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

Faced with an all-funds gap of $31.4 million, the city of Rochester is providing three avenues for public input on the budget for fiscal year 2021-22. Residents may participate in any or all of the public forums: An online survey ...

Rochester’s Arnold Magnetic Technologies Corp., a subsidiary of Compass Diversified (CODI) today has acquired Ohio manufacturer Ramco Electric Motors Inc. Financial terms of the transaction were not disclosed. Arnold is a leading global manufacturer of high-performance magnets, magnetic assemblies, precision ...

Tagged with: acquisitions arnold magnetic technologies arnold magnetics

RCare, Inc., the Webster-based provider of nurse call and personal emergency response systems, is undergoing a transition in leadership. Webster native Jeffrey Knauss will acquire RCare, Inc., from CEO and founder Myron Kowal, who has announced his retirement. Kowal will ...

Ten two-letter words help define James Lines’ philosophy about life in general and work in particular: If it is to be it is up to me. “If you want something, go after it; don’t wait for it to happen. Set ...

IBM Corp. plans to make a more than $3.3 million in-kind donation to Rochester Institute of Technology to help enhance the cybersecurity capabilities in the university’s new Global Cybersecurity Institute. The gift will enable RIT to enhance cybersecurity workforce development ...

Tagged with: cybersecurity global cybersecurity institute cyber range and training center IBM RIT Rochester Institute of Technology

Trillium Health on Tuesday said it stands to lose more than $5 million annually if the state proceeds with its carve-out of the 340B program on April 1. The resources in jeopardy are related to the 340B prescription drug discount ...

Tagged with: 340B Cuomo medicaid prescription drugs trillium health

As Garth Fagan Dance continues to celebrate its 50th anniversary season, a new collaboration with Rochester Institute of Technology and the National Technical Institute for the Deaf may help ensure another 50 years of expressive contemporary dance. Garth Fagan Dance ...

Architectural trends tend to be of the “style” variety, predicting less of what’s evolving in the industry and more of what’s trending at the moment. Perhaps a victim of its own making, the architectural practice has largely operated the same ...

Monroe Community College has launched a web tool to help job-seekers and adult learners define a career path. SkillsMatch is a free tool that enables individuals to identify interests and marketable skills based on work history and educational background. Current ...

A fourth-generation, family-owned Rochester commercial printer has been acquired by an Illinois company. Hammer Packaging Corp., which got its start in Rochester more than 100 years ago, has been sold to Fort Dearborn Co., a leading supplier of high-impact decorative ...

Tagged with: acquisition hammer packaging james hammer jim hammer printing

COVID-19 has changed the relationship between general contractors and subcontractors, with those in the field there has been an increased emphasis on teamwork and safety. Gregory Craig, president of DGA Builders LLC, says his firm’s relationships with its construction partners, ...

As part of its plan to locate at Genesee County’s Western New York Science & Technology Advanced Manufacturing Park (STAMP), Plug Power Inc. has requested incentives from the Genesee County Economic Development Center. GCEDC’s board of directors will consider a ...

Tagged with: GCEDC genesee county genesee county economic development center incentives plug power stamp

Carestream Health earned 70 new patents in medical imaging last year for advances in digital radiography, mobile imaging, X-ray systems and other health care technology areas, the company said. An additional 43 patents were received in Europe and Asia. “Carestream’s ...

Tagged with: carestream imaging patents

The REMADE Institute will award $43 million in new technology research and has selected 24 new projects as part of the institute’s latest round of funding. REMADE CEO Nabil Nasr said he expects the results of the projects to move ...

Tagged with: circular economy nabil nasr REMADE Institute

Unity Hospital is the first in the nation to achieve a designation from the American College of Surgeons that recognizes its dedication to providing optimal care for its older adult patients. The American College of Surgeons’ Geriatric Surgery Verification Program ...