Buffalo Business News

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Gas Prices Remain Steady
Randy Bushover
January 06, 2020 - 4:18 am
Gas prices locally remained virtually unchanged at $2.65 per gallon of unleaded. The AAA notes the price was four cents per gallon lower one month ago. BlueCross BlueShield of Western New York and Roswell Park Comprehensive Cancer Center announced a contract agreement that ensures BlueCross...
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Uniland Makes Medical Campus Purchase
Randy Bushover
January 02, 2020 - 4:15 am
Uniland Development Co. has reportedly paid out $2 million for a parking lot within the Buffalo Medical Campus. Business First reports its at 895 Washington Street near Carlton. That's in the same area as a March purchase of the former Lifetime Health building at 899 Main Street. That transaction...
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Happy New Year!
Randy Bushover
December 31, 2019 - 3:52 am
Some major accolades for the Erie County Fair. According to CarnivalWarehouse.com, it is the largest county fair east of the Rocky Mountains. The Erie County Fair is also the third largest in the U-S - behind only the San Diego County and Orange County Fairs in California. Using the same attendance...
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Gas Bump At the Pump
Randy Bushover
December 30, 2019 - 5:12 am
Not exactly a Christmas present for area motorists, as the AAA notes local gas prices jumped up five cents this past week. It cost an average of $2.65 for a gallon of unleaded gas. That current cost is just four cents lower than the cost for a gallon of unleaded at this time a year ago. Local...
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© Carlos Caetano | Dreamstime
Randy Bushover
December 27, 2019 - 3:42 am
We're getting an early line on Christmas shopping numbers. Data from Mastercard SpendingPulse shows that retail sales in the US rose 3.4% between November 1st and December 24th compared with last year. That's behind last year's 5.1%. Online sales rose at a faster pace, up 18.8% from last year. The...
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Merry Christmas!
Randy Bushover
December 24, 2019 - 3:43 am
The Amherst-based Plaza Group has bought up a vacant property at 90 Sylvan Parkway for a reported $290,000. Business First reports that property is next door to one it already owns. There were a few other real estate moves: Caroles Estates LLC paying $1.8 million for the Crossings Apartments on...
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Gas Prices Lower
Randy Bushover
December 23, 2019 - 3:46 am
The average cost for a gallon of unleaded gas in Western New York has dropped a penny to $2.60. The AAA notes that at this time last year, motorists were paying thirteen cents more per gallon. According to Business First, Kaleida Health has filed plans to convert DeGraff Memorial Hospital’s...
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Evans Bank Acquisition
Randy Bushover
December 20, 2019 - 4:44 am
Another banking related acquisition about to be finalized. Evans Bancorp Inc. plans to acquire FSB Bancorp Inc. in Fairport. Business First reporting the $34.7 million deal will create a combined organization with $1.8 billion in assets, $1.5 billions in deposits and 20 branches. Pending regulatory...
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Big Purchase For BankOnBuffalo
Randy Bushover
December 19, 2019 - 3:27 am
CNB Financial Corporation, the parent of BankOnBuffalo, has entered into a definitive agreement to acquire the Bank of Akron. Together they have 10 branches in downtown Buffalo, Orchard Park, Williamsville, Clarence in Erie County - and Wilson and Niagara Falls in Niagara County - representing more...
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ACV Auctions Purchase
Randy Bushover
December 18, 2019 - 3:56 am
ACV Auctions Inc. has purchased TrueFrame™ - billed as a leading provider of vehicle accident inspections. Financial terms were not made public. ACV is an online, wholesale vehicle marketplace that provides franchise and used-car dealerships a more effective and transparent way of buying and...
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