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Rochester Business Journal 25

At long, long last. “All the cutbacks and restructurings that have taken place over the last decade are now forcefully rewarding the bottom line at many firms in the Rochester metropolitan area,” says Gary Ciminero, chief economist at Fleet Financial ...

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Rochester Business Journal 25

Number of firms headquartered in the Rochester area: 21 Number of firms headquartered in the Rochester area that held 1994 annual meetings in Monroe or neighboring counties: 19 Number of firms headquartered in the Rochester area that held 1994 annual ...

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Rochester Business Journal 25

1. Xerox Corp.[1] $794 $6.44 $17,837 $38,585 18.23 4.5 Xerox Square Rochester, N.Y. 14644 423-5090 Designs, develops, manufactures and markets document-processing products and systems 2. Eastman Kodak Co. 554[2,3] 1.63 13,557 14,968 32.67 4.1 343 State St. Rochester, N.Y. 14650 ...

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Rochester Business Journal 25

RANKED BY TOTAL % CHANGE IN NET INCOME, 1993 TO 1994 1. Genesee Corp. 1,093.0 2. Moscom Corp. 89.9 3. Seneca Foods Corp. 69.4 4. Sybron International Corp. 66.8 5. Paychex Inc. 40.7 6. Frontier Corp. 32.9 7. Home Properties ...

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Rochester Business Journal 25

DEFINITIONS NA–Not available. NM–Not meaningful. NET INCOME–Income from continuing operations before extraordinary items and after preferred-stock dividends. All per-share amounts are fully diluted. P/E RATIO–Price/earnings ratio based on 1994 earnings per share and March 31, 1995, share price. RETURN ON ...

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Rochester Business Journal 25

RANKED BY TOTAL % CHANGE IN SALES, 1993 TO 1994 1. Canandaigua Wine Co. Inc. 105.5 2. Hahn Automotive Warehouse Inc. 80.9 3. PSC Inc. 55.4 4. Ultralife Batteries Inc. 36.6 5. Student Loan Corp. 28.8 6. IEC Electronics Corp. ...

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Rochester Business Journal 25

Talk about beating inflation. While much of the area’s corporate rank and file settled for wage hikes of 4 percent or less last year, nearly half of the Rochester Business Journal 25 CEOs saw their pay envelopes swell with percentage ...

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Rochester Business Journal 25

RANKED BY TOTAL COMPENSATION IN 1994 Compensation(1) % Company Executive 1994 1993 Change 1. Eastman Kodak Co. George Fisher 6,004,825 5,484,769 9.5 2. Xerox Corp. Paul Allaire 5,081,772 2,229,865 127.9 3. ACC Corp. Richard Aab 2,013,497 643,546 212.9 4. Bausch ...

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Rochester Business Journal 25

At Rochester Gas and Electric Corp.’s annual meeting in April, CEO Roger Kober told shareholders that restructuring of industry will create “great opportunities for companies whose strategies are in line with what their customers want.” But he warned: “The message ...

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Rochester Business Journal 25

(Continued from previous page) RBJ: I would imagine most of the people who work here have worked here for a number of years and virtually all that time under the old way of doing things. What you seem to be ...

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Rochester Business Journal 25

Community values, civic commitment, local roots. Lead any of the Rochester Business Journal 25 to speak lovingly of the upstate homeland, and it’s best foot forward all the way. But that best foot rarely, if ever, steps over the bottom ...

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Rochester Business Journal 25

The road to re-engineering is not paved with the theory of Michael Hammer and James Champy, a number of companies have found. The restructuring gurus’ 1993 best seller, “Reengineering the Corporation: A Manifesto for Business Revolution,” described a method of ...

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Rochester Business Journal 25

Some are one-paragraph quotes, others neatly bound booklets; some wear nothing fancier than company letterhead, others are crowned by names such as “the Monro Doctrine” and “the Eastman Way.” Though composed differently, all are values statements–and nearly all of the ...

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Rochester Business Journal 25

Observers who scan the employment horizon here offer no reason for alarm but, at the same time, no reason to expect significant growth. Over the past year, nearly half of the Rochester Business Journal 25 added employees, while the rest ...

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Rochester Business Journal 25

RANKED BY NET CHANGE IN NUMBER OF LOCAL EMPLOYEES, 1994 TO 1995 Number of Local Full-Time Net Change % Change Employees(1) Rank Company From 1994 From 1994 1995 1994 1. Frontier Corp. 538 26.2 2,588 2,050 2. IEC Electronics Corp. ...

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