The chairman of the board of Eastman Kodak Co., Jim Continenza, has become executive chairman, a title merging the duties of board chairman and chief executive officer. The board announced Wednesday evening that Continenza will assume the duties held by ...
Tagged with: Eastman Kodak Co. flexographic Jeffery Clarke Jim Continenza Phillippe Katz SONORA
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Shares of Bausch Health Cos. Inc., Bausch & Lomb Inc.’s Canadian parent company, were down more than 8 percent Wednesday after the health care product company reported a fourth-quarter loss of $344 million. For the quarter ended Dec. 31, Bausch ...
Tagged with: bausch & lomb bausch health Earnings
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Hickey Freeman, the iconic Rochester men’s clothier, received an $8.2 million birthday present on Wednesday that company executives and government leaders say will ensure the firm’s long-term viability in a changing tailored clothing market. Luxury Men’s Apparel Group, the parent ...
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Axis New England and Axis New York, which has its headquarters in Rochester, have been acquired by Motion Industries Inc. Financial details of the acquisition were not disclosed. Axis New York’s focus is on automation, including robotic and machine automation. ...
Tagged with: axis new york motion industries
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Manufacturing activity across New York grew modestly in February, the latest Empire State Manufacturing Survey shows. The headline general business conditions index moved up 5 points to 8.8, following a drop of eight points in January. Still, growth was at ...
Tagged with: empire state manufacturing survey
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Garlock Sealing Technologies LLC parent EnPro Industries Inc. this week reported a fourth-quarter increase in sales and earnings, beating Street estimates. For the quarter ended Dec. 31, EnPro posted revenue of $381.4 million, up from $362.5 million in the year-ago ...
Tagged with: Earnings enpro garlock
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Gates manufacturer Corrosion Products & Equipment Inc. has been purchased by a Rhode Island group of specialty distributorships. INSCO Group has acquired CPE for an undisclosed sum. The acquisition includes CPE’s headquarters in Gates, which employs 18 people, as well ...
Tagged with: corrosion products & equipment insco tortorella
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Operating conditions across the manufacturing sector nationwide improved in January, a monthly report from IHS Markit shows. The January IHS Markit U.S. Manufacturing Purchasing Managers Index reports that domestic demand drove new business growth, as new export orders rose only ...
Tagged with: ihs markit institute for supply management ism manufacturing
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First American Manufacturing Finance, part of City National Bank, is dangling the proverbial carrot for college students looking to bring new thinking and innovation to the manufacturing industry. Now in its second year, the equipment finance company is accepting applications ...
Tagged with: First American Manufacturing Finance scholarships
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Ultralife Corp. shares fell Thursday morning in heavier-than-usual trading, following the Newark manufacturer’s fourth quarter earnings report. Ultralife shares (Nasdaq: ULBI) closed Wednesday at $8.05 and had fallen $1 before rebounding to $8.04 in afternoon trading Thursday. For the quarter ...
Tagged with: Earnings ulbi ultralife
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Rochester Institute of Technology’s Golisano Institute for Sustainability, housed in Sustainability Institute Hall, lists nine different laboratories. But one that’s not on the list is the biggest of all – the building itself. With power or heat or both produced by a ...
Tagged with: Diana Rodriguez Alberto Golisano Institute for Sustainability Lauren Toretta Rochester Institute of Technology Synergy BioGas Thomas Trabold
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Xerox Corp. has outlined a three-year strategy to expand its market and boost its bottom line. At an Investor Day meeting, Xerox Vice Chairman and CEO John Visentin said the company will focus on four key areas to position Xerox ...
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Sales at Newark’s IEC Electronics Corp. soared in its first quarter, as profit margin nearly doubled. For the quarter ended Dec. 29, The Wayne County manufacturer posted revenues of $35.4 million, up 68 percent from $21.2 million in the first ...
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SPX FLOW Inc.—which has its Lightnin subsidiary in Rochester—on Tuesday reported an improved bottom line in the fourth quarter, beating Street expectations. For the quarter ended Dec. 31, SPX reported revenues of $538.3 million, compared with $529.2 million in the ...
Tagged with: Earnings lightnin' spx
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Transcat Inc. on Monday after the bell reported record third quarter revenue, but failed to reach analyst expectations. For the quarter ended Dec. 29, Transcat posted revenues of $40.87 million, up slightly from $40.48 million in the year-ago quarter. Net ...
Tagged with: Earnings transcat
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