“Western New York is home to innovative manufacturing companies that have strategically diversified in order to grow,” said Empire State Development Acting Commissioner and President & CEO-Designate Eric Gertler. “Eastman Machine is a great example of a global business with Buffalo roots.

“Buffalo Niagara has already made strides in successfully raising the region’s public profile within the national and global real estate scene,” said Thomas Kucharski, president and CEO of Invest Buffalo Niagara. “Given that we are on the radar, now it is time to band together in an even more unified fashion to bring additional inventory […]

“The main objective of this initiative has been to better understand the industrial real estate assets of our region, the existing availability and quality of sites, the development pipeline, and how it all positions us in comparison to competing markets,” said Thomas Kucharski, president and chief executive officer of Invest Buffalo Niagara.

“I look forward to furthering the incredible groundwork that has been laid through Pete Cammarata’s tenure at BUDC and infusing new innovations that will reflect Buffalo’s diversity and carry our city into the future,” Merriweather said.

The IPO also gives investors a hefty profit – at least on paper – and an efficient way to cash out by selling shares. That leaves them with lots of money – money that they can use to invest in other businesses if they choose. “They’re basically going to look for new places to invest […]

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 […]