Buffalo Business News

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December 14, 2016 - 11:36 pm
Plans for the DL&W Terminal are heating up. Business First reports the NFTA hopes to secure federal funding for an environmental review of the historic South Park Avenue site. The intent would be to turn it into a development-ready site within the next year. This spring, the authority forged a...
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December 13, 2016 - 11:46 pm
According to Business First, the GM plant in Tonawanda will be getting to work on a new engine. That new engine could drive $300 million in new investments at the River Road plant as well as other GM facilities in Lockport and Rochester. If the new engine line is a success, a couple hundred jobs...
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December 12, 2016 - 11:36 pm
The Greater Buffalo Niagara Regional Transportation Council has lent its voice to the growing call for the possible removal of the Skyway. The group formally calling for a formal environmental review for alternatives to the aging span. Business First reports a $6 million State DOT environmental...
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December 11, 2016 - 11:36 pm
According to the AAA, the current average cost for a gallon of unleaded gas in the region is $2.36. That's up two cents from a week ago - and four cents lower than the statewide average. As something of a 20th anniversary present, Casino Niagara is getting a $7.1 million upgrade. Business First...
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December 06, 2016 - 3:26 am
A new poll shows jobs are a top issue for New York residents. One in five respondents to a Siena College poll said jobs should be Gov. Andrew Cuomo's top priority in 2017. Education is the No. 2 issue cited by New Yorkers, followed by taxes. READ THE ENTIRE POLL HERE Solar City has begun its hiring...
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December 05, 2016 - 12:34 am
The average cost for a gallon of unleaded gas in WNY is still $2.34. The AAA notes that's five cents higher than the cost for the same gallon a year ago. Gibraltar Industries will shut down two businesses, resulting in the closure of five facilities and 250 layoffs in the next four months. Business...
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December 01, 2016 - 11:55 pm
The banking subsidiary of KeyCorp wants to be among the most active lenders of government-backed small business loans in Western New York. Business First reports that during the first quarter of 2017, KeyBank N.A. expects to approve U.S. Small Business Administration loans with “very significant”...
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December 01, 2016 - 12:17 am
Having just completed one expansion, Yancey's Fancy fancies itself expanding some more. Business First reports he cheese maker is working with the Genesee County Economic Development Center on a proposed $5.5 million upgrade of its Route 5 Kutters Cheese facility. The plan would add fifteen jobs. A...
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November 29, 2016 - 11:59 pm
The Buffalo, Niagara County and Southwestern Building, and Construction Trades councils, and National Fuel have announced an agreement on the use of local union labor within the State of New York for the Northern Access Project. The Northern Access Project is a $455 million infrastructure...
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November 28, 2016 - 11:31 pm
Thanksgiving Day and Black Friday shopping was a bigger deal this year. First Data reports combined in-store and on-line shopping for the two-day period was 9% higher than the same two days a year ago. E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8...
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