Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

Nypro Inc., a Jabil Inc. company, will complete the phase-out of dozens of former Ortho-Clinical Diagnostics jobs here by Nov. 1, a state Worker Adjustment and Retraining Notification filed last week shows. Some 53 jobs will be affected by the ...

Tagged with: Kodak nypro ortho-clinical warn notice

IEC Electronics Corp. on Wednesday reported a 49 percent increase in revenues for the second quarter and a 21-cent rise in per-share earnings, beating Street estimates. For the second quarter ended March 30, the Newark, Wayne County, electronic contract manufacturing ...

Tagged with: Earnings iec

Eastman Kodak Co. on Wednesday reported a $25 million net loss in the first quarter, as well as a decrease in assets. For the quarter ended March 31, Kodak reported revenues of $357 million, unchanged from the first quarter last ...

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Quality Vision International broke ground this week on a new manufacturing facility, the final phase of a five-year plan to expand the company’s headquarters on Hudson Avenue by 37,000 square feet. QVI is a Rochester-based manufacturer of precision optical measurement ...

Tagged with: economic development QVI

ON Semiconductor Corp. on Wednesday officially opened its $6.6 million expansion at Eastman Business Park, a move that is expected to create 34 new jobs at the facility over the next two years. The expanded test and assembly operation has ...

Tagged with: EBP ESD finger lakes forward gre greater rochester chamber of commerce ON Semiconductor

Ambrell Corp. parent company, inTEST Corp., has posted first quarter revenue and earnings increases, beating Street estimates. The Mt. Laurel, N.J.-based public company—which designs and manufactures engineered solutions for automated test equipment and other electronic test and industrial process applications—posted ...

Tagged with: ambrell Earnings inTEST

Garlock Sealing Technologies LLC parent EnPro Industries Inc. last week reported a 9 percent increase in first quarter sales and a nearly 12 percent jump in earnings, beating Street estimates. For the quarter ended March 31, EnPro reported consolidated net ...

Tagged with: Earnings enpro garlock

The Paychex | IHS Markit Small Business Employment Watch index of small-business job growth and wages dropped slightly in April, as wage growth accelerated and the pace of monthly small business job growth continued to tighten. “The low unemployment rate ...

Tagged with: IHS manufacturing PMI

Constellation Brands officials will close the New York Stock Exchange this afternoon as part of an annual Cinco de Mayo celebration. Beer Division President Paul Hetterich and Chief Financial Officier David Klein will do the honors, which include ringing a ...

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Ultralife Corp. on Thursday reported a first-quarter increase in revenue and income. For the quarter ended April 1, the Newark, Wayne County-based manufacturer reported operating income of $2.4 million on revenue of $23.1 million. That compares with operating income of ...

Tagged with: Earnings ulbi ultralife

SPX Flow Inc.—which has its Lightnin subsidiary in Rochester—this week reported an improvement in first quarter organic revenues and earnings, barely missing Street estimates. Revenues for the quarter ended March 31 were $490.3 million, up from $433.2 million in the ...

Tagged with: Earnings lightnin' spx flow

Parker Hannifin Corp. on Thursday reported record third-quarter sales and earnings, beating Street estimates. Sales for the quarter ended March 31 rose 20 percent to $3.75 billion, compared with $3.12 billion last year. Net income for the quarter increased to ...

Tagged with: Earnings parker hannifin

Kodak Alaris Inc. has rebranded its Information Management division, and will launch a new marketing campaign, “Makes Sense” as part of the shift. The division will operate under the name Alaris, a Kodak Alaris business. Kodak Alaris has three other ...

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A local manufacturer plans to move its Quebec, Canada, operations to Fairport, creating nearly 30 jobs. Qualitrol Corp., a subsidiary of Fortive Corp., will receive up to $350,000 from Empire State Development through the Excelsior Jobs Program in exchange for ...

Tagged with: empire state development qualitrol

Leaders from OFD Foods LLC—who last year announced plans to open a $25 million manufacturing facility in Henrietta—were joined Thursday by elected officials and business representatives for a ceremonial groundbreaking for the 50,000-square-foot facility. The facility is expected to employ ...

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