Democrat and Chronicle from Rochester, New York on October 21, 2015 · Page A6
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October 21, 2015

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Democrat and Chronicle from Rochester, New York · Page A6

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Rochester, New York
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Wednesday, October 21, 2015
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Page A6
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Page6A Wednesday,October21,2015 DemocratandChronicle. com YAHOO’S TURNAROUND EFFORT STILL STRUGGLING PAGE 4B ROCBusiness Local news coming out ofthe business world. +3.7 Am .36 1463 55.03 53.93 54.60 +.32 -9.4 B ofAm .20 50127 16.29 16.10 16.20 +.06 +1.7 B .68 8534 41.63 40.80 41.25 +1.08 -1.7 CIBER 49 3.49 3.41 3.49 +.06 +2.9 CmtyBS 1.24 79 39.30 38.76 39.23 +.43 +38.4 C Br A 1.24 564 135.98 134.60 135.90 +.72 -10.6 C .06 481 145.21 142.89 144.96 +1.25 -26.5 C .48 11893 17.01 16.73 16.85 +.03 -48.4 107 .24 .21 .23 +.02 +18.2 1.92 1188 85.70 84.58 84.73 -.17 -7.8 tChem 1.60 1216 71.05 68.66 69.94 +.95 -21.7 127 17.10 16.66 17.00 +.25 +14.3 1.32 1085 120.06 118.78 119.43 +.05 -28.5 .80 92 45.51 44.54 44.87 +.06 -17.5 1.24 6935 30.71 30.16 30.58 +.40 -12.6 2.92 12049 81.06 80.20 80.83 -.16 +.8 Inst. .80 14 25.45 25.09 25.36 +.23 +25.6 .32 987 10.64 10.49 10.59 +.07 -.8 .60 29058 15.60 15.27 15.38 +.02 -20.2 ontierCm .42 10976 5.39 5.22 5.32 +.07 +2.5 .64 910 15.17 14.59 14.60 -.39 +13.9 .92 73076 29.00 28.70 28.78 -.21 -4.1 1.44f 11612 33.88 33.08 33.48 +.24 -26.5 441 66.46 64.12 66.09 +1.46 -38.1 Corp .32 47 18.24 17.58 17.81 +.01 -15.6 BC 2.50 1645 39.98 39.75 39.87 -.25 +6.2 2.00 769 76.53 75.01 76.30 +.97 -26.1 C 2 3.54 3.44 3.51 -3.8 1.28 981 75.77 72.73 74.89 -.02 -12.3 IB 5.20 15293 142.88 140.27 140.64 -8.58 +.5 gCh 1.76 11339 62.81 62.08 62.52 +.30 -6.7 & 3.00 5857 98.25 97.31 97.59 -.35 -4.3 .30 12567 13.41 13.05 13.30 +.23 -12.3 -3 Com 2.60 457 111.07 108.21 110.66 +.73 -2.6 el3 1905 48.14 47.33 48.09 +.65 -8.1 &T Bank 2.80 2631 115.75 113.25 115.50 +2.08 -45.0 & .64a 73 7.78 7.52 7.60 -.01 +23.6 .60 265 71.82 70.73 71.46 +.87 -20.8 2.52 2337 102.85 98.37 102.14 +2.09 +9.2 1.68 1541 50.71 50.01 50.41 -.05 -30.3 Cp 7863 7.14 6.81 7.11 +.26 -46.2 Corp 755 11.77 11.35 11.65 +.16 -.5 32.00 -7.3 .42 27 25.47 24.62 25.41 +.76 +14.1 1.00 52 42.75 42.16 42.26 -.22 +3.5 1.20 3027 41.53 41.04 41.09 -.33 -1.9 .56 2135 25.37 24.11 25.04 +.04 +2.7 .60 2048 129.58 128.04 128.62 -.41 +4.4 Corp (The) 1.34 811 42.17 41.58 42.11 +.56 +23.2 Cable 3.00 569 187.96 186.50 187.31 -.02 -2.1 1.68 17 54.50 54.05 54.12 -.12 -2.7 9.94 +102.9 147 6.70 6.26 6.35 +.04 +2.5 16016 162.90 145.35 146.74 -17.09 -3.3 onCm 2.26f 19035 45.80 44.79 45.24 +.54 -36.3 4 2.02 1.85 2.02 +.07 +11.0 118 5.03 4.76 4.84 -.22 -42.2 .60 2759 7.45 6.96 7.44 +.50 -26.2 .28 8697 10.39 10.13 10.23 +.052- ; - 52- ; - C; - 52 ; - 25% 52 s; - 50% 52 . - A ; - 12 ; - - ; . Burnham A 31.50 33.16 +.11 Burnham Indus. A 16.55 17.42 +.05 Clo A 21.43 22.68 ... Clo A 24.41 25.83 +.02 & o-Blend 18.04 18.04 -.01 & o-Blnd Cnsrv 13.09 13.09 -.01 & o-Blend 16.29 16.29 -.02 & o-Blend 13.08 13.08 -.01 AMT-F A 11.10 11.65 ... A 7.01 7.36 +.02 A 14.85 15.59 +.03 MunA 3.03 3.10 +.01 A 4.54 4.64 ... QCI QCI Balanced 10.51 10.51 -.01 The unemployment r ate in September continued to improve year- over-year for the Rochester area, according to preliminary figures released Tuesday by the state’s Department of Labor. The agency said the unemployment rate imp roved to 4.9 percent — compared to 5.4 