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Home sales and prices are up, Appliance rebate program ends and UB center gets new name

From Business Today:

101MeadowRdBuffalo

Home prices in the Buffalo Niagara region broke records in July, while home sales rose by 18 percent. It's a sign that the local housing market is stabilizing--and at a positive level--now that enough time has passed since the government's housing tax credits ceased. In July, 848 homes closed, compared to 721 for the same month last year. Pending sales rose by 11 percent. The average home price in July was $147,561, up from $125,000.

GEenergystar

A rebate program designed to get more consumers buying energy efficient appliances has ended. The Buy Green, Save Green New York State High Efficiency Appliance Rebate program ended just five days after it started. The $3 million allotted to the program ran low over the weekend. Another $500,000 was added to the pot, but by Sunday afternoon, all funds were exhausted.

TCIE

The University at Buffalo Center for Industrial Effectiveness has changed its name to reflect the times. Now called UB TCIE, the center provides a bridge between local businesses and the school's engineering and business resources. Officials thought the word "industrial" sounded outdated.

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Regional Councils plan for jobs and sustainable development, UnitedHealth Group to add jobs, Group hosts Gluten-free info expo

From Business Today:

HowardZemsky

The top priorities for the Western New York Regional Economic Development Council are sustainable development and jobs.

The panel  approved an eight-point priority list Tuesday that will guide the group as it creates an economic development plan for the region and tries to secure state funding for selected projects.

 

UnitedHealth

UnitedHealth Group, the nation's No. 2 health insurer, said Tuesday that it will
hire another 75 employees in Tonawanda by the end of the year, bringing its total hiring
locally for the year to more than 200.

 

Hearthstone Manor will host Gluten Freedom Day, a food information fair about the gluten-free diet for people with celiac disease. It will be held Saturday from 11 a.m. to 4:30 p.m. at 333 Dick Road in Depew. The $5 admission is waived for those who attend for preregistered workshops. For more information, contact Cliff Hauck, president of WNY Gluten-Free Diet Support Group at 636-9855 or hauckc@roadrunner.com.

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Still raining, huh?

 

Len-Co opening Tonawanda store, Westwood CC may have a deal, and Tops expands...

From Business Today:

Len-Co Lumber, the popular local lumber and hardware company, is opening a new store on Delaware Avenue in the Town of Tonawanda in the Premier Liquor building. Len-Co bought the property this week, on the same day Premier bought a site on Maple Road in Amherst, where it is building a new store. It seems fitting that a locally owned company would buy the building from the locally owned Premier. And for the folks in the Kenmore area, having a Len-Co nearby will be a huge benefit.

The board of the Westwood Country Club has voted to accept a purchase offer from the company that runs the restaurant in the Amherst club. Windows on the Green was selected over two other offers, but the club's 88 shareholders must now vote on the offer, and that could be a contentious vote. The Windows on the Green offer is being directed by John R. Yurtchuk, president of Matrix Development, and Jon Cohen and Todd Sugarman, co-owners of the club restaurant. Offers from Paul Snyder's Snyder Corp. and a group called Amherst Golf Partners, were not selected. All the offers pledged to keep the club open.

Tops Friendly Markets continues to grow. The company announced it is buying Furnal's Fresh Market in Hilton, near Rochester.

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Ford laying off 150, Buffalo Games is looking for product testers, Profits soar at Taylor Devices and local lawyer named NLRB chairman

From Business Today:

LorrieValentine

About 150 workers at the Ford Stamping Plant in Hamburg are facing layoffs. The furloughs will take effect Sept. 12. Some of the laid off employees are making arrangements to transfer to Ford plants in Louisville, Ky. and Chicago, while others remain here, hoping to be called back to their jobs.

The Route 5 facility made stamped metal parts for an assembly plant near St. Thomas, Ont. That plant is scheduled to close in two weeks, and the reduced workload calls for fewer employees. About 500 salaried workers will be left at the Hamburg plant.

MorganCalhoon

Buffalo Games is looking for game testers. The Buffalo-based maker of puzzles and party games is launching an official Play Laboratory at its James E. Casey Drive headquarters. The purpose is to test new game concepts throughout their development and before they go to market. Game testers will be observed by designers--sometimes playing with them--and answer questions. They'll be provided pizza, drinks and snacks while they play and be given some free games to keep. To sign up, click here.

TaylorDevices

Fourth-quarter profits at Taylor Devices were up by 64 percent. The North Tonawanda company makes shock absorbers, which are in big demand to protect buildings and bridges from earthquake and high wind damage. The company's profits jumped to more than $722,000, or 23 cents per share, from $439,496, or 13 cents per share, a year ago.

Pearce

A local lawyer has been named chairman of the National Labor Relations Board. Mark Gaston Pearce has served on the NLRB for the past year, but was made chairman by President Obama over the weekend. Pearce was a founding partner of the Creighton, Pearce, Johnsen and Giroux firm in Buffalo, where he worked from 1979 to 1994.

 

 

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