From Business Today:
The CEO of GEICO Corp., Olza M. "Tony" Nicely says his company has found an excellent workforce in Western New York, and he attributes the company's success to its people here and around the country. Speaking at the 19th annual Prospectus Premiere sponsored by The Buffalo News, Nicely outlined the history of the company and the dire circumstances it survived in the 1970's. He also thanked News Publisher Stanford Lipsey for luring GEICO to the region.
Gov. Cuomo's budget calls for replacing the Power for Jobs program with another iteration that will set aside more power for economic development by taking it from a residential program. Residential power bills will be reduced by a discount to offset the loss. Cuomo and others believe that boosting businesses with the low cost power will yield greater benefits to the state.
Capital Management Services, a collection agency now in the Larkin Buiulding, is planning to move into a new office building that will go up next door. The company says the building will house 1,000 workers. Larkin Development, the development company run by Howard Zemsky, will begin building the two-story, 56,000-square-foot building in the spring if the project gets the tax breaks and approvals being requested.
Who is getting hired, honored and promoted?
From "Tony" Nicely's speech...
GEICO boss lauds WNY, Cuomo wants more power, new building in the Larkin District...
February 2, 2011 - 10:01 AM
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