Rochester Business Journal

Converting downtown streets to two-way to be discussed

by Rochester Business Journal 05.16.2012

A recent study of converting two of downtown’s primary arteries to two-way traffic will be discussed at an information session Thursday, officials from the city of Rochester announced.

RF Communications secures $39M radio order

by Rochester Business Journal 05.16.2012

Harris Corp.’s RF Communications division in Henrietta has received a $39 million order from U.S. Special Operations Command for its wideband handheld tactical radios.

UR boosts faculty diversity, report shows

by Rochester Business Journal 05.16.2012

A greater number of women and underrepresented minorities were hired on the faculty at the University of Rochester during the 2010-2011 academic year, making incremental progress toward the university’s goals of creating more diversity in the faculty a…

Redevelopment projects topic of RDDC meeting

by Rochester Business Journal 05.16.2012

High-profile projects in the city are the focus of the Rochester Downtown Development Corp.’s 37th annual meeting June 7 at the Hyatt Regency Rochester.

Document Security Systems posts net loss in Q1, rise in revenue

by Rochester Business Journal 05.16.2012

Shares of Document Security Systems Inc. were down 6 percent after the company reported a net loss in its first quarter. DSS stock was trading midday at $3.12 a share, down 6.3 percent.

Lawmakers to consider medical marijuana bill

by Rochester Business Journal 05.16.2012

Lawmakers have introduced bills in the Assembly and Senate to legalize medical marijuana in New York.

VirtualScopics posts Q1 net loss, flat revenues

by Rochester Business Journal 05.15.2012

VirtualScopics Inc. Tuesday reported a net loss in its first quarter on revenue of $3.7 million, which was nearly flat compared with a year ago.

COMIDA grants tax breaks for $24 million development in Gates

by Rochester Business Journal 05.15.2012

A proposed $24 million mixed-use development of 21 acres in Gates would result in 168 townhomes and apartments. The County of Monroe Industrial Development Agency approved property tax breaks of $2.4 million at its meeting Tuesday. The projected benefi…

N.Y. manufacturing activity expands in May

by Rochester Business Journal 05.15.2012

Manufacturing activity expanded in New York at a moderate pace in May, the Federal Reserve Bank of New York’s Empire State Manufacturing Survey shows.

$247,000 green roof at City Hall complete

by Rochester Business Journal 05.15.2012

A $247,000 green roof, including a layer of soil covered with vegetation, on City Hall is complete, the city of Rochester announced Tuesday.

Judicial commission to hold session here Wednesday

by Rochester Business Journal 05.15.2012

The state’s Commission on Judicial Nomination plans an informational session Wednesday in Rochester in advance of an upcoming vacancy on the state’s highest court. A seat on the court opens in January 2013 with the mandatory retirement of Court of Appe…

Monroe Roadways awarded contracts for Fisher work

by Rochester Business Journal 05.15.2012

Perinton-based Monroe Roadways Inc. has been awarded multiple contracts for site construction services on the campus of St. John Fisher College, the company said Tuesday.

B&L hires global president for surgical division

by Rochester Business Journal 05.15.2012

Bausch & Lomb Inc. has named a medical device and biotech veteran to head its California-based surgical division, company officials said Monday.

Kodak to close thermal media operation, shift work to Colorado

by Rochester Business Journal 05.14.2012

Eastman Kodak Co. is closing, effectively immediately, its thermal media coating and finishing operation in Building 319 at Eastman Business Park.

Home Properties to begin equity offering program

by Rochester Business Journal 05.14.2012

Home Properties Inc. may sell up to 4.4 million of its common share stock, filings with the Securities & Exchange Commission show.