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Buffalo Business News



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Buffalo Business Report - Friday, March 27th 2015


A bracket-buster of a different kind has emerged from Lakewood in Chautauqua County.  In a tournament of craft breweries, Southern Tier has beaten Eastern-region foes Ommegang in Cooperstown, Dogfish Head in Delaware and Victory Brewing in Pennsylvania to make USA Today's "Final Four."  Southern Tier Brewing Co.  faces Athens, Georgia-based  Terrapin Beer Co. of

Buffalo Business Report - Thursday, March 26th 2015


SolarCity has decided to begin selling its own power distribution systems.  Computerworld.com reports this service, called GridLogic, would do away with complete reliance on the utilities' grids.  SolarCity envisions its own microgrids as small, independent power grids to have applications for cities, corporate campuses, or remote locations like islands.  Solar City will invest

Buffalo Business Report - Wednesday, March 25th 2015


The "TSA PreCheck" application program has reached a new milestone with more than 1 million travelers enrolled.  It's an expedited screening program that enables low-risk travelers to enjoy a smart and efficient screening experience at 133 U.S. airports.  The local site in Lackawanna has enrolled 2,073 people.

When prescription meds are taken as directed, health

Buffalo Business Report - Tuesday, March 24th 2015


M&T Bank's acquisition of Hudson City Bancorp Inc. may finally be completed May 1st.  Business First notes that indication came from Hudson City officials.  The deal was originally announced in August 2012, but M&T has spent the intervening months upgrading its Bank Secrecy Act/anti-money-laundering compliance program to the satisfaction of the Federal Reserve Board of New

Buffalo Business Report - Monday, March 23rd, 2015


The AAA reports the current average cost for a gallon of unleaded gas in the region is $2.55, reflecting a drop of a penny and a half from last week.

Lockport's West Herr  Honda has received the Honda President's Award for the 3rd time.  It's the only WNY dealer to win that award this year.

Colley's Pools and Spas will open their fourth location on March

Buffalo Business Report - Friday, March 20th 2015


First Source of Buffalo, New York is voluntarily recalling 3,276 plastic tubs (6 oz.) of Wegmans Organic Walnut Halves & Pieces because the product may be contaminated with Salmonella.

Buffalo Business Report- Thursday March 19, 2015


 Red Siren, a women's gift and clothing boutique will be the first of four retail stores to fill the HarborCenter, according to Business First.  The 5,000 sq. foot store will front on Main Street and open next summer.  READ MORE HERE

Buffalo Business Report - Wednesday, March 18th 2015


Construction of the 320,000-square-foot complex for FedEx Ground Transport in Hamburg is expected to begin in the next few days.  Business First reports the $50 million project at the corner of Bayview and Lakeshore Roads will be home to more than 600 employees.

Perry’s Ice Cream has begun unveiling a new 20-flavor line up called "Escapes."  It combines popular

Buffalo Business Report - Tuesday, March 17th 2015


A week from today, Ellicott Development's request for tax breaks amounting to $350,000 will be the subject of a March 24th public hearing.  The tax breaks are being sought for a proposed $7 million project at Niagara and Busti - site of the former General Electric Co. warehouse.  

The NHL has signed a multiyear licensing partnership with U-Vend.  U-Vend is a consumer

Buffalo Business Report - Monday, March 16th, 2015


The local average price for a gallon of unleaded gas has remained steady for the past week at $2.57.  the AAA reports that price is fifteen cents higher than the national average of $2.42.  

Starting tomorrow, Key Bank customers with iPhone 6 or iPhone 6 Plus mobile devices will be able to use Apple Pay to make mobile payments at more than 700,000 businesses nationwide. 

Buffalo Business Report - Friday, March 13th, 2015


The 35th Annual Buffalo Irish Festival moves from Canalside to Buffalo Riverworks this year.  This year's event will be held August 28th-30th.  Last year, some 15,000 people enjoyed the music and culture of Ireland during the weekend celebration.

Excelsior Orthopaedics & Sports Medicine.has formed a partnership with West Seneca Central Schools.  The three-year agreement,

Buffalo Business Report - Thursday, March 12th 2015


A Chinese-based investment team has pledged to spent at least $50 million to refurbish the former AM&A's store downtown.  Business First reports the plan includes a 300-room upscale hotel that caters to Chinese visitors bound for both Buffalo and Niagara Falls, six market-rate apartments and an upscale Chinese restaurant and spa.
Darien Lake has already begun accepting applications

Buffalo Business Report - Wednesday, March 11th 2015


Univera Healthcare is one of just a few health plans across the country to partner with Consumer Reports on Choosing Wisely, an initiative to reduce unnecessary spending on health care services that have little or no proven benefit. A 2012 report from the Institute of Medicine said about 30 percent of health care spending was wasted on unnecessary services, excessive administrative

Buffalo Business Report - Tuesday, March 10th 2015


The New York Power Authority Board of Trustees has approved another round of low-cost power allocations under the ReCharge NY program.  The impact in WNY is the retention of more than 31-hundred jobs through allocations to the Wendt Corporation in Buffalo and HSBC USA in Buffalo and Depew.

ECMC's expanded orthopaedic unit opens March 18th on the hospital's sixth floor in a former
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