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2008 Archive
December
- Upstate NY Industry Segue
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Jan-05-2009
— John.mccurry bounce@conway.comKodak Park in Rochester, N.Y., has been the home of Eastman Kodak film and film-related products since 1880. At one time this mammoth industrial complex covered more than 2,000 acres (809 hectares) and was the largest industrial complex in the U.S., extending about four miles (6.4 km.) through Rochester and the Town of Greece.
- Phoenix firm picks Amherst
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Dec-22-2008
— Calvary Portfolio Services LLC, whose client includes a Who’s Who of financial and automotive industry clients, has agreed to lease space in Ciminelli Development Co.’s Village Park Business Park. Officials say the company eventually hire 175 new workers. Calvary currently has 24 local employees, but officials told representatives from the Amherst Industrial Development Agency they hope to add 151 more workers in the next 18 months.
- Despite economy, API Heat Transfer to grow
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Dec-12-2008
— One Western New York manufacturer is bucking slowing economic trends by adding 115 new jobs during the next four years as part of a major project to significantly expand its capacity and capabilities.
- Brain Drain - Smashing the Myth
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Dec-12-2008
— Every year colleges in Buffalo produce thousands of graduates and send them off into the world. And every year, we hear that a significant chunk of these students are promptly packing up their stuff, kissing their families goodbye and shipping out of Buffalo with plans to start their careers in cities with stronger job markets. This phenomenon has become
known as the “Brain Drain.”
- API Heat Transfer Expands in Buffalo
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Dec-11-2008
— Buffalo, NY (PRWEB) December 11, 2008 -- API Heat Transfer Inc., a global manufacturer of industrial heat transfer products and supplier of complete thermal process systems, today announced it has commenced a strategic project that will help it achieve increased domestic and international market share in the near term. The expansion gives the company increased capacity and enhances its capabilities. In association with the project, API Heat Transfer also announced it has been awarded economic de
- National Grid Enables One of a Kind Business Park
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Dec-05-2008
— Batavia, NY…National Grid has awarded the real estate affiliate of the Genesee County Economic Development Center $100,000 to be used for infrastructure at the Genesee Valley Agri-Business Park, a one of a kind park dedicated to Agri-business and food production. The grant was awarded through National Grid’s Shovel Ready Infrastructure program and will help extend electric service into the 200+ acre park which is owned by a public/private partnership that includes the GCEDC and Farm Credit of We
November
- Empire Genomics signs 2 deals
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Nov-25-2008
— Two new partnerships are expected to boost contracts at a Buffalo life sciences firm.
Empire Genomics LLC, which offers genetic tests for more than 200 ailments and diseases, signed an alliance with Strategic Medicine of Windber, Pa., to provide products and services for the personalized medicine market. Strategic Medicine provides human tissue, patient data and biomedical informatics to support research in pharmaceutical and health-care markets.
- Area bucks national trend on home prices
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Nov-21-2008
— A national study on home sale prices contains some good news for the Buffalo area — local single-family homes here are commanding bigger bucks, while most other regions are posting record price drops.
- Power Authority on Buffalo Road Trip
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Nov-20-2008
— Area civic and business leaders, environmentalists and independent researchers were among 50 on Wednesday who listened to the New York Power Authority top official outline his organization’s plans to help revive the Upstate economy.
To do so, NYPA President and Chief Executive Officer Richard Kessel said, would include use of renewable energy, energy efficiency, and transmitting hydropower from Canada, which then would be redistributed.
- Buffalo Gains a Museum
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Nov-18-2008
— Buffalo’s museum district gains another jewel soon. Nearly ready to welcome the public, the new Burchfield Penney Art Center is a welcome addition to this region’s cultural life and visitor attractions. It’s a spectacular achievement, and the opening in tough economic times of such a stellar showcase for the work of Western New York artists is a bright testament to community vitality.
- Buffalo Niagara Home Value Grows
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Nov-18-2008
— The Buffalo area's relatively stable housing market has earned a place on a select national list of communities where home values are on an upswing.
According to a survey by the National Association of Realtors, the Buffalo-Niagara Falls region is among just 28 out of 152 metropolitan areas across the U.S. to chart an increase in single-family home prices in the third quarter.
- Saving Buffalo's Untold Beauty
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Nov-17-2008
— ONE of the most cynical clichés in architecture is that poverty is good for preservation. The poor don’t bulldoze historic neighborhoods to make way for fancy new high-rises.
