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State's top innovators tout tech hopes

Oct-30-2009 — WASHINGTON — Upstate New York is not Silicon Valley, but many people would like it to be. Inventors and researchers from across the state, therefore, crammed into a Capitol Hill meeting room Wednesday to show their wares and hope for a little of the magic that techy types call "synergy."

Tops raises $275 million in sale of high-yield bonds

Oct-30-2009 — Taking advantage of the strong demand among investors for high-yield bonds, Tops Markets, has raised $275 million in a debt offering that refinances its borrowings. The Amherst-based supermarket chain, which Morgan Stanley Private Equity acquired from Ahold NV in a $310 million deal in December 2007, is using the proceeds from the debt sale to refinance existing debt.

First Niagara’s net profit on operations rises 15%

Oct-30-2009 — First Niagara Financial Group, fresh off its first expansion outside the state, said net operating profits for the third quarter of 2009 rose 15 percent, led by “robust” growth in core deposits and commercial loans, offset by losses on two loans.

Buffalo Niagara Brownfield Renewal

Oct-26-2009 —

Canadian co. buys Gibraltar site

Oct-23-2009 — A Canadian manufacturer has acquired a Lackawanna building, which will serve as the base for its new U.S. operations. Linita Design & Manufacturing Corp. of Guelph, Ont., — through its Carloti Holdings LLC affiliate — purchased the 80,000-square-foot property at 1951 Hamburg Turnpike from Gibraltar Steel Corp. Carolti Holdings paid $650,000 for the building, according to documents filed in the Erie County Clerk’s office.

New High-Tech Entrepreneurship Program Launched for Life Sciences

Oct-22-2009 — The University at Buffalo School of Management's Center for Entrepreneurial Leadership and UB's New York State Center of Excellence in Bioinformatics and Life Sciences have launched a new workforce development program, the High-Tech Center for Entrepreneurial Leadership.

More than just wings

Oct-16-2009 — The “Buffalo” brand name is stepping up to the plate. The dinner plate, that is. In the world of food marketing, “Buffalo” has become the flavor du jour. National food chains and retailers are capitalizing on the name to introduce new products or sell existing ones.

BNIA flights on time, majority of time

Oct-15-2009 — Buffalo Niagara International Airport has fared well in a study that details the on-time arrival rate for the nation’s largest and busiest airports

Top executive explains Rich's world

Oct-09-2009 — In 1988, William Gisel filled a freezer bag with Rich Products Co. cake icing and began knocking on the doors of Chinese bakeries looking for new customers. A little more than 20 years later, the company does business in 73 countries, with $600 million of its $2.8 billion in annual sales overseas.

Life science careers touted

Oct-09-2009 — careers in the life sciences within reach of more Western New York job-seekers was rolled out Tuesday by a consortium of agencies and businesses led by two branches of the University at Buffalo.

Batavia Medical and Technology Park

Oct-08-2009 — Construction has begun on the first building—the Upstate New York Medical and Technology Park, which will focus on the life sciences and biotechnology. In cooperation with Genesee Community College, whose Batavia campus sits across the road, and United Memorial Medical Center, the prospective tenants are an expanded GCC nursing program, UMMC’s occupational and physical therapy centers, space for the University at Buffalo’s Center for Excellence and Development Center offices that are to be reloc

Governor's Solar Announcement

Oct-08-2009 — Governor David A. Paterson today announced that $10 million in American Recovery and Reinvestment Act (ARRA) funding is now available through a competitive statewide solicitation for solar energy projects in New York State.

UB launches life sciences program

Oct-07-2009 — The University at Buffalo has created a workforce development program to train individuals for employment in the region’s emerging life sciences sector. The free program -- dubbed iSciWNY -- was formally announced Tuesday morning at UB’s New York State Center of Excellence in Bioinformatics and Life Sciences in downtown Buffalo. It will combine workshops, training programs, a Web site and an information kit about the life sciences industry, with the intent to reach out to workers of all skill

Linita Design bringing 100 jobs to Lackawanna

Oct-05-2009 — A Canadian fabricator of steel parts for hydropower plants is planning to move its manufacturing operations to a vacant building in Lackawanna, bringing as many as 100 jobs to the area.

Transcom calls Tonawanda home in NY State

Oct-05-2009 — Transcom Worldwide, the global outsourced services company, is pleased to announce the opening of its new office in Tonawanda, New York. Transcom’s 7,000 sq. ft. facility will be located at 1000 Young Street, providing a wealth of options for its new employees. Located near the intersection of the I-290 and Twin Cities Memorial Hwy, the new location offers on-site parking, is readily accessible by public transit, and is located within walking distance of local shops and restaurants.

Venture Capital in WNY

Oct-02-2009 — According to the Q2-2009 Money Tree Report (published by PriceWaterhouseCoopers and the National Venture Capital Association) there were two Venture Capital deals in Western New York (2nd Quarter).

NY Loves Clean Tech Goes to Germany

Oct-02-2009 — In an effort to maximize resources in the current economic climate, five upstate economic development organizations formed a collaborative effort to market regional and state assets at the 24th Annual European Photovoltaic Solar Energy Conference & Exhibition in Hamburg, Germany last week. Operating under the banner "NY Loves Clean Tech" and with support from BNE investor National Grid, the initiative allowed BNE, Greater Rochester Enterprise, Mohawk Valley Edge, Albany based Center for Economi

$19 million approved for research grants here

Oct-02-2009 — WASHINGTON — President Obama on Wednesday announced $5 billion in federal economic-stimulus funding for medical research, including more than $19 million targeted to the Buffalo area.

2,000 turbines spinning in Lake Erie?

Oct-02-2009 — PARK CITY, UT - A Utah company has announced it is selling the development rights for a sprawling wind farm on the Canadian side of Lake Erie. Wasatch Wind Inc. says it's turning over the project on undisclosed terms to Calgary, Alberta-based Canadian Hydro Developers Inc. A spokesman for the Canadian company says the deal is still in the works and would not comment further.