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Manufacturing

RIT unveils Digital Manufacturing and Product Realization Lab

Rochester Institute of Technology announced Friday the creation of a Digital Manufacturing and Product Realization Lab designed to help entrepreneurs turn ideas into prototypes that will lead to new products.

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Mott’s to expand manufacturing and update

Mott’s LLP will add manufacturing lines and update machinery at its production facility in Wayne County and will create 20 jobs, officials said Wednesday. The new workers will enable the plant to produce its Mott’s Snack & Go applesauce pouches, ...

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Xerox Corp. tops expectations for second-quarter profit

Shares of Xerox Corp. were up more than 3 percent Friday after the company reported its second-quarter financial results before the market opened. Shares of Xerox were trading midday at $13.26, up from Thursday’s close of $12.72.

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Constellation CEO’s compensation jumps to $10.4 million in 2014

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Total compensation for Robert Sands, president and CEO of Constellation Brands Inc., jumped some 30 percent to $10.4 million in 2014, a filing with the Securities and Exchange Commission shows. The company reported Sands’ total compensation rose from $8 million in 2013.

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Graham wins $8 million worth of orders

Graham Corp. has won three refinery orders for projects valued at some $8 million, the Batavia, Genesee County, firm said Tuesday.

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Xerox shares rise after Q1 beats earnings expectations

Xerox Corp. on Tuesday morning reported a drop in first-quarter profit and sales Tuesday, due, in part, to higher than expected investments in its government health care business. But it still beat Street expectations for earnings.

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Revenue, gross profit rise at Carestream Health

Carestream Health Inc. revenues rose some 1 percent in 2013 to $2.43 billion. The company ranked fifth on the Rochester Business Journal’s most recent list of manufacturers with 1,250 employees.

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Xerox hits expectations for Q4

Shares of Xerox Corp. stock were down roughly 1 percent Friday after the company reported fourth-quarter earnings that were in line with expectations. Shares of Xerox (NYSE: XRX) were trading midday at $11.64, down from Thursday’s close of $11.76.

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