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Manufacturing

Transcat acquires Canadian firm

Transcat Inc. has acquired Dispersion Laboratory Inc.—a Montreal-based firm that  specializes in services for the calibration, repair and product sales of weights, balances, temperature instruments and liquid handling devices, according to officials.

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People

The Rochester Business Journal accepts high-resolution color, digital photos with press releases three to four weeks before publication date. Send digital submissions to vspicer@rbj.net. Insero and Co. CPAs P.C. announces the following promotions: Timothy Leyden, senior, audit department; Jill Martin, ...

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PMC positive on pluses of LED lights

The gradual decrease in the cost of LED lighting has helped boost business so much for PMC Eco Supply LLC that the company doubled its sales and revenues in 2015. The firm also outgrew the office space it had occupied ...

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Valeant names former CFO as interim chief executive

Valeant Pharmaceuticals Inc. former chief financial officer and current board member Howard Schiller is at least temporarily stepping into the Bausch & Lomb parent’s ailing chairman and CEO’s shoes.

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People

The Rochester Business Journal accepts high-resolution color, digital photos with press releases three to four weeks before publication date. Send digital submissions to vspicer@rbj.net. Clark Patterson Lee announces the addition of Joshua Erbland as an electrical designer. Erbland will assist ...

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Photonics ranks as top story

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Photonics was king in the Rochester area in 2015, according to surveys taken at year-end by the Rochester Business Journal. Rochester’s selection as the headquarters site for the $600 million American Institute for Manufacturing Integrated Photonics topped both newspaper readers ...

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Analysts expect more growth from Constellation Brands

Analysts expect Constellation Brands Inc. to report year-over-year increases in its third-quarter sales and profit when the wine, beer and spirits business announces its financial results Thursday, Jan. 7. Analysts polled by Thomson Reuters expect the Victor, Ontario County-based Constellation ...

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Small companies strain to fulfill ACA requirements

Champion Moving & Storage Inc. of Brockport employs fewer than 50 workers, a staffing level that Christopher Carter, owner of the Allied Van Line franchisee, plans to take pains to maintain. The reason: By employing fewer than 50, Carter avoids ...

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Transcat acquires Pennsylvania company for $11.25 million

Transcat Inc. on Wednesday said it has acquired Spectrum Technologies Inc. for $11.25 million in cash. Spectrum, which has its headquarters in Paxinos, Pa., generates annualized revenue of some $5.8 million.

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Valeant names interim leadership

Valeant Pharmaceuticals International Inc., the parent company of Bausch & Lomb Inc., said a trio of executives will lead the firm while its chairman and CEO, Michael Pearson, is on a medical leave of absence.

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Harris segment receives $66 million order

Harris Corp.’s Rochester-based Communication Systems’ segment has received $66 million in orders to provide an undisclosed Middle East nation with wideband tactical radios and accessories as part of an overall communications modernization effort.

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Zyra has aggressive plans for Klein Steel

The new CEO of Klein Steel Service Inc. expects a double-digit percentage increase in annual sales next year, as well as the addition of up to 15 local jobs. “We’re planning an aggressive strategy for 2016,” said Todd Zyra, who ...

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Odenbach Shipbuilding remembered with new marker

The town of Greece on Monday unveiled a historic marker for the former site of a company that employed more than 1,500 people to build tankers and barges during World War II.

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