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

Wayne County’s IEC Electronics Corp. will begin trading on the Nasdaq Global Market under the symbol IEC beginning Jan. 2, the company announced. The Newark company, which provides electronic manufacturing services to advanced technology companies, will continue to trade on ...

Tagged with: iec nasdaq nyse

FIFCO, the global beverage company that owns Genesee Brewery, says the CEO of its Rochester-based U.S. division, will leave his position on Jan. 15. Adrian Lachowski had taken the position at FIFCO USA understanding that it would be a two-year ...

Tagged with: Adrian Lachowski FIFCO FIFCO USA Genesee Brewery

A local company that has been developing a solar panel that can produce more energy and be made more quickly has earned a $4 million award from the U.S. Department of Energy to scale up its technology and process. Energy ...

Tagged with: Dave Buemi Eastman Business Park energy Energy Materials Corp. solar energy solar panels Stephan DeLuca

Novomer Inc. has chosen a manufacturing veteran to lead the company to commercialization. Jeff Uhrig took the helm of the Rochester chemical transformation company last week, the company announced. Uhrig will oversee day-to-day business operations and direct efforts to further ...

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Hewlett Packard Inc. on Sunday shot back at Xerox Holdings Corp.’s Thursday letter threatening a hostile bid attempt by issuing its own strongly worded denunciation. “It is clear in your aggressive words and actions that Xerox is intent on forcing ...

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Three local companies have been named winners of the FuzeHub Commercialization Competition. Each company will receive $50,000 for commercialization efforts. Rochester’s Circle Optics Inc., Combine Energies LLC and Molecular Glasses Inc. joined startups in Ithaca, New York City and Woodbury ...

Tagged with: circle optics combined energies empire state development fuzehub Molecular Glasses

CooperVision Inc. has received U.S. Food and Drug Administration approval for its new MiSight one-day contact lens. The lens is touted as the cornerstone of a comprehensive myopia management approach. The MiSight lens is the first and only FDA-approved product ...

Tagged with: contact lens coopervision fda misight

Days after revealing that activist investor and Xerox Holdings Corp. majority shareholder Carl Icahn had purchased $1.2 billion in Hewlett Packard Inc. stock—a sign that the 83-year-old investor wholeheartedly backed a merger between the two companies—HP announced it had rejected ...

Tagged with: fuji hp merger xerox

Consumers want their food choices to be fresh, local, “clean,” healthy, decadent, plant-based, full of taste, packaged in a recycled container, and made by a company that has a social conscience and doesn’t harm the environment. Those were some of ...

Tagged with: Chobani Cornell Agritech Cornell University empire state development Grow-NY LiDestri RealEats Rich Products The Perfect Granola

Victor manufacturer Gorbel Inc. has revamped its senior leadership team, including the installation of a new president. The material handling, fall protection and gait and balance therapy equipment manufacturer has named David Pritchard as president and chief operating officer, replacing ...

Tagged with: brian reh david pritchard david reh Gorbel

If Halloween’s over and the first snow has arrived, it must be time to start planning Christmas tree-lighting events. For the sixth year, Genesee Brewery will light up a tree made of beer kegs and decorated with more than 30,000 ...

Tagged with: Christmas tree lighting Genesee Brewery keg tree

Xerox Holdings Corp. is reportedly in talks with HP Inc. to acquire the computer and printer giant, a deal valued at more than $27 billion. And it’s a deal that could mean good things for Xerox’s Webster campus, one local ...

Tagged with: george conboy hewlitt packard hp visentin xerox

The feud between Xerox Holdings Corp. and Fujifilm Holdings Corp. may finally be over. Fuji has agreed to acquire Xerox’s one-quarter stake in Fuji Xerox for $2.3 billion, the two companies said Tuesday. Both companies’ boards agreed to the deal, ...

Tagged with: fuji fuji xerox fujifilm komori visentin xerox

Bausch Health Cos. Inc., the Canadian parent company of Bausch & Lomb Inc., on Monday reported a third-quarter loss of $49 million but a bottom-line improvement that beat Street estimates. For the third quarter ended Sept. 30, Bausch Health posted ...

Tagged with: bausch & lomb bausch health Earnings

Delphi Technologies PLC officials on Thursday announced plans to shutter the company’s Henrietta research and development facility, eliminating 235 jobs, as part of a larger plan to cut costs. Delphi CEO Richard Dauch, Vice President of Investor Relations Sherief Bakr ...

Tagged with: closure delphi Earnings