That assumption came to mind when I stepped off a plane here recently. Buffalo is home to some of the greatest American architecture of the late 19th and early 20th centuries, with major architects like Henry Hobson Richardson, Frederick Law Olmsted, Louis Sullivan and Frank Lloyd Wright building marvels here. Together
- Memorial Auditorium is Getting a Fond Farewell
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Nov-17-2008
— Hundreds gathered today at the Buffalo Convention Center to bid farewell to Buffalo Memorial Auditorium, home to thousands of memories
- Gourmet World headquarters opens in Lockport
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Nov-12-2008
— A new Internet-based business is up and running in Harrison Place.
Gourmet World Inc./
GiftsWish.com has been processing orders for high-end gourmet foods and gourmet gift baskets inside the old Harrison Radiator factory since September. On Monday, owner Bhaskar Bhowmick threw open his doors to let the public see how it’s working out.
October
- Wind Power is Changing the Landscape in WNY
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Oct-27-2008
— Wyoming County, the farming community that’s home to Letchworth State Park and the state’s leading dairy region, now lays claim as the wind capital of Western New York.
- 1$ Million Rewarded to Genesee County Site For High Tech Manufacturing and Job Creation
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Oct-23-2008
— Senate Majority Leader Dean Skelos, Senator Mary Lou Rath and County Legislator Mike Ranzenhofer today announced $1million in capital funding for the WNY Science and Technology Advanced Manufacturing Park (STAMP).
- Buffalo will be Safer in Recession
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Oct-17-2008
— Towns with many residents working in health care, such as Buffalo will also have a solid layer of protection.
- Canadian Shoppers Still Flocking to Local Malls
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Oct-17-2008
— Those who feared the Canadian shopper boom had gone bust can breathe easy for a while. With the Canadian dollar taking its steepest drop in value since 2005 Friday, many expected the number of Canadian shoppers coming to Western New York to decline with it. But if Monday’s mall crowds were any indication, the party isn’t over just yet.
- Tops helps local business
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Oct-17-2008
— Grocery chain says local relationships put $20 million into area economy.
- Spec Space coming to Medical Campus
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Oct-17-2008
— The Buffalo Niagara Medical Campus, Inc. (BNMC) is renovating a four-story annex of the Trico complex at 640 Ellicott Street into an Innovation Center, a 120,000 sq.ft. building offering state-of-the-art office and wet laboratory space to house local, national, and international life sciences and biotech companies.
September
- Grain Elevator Returns to Life
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Sep-29-2008
— The long-dormant Lake & Rail grain elevator complex along the Buffalo River is back in business.
The 75-year-old elevator received its first ship-delivered load of grain in over a decade, marking a key milestone in its rebirth. The elevator, which is owned by Minnesota-based Whitebox Commodities, had sat quiet and deteriorating until 2006, when it was acquired by River- Wright Energy, a local company planning to produce ethanol
- Peace Bridge beats out its Detroit rival
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Sep-29-2008
— For the first time in at least two decades, the Peace Bridge is the No. 1 choice for passenger vehicles traveling between the United States and Canada.
According to the Buffalo and Erie Bridge Authority, the international bridge linking Buffalo and Fort Erie is now carrying more non-commercial traffic than its archrival, Detroit’s Ambassador Bridge.
- Weathering the Storm
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Sep-26-2008
- Fisher-Price to invest
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Sep-26-2008
— The toy company, which is now owned by Mattel, will undertake a multi-year effort to upgrade its East Aurora headquarters. No new jobs will be created as a result.
- Peace Bridge beats out rival
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Sep-25-2008
— The Peace Bridge is the No. 1 choice for passenger vehicles traveling between the United States and Canada.
- Weathering the economic storm
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Sep-24-2008
— The terminology changes depending on who you are talking to. Are we experiencing an 'economic slowdown?' Is our economy in the midst of a full blown 'recession?' Regardless of your definition or your point of view, the undeniable fact is that the current state of the economy is indeed having an impact on the economic development industry.
- Bio View From Here
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Sep-18-2008
— Because of the significant economic potential of the life sciences industry in the United States, at least 42 states and regions have identified it as a targeted industry. Many of these communities are spending millions, and in some cases billions, of dollars on new infrastructure, recruitment of global talent, extensive research programs, commercialization and new investment funds. As economic developers, this industry presents great opportunities and challenges for those communities that are t
- Weak Dollar a Boon to Region
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Sep-05-2008
— The weak U.S. dollar is helping to keep the Buffalo Niagara Enterprise busy, even as the economy slows.
- BNE Reports Successful Year
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Sep-05-2008
— Despite a weakened national economy and a general slowdown in private sector investment, the Buffalo Niagara Enterprise reported 20 economic development wins in the past year.
