Five projects get tax breaks in Erie County
A Cheektowaga manufacturer that makes vibrating machines used by oil and natural gas drillers received nearly $2 million in tax breaks Wednesday from the Erie County Industrial Development Agency to...
View ArticleDavid Robinson: Did Buffalo just catch a break?
SolarCity’s expanded solar panel manufacturing plant in Buffalo will be one of the biggest in the world – and it could be just the beginning.With its $200 million acquisition of Silevo, a keystone in...
View ArticleOn the Record / June 19, 2014
Hires/Promotions/Honors Niagara Health Quality Coalition President and Chief Executive Officer Bruce Boissonnault was awarded the Health Consumer Rights Award at the New Yorkers for Patient and Family...
View ArticleRich Products unveils innovation center renovations
When a global food products company like Rich Products with $3.3 billion in sales decides to create a “family room” at its corporate headquarters, expect something big.The result is just that....
View ArticleStock market higher for fourth straight day
The Federal Reserve’s latest economic update reversed a listless slide for stocks Wednesday, propelling the Standard & Poor’s 500 index to another record-high close.The central bank’s statement...
View ArticleAmazon’s new Fire phone adds features that better locate products and...
SEATTLE – Amazon has introduced a new smartphone with audio and object recognition technology that seeks to make it easier for consumers to locate and purchase products and services from the nation’s...
View Article‘Well over 1,000 jobs’ on solar horizon here
The solar panel factory slated to be part of the RiverBend clean-energy hub in South Buffalo could be more than five times bigger than originally planned, after the California-based company agreed...
View ArticleOne Seneca is worth just 21% of price in 2005 sale
Buffalo’s tallest building, the mostly vacant One Seneca Tower, is now worth barely one-fifth of what a trio of New York City investors paid for it less than a decade ago, according to a court...
View ArticleSynacor investors turn up the heat on management
A pair of investment funds that control nearly 10 percent of Synacor’s stock are turning up the heat on the management of the Buffalo Internet content provider.JEC Capital Partners, a...
View ArticleChildren’s Hospital site ready for groundbreaking this summer
Kaleida Health plans to break ground this summer on the new John R. Oishei Children’s Hospital after making significant progress in recent months on winning required approvals and raising money for...
View ArticleUpstate Niagara Cooperative lands yogurt contract
Buffalo-based Upstate Niagara Cooperative has won a contract to supply public schools in Arizona with Greek yogurt for one month of an expanded pilot program.The U.S. Department of Agriculture also...
View ArticleJob growth in region maintains steady pace
Hiring in the Buffalo Niagara region continued its slow but steady pace in May.Local companies added 3,600 jobs during the past year – a 0.7 percent increase from May 2013 – according to new data...
View ArticleS&P 500 sets yet another record on a day of drifting for Wall Street
Investors remained in a record-setting mood Thursday.The Standard & Poor’s 500 index closed at an all-time high for the second time in two days and notched its fifth gain in five days.The Dow...
View ArticleLeading indicators rose 0.5% in May
WASHINGTON – A gauge designed to predict the economy’s future health increased for a fourth month in May, providing further evidence that the economy is gaining strength after a harsh winter caused...
View ArticleOn the Record / June 20, 2014
Hires/Promotions/Honors The Eyes on America Foundation named Dr. James Reynolds to its board of directors. Reynolds is professor and chairman with UBMD and director of pediatric ophthalmology and...
View ArticleCiminelli seeks more tax breaks for Conventus Building
The developer of the Conventus Building on the Buffalo Niagara Medical Campus plans to seek additional tax breaks from the Erie County Industrial Development Agency for the portion of the building...
View ArticleNew Buffalo-based social media site to debut tonight when PBS airs Olmstead...
Jerod Sikorskyj knows everything there is to know about John Hutchinson — except for his age.The co-founders of a Buffalo-based social media startup company called Vidbolt have spent the better part...
View ArticleBuffalo-based social media site to debut Friday
Jerod Sikorskyj knows everything there is to know about John Hutchinson – except for his age.The co-founders of a Buffalo-based social media startup company called Vidbolt have spent the better part...
View ArticleMattar turns down tax breaks
Attorney William Mattar is saying “thanks, but no thanks” to the $550,000 in tax breaks the Amherst Industrial Development Agency awarded his law firm in January for a $4 million expansion project...
View ArticleOld Dutchman Wrought Iron gets tax breaks to expand
Old Dutchman Wrought Iron, a Getzville company that makes metal fences, railings and gates, was granted nearly $219,000 in tax breaks by the Amherst Industrial Development Agency on Friday for a $1.6...
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