Archive for April 2013

ITT Exelis Expands in Rochester

April 11, 2013

Exelis Geospatial Systems (GS) is creating 50 new local jobs in Rochester’s Eastman Business Park in 2013. The new job opportunities in Rochester result from consolidation of the company’s presence in West Springfield, Mass. GS is working toward transitioning all work to Rochester by early July and staffing will be completed in phases, with the most critical roles being filled first.  Approximately a dozen Exelis employees from West Springfield will relocate to Rochester to support local operations. The remaining positions will be sourced from New York.

Empire State Development (ESD) and Monroe County officials worked closely with Exelis to support this project, which will provide opportunities for high-skilled production and engineering jobs in New York State. ESD will assist Geospatial Systems with this facility expansion project by providing tax credits while Monroe County has offered incentives in tax credits and training assistance.

“Exelis is committed to our Rochester base of operations,” said Chris Young, president, Exelis Geospatial Systems. “New York State and Monroe County, offer our employees a high standard of living, and for Exelis, a strong pool of talent as well as world-class of technical resources through its institutions of higher learning.”

Power Solutions business being moved to Rochester includes Analytical Instrumentation (AI) and Rugged Power Supplies businesses. AI will design, develop, manufacture and sell custom ion detectors and custom high-voltage power supplies to the analytical and life-science instrumentation industries. These devices are critical components in mass spectrometry systems utilized to detect, identify, and verify chemical and biological substances. They are also employed in other areas such as X-Rays, scanning electron microscopes and surface-science instruments.  Rugged Power Supplies business provides government and commercial users with high-voltage and low-voltage power supplies for operating in ruggedized or extreme environments.

Power Solutions will be located at 800 Lee Road, building 601 in Rochester.  Power Solutions United Kingdom (PS-UK) will continue operations as usual in Sussex, England. PS-UK, former Applied Kilovolts Group Holdings, Limited<http://www.exelisinc.com/news/pressreleases/Pages/ATOM.aspx>, was acquired by Exelis in April 2012.

For questions on this communication, please contact Jane Khodos by email at jane.khodos@exelisinc.com<mailto:jane.khodos@exelisinc.com> , or by phone at (973) 284-5517.

MCC Career Exploration Night

April 11, 2013

Dear Industry Partner,

As you know, it is becoming increasingly more difficult to find qualified, trained people. Monroe Community College offers training for many of these necessary skills, but we need your help to demonstrate what exciting careers exist regionally in Advanced Manufacturing, Electronics, Optics, Precision Machining, Engineering, and Computer Information Technology.

On Thursday, April 25, 2013 we are hosting our fifth annual High-Tech Career Exploration Night and we hope it will be the best yet. Our objective for exploration night is to expose high school juniors and seniors, along with their parents, high school educators and counselors, and undeclared MCC students, to the excellent technical careers that are available in the Finger Lakes Region. Last year over 200 students and parents attend this event. With your help, attendees can talk to people who are currently doing these jobs, see the interesting things they create and produce. You can explain career paths within your organization and the responsibilities required. You can talk about the education that would be necessary to obtain these jobs and the potential compensation that goes with them.

Our goal is to have 35 companies/organizations representing various technical fields. This is NOT a job fair, but a career exploration night designed to interest students – your future employees – in your industry.

Evening agenda:

  • 4:00 – 6:00 pm               Company representatives set up tables
  • 6:30 pm                            Doors open to the public
  • 7:00 – 7:20pm                Short presentation of evening events and MCC programs
  •  7:20 – 9:00 pm               Talk with company representatives

The High-Tech Exploration Night will be held in Monroe Community College’s R. Thomas Flynn Campus Center, rooms Monroe A and B. One 5-foot table and a sign will be provided for each company or organization. We would like the companies attending to bring exciting demonstrations/presentations or examples of the work your company produces, because “Eye Candy” will attract attendees to your table.

We will be handing out a program with some basic information about each company (products/service, number of employees, location of headquarters, significant branch offices, types of jobs hired).

If you are interested in attending, please register online at: www.monroecc.edu/go/hightechexhibitor.

Once again, we thank you for taking time to promote your industry and exposing some of the exciting high-tech career that are available.

For more information, please contact Bob Lasch at (585) 292-3748 or rlasch@monroecc.edu.

Robert Lasch

Program Coordinator

Applied Technologies Center at MCC

(585) 292-3748

Full Scholarships available for Optics, Photonics, and Imaging Continuing Education Classes at RIT and UR

April 10, 2013

Full scholarships are available for continuing education courses THIS SUMMER in optics, photonics, and imaging. These courses will provide specialized skills and professional development with some of the leading minds of the field. Courses offered at both the University of Rochester and RIT. These courses are geared toward displaced workers who would like to work in one of the OPI industries, people who have jobs outside of the OPI industries but would like to transition into one of them, and people who currently work in an OPI industry and are interested in furthering their career.

Scholarships are limited and seats are filling up. Click here to learn more and apply:

http://www.ceis.rochester.edu/funding/courses/index.html

RRPC Members Receive Subsidized Assistance for Manufacturing Operations

April 10, 2013

RRPC members are already benefitting from subsidized assistance for their manufacturing operations as part of the $1.7 Million Rochester Regional Photonics Jobs Accelerator program, part of the national Advanced Manufacturing Jobs and Innovation Accelerator Challenge.

High Technology of Rochester is working with manufacturing companies in the optics, photonics and imaging cluster. The goal is to work with 12-15 companies per year for three years, based upon each individual company’s specific needs.

