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

Wayne County manufacturer Ultralife Corp. this week reported first-quarter financials that saw a 37 percent rise in revenue and a 150 percent increase in net income. For the quarter ended March 31, the Newark battery and communication systems maker posted ...

Tagged with: Earnings michael popielec ultralife

As the pandemic continues to clamp down on numerous industries, more local manufacturers find ways to stay relevant and help those in need. L3Harris Technologies this month began offering its BeOn software application for free to healthcare and public safety ...

Tagged with: bigsky carestream Century Mold covid dana mehnert face masks Foodlink greenshield hand sanitizer herogard john visentin L-Tron l3harris manufacturing xerox

Rochester frozen pie maker SatisPie LLC has made a $34 million investment in Georgia, the company said Wednesday. “We are thrilled to establish this food processing facility in Fulton Industrial Park, which will produce top-of-the-line breakfast items for the world-class ...

Tagged with: batter up foods pinkowski satispie

Xerox Holdings Corp. on Tuesday reported a $320 million drop in first-quarter revenue and a 45-cent decline in earnings, missing Street estimates for EPS. The document company also withdrew its guidance for fiscal 2020 due to economic uncertainty surrounding the ...

Tagged with: covid19 Earnings hp john visentin xerox

L3Harris Technologies Inc. has been awarded a contract with the U.S. Space Force’s Space and Missile Systems Center (SMC) for up to $500 million. The contract is for the Air Force and Army Anti-jam Modem (A3M). A3M provides the Department ...

Tagged with: dana mehnert l3harris space force

Excelsus Solutions, a Rochester-based printing company, has begun manufacturing and distributing face-covering masks to support local essential businesses. The large-scale printing plant has repurposed equipment and appointed staff to the manufacturing of masks. The masks have been donated or sold ...

Tagged with: coronavirus covid19 excelsus solutions face masks printer

LiDestri Foods Inc. has joined the ranks of Rochester area manufacturers who are helping with health care needs during the COVID-19 pandemic. The company has transferred the production of one of its spirits lines to the creation of liquid hand ...

Tagged with: covid19 donation hand sanitizer john lidestri LiDestri stefani lidestri

Michael Pinkowski, owner of SatisPie LLC, believes it makes more sense to invest in pie-making equipment and packaging than roof repairs and building upgrades. He also likes the idea of a balance sheet that shows no red, especially in a ...

Manufacturing business activity plummeted in New York State in early April, according to firms responding to the April 2020 Empire State Manufacturing Survey. The headline general business conditions index dropped 57 points to -78.2, its lowest level in the history ...

Tagged with: empire state manufacturing survey manufacturing

FuzeHub, the statewide New York Manufacturing Extension Partnership center, has launched a competitive grant program that will award a total of $400,000 in COVID-19 manufacturing grants. “In this program, we have a total of $400,000; $100,000 each for two companies ...

Tagged with: fuzehub grants n95 masks ny mep ventilators

Xerox Holdings Corp. has partnered with Vortran Medical Technology to produce thousands of ventilators from Xerox’s Webster campus, the two companies announced Tuesday. The production will speed and scale production of Vortran’s GO2Vent ventilator and related Airway Pressure Monitor for ...

Tagged with: coronavirus covid-19 ventilators vortran xerox

Xerox Holdings Corp. has bowed out of its plan to acquire HP Inc., the company said in a statement Tuesday. “The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is ...

Tagged with: acquisitions hp xerox

The application window to enter the $3 million Grow-NY business competition is now open.  Empire State Development and the Cornell Center for Economic Development both announced on Tuesday that the competition is opening up for its second round of applications, ...

Tagged with: business competition Cornell University economic development empire state development Grow-NY Kathryn J. Boor Kathy Hochul RealEats The Perfect Granola

As the region’s health care providers grapple with the COVID-19 pandemic and a lack of resources and vital supplies, two more Rochester-area manufacturers have stepped up to help. J.N. White Associates Inc. on Sunday said it had launched a splatter ...

Tagged with: coronavirus covid-19 ekc jn white Kodak manufacturing

Hickey Freeman Tailored Clothing is set to begin production of protective face masks for the medical staff at Rochester General Hospital, the Rochester manufacturer said Tuesday. “We have hundreds of the best sewing machine operators in the country. When Rochester ...

Tagged with: coronavirus covid-19 Hickey Freeman manufacturing masks