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Buffalo Business Report - Monday, July 22nd 2013

The AAA reports the current average cost for unleaded gas in the region is $3.85, up eight cents since a week ago.

Ingram Micro was approved for tax breaks by the Amherst Industrial Development Agency.  Business First reports the $11 million expansion plan will lead to 249 additional jobs over the next two years.

Astronics Corporation has completed its $136 million purchase of PECO Incorporated.  Share prices for the East Aurora company have climbed over $10 in the past year.

First Niagara Financial Group reported second quarter earnings per share at eighteen cents per share, meeting expectations.  The company continues to search for a new President and CEO.

Sealing Devices celebrated its 50th anniversary at its Walden Avenue headquarters in Lancaster this weekend.

Originally opened as Great Lakes Motor Corporation, Mercedes-Benz of Buffalo is celebrating 80 years of service to Western New York.

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