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New coffee machine, Japan quake sending market waves, inventors learning the biz...

From Business Today:

Coffee

McCullagh Coffee made an investment in both its company and the environment with its latest purchase. The Swan Street company bought a $225,000 "form and fill" machine that will allow it to package coffee faster and use an eco-friendly package that will biodegrade in landfills. The purchase was made with the help of a $40,000 grant from Empire State Development and a $10,000 incentive from the New York State Energy Research and Development Authority. President and CEO Warren Emblidge Jr., left, shows Ken Schoetz, senior vice president at Empire State Development what the new packaging machine can do.

  Froehlich

Investment strategist Robert Froehlich made a stop in Buffalo Tuesday with some bold news, saying the  Japanese earthquake and tsunami will "have the single greatest impact on your portfolio as any external event in the last 25 years." The disaster could fuel inflation, spur faster economic growth in Japan and keep interest rates low through the summer before possibly spiking in the spring.

 

 

Preseed

Inventors and entrepreneurs spent three days honing their ability to bring their ideas to the marketplace. Seven teams of hopefuls immersed themselves in a pre-seed workshop on the Buffalo Niagara Medical Campus, where they pitched their ideas to industry experts and received coaching and feedback in return. The teams hoped the skills they learned would help them polish their presentations and eventually land them investment money for a start-up.

Who is getting hired, promoted and honored?

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