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Buffalo Business Report - Friday, June 22nd 2012



The AAA pegs the current local average cost for a gallon of unleaded gas at $3.71. That's twenty-six cents more than the national average. Typically, the difference between the two is closer to twelve cents.

KeyCorp expects to close on its purchase of thirty-seven HSBC Bank branches July 13th. The branches were gained by KeyCorp from First Niagara Bank as part of its purchase of HSBC holdings last year.

The Community Foundation for Greater Buffalo will move to offices at 726 Exchange Street on July 1st. Business First reports the group signed a ten-year lease.

McGuire Development Group has purchased 1-1/2 acres of property at Transit and Clarence Center Roads. The current plan is for a retail project on that site.

The Buffalo Bills and Tim Hortons have extended their sponsorship deal for three years. Terms of the arrangement were not made public.

Roswell Park Cancer Institute has launched an interactive iPad app.

Earlier this week, a boutique opened for business inside the Matt Urban Hope Center on Paderewski Drive in Buffalo.


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Topics : Business_Finance
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Locations : Buffalo
People : Tim Hortons
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