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Manufacturing

B&L parent announces asset sales; stock lags

Valeant Pharmaceuticals Inc. this week announced the first of what chairman and CEO Joseph Papa has promised will be a string of asset sales to help the company chip away at a mountain of debt.

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$140 million to fund RIT clean energy hub

The Rochester Institute of Technology-led consortium that won a nationwide competition this week will bring a public-private clean energy manufacturing institute here, officials said. Its work and jobs are to be fueled by $70 million in federal funding along with ...

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Ektachrome film to be brought back

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Eastman Kodak Co. and Kodak Alaris Holdings Ltd. are bringing back the iconic Ektachrome film. Kodak will produce Ektachrome in Rochester.

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Xerox and Conduent split, begin trading separately

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Xerox Corp. on Tuesday reported the completion its separation of Conduent Inc., creating two publicly traded companies. In Monroe County, Xerox employs some 5,500 workers; Conduent has slightly more than 600 local employees.

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Empire Precision Plastics makes assets buy

Empire Precision Plastics will add jobs and services as a result of its assets’ purchase of Advanced Mold & Tooling Inc. in Gates. The deal also expands the Rochester-based Empire Precision’s tooling and manufacturing capabilities and increases its ability to ...

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FLCC to hold info sessions for training courses

Finger Lakes Community College will serve as host for information sessions in January for two courses that train people in skills in demand among advanced manufacturers in the region.

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Hoover named Xerox CTO

Xerox Corp. has named Stephen Hoover chief technology officer, effective Jan. 1, succeeding Sophie Vandebroek, who will retire at the end of this year.

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Eastman Business Park facility selected for AIM testing site

New York State Photonics Board of Officers’ announced Wednesday that it has selected ON Semiconductor’s Eastman Business Park facility as the site for the American Institute for Manufacturing  Photonics’ Testing, Assembly and Packaging facility, the only such facility in the United States.

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Company makes first aid kits interactive

Minutes are critical in emergencies, and bystanders can mean the difference between life and death for someone awaiting the arrival of emergency responders. That is the premise behind the development of Mobilize Rescue Systems, an interactive emergency medical kit designed ...

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Genesee & Wyoming beats 3Q earnings forecasts

Genesee & Wyoming Inc. this week reported solid third-quarter financials, beating street estimates for earnings, but falling short of revenue expectations.

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American Packaging to expand, build new facility in Chili

American Packaging Corp. is expanding its local operations, building a 350,000-square-foot facility in Chili that will retain 170 employees and create 104 construction jobs, Gov. Andrew Cuomo’s office announced Wednesday.

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Rochester Top 100: Tough times helped shape the firm’s success

With two strikes against it, Century Mold Co. Inc. managed to hit a home run twice. First, the injection molding firm managed to prosper while most of the U.S. tool and die and machining industry struggled under competition from Chinese ...

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Trio of firms received 2016 Ethie Awards

The Rochester Area Business Ethics Foundation on Monday night presented its 2016 Ethie Awards to Lewis Tree Service Inc., Tipping Point Communications Inc. and Triplett Machine Inc.

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Grants power UR researcher’s battery work

A University of Rochester researcher has received two grants to help develop next generation batteries on two different scales. In one project, Wyatt Tenhaeff is the lead investigator receiving $306,000 from the National Science Foundation to work on microbatteries. In ...

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