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

It is important for any business to have appropriate insurance coverage. Nevertheless, many businesses fail to evaluate the scope of coverage necessary to offset business risks. Oftentimes, questions related to insurance coverage do not receive much attention. The cost to acquire just enough coverage to ...

Hickey Freeman will hire up to 100 new workers to meet production demands for new clothing agreements and also may benefit from Sen. Charles Schumer’s plan to create a U.S.-based supply chain for the production of personal protective equipment. Headquartered ...

At ESL Federal Credit Union, having diversity in every level of the organization is important to  serve every community in the greater Rochester area, whether it is people who are underserved by financial institutions and “underbanked,” or people who are high-net ...

InTEST Corp., a global supplier of test and process solutions for use in manufacturing and testing across a wide range of markets, on Monday said that it has executed a new five-year credit agreement with M&T Bank, which includes a ...

Tagged with: acquisitions ambrell credit facility inTEST

Empire State Development spends nearly $2 billion annually in taxpayer money for loans, grants, tax credits and other incentives to companies and projects, but fails to properly evaluate most of its programs to determine if they actually are boosting the ...

Tagged with: audit comptroller dinapoli economy empire state development ESD legislature Taxes taxpayers thomas dinapoli

Monroe County has launched two initiatives meant to ensure short- and long-term growth and stability, and wants public input on how $144 million in American Rescue Plan Act (ARPA) funds should be spent. Bring Back Monroe is the county’s agenda ...

Dr. Michael Mendoza will receive the New York State Senate Commendation Award today, recognition for his guidance as Monroe County’s commissioner of public health during the COVID-19 pandemic. Sen. Jeremy Cooney (D-Rochester) presented the award, which honors “exceptional people throughout ...

The COVID-19 pandemic accelerated the use of technologies, as well as the development of new ones in the insurance industry, as companies turned to the option more than ever to continue to do business.   The need for digital services — including ...

Royal Oak Realty Trust recently bought the six properties belonging to mechanical contractor John W. Danforth in a sale/leaseback deal, the third-largest transaction in terms of square footage by the Rochester-based real estate investment firm. John W. Danforth sold two ...

Achieving a diverse, equitable and inclusive community will take the help of everyone, including local business leaders, says Seanelle Hawkins, president and CEO of the Urban League of Rochester.   “We all have to take a piece of the puzzle and do our part,” Hawkins says.   ...

Congressman Joe Morelle is calling increased efforts by the federal government to eradicate the spotted lanternfly, an invasive insect that threatens the state’s agriculture economy. The spotted lanternfly poses significant concerns for farmers, wine makers, brewers and others involved in ...

The COVID-19 pandemic continues to affect insurance premiums in lines across the board, with some in the field believing the increased hikes and altered terms will be short-term, while others believe they may be in place longer. “The marketplace for ...

The median annual salary for civil engineers continued to climb, but minorities and women earn significantly less than males, according to the 2021 American Society of Civil Engineers Salary Report. Median pre-tax pay was $119,000, an increase of $10,000 over ...

Two Rochester firms, Crystal Creek Organics, Inc., and PrisAM LLC, are among 12 finalists in the fifth annual FuzeHub 2021 Commercialization Competition, with $50,000 to be awarded to the winner. FuzeHub assists small- and medium-sized manufacturing companies in New York. ...

A bill intended to crack down on catalytic converter theft by placing requirements on scrap metal recyclers has been vetoed by Monroe County Executive Adam Bello. The bill was passed by the County Legislature on Sept. 14 and required scrap ...