Buffalo Business Report - Thursday, November 8th 2012
Catholic Health is ready to break ground on its $46 million, six-story headquarters and training center. The health care provider held a function at the Oak Street site yesterday. The new building expects to employ 700 people when it opens two years from now. Functions and operations from eight different sites will be merged at this one site.
Standard & Poor's Ratings Service has affirmed a "B+" corporate credit rating for Buffalo-based OHI Intermediate Holdings, Incorporated. OHI plans to issue a new $45 million revolving credit facility, $315 million term loan and $40 million delayed draw term loan.
MAC's Antique Auto Parts of Lockport has been acquired by Eckler Industries, a supplier of restoration parts and accessories for Chevrolet, Porsche and Mercedes-Benz vehicles. According to Business First, terms of the deal were not disclosed.