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Xerox misses Street expectations for Q1

Shares of Xerox Corp. were down slightly after the company reported first-quarter financial results that missed Street expectations. Shares of Xerox (NYSE: XRX) were trading midday around $7, down from its Monday close of $7.06. The company reported, before markets ...

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Parlec sells tooling division to Indianapolis firm

Perinton-based Parlec Inc. said Monday it has sold its tooling division to Indianapolis-based Techniks Industries. Parlec will retain its presetter business under the Omega Tool Measuring Machines brand. Presetters are tool measurement devices. “In January 2016, the executive team at ...

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Panelists tout the potential for photonics

The New York contingent that attended a recent photonics conference in California not only included more participants than other states, the group of companies went head-to-head with entire countries. The number of New York firms that attended shows the state, ...

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Xerox execs saw compensation rise in 2016

Xerox Corp.’s top leaders saw an increase in their year-over-year compensation in 2016, a filing with the Securities & Exchange Commission shows. Ursula Burns, who served as chairman and CEO, reported total compensation of nearly $14.1 million in 2016, up ...

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Photonics ‘in a very good place’

The American Institute for Manufacturing Integrated Photonics is gaining steam in 2017 and laying the groundwork for creating a sustainable model, its leaders say. “We’re in a very good place right now,” said Robert Duffy, chairman of AIM Photonics Leadership ...

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Photonics resource directory

A listing of businesses and organizations involved in photonics and optics Industry Associations and Societies American Institute for Manufacturing Integrated Photonics (AIM Photonics) Federally funded consortium uniting government, industry and the academic community that seeks to advance manufacturing technology for ...

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Xerox unveils new product line (access required)


Xerox Corp. Wednesday announced its single largest product launch with devices geared toward a more technological and mobile workforce. The company unveiled a line of printers and multifunction devices that have simple and secure on-the-go capabilities, cloud connectivity and access ...

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Optimax concentrates on employee training

Optimax Systems Inc. continues its growth path, with work in emerging technological markets and a commitment to employee development. The company has some 300 employees, up from 270 last year, and expects to increase its workforce this year by roughly ...

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