Rochester-based Carestream has entered into an agreement to sell the Carestream Dental digital business to two private equity investment firms.

Carestream, working with its parent company Onex Corporation, will sell the dental digital business to funds managed by Clayton, Dubillier & Rice and CareCapital Advisors Limited.

The dental digital business provides imaging systems and practice management software. Dental X-ray film and anesthetics are not part of the sale and will remain with Carestream.

Ride-hailing services are expected to be up and running across the region in about 90 days, according to State Senator Tim Kennedy.

The impact of changing policies at the federal level on the local economy was the subject of a downtown luncheon meeting Thursday at the Rochester Riverside Convention Center.

It was organized by the Rochester Downtown Development Corporation.

The Arc of Monroe County held an annual event that celebrates people with developmental disabilities and their willingness and ability to get jobs within the community.

Around 100 business leaders and hiring managers attended the event, which is designed to cultivate a diverse workforce.

The Arc of Monroe's Job Path program is the region's oldest and largest training and placement service for individuals with disabilities, according to Arc CEO Barbara Wale.

The growth of the security industry, coupled with a bit of government funding, is allowing one Syracuse security system company to expand its workforce. According to the Cuomo administration, Rapid Response Monitoring Systems is expected to create more than 275 jobs in its workforce over the next year as part of a $14 million expansion.

Of that $14 million, $2.5 million was given by the state to encourage the company to stay in central New York; almost half of that through an Upstate Revitalization Initiative grant and the rest through Excelsior tax credits.

A collaboration has brought a WNY Mobile STEAM and Maker Lab to some area schools and after school programs.  WBFO's senior reporter Eileen Buckley says students at the Buffalo Academy of Science were the first school to try out the program.   


City announces new worker-owned startup in Rochester

Apr 12, 2017

City officials introduced a new Rochester-based company today, the first launched by the city's Market Driven Community Corporation, or MDCC.

It's an initiative launched two years ago designed to build opportunities for residents in high poverty neighborhoods.

That first company is ENEROC, and it will install LED lighting in parking garages at Rochester Regional Health, according to Rochester Mayor Lovely Warren.

Governor Andrew Cuomo made a stop in Rochester Tuesday afternoon to discuss Finger Lakes region highlights of the 2018 state budget.

Among those highlights, is $40 million allocated to the revitalization of the Greater Rochester International Airport.

“We’re going to be investing in airports all across Upstate New York,” Cuomo said. “Having a first-rate airport is essential to be a first-rate economy. You look at airports around the world and you see how this country has been asleep.”

July will be the earliest that Uber and Lyft will be allowed to operate in Rochester and other upstate cities.

Over the next 90 days, the Department of Motor Vehicles will be working out the details of the expansion of the ride-hailing services outside of New York City, after state lawmakers gave the green light for the expansion with passage of the state budget last week.

With the passage of the state budget, lawmakers have approved the Buffalo Billion II, the second wave of Gov. Andrew Cuomo's economic development plan for Western New York.  The $400 million in state dollars will help boost some high-profile projects. But there are those who believe the program's lack of transparency makes it vulnerable to corruption.


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U.S. Photonics Hub Coming To Rochester

What does this mean for the economy of the Rochester region?