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Today’s Top Stories

Detection Systems buys
French firm

its growth with the acquisition of a French equipment manufacturer and distributor. The purchase is expected to give the Fairport company immediate sales access to one of the world’s key markets. DSI paid $600,000 in company stock in exchange for ...

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Frontier decides to
drop Rochester Tel name

Telephone Corp. is disappearing. Company officials today announced plans to rename the company as Frontier Telephone of Rochester Inc. The trucks, shirts, logos and even telephone books will reflect the name change as the local-telephone company gradually adopts the Frontier ...

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Justice Department files
lawsuit against RG&E

The U.S. Justice Department says Rochester Gas and Electric Corp. violated the Sherman Antitrust Act in a deal it cut with the University of Rochester four years ago. Filed today in U.S. District Court here, the suit claims RG&E improperly ...

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FNB declares dividend FNB Rochester Corp. has declared a cash dividend of 7 cents a share payable on July 31, to shareholders as of July 15. This is FNB’s second cash dividend since 1991; its first was paid earlier this ...

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Justice Department files
lawsuit against RG&E

The U.S. Justice Department says Rochester Gas and Electric Corp. violated the Sherman Antitrust Act in a deal it cut with the University of Rochester four years ago. Filed today in U.S. District Court here, the suit claims RG&E improperly ...

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Kayex furnace to hit
market first

Kayex Corp. today unveiled a new system for the semiconductor industry’s next generation of chip making. Kayex, a unit of General Signal Corp., expects the worldwide market for 300mm crystal-growing furnaces to approach $750 million, President David Camp said.

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Sports-commission plan
pursued

Monroe County has hired an Atlanta consultant to help it form a sports commission. Jack Kelly, president of Events Partners Inc., is hosting a day-long workshop in Rochester today that County Executive John Doyle bills as the first step toward ...

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GRVA members OK
restructuring

Greater Rochester Visitors Association Inc. membership voted by a more than 70 percent margin yesterday to accept a county-ordered restructuring proposal. The vote means the organization will get approximately $1.6 million in county funding and thus continue to exist as ...

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GRVA members OK
restructuring

Greater Rochester Visitors Association Inc. membership voted by a more than 70 percent margin yesterday to accept a county-ordered restructuring proposal. The vote means the organization will get approximately $1.6 million in county funding and thus continue to exist as ...

Read More »

Sports-commission plan
pursued

Monroe County has hired an Atlanta consultant to help it form a sports commission. Jack Kelly, president of Events Partners Inc., is hosting a day-long workshop in Rochester today that County Executive John Doyle bills as the first step toward ...

Read More »

Kayex furnace to hit
market first

Kayex Corp. today unveiled a new system for the semiconductor industry’s next generation of chip making. Kayex, a unit of General Signal Corp., expects the worldwide market for 300mm crystal-growing furnaces to approach $750 million, President David Camp said. Kayex ...

Read More »

Transmation
split

Transmation Inc. plans to conduct a 2-for-1 stock split next month. Company officials said the split should help the company attract more and larger investors. “It is an issue of liquidity,” said John Misiaszek, vice president of finance, explaining that ...

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Kodak execs leaving

One Eastman Kodak Co. top executive is leaving; another former executive is returning to the fold. Richard Pignataro, president of Kodak Professional and a company vice president, today said he plans to retire later this year. Robert Keegan, who left ...

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Nowlin promoted

Richard Nowlin is the Rochester Philharmonic Orchestra Inc.’s new president and CEO. Nowlin has served as general manager since Nan Harman left a year ago to take a similar position with the Jacksonville (Fla.) Symphony Orchestra. Before being named general ...

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Frontier signs major agreement Frontier Corp. today signed one of the largest carrier-services agreements in its history. The three-year deal with Citizens Communications–the company that purchased Ogden Telephone Co.–substantially expands an existing partnership, including adding an exclusive agreement for 800 ...

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