The Buffalo News (Buffalo, NY) articles from October 2000

The Buffalo News (Buffalo, NY) archives from October 2000

Pep Boys to Close 38 Stores, Two in Western New York.
October 31, 2000... Byline: Matt Glynn Oct. 31--Pep Boys -- Manny, Moe & Jack, Inc., one of the largest U.S. retailers of auto parts and service, has closed 38 unprofitable stores, including two in Western New York, and cut about 1,500 jobs as part of a...

Buffalo, N.Y.-Area Banks Beef up Their Equity Fund Operations.
October 31, 2000... Byline: Chet Bridger Oct. 31--Banks, the conservative harbors of interest bearing accounts, are taking new steps to convince clients they can also manage stock portfolios. Local banks have had a tough time selling their mutual funds,...

Buffalo, N.Y., Telemarketing Firm Faces Suit for Credit Card Insurance Scam.
October 31, 2000... Byline: Jay Rey Oct. 31--For nearly two years, credit card holders across the country were contacted by a Buffalo telemarketing business pitching insurance to protect against stolen credit cards. But actually, it was the Buffalo...

Several New Grocery Stores May Be Opening in Buffalo, N.Y.
October 31, 2000... Byline: Brian Meyer Oct. 31--A push to try to attract new grocery stores to underserved Buffalo neighborhoods is gaining momentum, according to city officials, who predicted Monday that several new projects will be announced in the...

Investors Don't Like to Admit They Made a Mistake.
October 31, 2000... Oct. 31--Mistake? What mistake? Nobody likes to admit they're wrong, and that seems to be especially true with investors. Rather than cutting their losses by selling their losers, investors tend to hang on to them no matter what, hoping,...

Adelphia to Use Internet for Local Phone Service in Buffalo, N.Y.
October 31, 2000... Oct. 31--You may have already used the Internet for phone calls without knowing it. Big long-distance carriers shift some of their traffic to voice-over-IP wholesalers like Genuity and ITXC Corp., which use the public Internet to handle the...

Buffalo, N.Y., Woos Business Site Selectors with Football Game Tickets.
October 30, 2000... Byline: Brian Meyer Oct. 30--When you're a fledgling entity competing with 7,000 economic development groups in a fierce match to attract new jobs, you use every tool you can find. Even a visit by Gang Green. What better way to...

Suburbs of Buffalo, N.Y., Grab Businesses as Cost of Office Space Rises.
October 30, 2000... Byline: Chet Bridger Oct. 30--Prime office space in downtown Buffalo or the suburbs costs about $20 a square foot, with neither market enjoying a significant price advantage, according to a new survey by a commercial real estate firm....

Buffalo, N.Y.-Area Retailers Worried over Vacant Holiday Sales Positions.
October 30, 2000... Byline: Sharon Linstedt Oct. 30--With 56 shopping days left until Christmas, more than a few area retailers are still wondering where they'll find enough employees to get through the busiest time of the year. From the corridors of...

The Buffalo News, N.Y., Small-Business Column.
October 30, 2000... Byline: Brian Meyer Oct. 30--It all started with $18 in wood, a saw and a desire to tinker around in a home workshop. When Ronald Walczak turned the pieces of pine into customized toy boxes and sold them for $200, he realized he was...

The Buffalo News, N.Y., Business Briefs.
October 27, 2000... Oct. 27--ECOLOGY & ENVIRONMENT TO BUY BACK 200,000 SHARES: Ecology & Environment, the Lancaster-based environmental services firm whose stock has lost nearly half of its value since the end of 1997, said Thursday it plans to buy back up to...

Amendment Would Hike Carpenters' Pensions to $1,072.
October 27, 2000... Byline: Fred O. Williams Oct. 27--A measure pushed by area congressmen would boost federal insurance payments to hundreds of area carpenters in the likely event that their failing pension plan goes bankrupt. The measure, an amendment...

Adelphia Communications Teams Up with Buffalo, N.Y., Hockey Team Again for Ads.
October 27, 2000... Byline: Sharon Linstedt Oct. 27--Adelphia Communications Corp. is once again raiding the Buffalo Sabres bench to star in commercials for its various entertainment and communications products. The Coudersport, Pa.-based company has...

Earnings of Buffalo, N.Y.-Based Energy Firm Fall 50 Percent in Quarter.
October 27, 2000... Byline: David Robinson Oct. 27--National Fuel Gas Co.'s fourth-quarter profits tumbled by 50 percent as a new agreement to reduce rates for its customers in Western New York and rising expenses for stock options awarded to top executives...

