Strictly Business

From Business Today:

M&T Bank Corp. completed its purchase of Wilmington Trust Corp., the largest bank in Delaware, and is bringing 133 new jobs to Buffalo. The deal gives M&T a prestigious wealth management operation and a strong presence along the Eastern seaboard. Chairman and CEO Robert T. Wilmers also said he is intrigued by the possible changes in the Western New York HSBC operations. Very interesting...

Shandra Spicer is proving wrong everyone who says there is little opportunity Buffalo. Spicer has taken over the small janitorial and construction firm her parents started and grown it into a formidable company. S&W Contracting was the only Buffalo company to make the Fortune magazine Inner City 100 list of fastest growing urban companies this year.

Niagara Transformer makes big transformers, and it wants to make even bigger ones. It received $1.44 million in tax incentives from the Erie County Industrial Development Agency to help with an $8 million expansion. The company is preparing for what it expects will be a busy time for utility expansion across the world.

Harry's Harbor Place, the enchanting riverfront restaurant on Niagara Street, has been sold for $1.74 million to Bill Koessler, owner of Park Lane Catering. Koessler was part of a group that had tried to buy the Statler Towers, but backed away. The waterfront location with a splendid view of the Niagara River will be called Aqua.

Who is getting hired, promoted and honored?