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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
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[...]
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 […]
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 […]
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 […]
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 […]
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.
Creative workarounds for regional commercial insurers
The past two years have prompted regional commercial insurance agencies to get creative with technology and communication.
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.
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.
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.
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 […]
