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Linsanity takes hold at New Era Cap Co.

From Business Today:

 

New Era Cap Co. is getting in on the Jeremy Lin action. The Buffalo-headquartered hat maker began selling licensed "Linsanity" caps Tuesday, planning to meet the explosive demand for merchandise featuring the breakout New York Knicks basketball player. The company had to order another batch of the special-edition cap after selling out during the first day.

 

Western New Yorkers heading to New York City may find it a bit easier to find a flight. Delta Airlines has announced it will begin offering non-stop service to New York's LaGuardia Airport. It will give Buffalo Niagara International Airport 42 percent more capacity to New York City.

 

APP Pharmaceuticals on Grand Island has received a warning letter from the Food and Drug Administration saying it has failed to address several serious violations the government agency found during a 2011 inspection. APP has said it will address the problems and that remedying the problems should not affect production or profits.

 

The longtime CEO at Lifetime Healthcare Cos. has announced he will retire. David H. Klein will step down as CEO of the Rochester-based parent company of Univera Healthcare by the end of this year. He has been in the healthcare industry for 40 years.

Who is getting hired, promoted and honored?

Happy Leap Day!

Brighter days at the Ford stamping plant

From Business Today:

Ford

Ford Motor Co.'s enormous stamping plant on Route 5 in Hamburg has upgraded its lighting to be 70 percent more efficient than it was when it used metal-halide light fixtures. The plant now boasts 1,740 LED tandem fixtures--which will save enough electricity to run 1,400 homes for a year. The $2.7 million project received an energy efficiency grant from $1.35 million grant from National Grid. The light fixtures were built by S3J Electronics in Lancaster.

Hsbctower

Western New Yorkers are waiting to see how HSBC Holdings' profit losses will affect the rest of the community. HSBC's fourth quarter profits fell 26 percent, from $4.4 billion to $3.2 billion. The British banking company still hasn't made decisions about its subsidiary HSBC Bank USA's space in downtown Buffalo or its mortgage operation in Depew. More than 4,000 Western New York employees are anxiously awaiting their fate.

M&T

M&T Bank will close one of its three Jamestown branches. An office at 2-8 E. Third Street near Main Street will close on May 25. Its services will be consolidated with a full-service office and another walk-up location in Jamestown.

Who is getting hired, promoted and honored?

 

Lots of bank news. Here's some Banksy news:

 

Help for young job hunters

From Business Today:

Young people are having a tough time finding jobsCAMARDO these days, so New York state has come up with an incentive program to help. The New York Youth Works program trains eligible people who are 16-24 years old and gives the GEICOcompanies that hire them $3,000 tax breaks per worker. Locally, GEICO and Ingram Micro have signed on so far. Details to apply for the program are available here.





Local glove maker Manzella Productions has been sold to Totes Isotoner. The impact on local jobs is unclear at this point, but some of the design and  development work will remain in Cheektowaga.

The Hamister Development Group is planning to build a hotel in downtown Niagara Falls. The City PrintCouncil anointed the firm the preferred developer for the long vacant site at 310 Rainbow Blvd., just minutes from the falls.






Sovran Self Storage is coming of a strong fourth quarter,and its CEO Kenneth F. Myska is optimistic about the future. Seems Americans have lots of stuff to store.

Who is getting hired, promoted and honored?

  

New York Works Youth Program


Tax incentives and job training are available to qualified New York state businesses and residents throuth the New York Works Youth Program.

  Business can apply to participate in the steate youth jobs program at this site: www.jobs.ny.gov/youthworks.

Jobseekers can apply at: https://labor.ny.gov/secure/workforce/youth-tax-credit/youth.asp

Cleaner garbage trucks roll in

From Business Today:

The garbage truck rolling down your street may be doing more than picking up your trash; it may be leading the way to a new energy future. Modern Disposal has 15 trucks that run on natural gas, and it just unveiled its new filling station at its storage yard in Lewiston. The natural gas is cheaper and cleaner than diesel, and it is from domestic sources. Sounds like a win-win-win situation.

Some local CEO's are on the block - the auction block that is. The Buffalo Niagara Partnership is holding its annual CEO auction to raise funds for its efforts. The bidding for lunch with an area CEO and concurrent networking will occur at the annual party called the "The Hobnob" on Tuesday.

New Era Cap Co. has a knack for being on the cutting edge of popular culture, and they are proving it again with their latest hat called "Linsanity." The cap honors New York Knicks phenom Jeremy Lin. The American graduate of Harvard who is of Taiwanese descent has electrified the sports world. New Era's cap will go on sale at the Delaware Avenue store on Tuesday.

Who is getting hired, promoted or honored?

Alternative fuel efforts get help.

From Business Today:

The progress toward alternative fuels for vehicles and ENrG, TAM Ceramicsother machines is getting a boost from two area companies. Tonawanda-based ENrG Inc. and Niagara Falls-based TAM Ceramics are teaming up to create membranes and powders that are used in fuel cells. Both received grants from the NY State Energy Research and Development Authority to further their efforts.

Computer Task Group continues to find its strength in computerized medical records. The Buffalo-based company boosted profits by 24 percent largely on the hospital-focused area of its business.

M&T Bank has released its smart phone app for business customers. So that guy you see playing with smart phone may be making payroll.

