The Buffalo, New York-based company, which provides an online marketplace for auctioning used cars, had marketed shares at $20 to $22 each, a range that it earlier elevated from $18 to $20.

“This is nothing short of incredible and this is just their first phase commitment. They’re making a combined investment of $290 million at STAMP of which they have generously agreed to help us fund the major substation that will supply power not only to their project as it grows but also to the rest of […]

Upstate Niagara has put the Ecology & Environment Inc. headquarters at 368 Pleasant View Drive in Lancaster under contract. It will pay $4.8 million for the 60,000-square-foot building that sits on 119 acres of land, with the deal set to close later this month.

“We have to be nimble and flexible. The key to the last 20 years of this renaissance is collaboration. We are going to have to double down on that going forward,” Kucharski said.

“Our customers demand exceptional tires, and this investment improves our tire building capabilities, doubles our output, increases our speed to market and enhances the high-quality tires made in this facility,” said Yasutaka Ii, president and CEO of Sumitomo Rubber USA. “It also reinforces our commitment to our strong team members and our community here in Tonawanda […]

The nonprofit organization reported engaging over 175 investors to deliver $2.23 million in investments to 32 companies in 2020. Buffalo-based Launch NY provides capital access and mentoring to startups in the 27 westernmost counties of New York State.

“This is another step in our efforts to let the world know that if you want to develop a medical device in the neuro and cardiovascular space, coming to Buffalo is a good place to be,” Jacobs Institute CEO William Maggio said.

“They were instrumental in helping us connect with the local politicians,” Terhune Jr. said. “They helped us with getting some grants through National Grid and with jumping through some hoops to find opportunities for small businesses like ours.”

“When I got to see everything that Douglas was doing, not just with Seneca One but part of the downtown renaissance that he’s helping build, I thought it was important for us to be supportive of that and to be part of that.” -Frank Ewing, CEO, AML RightSource

NYPPE soon plans to install newly acquired equipment at a 4,250-square-foot facility in Kenmore, where it will begin by hiring about 16 people to run its first production shift.