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Fisher’s speech to Kodak shareholders

(Continued from previous page) But we’re not stopping there. We realize that in a world where mass marketing is changing quickly, we need to aggressively market more directly to our consumers. That’s the idea behind a unique U.S. direct mail ...

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George Fisher: “Kodak is changing the picture”

The following speech was delivered by CEO George Fisher at Eastman Kodak Co.’s annual meeting, held in Rochester on May 10, 1995: Last year, as we began the process of transforming Eastman Kodak Company and returning it to world class ...

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RBJ 25 – Productivity

RANKED BY PROFIT PER EMPLOYEE IN 1994 Per Employee ($000) Total Rank Company Profit Sales Assets Employees 1. Student Loan Corp. 69.7 465.2 6808.5 788 2. Sybron International 47.0 480.6 609.5 915 3. RGE 32.3 482.3 1188.5 2,075 4. Rochester ...

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Multiple yardsticks required
to measure productivity gains

Companies in the Rochester Business Journal 25 crept, schlepped and leapt last year toward a productivity payoff: that coveted but often-elusive goal of corporate restructuring. But measures of profit and sales per employee show only part of the productivity picture, ...

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Fleet Equity Partners rings up cash to fuel ACC Corp.

A $10 million shot of cash brightened the balance sheet at ACC Corp. this week, but the telecom firm continues its hunt to fund rapid expansion at home and abroad. Fleet Equity Partners of Providence, R.I.–the venture capital arm of ...

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Fishgold business activities
draw attention of FBI office

The Federal Bureau of Investigation is looking into possible fraud in the 1994 bankruptcy of a Louis Fishgold Inc. subsidiary in Elmira and in the more recent shutdown of the parent company, a source cooperating with the investigation says. The ...

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Downtown gets bum rap, police stats suggest

What is Rochester’s safest neighborhood? Downtown. According to Rochester Police Department crime statistics, the city center–with its daily influx of some 60,000 workers–last year accounted for a mere 5 percent of all serious crimes committed in the city. By the ...

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RCSB mum as stock price, trading volume zoom upward

Rochester Community Savings Bank’s stock price soared last Friday in high-volume trading, even before published reports indicated the bank was back in play as an acquisition target. Word that big money was chasing the bank’s stock in anticipation of a ...

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New client demands force law-firm changes

Like the ducks on the Genesee River, Rochester’s big law firms glide across the business scene–calm, unruffled, serene. Beneath the surface, they are paddling like hell to stay afloat. Mergers and consolidations, high-tech retooling, regionalization, specialization, efficiency studies, estimating and ...

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Volume of business at foreign trade zones jumps

Rochester is witnessing a flurry of foreign-trade-zone activity, both private and public. Two weeks ago, Gleason Corp.’s 850,000-square-foot manufacturing facility was designated a foreign trade subzone, ending a 16-month application process, said Murray Stahl, export manager. Gleason, a maker of ...

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Canada watchers expect June vote
in Ontario to give business a boost

Next month’s Ontario election bodes well for businesses on both sides of the border, Canada watchers say. And with a massive federal budget overhaul announced earlier this year, America’s northern neighbor appears to be getting its fiscal house in order. ...

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DuBois Press
liquidation sought

DuBois Press Inc. creditors last week moved to force the Rochester printing firm into bankruptcy. Meanwhile, its former president, Richard Dunlevy, is working as a salesman for a rival printer. The 100-year-old DuBois Press had been among Rochester’s 25 largest ...

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Improved margins in 1994 fail to cheer hospital executives

Many area hospitals last year predicted even slimmer operating margins for 1994 than they experienced in 1993. For most, that proved not to be the case. Just wait, hospital executives say now; budget cuts expected to occur last year are ...

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DocuTech delivers for Xerox,
leads way into digital domain

When Xerox Corp. opens its booth in Dusseldorf today at the world’s largest printing trade show, the DocuTech electronic publisher will occupy center stage. Five years ago, digital publishing was strictly a behind-the-scenes player at Xerox. But even as DocuTech ...

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