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.
Rochester Beacon (https://rochesterbeacon.com/category/economy/page/6/)
Dramatic declines in circulation and newsroom staff, along with financial woes at parent company Gannett, have taken a toll on Rochester’s daily newspaper.
The breakfast and brunch spot owned and operated by Keith Brown II aims to offer a unique French toast experience.
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.
Craft Cannery of Bergen and Rochester’s Sweet Pea Plant-Based Kitchen were among the other prize winners in the annual business competition.
The Wayne County company’s 160 employees will now be part of Addman, formed in 2020 by private equity firm American Industrial Partners.
Edwards Vacuum plans to employ 600 at the Western New York Science & Technology Advanced Manufacturing Park.
The company, based in Rochester since 2017, is nearing $30 million in annual sales.
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.
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.
The acquisitions by out-of-state companies are expected to boost the capabilities of the Rochester firms.