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Manufacturing

Xerox plans to lay off 3,000 workers companywide

Xerox Corp. said Friday it plans to decrease its companywide workforce by some 3,000 employees this year as part of a restructuring effort on the services side of the business.

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LiDestri plans $6M expansion, to add 29 jobs

LiDestri Food & Beverage is expanding its operations, creating a wholly owned subsidiary called Finger Lakes Fresh Press that will help bring fresher foods with longer shelf lives to the market. The operation, available mostly to food and beverage manufacturers ...

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‘Go-shop’ period ends on Home Properties acquisition

Home Properties Inc. announced Thursday the "go-shop" period set forth in the previously announced merger agreement entered into with affiliates of Lone Star Funds and UDR Inc. has expired.

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Analysts see declines in Q2 for Xerox

Analysts expect Xerox Corp. to report double-digit percentage decreases in second-quarter profit and sales when the company releases its financial results next Friday. Analysts polled by Thomson Reuters expect Xerox to report earnings per share of 22 cents, down 17 ...

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Harris to add 100 jobs in Rochester within a year

Harris Corp. will add 100 new jobs to the Rochester area over the next 12 months, with the potential to later add another 50 positions, Sen. Charles Schumer, D-N.Y., announced Wednesday.

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Harris Communication Systems segment to be based here

Harris Corp. on Friday said it will base its new Communication Systems segment in Rochester. The Florida-based company also plans to keep its corporate headquarters and two of its newly formed segments in the Sunshine State. A fourth segment is to be based in Herndon, Va.

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IEC sells Southern California Braiding for $2.5 million

IEC Electronics Corp. said Friday it has sold its Southern California Braiding Co. Inc. business to Los Angeles-based DCX-CHOL Enterprises Inc. for roughly $2.5 million--one-tenth of the price it paid for the firm less than five years ago.

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Up to the challenge

Up to the challenge: North American Breweries CEO Kris Sirchio sees plenty of potential to grow again.

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New uses ahead for print site

Roughly a year after the closure of Monroe Litho Inc., the property owners have plans to redevelop the site into storage and office space, along with the potential for residential and retail development. Peter and Christopher Pape, partners in C&P ...

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Excel Machines donates equipment to FLCC program

A local distributor of advanced machine tools has donated equipment worth $82,500 for use in the Finger Lakes Community College advanced manufacturing machinist training program at ITT Goulds Pumps Inc. in Seneca Falls.

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Thank your employees, and help them thank others

“Thank you, I thought over and over again. Thank you … for everything the trail had taught me.”  —Cheryl Strayed upon finishing her 1,100-mile hike of the Pacific Crest Trail In her bestselling book “Wild: From Lost to Found on ...

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