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Rochester Beacon - The Rochester Beacon explores the complex challenges facing Rochester, New York, through narrative journalism, analysis and opinion grounded in facts.

Rochester Beacon (https://rochesterbeacon.com/category/economy/page/2/)

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Economy & Business

Economy & Business

Sydor Optics plans $32 million expansion

By WILL CLEVELAND | July 30, 2026

The manufacturer will build a new 100,000-square-foot facility at its Chili location and add up to 36 jobs over the next five years.

Economy & Business

South Korean tech firm picks Perinton as U.S. headquarters

By SMRITI JACOB | July 22, 2026

MegazoneCloud, an AI and cloud-native company, has committed to creating up to 122 jobs here over five years in exchange for up to $1.22 million in state tax credits.

Economy & Business

GIANT Coffee seeks market niche combining taste and function 

By AUDRA FITZGERALD | July 21, 2026

The Rochester-based company, launched by Ashland Huckabee on Juneteenth, sells flavored beans and grounds nationwide, along with functional and enhancing add-ins.

Economy & Business

Why your beer costs more now

By WILL CLEVELAND | July 20, 2026

Ask the people brewing it what keeps them up at night, and the answer is not tariffs or the cost of hops.

Economy & Business

Kiva Rochester reaches 10-year mark

By DAVID WAZANA | July 14, 2026

The microlending program for small businesses has facilitated more than $1.6 million in loans since its launch in 2016. 

Economy & Business

Okay Beer Co. goes dark to build something better

By WILL CLEVELAND | July 6, 2026

The Honeoye Falls brewery and bowling alley has been closed since June 22 as owners Seth Wile and Megan Phillips overhaul the kitchen, modernize the lanes and double down on creating a community hub. It reopens July 10.

Economy & Business

Prospective buyers emerge for former K2 Brothers Brewing property

By WILL CLEVELAND | July 2, 2026

Veteran local brewer Phill MacArthur unveiled plans for a brewery and restaurant on Empire Boulevard in Penfield, with a town permit vote expected later this month.

Economy & Business

How Preservation Beer and Lock 32 Brewing silenced the critics

By WILL CLEVELAND | June 22, 2026

The patient, deliberate, occasionally maddening story of how a test-the-market strategy paid off.

Economy & Business

‘I think we have a winner here’: A cream ale story

By WILL CLEVELAND | June 8, 2026

On the history of cream ale, the legend of Genesee, and the return of the Celebration of Cream Ales.

Economy & Business

Inflation takes a toll on income gains

By NARM NATHAN | June 2, 2026

A new report shows that when adjusted for inflation, median household income from 2019 to 2024 fell in 23 of 62 New York counties—including two in the Rochester region.

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