From Business Today:
A democratic assemblyman from Buffalo has some critical words for Western New York's industrial development agencies. Echoing a common sentiment, Sean Ryan said IDAs only help Erie County communities steal businesses from one another rather than helping the region grow. He made his statement outside of Prime Wines (better known as Premier Liquor), which just got tax breaks to move from its longtime Kenmore location to Amherst.
Rich Products Corp. has 50 locations on six continents, and its new business structure is going to reflect that varied global presence. It is turning from its current dual structure of North American and International groups and is switching to a single organization with five regional units: U.S./Canada, Asia/Pacific, Latin America, Europe/Middle East and South Africa.
The computer coding glitch that has plagued Univera Healthcare parent Excellus is still being fixed. But fortunately, very few Western New Yorkers were affected in the company's inital overcharges of high-deductible plan customers.
A Cheektowaga recycling company is expanding. Great Lakes Paper Fibres Corp. bought a vacant manufacturing facility and warehouse on Harlem Road for $1.075 million from Tony Trusso's Tru Commercial Development. It will use it for a new facility to handle and process scrap paper.
Profits plunged at Ecology & Environment during the first quarter. The Lancaster-based environmental services firm saw a 43 percent drop in profits, which was attributed to rising sub-contracting and operating costs. Still, revenues were up less than one percent to $42.3 million.
Who is getting hired, promoted and honored?
I requested a white Christmas, not a wet one: