From Business Today:
Gary Hydock is taking another shot at the radiant heat business. He has acquired an East Side building, on Northampton Street near Genesee Street, and brought in some investors. Modular Radiant Technologies will market the panels to businesses, which Hydock believes are ready to drastically cut their heating costs. Hydock bet on radiant heat in the past with GCS Radiant, but that company folded in 2009 when customers began cutting back home-improvement spending.
A vacant former food plant in Wilson has a new owner. The former Pfeiffer Foods plant on Lake Street has been sold to Lawta Properties LLC for $419,000. Lawta owns and leases several parcels in Wilson, on most of which it grows corn. It did not respond for comment as to what the new site would be used for. Pfeiffer Foods was Wilson's largest private employer, employing 150 people to make salad dressing. Those jobs were consolidated to another facility in 2009 and the building has sat empty for three years.
Businesses in Cheektowaga may be eligible for a low-rate loan from the Cheektowaga Economic Development Corp. The agency is offering five-year loans with a 0.5 percent interest rate to manufacturing, warehousing and wholesale distribution companies in the town to help them create jobs. Retail and service trade companies might also be considered. According to the job creation requirements, at least half of the jobs must go to workers who currently have low to moderate incomes. For more information, call 897-7200, Ext. 6, or visit Cheektowagadevelopment.com.
Who is getting hired, promoted and honored?
The weather forecast calls for a high of 57 degrees and mostly sun:
taggedEconomic Development | Energy | Manufacturing | Real Estate | Small Business