Diverse business environment leads to growing economy.
All cities strive to have a diverse economy, and Rochester certainly has one. Several business sectors are well-represented, including the following:
The food scene contributes much to the economy of the Rochester region, with companies like Kemps LLC and dairy-farmer owned Associated Milk Producers that provide families with wholesome dairy products as well as Pace Dairy Food, which produces a variety of cheeses for Kroger stores across the nation. Seneca Foods bills itself as North America’s leading provider of packaged fruits and vegetables, sold under labels such as Libby’s, Aunt Nellie’s, READ, Cherryman and Seneca snack chips.
The medical technology field continues to innovate and advance in Rochester, including at the Mayo Clinic – almost every MRI machine in the world contains Mayo Clinic technology. Other discoveries over the clinic’s 150-year history include diagnosing vitamin D deficiency, and the first use of cortisone. Limb Lab provides innovative prosthetic and orthotic solutions to people who have experienced limb loss, while Rochester Home Infusion iand Coram CVS offer patients infusion services in home settings.
IBM Rochester has engineered and manufactured a variety of top computer products since 1956, beginning with 174 employees and growing to more than 8,000. BrandHoot specializes in web design and developing mobile apps for customers. Brandix i3 is a tech startup whose services include information applications and consulting, and AgVantage Software develops systems used in many areas of agribusiness. Metafile Information Services provides business customers with management software applications.
Bowman Tool and Machining makes prototype components to help companies with complex manufacturing challenges, while Pharmaceutical Specialities makes a line of shave creams, shampoos and lotions for people with dry or sensitive skin. Crenlo Inc. uses metal fabrication and robotic welding to manufacture advanced assembled products for its client base, and GEOTEK manufactures fiberglass products for the electric utility and animal containment markets. POET Biorefining is one of the world’s largest producers of ethanol and other alternatives to petrochemicals, and McNeilus Companies manufactures ready-mix concrete trucks and refuse vehicles.
Kahler Hospitality Group oversees six Rochester hotels: The Kahler Grand Hotel, Kahler Inn & Suites, The Towers at the Kahler Grand, Marriott Mayo Clinic, Residence Inn Marriott and Kahler Apache. Titan Hospitality Group is a real estate firm that develops hospitality properties, including the DoubleTree and Hilton Garden Inn hotels downtown, as well as multi-family housing. Powers Ventures specializes in operating restaurants and events destinations, and Treasure Island Resort & Casino features gaming along with cuisine, entertainment and hotel accommodations.
A key factor in attracting distribution and logistics companies is transportation, and Rochester has a good system in place. Truckers have easy access to Interstate 90 and U.S. Highways 14, 52 and 63, and air travelers are accommodated by Rochester International Airport, which serves more than 300,000 passengers each year. The airport is served by American Airlines and Delta, and also houses a huge FedEx depot.