Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

Optimax Systems Inc. plans to expand its Wayne County facility with a 60,000-square-foot addition. The $21.7 million expansion will allow Optimax to raise the bar when it comes to supplying optics for its customers and will help the company solidify ...

Tagged with: ESD optics optimax

Garlock Sealing Technologies LLC parent EnPro Industries Inc. last week reported a 13 percent increase in second quarter sales and a 28 percent increase in net income, but failed to meet Street estimates. For the quarter ended June 30, EnPro ...

Tagged with: Earnings enpro garlock

Ambrell Corp. parent company, inTEST Corp., reported an increase in second quarter revenue and earnings, beating Street estimates. For the quarter ended June 30, inTEST reported net revenues of $21.1 million, up from $15.9 million in the second quarter last ...

Tagged with: ambrell Earnings inTEST

Ultralife Corp. last week reported an increase in second-quarter income and earnings, boosted in part by defense sales. The Newark, Wayne County-based power solutions manufacturer posted revenue of $22.9 million for the quarter ended July 1, a nearly 15 percent ...

Tagged with: Earnings ultralife

The first female to complete the Monroe Manufactures Jobs Mold-Making Program was honored this week at a ceremony that touted her as likely the only female mold-maker apprentice statewide. Niayah Blair graduated from Monroe Community College in 2017 and has ...

Tagged with: apprenticeships MCC Monroe Manufactures romold

SPX FLOW Inc.—which has its Lightnin subsidiary in Rochester—on Wednesday reported an improvement in profits and reiterated its 2018 guidance on strong organic growth. Revenues for the second quarter ended June 30 grew 6.5 percent to $531.2 million from $498 million ...

Tagged with: Earnings lightnin' spx

Seneca Foods Corp. this week reported a loss in income and earnings as a result of continued struggles with its West Coast fruit business, which it has since exited. For the first quarter ended June 30, Seneca Foods reported a ...

Tagged with: Earnings seneca foods

When George Eastman started building Kodak Park in 1891, the first building constructed in the former orchard was a power plant. Such was the importance of energy to the camera and film manufacturer. In 2018, energy is still critical and ...

Tagged with: Eastman Business Park eastman kodak Ironclad Energy RED Rochester

Xerox Corp. on Thursday reported a drop in second quarter revenues and earnings, missing Street estimates. The document company also announced plans for a $1 billion share repurchase program, and Xerox will opportunistically buy back up to $500 million in ...

Tagged with: Earnings fujifilm visentin xerox

Transcat Inc. this week reported first-quarter increases in revenue and earnings, beating Street estimates. The Rochester-based provider of accredited calibration, repair, inspection and laboratory instrument services posted sales for the quarter ended June 30 of $36.7 million, compared with $36.3 ...

Tagged with: Earnings transcat

Bausch & Lomb Inc. parent Valeant Pharmaceuticals International Inc. has changed its name and last week began trading under a new ticker symbol on the New York Stock Exchange. Valeant’s new moniker, Bausch Health Cos. Inc. (NYSE: BHC), will help ...

Tagged with: bausch & lomb bausch health valeant

A Victor manufacturer plans to expand its presence in the southwest with a new facility in Arizona. Gorbel Inc., a manufacturer of material handling and fall protection equipment including the SafeGait 360 Balance and Mobility Trainer, will open a facility ...

Tagged with: brian reh david reh Gorbel

Harris Corp.’s Space and Intelligence Systems will provide the audio communication system for NASA’s first human deep-space exploration mission, scheduled to launch in 2022 onboard the Orion spacecraft. Orion is NASA’s first spacecraft designed for long-duration, deep-space exploration by humans. ...

Tagged with: harris corp. orion space exploration

The Reducing Embodied-Energy and Decreasing Emissions (REMADE) Institute has selected 17 projects for its first public-private partnership to focus on driving down the cost of technologies needed to recycle and reuse materials in manufacturing. The 17 projects have a total ...

Tagged with: nabil nasr remade

No cork. No corkscrew. And, if you prefer, no glass. While canned wines have been available for several years from the West Coast and Europe, they’re just starting to spring from the vines in the Finger Lakes region. Bellangelo, overlooking ...

Tagged with: Bellangelo canned wine Century Liquor finger lakes Fox Run Vineyard Lakewood White House Liquor wine