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Buffalo Business Report - Monday, June 17th 2013
$3.75 per gallon of unleaded is the current average at the pumps of Western New York. The AAA reports the national average is fourteen cents lower, at $3.61 per gallon.
Boeing recently awarded a contract to Moog, Incorporated's Aircraft Group. The contract is for design, development and qualification of the Weapons Bay Actuation System for the F-15 Silent Eagle.
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Buffalo Business Report Friday June 14, 2013
A new deal between the New York State Public Service Commission and National Grid will freezes delivery rates for 2013 and 14, and send more money to low income rate payers.. The state says they had exceeded some gudielines and basically didnt return as many profits to the consumer as it should of . This agreement changes that.
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Buffalo Business Report - Thursday June 13, 2013
--The Town of Amherst faces a more than $3 million verdict after a jury ruled they wrongly pulled the plug on developer William Huntress's office park project on Wherle Drive in 2006. The town had placed a moratorium on development at that site, but a judge ruled they did not adequately publicize the move before Huntress's Acquest development bought the property. A jury awarded
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Buffalo Business Report - Wednesday June 12, 2013
--Today is the final day of three days of strike votes for unions representing over 7,00 workers at Kaleida Health. Polls are open until 9 pm, for members of the CWA, SEIU and Operating Engineers unions. If a strike is authorized, it would not occur until June 21. Talks with a federal mediator are set for tomorrow.
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Buffalo Business Report - Monday, June 10th 2013
The average local gas price slid another penny this weekend according to the AAA. It's now $3.74 for a gallon of unleaded.
Kaleida Health has been given the okay to proceed with its planned $220 million John R. Oishei Children's Hospital project. If all goes as expected, the 12-story complex could be ready by 2016.
Megabus has added more routes. Riders will
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Buffalo Business Report - Friday, June 7th 2013
The AAA reports the current average cost for a gallon of unleaded gas in the region remains at $3.75. That's ten cents less than the cost a year ago.
Millard Fillmore Suburban Hospital has asked for a 34,000 square foot expansion to accommodate new surgical and support rooms and ten more neo-natal intensive care units. The Amherst Planning Board will review the project June
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Buffalo Business Report - Thursday, June 6th 2013
A 12-acre parcel of land along Fuhrmann Boulevard that features the Cargill Pool Elevator sold for $375,000 at auction yesterday. An unnamed local investment group purchased the property. A spokesman tells Business First a mix of commercial, retail and residential development is planned.
Mighty Taco has some mighty big plans for the former Fuddrucker's Restaurant at Maple
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Buffalo Business Report - Wednesday, June 5th 2013
Canada's 24 Target stores raked in $86 million in the first quarter. Some of those stores have only been open for a month or two. Toronto's Globe & Mail reports Target stores in Buffalo, Detroit and Seattle have seen a negative sales impact as a direct result. There are other oddities: Canadian consumers still purchase Jif peanut butter and Cheez-It crackers at U.S.
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Buffalo Business Report - Tuesday, June 4th 2013
Erie Canal Harbor Development Corporation Chairman Anthony Gioia terms it as "no longer a question of 'if," but 'when' and 'how'" for the NFTA to sign off on the land transfer of the Outer Harbor's 384 acres. Business First reports that remediation of the former industrial site is among the main hang-ups, expected to be ironed out later this
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Buffalo Business Report - June 3rd 2013
For the first Monday in June, the AAA reports the current average cost for a gallon of unleaded in the region dropped a penny this weekend to $3.75.
Business First reports there is growing buzz to move the Buffalo City Mission. The East Tupper and Ellicott Street facility is right on the edge of the Buffalo Niagara Medical Campus. The Mission's CEO acknowledges a move will
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Buffalo Business Report - Friday, May 31st 2013
The good news for our region is that gas prices have only risen one cent in the past month. On the flip side, the difference between the local and national prices has increased to a margin of fifteen cents. The AAA pegs the local average for unleaded at $3.76 per gallon and the national cost at $3.61.
Alfa Laval of Sweden has purchased Niagara Blower for an undisclosed
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Buffalo Business Report - Thursday, May 30th 2013
The Federal Deposit Insurance Corporation reports banks pulled in a first quarter profit of $40.3 billion this year That record amount boosted net income almost 16% above last year's first quarter. Earnings were up for half of the banks surveyed.
Astronics Corporation has purchased Portland, Oregon-based PECO Incorporated in a $136 million cash deal.
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Buffalo Business Report - Wednesday, May 29th 2013
M&T Bank subsidiary M&T Insurance Agancy has entered into an arrangement with Buffalo-based Liazon Corporation. The agreement allows M&T to offer its business customers Liazon's Right Choices Exchange as an option to control benefit costs.
Buffalo's Copier Fax Business Technologies has expended with an office in Henrietta on the RIT Technology Campus.
Town & Country Animal
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Buffalo Business Report - Tuesday, May 28th 2013
Local gas prices are at $3.76 per gallon of unleaded, according to the AAA.
The Richardson Center Development Corporation will be seeking an incentive package from the ECIDA. A public hearing has been set for June 4th to discuss the $56.4 million renovation. Business First reports the current plan is to convert the Elmwood Avenue landmark into a boutique hotel, events
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