Buffalo, N.Y.-Based Insurance Firm Sees Profits Rise 1 Percent.
October 27, 2000... Byline: David Robinson Oct. 27--A sharp jump in investment income, which helped offset higher claims on its insurance policies, helped Merchants Group increase its third-quarter profits by 1 percent, the Buffalo-based company said...

Sell-Off in Nortel Stock Sends Toronto Stock Index into Nosedive.
October 27, 2000... Byline: Barry Brown Oct. 27--TORONTO, Canada--Nortel Networks, the 800-pound gorilla of the Toronto Stock Exchange, dropped from investor favor like King Kong off the Empire State building this week, taking the exchange on its biggest...

Buffalo, N.Y., Drilling, Testing Firm Buys Branch of Texas-Based Tech Firm.
October 26, 2000... Byline: Matt Glynn Oct. 26--SJB Services, a locally based drilling and testing company, has acquired the New York operations of Texas-based Maxim Technologies in a stock deal. Combined, the two companies will employ about 110 people...

Study Finds Downtown Buffalo, N.Y., Is Successfully 'Rebranding' Itself.
October 26, 2000... Byline: Brian Meyer Oct. 26--The typical person who attended Thursday at the Square concerts this summer lived outside the city and worked outside the central business district, according to a new study that promoters say proves downtown...

Average Sale Price of Buffalo, N.Y.-Area Home Jumps 6 Percent in September.
October 26, 2000... Byline: Chet Bridger Oct. 26--The average sale price of a Buffalo area home jumped 6 percent last month to $100,455, a record high for the month of September, driven by the desire buyers are showing for larger homes. Real estate...

Buffalo, N.Y., Small Business Center Called an Economic Catalyst.
October 26, 2000... Byline: Brian Meyer Oct. 26--A small business resource center scheduled to open on Buffalo's East Side in January could serve as a prototype for similar facilities throughout the city, economic developers said Wednesday. Plans to...

Amherst, N.Y.-Based Aerospace Firm Reports Record-High Sales, Profit.
October 25, 2000... Byline: Matt Glynn Oct. 25--New orders related to Astronics Corp.'s night vision program with the U.S. Air Force pushed the company's sales and earnings to record highs in the third quarter. The Amherst-based company's earnings rose...

Buffalo, N.Y., Firm Recycles, Breaks Down Old Computers, Equipment.
October 25, 2000... Byline: Matt Glynn Oct. 25--This is where computers go to die. Keyboards, monitors and wires are piled high in separate containers. Stacks of central processing units and printers rise from the floor, banished from work places in...

Dried Food Processor Expands Lyndonville, N.Y., Plant.
October 25, 2000... Oct. 25--Atwater Foods, a dried fruit processor, has completed a major expansion of its plant in Lyndonville in Orleans County. The expansion adds 34,000 square feet to the site's current 20,000 square feet, said Randy Atwater, the...

Labor Secretary Urges Buffalo, N.Y.-Area Democrats to Turn Out the Vote.
October 25, 2000... Byline: Fred O. Williams Oct. 25--Labor Secretary Alexis Herman visited Buffalo on Tuesday and urged a roomful of local Democratic leaders to focus on turning out the vote next month. About 120 labor union chiefs and leaders from the...

Quarter Profits of Amherst, N.Y., Materials Handling Firm Leap 758 Percent.
October 25, 2000... Byline: Sharon Linstedt Oct. 25--Proving once again that it has climbed out of its slump, Columbus McKinnon Tuesday reported second-quarter profits of $4.4 million, or 31 cents per share, a dramatic 758 percent leap from $500,000, or 4...

Houston Investment Group Buys 281 Buffalo, N.Y., Properties in Auction.
October 25, 2000... Byline: Brian Meyer Oct. 25--A Houston investment group bought 281 Buffalo properties for $615,700 at the city's annual foreclosure auction, in an unprecedented out-of-town buying binge. The impact of such a large investment in...

Tonawanda, N.Y., Teamsters Mark Anniversary of Virginia Trucking Firm's Strike.
October 25, 2000... Byline: Fred O. Williams Oct. 25--Four mornings a week, Walter Thompson walks the Teamsters picket line outside Overnite Transportation's terminal on Kenmore Avenue. But Thompson is a retiree from Red Star who never worked at...

