Local Matters

Recent comments

Community Sponsors

Lapp Insulators Corporation

January 23, 2023 - 12:59pm
posted by Howard B. Owens in Lapp Insulators Corporation, Le Roy, fire, news.

A partition fire was reported at Lapp Insulator on Gilbert Street in Le Roy, and though the fire is believed to be out, firefighters are detecting heat on the roof.

Le Roy Fire on scene.

Byron and Bergen requested to the scene.

UPDATE 1:31 p.m.: Firefighters believe the fire to be out.

August 20, 2011 - 7:07pm
posted by Howard B. Owens in Business, Le Roy, Lapp Insulators Corporation.

New investors and an ambitious growth plan have been announced by the management of Lapp Insulators, based in Le Roy, according to the Democrat & Chronicle.

With 125 employees in Le Roy and more than 1,000 worldwide, the management team of Lapp presented a growth plan to the company's ownership group, Andlinger & Co., which saw potential in the plan but felt the management group should seek outside funding to execute the plan.

German-based equity investors Quadriga Capital bought out Andlinger.

Officials say the plan could lead to increased employment in Le Roy.

The Genesee County manufacturer sees growth opportunities in the United States and particularly in fast-growing international markets.

Lapp's annual sales are close to $180 million and, with Quadriga's financial backing, the hope is for revenue to climb to $250 million to $300 million by the middle of this decade. Lapp was No. 10 in the most recent Rochester Top 100 ranking of the region's fastest-growing private companies.

March 6, 2009 - 12:01pm
posted by Howard B. Owens in Business, Le Roy, Lapp Insulators Corporation.

WBTA will report on its 12:30 newscast that Lapp Industries Corp. in LeRoy is concerned about a proposed environmental clean up, which VP and COO Robert Johnson tells WBTA would cost more than it should.

If forced to pay for a $3.4 million price tag for the proposed clean up on the 80=acre site, the survival of the company would be put in jeopardy.

Johnson says 140 local jobs could be lost. He maintains the job can be done just as well for $1.4 million, which the company can afford and is willing to pay.

Subscribe to The Batavian - Local Matters

Copyright © 2008-2022 The Batavian. All Rights Reserved. Privacy Policy | Terms of Service

blue button

News Break