August
- Where the Urban Dream Life Is Going Cheap
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Sep-08-2008
— Then one night, Herbeck, who’s 30, found herself browsing online listings in Buffalo. (Why Buffalo? She comes from Buffalo. And like many young Buffalonians, she got out as soon as she could.)
July
- WNY construction jumps 77%
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Jul-29-2008
— The construction boom continues in Western New York, according to a report issued Tuesday morning by McGraw-Hill Inc.
Contracts for future construction in Erie and Niagara counties totaled $157.95 million in June, running 77 percent ahead of $89.29 million in the same month a year ago.
- New Era draws thousands to Buffalo
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Jul-07-2008
- SmartPill moves to Buffalo, receives capital investment
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Jun-09-2008
June
- Buffalo ranks high in big cities with low rent
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Jul-07-2008
- 3 more businesses receive hydropower allocation
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Jun-30-2008
- Queen City Landing project advances
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Jun-06-2008
— The $200 million Queen City Landing mixed-use project planned for Buffalo?s Outer Harbor got its first public airing before the Buffalo Planning Board Tuesday.
- Queen City Landing takes off at Freezer Queen Site
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Jun-06-2008
— Here?s hoping history repeats itself. Preliminary blueprints for a pioneering outer harbor residential/ hotel project have been submitted to the Buffalo Planning Board, marking the potential start of efforts to reclaim the largest undeveloped stretch of city waterfront. A similar private-enterprise start by developers a few years ago triggered a wave of downtown residential development; a similar role for the Queen City Landing project could mean a solid start for long-awaited shoreline reuse.
- Buffalo Ranked 3rd Cleanest City in US
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Jun-04-2008
— Once again Buffalo has scored incredibly high in the Reader's Digest 'Cleanest City' rankings. So high,as a matter of fact, that we can still wave the number three flag high in the air.
May
- Buffalo Niagara International Airport to expand
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May-28-2008
- Globe Metallurgical plant to reopen with 500 new jobs
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May-23-2008
— The combined benefits of silicon, sunshine and hydropower are expected to bring 500 new ?green? jobs to Niagara Falls over the next three years
- Turbines in Niagara River new source of electricity
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May-21-2008
— Two alternative energy firms want to harness the fast-running Niagara River for 'hydrokinetic' electric power generation.
- 500 new jobs to Niagara Falls
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May-21-2008
— The combined benefits of silicon, sunshine and hydropower are expected to bring 500 new 'green' jobs to Niagara Falls over the next three years.
- Region's job growth heats up in April
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May-16-2008
— The Buffalo Niagara region added 4,200 jobs in April from a year ago, showing employment gains amid uncertain economic times nationally.
- Region's housing is hot
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May-14-2008
— The Buffalo Niagara region is one of the nation's hottest housing markets.
The median sale prices of homes sold in the Buffalo Niagara region during the first quarter jumped by 5.5 percent to $96,600, the 12th biggest increase among the 149 major metropolitan areas included in a survey released by the National Association of Realtors.
- Cummins exec defends free trade deals
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May-09-2008
— Free trade agreements and their impact are a hot topic on the campaign trail. Count Joe Loughrey, president and chief operating officer of Cummins Inc., as a staunch proponent of the deals' value.
- Buffalo Niagara part of economic super region
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May-09-2008
— The Buffalo Niagara region is in a perfect location to become a major player in what a leading developer calls the 'Northeast super region,' an economic powerhouse stretching from Toronto to New York City to Halifax, Nova Scotia.
- HealthNow gets righ rank
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May-02-2008
— BNE investor Health Now, gets ranked high for customer satisfaction.
April
- Best Commute
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Apr-29-2008
— In Buffalo, N.Y. the trip to work is a breeze. The high-capacity highway system implemented in Buffalo by Robert Moses is indeed efficient.
- NY State of Mind
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Apr-25-2008
— From medical centers to ethanol plants and agri-business to high technology, New York offers a fertile empire where various industries grow alongside each other. Genesee Sees Its Future in Agri-business while Lancaster is located at the center of the largest commercial and industrial area in upstate New York.
- First Niagara CEO recruits helpers
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Apr-18-2008
— When First Niagara Financial Group celebrated 10 years of being a public company, Chief Executive Officer John R. Koelmel had help pressing the button to open trading on the Nasdaq.
That bell-ringing job also fell to 10-year-old Bradley Schneider of Lockport and three other fifth-graders from Upstate New York.
- Sophisticated Buffalo
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Apr-15-2008
— Buffalo is a cosmopolitan city with great theatre, trendy shopping streets, historic buildings, and a perfect place for a girlfriends' weekend getaway.