Batavia, N.Y.-Based Vacuum Equipment Firm Rebounds with Second-Quarter Profits.
October 25, 2000... Byline: Sharon Linstedt Oct. 25--Batavia-based Graham Corp., which had a loss in the fiscal first quarter, has announced positive second-quarter results. The heat transfer and vacuum equipment manufacturing company reported net...

New York State Is an Expensive Place to Do Business, Survey Finds.
October 24, 2000... Byline: Brian Meyer Oct. 24--A new survey paints a picture of New York state as an expensive place to do business, and some employers say that has been a factor in driving people away from the region. Although most of the 483...

Buffalo, N.Y.-Area Retailers See Green as Halloween Becomes Big Business.
October 24, 2000... Byline: Sharon Linstedt Oct. 24--The traditional colors of Halloween may be black and orange, but retailers are seeing plenty of green as Americans spend their way to a ghostly good time. Halloween, which was once a fairly simple...

Buffalo, N.Y., to Get Its Own World Trade Center Organization.
October 24, 2000... Byline: Fred O. Williams Oct. 24--Say "World Trade Center" and most people see a pair of 110-story towers overlooking New York Harbor. Now, Western New York has a World Trade Center of its own, although it's not quite as...

Buffalo, N.Y.-Area Firms Join Benefit-Boosting Trend to Lure, Retain Workers.
October 23, 2000... Oct. 23--When Anne Pacifico went job hunting five years ago, one of the things that turned her head about prospective employer Fisher-Price was its on-site child care center. While Pacifico won't be in a postion to make use of the...

The Buffalo News, N.Y., Business Briefs.
October 23, 2000... Oct. 23--ELLICOTTVILLE, N.Y.--AGENCY OKS BOND FOR FURNITURE FIRM: The board of the Cattaraugus County Industrial Development Agency has approved Philadelphia Furniture's preliminary inducement for tax-exempt industrial revenue bonds valued at...

Buffalo, N.Y., Firm to Sell Area-Made Products on Internet.
October 23, 2000... Byline: Fred O. Williams Oct. 23--Look out, world. A start-up Web company plans to export Buffalo's live-for-today cuisine -- as well as regional art and gifts -- over the Internet. CityMade Inc. targets expatriates whose taste...

Houston-Based Manufacturer to Move Headquarters to Olean, N.Y.
October 22, 2000... Byline: Matt Glynn Oct. 22--Dresser-Rand Co. will move its headquarters from Houston, Texas, to Olean and invest $40 million in its three Southern Tier plants, the company announced Friday. The company also said it would retain the...

Buffalo, N.Y., Convention Center Approves Contract with Maintenance Staff.
October 21, 2000... Byline: Brian Meyer Oct. 21--Managers of the Buffalo Convention Center approved a two-year contract with building maintenance workers Friday. The pact will give employees represented by the Service Employees International Union...

Amherst, N.Y., Developer Gets Tax Break for Expanding Office Park.
October 21, 2000... Byline: Brian Meyer Oct. 21--An Amherst developer will receive nearly $661,000 in tax breaks as it expands a Main Street office park to accommodate a fast-growing company. With only one dissenting vote, the Amherst Industrial...

Erie County, N.Y., Communities Form Economic Development Alliance.
October 21, 2000... Byline: Brian Meyer Oct. 21--A year-long push to chart a regional approach to economic development in Erie County moved forward Friday, but without participation by three key suburban industrial development agencies. County officials...

Parent Firm of Buffalo, N.Y.-Area HMO Gets Third Fine for Late Payments.
October 21, 2000... Byline: Chet Bridger Oct. 21--HealthNow, fresh off a $500,000 fine from the state Insurance Department, has been slapped with another one for $28,500. The parent company of Blue Cross and Blue Shield of Western New York was one of 21...

Net Asset Value of Buffalo, N.Y.-Based Venture Capital Firm Remains Steady.
October 21, 2000... Oct. 21--Rand Capital's net asset value remained constant at $1.51 per share to end the third quarter. The Buffalo-based, publicly traded venture capital firm has an $8.7 million portfolio. Rand converted notes to increase its...

Niagara Falls, N.Y., Financial Firm Appoints New Chief at Auburn, N.Y., Bank.
October 20, 2000... Byline: Chet Bridger Oct. 20--First Niagara Financial Group has shifted plans and announced a management change at Cayuga Bank, the Auburn-based bank it will acquire Nov. 3. Richard D. Callahan, the former Marine Midland Bank...

