming obsolete with supply chain issues

Just In Time (JIT) is a production method pioneered in the 1930s by Toyota Motor Corporation as a means to reduce overproduction — the time a product spends going through production — and excess inventory. It became highly popular in the United States in the late 1970s.    Unlike just-in-case strategies, companies utilizing JIT order […]

Mar 15, 2022

SBA extends EIDL deferment period another six months

Nearly 9,500 small businesses in the Finger Lakes region will be allowed to defer repayment on COVID-19 Economic Injury Disaster Loans (EIDL) for another six months. U.S. Senate Majority Leader Charles Schumer (D-N.Y.) said today that the Small Business Administration (SBA) now has agreed to extend deferment of principal and interest payments for a total […]

Mar 11, 2022

March worldwide water, climate events are close to home

March marks two worldwide awareness events for the environment: World Water Day and Earth Hour. In Rochester, New York, these events connect us to the global community and are also particularly close to home in light of recent developments with current opportunities for public comment. World Water Day On Tuesday, March 22, World Water Day […]

Mar 11, 2022

Siena College study reveals positive outlook but lingering pandemic challenges

Business leaders in the Finger Lakes region believe the state’s economy will be a little better in 2022, but lingering challenges from COVID-19 will remain.

Mar 11, 2022

Creative workarounds for regional commercial insurers

The past two years have prompted regional commercial insurance agencies to get creative with technology and communication.

Mar 10, 2022

COVID continues to drive higher insurance premiums

Extreme weather, the effects of COVID-19 and an accompanying rise in cyber attacks all factor into this year’s insurance costs.

Mar 9, 2022

Vuzix sees augmented growth as its AR tech goes global

Vuzix Corp. is eyeing rapid growth this year, with new products and new opportunities in markets across the globe.

Feb 23, 2022

Construction outlook cheerful despite supply chain, inflation issues

While interest rates and inflation are on the radar of the construction and real estate industries, local experts in both fields point to a more pressing concern: materials.

Feb 17, 2022

I Bonds: A rare bright spot for the income investor

Investors have a natural affinity for income-producing investments. A steady stream of investment income is comforting even if it is not optimal from a total return perspective. Many investors, especially retirees, would gladly trade away some of the anxiety induced by watching a volatile stock market for the psychological comfort from receiving a secure stream […]