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

Eastman Kodak Co. on Wednesday reported its second-quarter profit dropped by 50 percent compared with a year ago. The company posted net income of $4 million, down $8 million. Revenues fell 10 percent to $381 million for the quarter from ...

Baldwin Richardson Foods Co. will expand its operations in Williamson, Wayne County, adding up to 30 new jobs to the local economy, state officials announced Wednesday. The firm has its headquarters in Illinois. The company, which specializes in creating custom ...

Once Again Nut Butter has been named the 2017 HowGood Certified Sustainability Leader, officials said. The Nunda, Livingston County, firm is among the top 15 percent of HowGood’s sustainable food and beverage products. HowGood owns the largest database of sustainable ...

IEC Electronics Corp. on Wednesday reported third-quarter earnings that continue to trail 2016. For the quarter ended June 30, the Wayne County electronic contract manufacturing services provider posted net income of $806,000, compared with $1.6 million in the same quarter last year. Diluted ...

Graham Corp. on Friday reported a 900 percent increase in fiscal 2018 first-quarter earnings per share, but a 7 percent decrease in revenues, compared with last year’s first quarter. The company posted a net income of $900,000, or 10 cents a share, ...

Ultralife Corp. reported Thursday a steep increase in its second-quarter profit.  The Newark, Wayne County-based company posted net income of $1.09 million, or 7 cents a share, up from $446,000, or 3 cents a share, a year ago. Ultralife logged $19.9 ...

Xerox Corp. reported Tuesday that its net income climbed 5 percent in second-quarter, but its revenue declined 8.1 percent. Shares of Xerox (NYSE: XRX) were trading midday around $31.62, up 3 percent from its Monday close at $30.67.  Xerox reported ...

The Genesee Brew House has released “the Grüngeist Pale Ale” as the latest installment of its Pilot Batch series. The beer will be available in six-pack bottles and on draft in select bars and restaurants throughout the East, Mid-Atlantic and ...

Newtex Industries Inc. has acquired a distributor of high temperature textiles and fabricated insulation and heat shield products for an undisclosed sum. Thermostatic Industries Inc. was founded in 1986 by Sonny Lathrop and Alan Goldman and is based in Huntington ...

General business conditions in New York fell slightly in July, as did other key manufacturing indicators, the Federal Reserve Bank of New York’s Empire State Manufacturing Survey shows. Manufacturing firms reported modest growth in business activity, but general business conditions ...

Rochester Institute of Technology’s AMPrint Center received the first liquid metal 3-D printer from Buffalo-based Vader Systems LLC last month. RIT and Vader Systems have a university-corporate partnership at the RIT’s AMPrint Center to help grow 3-D printing and additive ...

Watkins Glen-based Lakewood Vineyards Inc. will receive three custom-made 2,500 gallon stainless tanks on July 20, officials said. The transportation of the tanks will be along the west side of Seneca Lake from Vance Metal Fabricators Inc. in Geneva, Ontario ...

Korea’s leading internet company has agreed to acquire Xerox Corp.’s Research Centre Europe in Grenoble, France, for an undisclosed sum. The agreement is expected to close in the third quarter. Based in Seongnam, South Korea, Naver Corp. operates the nation’s ...

Corrosion Products & Equipment Inc. has formed a new operating division following the acquisition of a Saratoga County manufacturer. CPE, which sells and services fluid management products, has purchased the assets of Donlon Industrial Flooring LLC for an undisclosed sum. ...

Rochester Institute of Technology will hold a half-day of events titled, “Enabling the Digital World: The Future of Electronics and Manufacturing,” from 1 p.m. to 5 p.m. on Wednesday. The event is presented in partnership with ASM Systems and RIT’s ...