From Business Today:
County Executive Mark C. Poloncarz has appointed three new but not unfamiliar faces to the Erie County Industrial Development Agency board. Retired Rep. John J. LaFalce, Buffalo Urban League President Brenda McDuffie and World Trade Center Buffalo Niagara President Christopher Johnston have all been appointed spots. Reports say LaFalce may become the next chairman and McDuffie the next vice chairman.
Two more Canadian companies will relocate operations to Western New York, thanks to a little help from Buffalo Niagara Enterprise.
Avanti Advanced Manufacturing, a plastic injection molding company and Blockbuster Costumes, which distributes costumes and party supplies, will relocate to Buffalo and Sloan, respectively. The BNE helped bring a third Canadian company, Nutrablend Foods, in 2009 and helped it commit to expanding here in November. All three are expected to invest more than $1 million and create 35 jobs.
Scores of banking customers have become victims of credit and debit card fraud, after computer hackers in Orleans County broke security at stores and transaction-processing firms on Black Friday. All of Medina Savings & Loan Association's customers were hit, as were customers at M&T Bank Corp. and HSBC Bank USA.
Sen. Charles E. Schumer wants to know whether oil producers and refiners have engaged in price fixing, and he's asking the Federal Trade Commission to hurry up and figure it out. The FTC launched an investigation last summer at the urging of New York Democrats. If price fixing is happening, it needs to be uncovered soon, as gasoline prices rise, he said. In Buffalo Niagara, gas is selling for an average of 45 cents more per gallon than it was at this time last year.
Who is getting hired, promoted and honored?
taggedBanks | Consumer protection | Economic Development | Energy