Buffalo Business News

Photo Credit - DREAMSTIME.COM

Randy Bushover
February 11, 2019 - 4:03 am
Pump prices fell another two cents this past week. The AAA pegs the current average for a gallon of unleaded gas at $2.51 in the Buffalo-Niagara Falls area. A major milestone for BankOnBuffalo today, as it opens its regional headquarters on the seventh floor of downtown Buffalo’s Electric Tower...
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WBEN Photo/Two completed HD engines ready for shipping at GM Powertrain in Tonawanda
Susan Rose
February 08, 2019 - 11:50 am
Buffalo, N.Y. (WBEN) - A huge announcement by General Motors at the Buffalo Auto Show Friday. The Tonawanda Engine plant will be building the new 6.6L, V-8 engine for the 2020 Chevrolet Silverado HD. It's all part of a a $295 million dollar investment in the Powertrain plant. GM Powertrain Plant...
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Randy Bushover
February 08, 2019 - 5:08 am
The Catholic Diocese of Buffalo has sold the former Sheehan Residence to Mingo Junction Steel Works LLC for a reported $1.3 million. The new owners plan to renovate the top two floors of the building into 10 market-rate apartments. Multiple options are in play for the ground floor. A local...
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Randy Bushover
February 07, 2019 - 3:50 am
The GEICO regional office in Buffalo is hiring. GEICO is seeking to add an estimated 200 more associates this year. If interested in employment opportunities, you can follow this link . GEICO’s Buffalo office has grown from 500 to more than 3,000 associates since first opening its doors in 2004...
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Randy Bushover
February 06, 2019 - 4:07 am
Local real estate company Gurney, Becker, & Bourne Real Estate and Insurance will be moving from their rented space in 560 Delaware Avenue to 976 Delaware Avenue at West Utica Street. The move will take place this spring. Saigon Bangkok, located at 512 Niagara Falls Boulevard in Tonawanda, has...
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Randy Bushover
February 05, 2019 - 4:14 am
Sound Wellness LLC, a subsidiary of Jushi Inc., has received approval of its industrial hemp-CBD processor license application as part of the New York State Industrial Hemp Agricultural Research program. By investing over $5 million in a high-tech hemp processing operation on the east side of...
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Randy Bushover
February 01, 2019 - 4:09 am
Allpro Parking, LLC has been selected to operate the Niagara Center Parking Garage located at 130 Elmwood Avenue near Buffalo’s Central Business District. The parking garage has 575 parking spaces. No terms of the deal were announced. Level Financial Advisors has named Steven Elwell, CFP® as the...
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Randy Bushover
January 31, 2019 - 4:09 am
Bank on Buffalo will begin construction of its new branch at 7121 Niagara Falls Boulevard in Niagara Falls this March. Business First reports the new branch will replace the bank's temporary Niagara County branch in Wheatfield. The new branch will be constructed on vacant land across the street...
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Randy Bushover
January 30, 2019 - 4:28 am
KeyBank Community Development Lending & Investment has provided a $5.4 million construction loan and $6.7 million in 9% tax credit equity to Belmont Housing Resources for WNY, Inc. The total of $12.1 million in financing will go toward the construction of Elim Townhomes, located at 205 Holden...
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Randy Bushover
January 29, 2019 - 4:00 am
Gold Wynn Residential has purchased 18 properties from Kissling Interests LLC for an undisclosed amount. The deal includes Cathedral Place on Main Street in downtown Buffalo, and the Remington in North Tonawanda. Gold Wynn plans to invest $5 million over the next few years to upgrade some of the...
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