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 ...Read More »
Newark’s Ultralife Corp. on Thursday reported a boost in third-quarter sales but a drop in operating income. The Wayne County battery and communications systems manufacturer posted revenue of $27.49 million, up from $20.33 million in the third quarter last year. ...Read More »
Transcat Inc. reported an improved bottom line in the second quarter, beating Street estimates. For the quarter ended Sept. 30, the Rochester manufacturer reported revenue of $41.76 million, up more than 7 percent from $39.88 million last year. Net income ...Read More »
Optics manufacturer Viavi Solutions Inc. is growing its operations in the town of Henrietta, following the acquisition of RPC Photonics last year. Empire State Development officials said the company would create up to 23 jobs and retain 44 at the ...Read More »
Xerox Holdings Corp. shares spiked Tuesday on earnings that surpassed Street estimates. Company stock (NYSE: XRX) had climbed 16 percent to $35.72 in heavy volume midday, eventually settling at roughly $34.50. Despite a 6.5 percent decrease in revenue to $2.2 ...Read More »
Rush manufacturer Global Precision Products LLC has named Mark Higgins as president and CEO. He succeeds Mark LaBell in the role. Higgins most recently served as president at Omega Tool Measuring Machines and previously was executive vice president of Parlec ...Read More »
Curbell Plastics Inc. has relocated operations — but the firm didn’t go far. The new, larger facility is at 200 Aviation Drive in Chili, directly behind their old location. The new spot provides 50 percent more space to house customer-specific materials, ...Read More »
More than 2,000 people will congregate in Rochester this week as the Joseph A. Floreano Rochester Riverside Convention Center plays host to the biennial SPIE Optifab, the nation’s premier optical manufacturing conference and exhibition. SPIE is an international not-for-profit professional ...Read More »
Wyoming County manufacturer JN White Associates Inc. is readying for a changing of the guards, as a packaging industry veteran joins the firm as its third president. Jason Aymerich most recently served as president of Complemar Partners Inc., an e-commerce ...Read More »
Rochester digital printer ColorCentric Corp. and digital print automation company prInternet Inc. have been acquired by Seattle firm Reischling Press Inc. Financial details of the transaction were not disclosed. The two Rochester companies, as well as Picaboo.com, were part of ...Read More »
A $4.4 million federal grant will help Monroe Community College turn out higher numbers of precision optics graduates. U.S. Rep. Joe Morelle, D-Rochester, announced the grant Wednesday from the Office of Naval Research for the Defense Engineering Education Program in Optics. ...Read More »
Kodak Alaris Inc. is launching a new wave of network-connected scanning solutions as an effort to cater to client demands. The Alaris Infuse Smart Connected Scanning Solution and the Kodak Scan Station 730EX Plus Scanner automate business processes by connecting ...
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L3Harris Technologies Inc. has agreed to pay a $13 million fine for arms export violations that occurred prior to Harris Corp.’s merger with L3 Technologies Inc. A proposed charging letter from the U.S. State Department to L3Harris Chairman and CEO ...Read More »
Rochester manufacturer WorldWide Electric Corp. has appointed a Rochester Institute of Technology graduate as its next president and CEO. Jim Taylor most recently served as president and CEO at Skydex Technologies, a Colorado-based manufacturer of impact and vibration solutions. He ...
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