- Top 25 Arts Destinations
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Apr-11-2008
— Reliable mainstays like New York City and Santa Fe, N.M., rising giants like Buffalo, N.Y., and quiet contenders like Asheville, N.C., have all earned top spots in the 2008 competition for AmericanStyle's Top 25 Arts Destinations.
- Canadian Tourists Flocking to U.S. Border Towns
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Apr-11-2008
— The massive influx of Canadian tourists has provided a boost to the Buffalo economy.
March
- Midsize airports see big growth
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Mar-28-2008
— Midsize airports outside major cities, such as New York and Los Angeles, are the fastest-growing in the nation and have seen passenger and flight volumes soar by up to 400% in the past decade, a USA TODAY analysis of federal data shows.
- Tops moving on headquarters plan
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Mar-28-2008
— Tops Markets will use a $1.2 million grant from Empire State Development Corp. to bolster its plan to keep its headquarters in Amherst and add up to 140 jobs.
- Kinex research receives a boost
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Mar-21-2008
— Pharmaceuticals LLC has closed on a $3 million round of angel funding, bringing its total capital raised to $9 million.
- UB reports increase in research spending
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Mar-21-2008
— Research spending at the University at Buffalo jumped to a university record of $323.4 million in the fiscal year that ended June 30, 2007, an 8.5 percent increase from the previous year's $297.9 million.
- A Laid-Back Village With Lots of Snow and Comfort
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Mar-14-2008
— Ellicottville has become more of a year-round outdoor destination, but its ski slopes are still the main draws.
- BNE recruiting north of border
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Mar-14-2008
— The BNE has identified 350 Canadian firms many from Ontario that are scouting U.S. locations. A targeted brochure with a play on Canada's hockey heritage and the Buffalo Sabres was mailed to the firms, along with blue-and-white face paints. Blue and white are the colors of the Toronto Maple Leafs.
- Buffalo company moves into new HQ
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Mar-13-2008
— Buffalo Control Systems Inc. has completed its move into a 12,000-square-foot building it acquired on Leslie Street in the city's Lovejoy District.
- Organizers preparing for Buffalo Homecoming 2008
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Mar-07-2008
— Representatives from WNY's political, economic development, business and academic worlds joined together to launch the region's third annual campaign to lure Buffalo natives back home.
- Sabres' Bernier, Buffalo: Love at first sight
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Mar-03-2008
— The first thing that struck Steve Bernier after he stepped off the plane and began making his way through Buffalo Niagara International Airport was the people. It wasn?t how many there were, but how warm they were. He hadn?t even reached baggage claim when he was stopped by fans offering encouragement and wishing him luck.
February
- Expert sees strength in Buffalo market
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Feb-15-2008
— 'Even though we are seeing a large sales decline in many parts of the country, it's showing up [in] the national data, locally the sales data are actually vibrant and picking up,' said Yun, chief economist and senior vice president at the National Association of Realtors.
- Great Places to Raise Kids - for Less
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Feb-13-2008
— Business Week came up with a list of 50 places in the U.S. that offer kids?and their parents?the right combination of safety, community, and education. Middleport ranked #11;
Sherman ranked #24; Friendship ranked #31;Clarence Center Ranked #34
- One of the world's greatest mega-regions: the Buffalo-Toronto corridor
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Feb-01-2008
— What has happened is that the mega-city has become the nerve centre of one of the world's greatest mega- regions, a trans-border economic powerhouse that stretches from Buffalo to Quebec City. It's important to recognize this, because mega-regions have replaced the nation state as the economic drivers of the global economy.
- The Ski Town That Aspen Used to Be Like
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Feb-01-2008
— Ellicottville is on the rise, one of only two genuine ski towns in New York State (Lake Placid is the other). It was ranked No. 5 by Ski magazine in its 2007 list of top resorts in the East, thanks to its two growing ski areas and the Victorian-era village of gingerbread porches and narrow brick storefronts.
January
- Buffalo Niagara Airport breaks another record
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Jan-25-2008
— Buffalo Niagara Airport breaks another record
- Cooking Up Deals In the Upstate
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Jan-18-2008
— Cooking Up Deals
- Wingin' it in Buffalo
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Jan-12-2008
— Wingin' it in Buffalo
- Biotech firm developing tool for cancer research
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Jan-11-2008
— Biotech firm developing tool for cancer research
- Buffalo Portfolio tops national averages in 2007
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Jan-07-2008
— Buffalo Portfolio of stocks tops national averages in 2007
- Ice bowls impact has implications for WNY
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Jan-04-2008
— Ice bowl's impact has implications for WNY
- Downtown Development Year End Review
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Jan-03-2008
— Downtown Development Year End Review
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