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Photonics ranks as top story


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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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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$20M plant to open in ’16


 A Canadian vegetable food processor is building a $20 million facility in Medina, Orleans County, with plans to open the first phase next year. Pride Pak Canada Ltd. plans to build a 68,000-square-foot facility on 13 acres in the 155-acre ...

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Company inks deal for 3-D printer work


Can two companies, a disruptive technology and growth plans create significant change? The leaders of Aurora Machine & Manufacturing Inc. and Buffalo area firm Vader Systems LLC hope so. The pair has inked an exclusive manufacturing agreement to build and ...

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Kodak Alaris launches artificial intelligence business

Kodak Alaris Inc. has formed a new business dedicated to helping organizations process and learn from structured and unstructured data through the use of proprietary artificial intelligence technology.

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Harris segment gets $10 million order for radios

Harris Corp.’s Rochester-based Communication Systems’ segment has received a $10 million order to supply its radios to an undisclosed Eastern European nation.

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Three Kraft Heinz plants to stay open for next five years

State leaders announced Wednesday a deal has been made to keep three Kraft Heinz Co. plants in Upstate New York—including one in Livingston County—open for at least the next five years.

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Seneca Foods acquires Michigan company

Seneca Foods Corp. has acquired Gray & Co., a Michigan-based provider of maraschino cherries and one of the largest providers of glace or candied fruit products.

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For Rochester Top 100, total revenue and total employment grew


After taking a dip last year, total revenues logged by the firms, as a group, making up the 2015 Rochester Top 100 fastest-growing private companies climbed more than 7 percent. The Top 100 list is made up of independently owned, private companies based in the RBA’s coverage area.

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