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News and Trends

Info tech firm Just Solutions acquires AstraNetworks

Just Solutions Inc. has acquired Rochester-based AstraNetworks—a Panasonic Corp. phone system provider, the company announced this week. “We’re happy our employment keeps growing, and picking up Panasonic is a great partner product,” said David Wolf, co-founder and vice president of ...

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Rochester Top 100: Tough times helped shape the firm’s success

With two strikes against it, Century Mold Co. Inc. managed to hit a home run twice. First, the injection molding firm managed to prosper while most of the U.S. tool and die and machining industry struggled under competition from Chinese ...

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City site keeps firm on growth path

It has been over a year since VisualDx Inc. moved downtown as one of the first companies in the Innovation Zone. To company leaders, it is looking like a move in the right direction. The more than 10,000-square-foot space at ...

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Analysts predict increase in Xerox earnings

Analysts expect Xerox Corp. to report mixed results when the company releases its third-quarter results next Friday. Analysts polled by Zack’s Investment Research expect Xerox to report earnings per share of 27 cents, up 13 percent from earnings per share ...

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Grants power UR researcher’s battery work

A University of Rochester researcher has received two grants to help develop next generation batteries on two different scales. In one project, Wyatt Tenhaeff is the lead investigator receiving $306,000 from the National Science Foundation to work on microbatteries. In ...

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Paychex expecting more strong growth

Paychex Inc. expects its net income to grow some 7 percent in 2017, with payroll service revenue up 3 to 4 percent and human resources services growth of 12 to 14 percent. The increases are expected to continue the pattern ...

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Impact investing takes root upstate

Entrepreneurs with a new product or technology that improves human health or the environment have a special appeal when investors want more than just a financial return from their investments. The growing field of impact investing has found fertile soil ...

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Financial startup enters the Rochester market

It is a familiar problem for people in the construction industry: waiting to get paid. In an industry where small contractors predominate and working capital is hard to come by, the payment chain can easily bog down. Enter BuildPay LLC, ...

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CoreLife Eatery to open restaurant in Henrietta

CoreLife Eatery LLC, a Binghamton-based health food restaurant, will open a third location in Henrietta at 11 a.m. Oct. 20. The new location is at 100 Marketplace Drive. The firm operates restaurants in Webster and Greece, both of which opened ...

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Broadtree Homes buys Atlanta properties

Broadtree Homes Inc. has acquired a portfolio of 37 single-family rental homes in suburban Atlanta for a total price of roughly $2.6 million. The private real estate investment trust, managed by Broadstone Real Estate LLC, purchased the portfolio from American ...

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Leaders of Sydor, Breathe Yoga honored

Michael Pavia of Sydor Technologies LLC and Cyndi Weis of Breathe Yoga and Juice Bar Inc. were winners this week of the 2016 Business Person of the Year award. The 34th annual Small Business Council of Rochester event recognized Pavia ...

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Reddit co-founder sees amazing tech opportunity

Rochester Institute of Technology is bringing to campus a major tech entrepreneur who started three successful companies, all by the age of 33. Alexis Ohanian is the keynote speaker for RIT’s Saunders College William D. Gasser lecture series—a series held ...

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Industry seeks to end shortage of workers here

The Rochester region is estimated to be short hundreds of workers in the field of advanced manufacturing as older workers retire, and officials in the field are taking steps to increase interest in the career path. “In conversations with business ...

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