Activities include, but are not limited to:

  • Business Assessments: Typically a 3-5 day project to provide a top-to-bottom evaluation of the business and make specific recommendations for how to grow.
  • Innovation Engineering: Starting with a 100-day “Jumpstart” program, HTR will work with client company teams to lead them through the Innovation Engineering Management System to come up with new growth ideas, assess them, and implement them. Intense services (as much as ~$4000/month x 3 months = $12,000) are available for 8-10 companies annually.
  • Continuous Improvement: Working to optimize manufacturing operations. This activity will include completion of a value stream map to document the entire production / operational flow of the business, followed by analysis for areas of improvement, and implementation of lean manufacturing and quality systems to improve profitability and free up capacity for new initiatives.
  • Technology Acceleration: Focus on commercializing new technologies and products, by ‘infusing’ them into existing manufacturing businesses or by accelerating the growth of new, manufacturing-based startup companies. HTR will work with client companies to establish a two-way connection with local research institutions, as well as the National Innovation Marketplace, through which the client company’s technology needs can be identified, defined, and satisfied.

Basically, if you as a manufacturer have a project that will result in greater efficiency, competitiveness and jobs, you are likely eligible. You need to meet with HTR staff and identify the project. A specific project doesn’t come to mind? Call the HTR staff and they will come to your shop and help you identify one.

Funding is limited, so projects are on a first come, first served basis.

Contact any of these four HTR MEP representatives:

About the NIST MEP

The National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (MEP) works with small and mid-sized U.S. manufacturers to help them create and retain jobs, increase profits, and save time and money. The nationwide network provides a variety of services, from innovation strategies to process improvements to green manufacturing. MEP also works with partners at the state and federal levels on programs that put manufacturers in position to develop new customers, expand into new markets and create new products.

MEP field staff has over 1,300 technical experts – located in every state – serving as trusted business advisors, focused on solving manufacturers’ challenges and identifying opportunities for growth. As a program of the U.S. Department of Commerce, MEP offers its clients a wealth of unique and effective resources centered on five critical areas: technology acceleration, supplier development, sustainability, workforce and continuous improvement.

Innovation is at the core of what MEP does. Manufacturers that accelerate innovation are far more successful and realize greater opportunities to participate in the global economy. By placing innovations developed through research at federal laboratories, educational institutions and corporations directly in the hands of U.S. manufacturers, MEP serves an essential role sustaining and growing America’s manufacturing base. The program assists manufacturers to achieving new sales, leading to higher tax receipts and new sustainable jobs in the high paying advanced manufacturing sector.

As a public/private partnership, MEP delivers a high return on investment to taxpayers. For every one dollar of federal investment, the MEP generates nearly $20 in new sales growth and $20 in new client investment. This translates into $2.5 billion in new sales annually. For every $2,100 of federal investment, MEP creates or retains one manufacturing job.

America needs a robust manufacturing base and MEP is critical to the small and mid-sized U.S. manufacturers who strengthen that base.

Maximizing Research and Development Tax Credits

April 9, 2013

At the invitation of RRPC, EFP Rotenberg and BDO are pleased to present a seminar entitled Maximizing Research and Development Tax Credits.  This important seminar will help your organization take full advantage of Federal and State tax credits.

What is R&D Tax Credit?

Despite the fact that the Research and Development (R&D) credit has been available since 1981, less than a third of eligible companies recognize that they qualify for the credit. Even if companies claim a R&D credit, they frequently do not claim the entire credit to which they are entitled, either because they do not understand what qualifies or do not have the processes in place to properly document the credit.

You do not have to be a manufacturer to claim the R&D credit. Companies of all sizes in a wide range of industries throughout the U.S. have used the R&D tax credit. Many activities can quality for the R&D tax credit, including:

  • Developing or formulating new or improved products
  • Functionally enhancing existing products or formulas
  • Developing new or improved production processes
  • Assisting customers with technical problem-solving
  • Developing new or improved software for use internally or sale externally
  • Applying for patents and prototyping

The R&D credit is one of the most contentious areas in Tax and without properly preparing, calculating, and supporting your credit, the IRS may deny any or all of it.  In addition, if not done correctly, there is the potential for penalties, both to the taxpayer and the tax preparer.  The R&D credit can be one of the greatest sources of R&D funding for companies in all industries, but it is essential that it is calculated and supported properly.

In addition, we will be presenting the pros and cons of what is coming out of Albany as to state level tax incentives that are designed to encourage investments in and by technology based companies.

REGISTER NOW

The Experts:

  • Jonathan Forman, CPA, BDO
    BDO is a professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. BDO’s R&D professionals have helped hundreds of companies, in virtually every industry, claim – and sustain on exam or at appeals – more than $2 billion of R&D benefits.
  • David Vesniskey, CPA and Partner, EFP Rotenberg
    EFP Rotenberg helps clients navigate the most challenging business and financial issues, serving over 25 different industry sectors from Emerging Technology to Global Workforce Services to Alternative Energy. EFP Rotenberg has significant experience in determining tax credit eligibility and has assembled the largest team of dedicated tax experts in the region.

Members of the New York Photonics Industry Association are invited to attend this important seminar on Thursday, April 25, 2013, beginning with breakfast at 8:30am and concluding at 11:00am, at the world headquarters of EFP Rotenberg located at 280 Kenneth Drive, Suite 100, Rochester NY 14623. Members are to RSVP to Tom Battley, (tbattley@newyorkphotonics.org or 585-329-4029), no later than noon on April 23rd.

For any additional questions related to the seminar please contact Nicole Lombardi at info@efprotenberg.com or 585-427-8900.

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