Luminate NY’s fourth cohort winner, based in Portland, Ore., has committed to setting up its pilot high-tech manufacturing here.
Economy & Business
N.Y. to provide matching funds to early-stage firms
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The Pre-Seed and Seed Matching Fund Program will offer eligible businesses $50,000 to $250,000 in growth assistance.
Economy & Business
At the D&C, the numbers tell the story
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Dramatic declines in circulation and newsroom staff, along with financial woes at parent company Gannett, have taken a toll on Rochester’s daily newspaper.
Culture
The Toast Factory expands from pop-up to restaurant
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The breakfast and brunch spot owned and operated by Keith Brown II aims to offer a unique French toast experience.
Economy & Business
Cheese venture’s founder named Ignite recipient
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Janessa Steenberg, who is launching Panacheeza, a startup that plans to offer a plant-based Parmesan-style cheese, is the first recipient chosen by the RIT Venture Creation initiative.
Economy & Business
Australian firm wins Grow-NY grand prize
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Craft Cannery of Bergen and Rochester’s Sweet Pea Plant-Based Kitchen were among the other prize winners in the annual business competition.
Economy & Business
Harbec acquired by Florida company
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The Wayne County company’s 160 employees will now be part of Addman, formed in 2020 by private equity firm American Industrial Partners.
Economy & Business
British firm to build $319 million facility in Genesee County
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Edwards Vacuum plans to employ 600 at the Western New York Science & Technology Advanced Manufacturing Park.
Economy & Business
Ithaca Hummus plans to triple its output here
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The company, based in Rochester since 2017, is nearing $30 million in annual sales.
Economy & Business
Are home prices headed for a fall?
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Buyer sentiment has turned negative amid rising mortgage rates and economic uncertainty, but homes in Rochester continue to sell faster than in any other large metro nationwide.
Economy & Business
The Mucci years at Paychex
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Tomorrow, Martin Mucci will step down as CEO of Paychex, handing the reins to John Gibson. In an interview with the Beacon, he reflects on his dozen years leading one of Rochester’s top employers and most successful homegrown businesses.