Who is getting hired, promoted or honored?


John Glenn's breathing device resides here.

From Business Today:

Western New York is full of technological expertise and surprises.JOHN GLENN'S REGULATOR Two of them come together Monday on the 50th anniversary of John Glenn's obit of the Earth. Turns out the oxygen regulator that helped Glenn breathe during that historic trip was invented and built here. And it is on display in Orchard Park in the lobby of Cobham Plc., the company that bought Carleton Technologies. George Ord, a co-founder of Carleton, developed the regulator that Glenn used, and then in a surprising turn of events, he brought it back from the Smithsonian Institution. It's a terrific story.




The Steel Winds along Lake Erie has six new giant wind mills and is STEEL WINDSgenerating 75 percent more power. The 14 towering turbines can now generate up to 35 megawatts of electricity, enough for about 9,000 homes.








When you are listening to your radio and you hear Kevin O'ConnellO'CONNELL on WECK-1230, and you turn on your television a few minutes later and see him on TV doing the weather, do you ever think, 'wow, he really moves fast, from the radio studio' ? Think again. He is using a technology called voice tracking that many radio personalities are using.





Who is getting hired, promoted and honored?

Recent real estate transactions.
  

A new Mini store coming.

From Business Today:

Mini

 If you're in the market for a Mini Cooper, you may soon have a new location to choose from. Towne Automotive Group sent plans for a standalone Mini dealership to the Clarence Industrial Development Agency seeking possible financial assistance. The dealership currently sells BMWs and Minis out of one dealership on Main Street near Transit Road, but is planning a new 10,000-square-foot center on Main Street near Westwood Road. The projected price tag for the project is $2.5 million.

Kodak

The Kodak Theatre may soon have a new name. The Hollywood venue, which hosts the Academy Awards, has been sponsored by Kodak since 2001 in a 20-year deal worth $72 million. But the Eastman Kodak Co. won bankruptcy court approval Wednesday to remove its name and back out of that deal. It will save the bankrupt company about $3.6 million per year.

AmericanAxle

Dresser-Rand Group in Olean, which develops supersonic compression technology, has been awarded $500,000 toward the planned construction of a $9.6 million research and development facility by Empire State Development. The economic development agency also awarded $200,000 to Buffalo's Galvstar LLC, a maker of galvanized steel that is set to anchor the former American Axle plant. Empire State Development gave $3.36 million in grants to projects throughout the state.

Who is getting hired, promoted and honored?

It's Friday, people!

 

 

Car buyers take a breather

From Business Today:

JeepRescue

Local new car sales were down in January, according to the Niagara Frontier Automobile Dealers Association. Auto sales dropped 5.1 percent compared to the same month last year. Dealers reported selling 2,810 units during the first month of 2012. That's down from the 2,964 with which they kicked off 2011. Ford sold the most cars--688 of them--followed by Toyota, Honda and Jeep.

BCBSHealthNowbldg

New York State is getting ready to examine health care insurance premium rates in the state. Regulators will conduct an audit to make sure the data insurance companies use to calculate rates are accurate. Regulators will be looking to make sure insurers are allocating administrative costs and commissions properly, among other things, and look for ways costs might be better controlled.

C919

Moog Inc. is getting a piece of a new jet being built by China's state-owned aircraft company. The Elma motion-control equipment maker will supply major flight-control systems for Commercial Aircraft Corp. of China's Comac C919 jetliner. Terms of the deal were not disclosed, but Moog said the contract represents a key opportunity for the company.

BBQ

Dinosaur Bar-B-Que, a Syracuse biker hangout turned food pilgrimage destination, may soon open its doors in Buffalo. The restaurant's CEO said Wednesday that he is looking for a spot within the city of Buffalo for his next location. Deals haven't been finalized, so CEO John Stage was mum on details, but he did say he has been trying to make a Buffalo location happen for the past two years.


Who is getting hired, promoted and honored?

Here's a little taste of Dinosaur BBQ winning "Best BBQ in America" on "Good Morning America":

  

Sportmen's Tavern gets some video love

From Business Today:

 

The top management at a local company is getting shuffled around.

Sovran Self Storage, which owns the Uncle Bob's self-storage chain, is promoting its current chief financial officer, David Rogers, to CEO. Former CEO Robert Attea will become the executive chairman. 

The changes are part of the company's succession plan and will take place March 1.

 BrianLipke

A Hamburg building products maker has bought a small metal grating company in Alberta. Gibraltar Industries has acquired Edvan Industries, which makes metal grating primarily for the oil and gas industry. Gibraltar has targeted its metal mesh business for growth, and this latest acquisition will help propel that growth along. The addition is expected to add $5 million to Gibraltar's annual sales. 

 

Today

A Tonawanda of Tonawanda homeowner is getting more exposure than she expected when she first listed her home for sale. Producers of the Today Show chose a house for sale at 61 St. John's Avenue in the Town for a segment it is doing on homes that cost less than $200,000.

   Officedepot

 Office Depot confirmed it is closing its locationat 2309 Eggert Road. About 20 employees will be out of work when the struggling office supply store closes its doors at the end of March.   

Who is  etting hired, promoted and honored?

Check out Visit Buffalo Niagara's new promotional video about iconic local bar and music venue, the Sportsmen's Tavern:

 

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