percent a y ear ago — in the area that includes Monroe, Livingston, Ontario, Orleans, Yates and Wayne count ies. Last month was the second consecutive month that unemployment fell under 5 percent. In August the figure was 4 .8 percent. O verall, the Rochester area added about 10,200 jobs compared to a year earlier, according to the state. The number of un- e mployed individuals d ropped from 28,200 in 2014 to 26,000 last month, for a decline of 2.2 per- cent. Many areas of the state also showed improving unemployment t rends, with the Rochester area coming in slightly higher than the 4.8 percent average for all of the metro areas. Elmira was the only area that didn’t improve, remaining flat at 5.8 percent year-over-year. A dozen counties, including Ontario, Genes ee and Yates counties, had unemployment rates of 4.4 percent or lower in September. The r ate in Monroe County was 5 percent. The state added 135,100 jobs in September compared to a year e arlier with the unem- p loyment rate improving to 5.1percent, its lowest level since April 2008. Figures are not seasonally adjusted and a re subject to revisions. T CLAUSEN@ Gannett.com Region’s jobless rate at 4.9 percent Figures for Rochester area improve from a year ago TODD CLAUSEN @TODDJCLAUSEN SentrySafe workers t o get federal help Congresswoman Loui se Slaughter, D-Fairport, announced on Tuesday that the U.S. Department of Labor will offer help to 350 Pittsford workers being displaced as the p arent company of Sen- trySafe prepares to move jobs to other areas. Slaughter said that aid t hrough the agency’s Trade Adjustment Assistance programwill pro- v ide income support, job search and training assistance along with help covering healthcare costs to displaced workers. Master Lock bought S entrySafe about 15 m onths ago and nearly a year after that announced that it would m ove the jobs in Pittsford to Mexico and Wisconsin. The Milwaukee- b ased company said it would offer the workers severance pay and job p lacement services while beginning to move the w ork to new locations beginning in 2016. “Unfortunately, unfair t rade policies favored by the biggest corporations have shipped jobs over- s eas and lowered wages here at home,” Slaughter s aid, in a statement. “The support I am announcing today will help these displaced workers on their path to finding a new job.” SentrySafe makes f ire-resistant chests, files and safes. Wegmans plans to b uild store in Pa. Wegmans Food Markets Inc. isn’t done growing, with plans to build a new store in a nearby state. The Gates-based gro- c er announced on Monday that it’s planning to b uild a new 120,000- square-foot store near Lancaster, Pennsylvania. T he store, similar in s ize and design to other new stores, will anchor a m ixed-use project devel- oped by High Real Estate Group LLC called The Crossings at Conestoga Creek near Lanc aster in Manheim Township. Wegmans said the store could employ as many as 550 workers and is expected to open i n 2018, pending various approvals. “Lancaster residents have been asking us to b uild a store for a long time,” Ralph Uttaro, Wegmans’ senior vice p resident of real estate, said in a statement. “In fact, we know that many now travel to our other locations to shop. Now we will be able to bring incredible cus- t omer service, help w ith meals, and consistent low prices to them.” W egmans currently operates a total of 87 stores in New York, P ennsylvania, New Jersey, Virginia, Maryland and Massachu- s etts, and has plans to open several stores in t hose areas in the coming years. Rochester projects get part of funding Gov. Andrew Cuomo’s office has OK’d $ 330 million in public dollars to fund projects he believes will spur economic growth in New York. The money goes to 34 different projects, two of which a re Rochester-based. Rochester’s New York Photonics will get $400,000 so the organization can buy two specialized tools that test wavelengths of different optics devices. Members of New York Photonics will get to use the tools in research and development. H igh Tech Rochester will get $150,000 so its b usiness accelerator can install video conferencing screens at 10 l ocations across the F inger Lakes region. The gutted first floor o f the building where T uesday’s groundbreaking ceremony was held for Monroe Community College’s new downtown campus is steeped in his- t ory. G eorge Eastman had this building constructed about a century ago as part of Eastman Kodak’s corporate headquarters. T he building along with three others are now undergoing a major renovation to become home for MCC’s new downtown campus. S peakers at Tuesday’s event said this change of purpose is very much in the East- m an tradition. “This is a facility that began with the spirit of i nnovation — George Eastman’s vision,” said MCC President Anne Kress. She went on to note: “Everything that you see at MCC’s new down- t own campus brings the c ommunity into the future.” Monroe County Exec- u tive Maggie Brooks added that Eastman, a great believer in the imp ortance of education, would be delighted to see how these buildings will be used. “He’s looking down on us today realizing that’s t he purpose he’d envi- s ioned for this iconic building,” Brooks said. The buildings, located at the corner of Morrie Silver Way and State S treet, were bought by the c ounty, which is MCC’s local sponsor. About $6 million has already been spent on getting the connecting complex of build- i ngs ready for renovation. Last month, the County Legislature approved contracts worth $43.7 million, clearing the way for reconstruction, which w ill begin within two weeks. The renovations are slated to be completed by t he fall of 2017. Monroe County has committed $36 million to t he new, $78 million downtown campus, with the state matching the $36 million. Another $6 million comes from grants obtained by MCC and the county matched by the S tate University of New Y ork. Currently, MCC rents space for its Damon City C ampus in the Sibley Building. All of the services and academic pro- g rams currently located in the Damon campus will be be moved to the new c ampus. Earlier this year, the county reached an agreement with the local group r epresenting construction unions for work on the new campus. T he project labor agreement with the Rochester Building Trades Council should result in at least 75 percent of the workers coming from local construction unions. It a lso should produce costs avings for the county that include unions agreeing to work four, 10-hour d ays, instead of five, eight-hour days. JGOODMAN@Gannett .com MAX SCHULTE/@MAXROCPHOTO/STAFF PHOTOGRAPHER MCC President Anne M. Kress stands in the old Eastman Kodak corporate headquarters that will house part of Monroe Community College’s new downtown campus. Three other buildings also will be used. Downtown MCC campus underway JAMES GOODMAN @GOODMAN_DANDC MAX SCHULTE/@MAXROCPHOTO/STAFF PHOTOGRAPHER Kress and County Executive Maggie Brooks held a press conference to commence construction on the new campus. MAX SCHULTE/@MAXROCPHOTO/ STAFF PHOTOGRAPHER Brooks, left, and Kress hug d uring the press conference.

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