Buffalo Business Report - Tuesday, April 22nd 2014
The real estate portion of the Riverbend Commerce Park deal is expected to close later this spring. According to Business First, Fort Schuyler Management Corp. will purchase 88 acres in the Riverbend Commerce Park for $2.5 million from the Buffalo Urban Development Corp. The South Buffalo property will be used to house two California-based green tech firms that have pledged to invest $1.5 billion and potentially create 850 permanent jobs when their research and development facilities open.
Koppers Inc. of Pittsburgh has signed an agreement to acquire Osmose Holdings Inc.’s Buffalo-based wood preservation and railroad services businesses for $460 million.
State Assemblywoman Jane Corwin has been appointed as an independent director of Gibraltar Industries, effective immediately. The company's corporate
governance guidelines call for directors to tender their resignation at age 72. Corwin replaces David Campbell, whose term of service concludes on December 31st of this year. The same end of service date applies to Gerald Lippes.