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Manufacturing

GM to use $2.8 billion to buy pieces of Delphi

The Treasury Department has approved a $2.8 billion withdrawal from General Motors Corp.'s escrow account so it can purchase a "membership interest" in its former division.

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IEC ranks No. 29 on Forbes list

IEC Electronics Corp. ranked the highest among local companies on this year’s Forbes 200 Best Small Companies in America.

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Constellation in talks with Australian firm

Constellation Brands Inc. is considering selling certain assets and combining parts of its Australian and U.K. wine operations with a leading Australian wine company in exchange for a substantial but non-controlling interest in the combined entity.

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Graham sales, profit slump

Graham Corp. reported drops in second-quarter sales and profit Friday, citing sustained weakness in the U.S. and international refining and petrochemical markets.

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Magnatag founder’s son becomes heir apparent

Wallace Krapf Jr. says he feels as if he has not worked a day in more than 40 years as founder and CEO of Magnatag Visible Systems and its parent company, W.A. Krapf Inc.

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Panelists give insights on international business

When Richard Rosenbloom, the CEO and chairman of Ameritherm Inc., needed someone to manage the firm’s European business, he hired someone based on a resume. The move failed. What he should have done was meet with the candidate in person ...

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Service segment bolsters Transcat

Performance at Transcat Inc., aided by its service segment and stabilization in the national economy, steadied in the second quarter fiscal 2010, the Ogden company reported. The company expects a stronger second half.

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Diamond Packaging looks to add 100 positions

See Corrections and Amplifications below Leaders of Diamond Packaging anticipate that a new printing press arriving this year could add $10 million to annual revenue. The company also expects to add 100 jobs over the next five years. President Kirsten ...

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Ninfo dismisses Jolt bankruptcy

A U.S. Bankruptcy Court judge has dismissed the Jolt Co. Inc.’s Chapter 11 petition. Ruling from the bench Tuesday, Judge John Ninfo II said a non-court-supervised liquidation would be more likely to serve the interests of the energy drink company’s ...

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Commercial Builders

Commercial Builders with offices in Monroe, Genesee, Livingston, Ontario, Orleans and Wayne counties; ranked by total dollar volume of non-residential projects

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Survey shows business conditions improve

General business conditions in the Rochester area improved in September, a monthly survey by the National Association of Purchasing Management-Rochester Inc. shows.

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