Buffalo, N.Y., Group, Ad Firm's Plan to Move Into New Building Raises Ire.
October 20, 2000... Byline: Brian Meyer Oct. 20--The region's largest business-advocacy group and a downtown advertising agency might move into a new building planned in Buffalo's Theater District, fueling more controversy about a project that could receive...

Niagara Falls, N.Y., Development Agency Turns Down Hotel, Approves Projects.
October 20, 2000... Byline: Bill Michelmore Oct. 20--NIAGARA FALLS, N.Y.--Tourism took a back seat to industry Thursday when the Niagara County Industrial Development Agency refused to help a small family-owned hotel build a meeting hall and approved huge...

Drug Demand Is Elixir for Pharmacy Careers in Buffalo, N.Y.
October 20, 2000... Byline: Chet Bridger Oct. 20--Welcome to the Prozac nation, where there's a pill for every ill and drug dispensers are in demand. Forty-five employers lined up at the Buffalo-Niagara Marriott Wednesday to compete for the coveted...

Buffalo-Niagara Falls, N.Y., Frontier Sets Record Job Total for September.
October 20, 2000... Byline: Chet Bridger Oct. 20--Job growth remains slow on the Niagara Frontier, but the economy has still expanded enough to give the area a record number of jobs for the month of September, according to the New York Department of Labor....

Jamestown, N.Y.-Based Furniture Maker's Stock Slips Despite Doubled Profits.
October 20, 2000... Byline: David Robinson Oct. 20--Bush Industries's third-quarter profits nearly doubled, but a warning that fourth-quarter sales will fall short of expectations sent the Jamestown-based ready-to-assemble furniture maker's stock tumbling...

New Chief Is Chosen to Lead Buffalo, N.Y.-Based Information Technology Firm.
October 20, 2000... Byline: David Robinson Oct. 20--Computer Task Group has tapped a Unisys division manager to become its new chief executive, charged with the task of reversing the Buffalo-based information technology company's recent struggles. And...

Amherst, N.Y., Firms Plan to Add 2,800 New Jobs in Two Years, Survey Finds.
October 20, 2000... Byline: Brian Meyer Oct. 20--Amherst companies that have benefited from tax breaks through the town's industrial development agency are planning expansions that are expected to create nearly 2,800 new jobs within two years, according to...

Fisher-Price was bright spot for Mattel in Third Quarter Sales.
October 20, 2000... Byline: Sharon Linstedt Oct. 20--Little People and Rescue Heroes helped lead the way to greatly improved sales of Fisher-Price products in the third quarter -- a bright spot for parent Mattel Inc., which reported slumping profits and...

Single Internet Site to List All Buffalo, N.Y.-Area Job Openings.
October 20, 2000... Byline: Brian Meyer Oct. 20--As Bob Morgan plotted his next career move in the Internet marketing arena, it looked like all roads were leading to either the Silicon Valley or the Boston area. At one point in his job search, the East...

Town of Wales, N.Y., Precision Industrial Parts Maker Celebrates 20 Years.
October 20, 2000... Byline: Matt Glynn Oct. 20--Alan Everett takes pride in the high-tech equipment EverFab Inc. has added to its production floor over the years, making precision parts for companies involved in a variety of industries. He also points...

Jamestown, N.Y.-Based Savings Bank to Open Branch in Buffalo, N.Y.
October 20, 2000... Byline: Chet Bridger Oct. 20--Jamestown Savings Bank plans to jump into the suburban Buffalo market by Jan. 1 with a new branch in Eastern Hills Mall. The 5-year-old bank hopes to add deposits and expand its market for home mortgages...

Warsaw, N.Y.-Based Financial Company Sees Rising Profits.
October 19, 2000... Oct. 19--Financial Institutions, a four-bank holding company in Warsaw, saw profits rise 12.1 percent in the third quarter as its lending portfolio continues growing in Erie and Monroe counties. The parent company of Wyoming County Bank...

Buffalo, N.Y., Steel Firm Reports 1 Percent Rise in Profits.
October 19, 2000... Byline: David Robinson Oct. 19--Gibraltar Steel Corp., overcoming a sluggish steel market, said Wednesday its third-quarter profits rose 1 percent, beating analyst expectations. Buoyed by a 10 percent increase in sales and lower...

Buffalo, N.Y., Attracts, Nurtures High-Tech Ventures.
October 19, 2000... Byline: Fred O. Williams Oct. 19--Software developer Gerard R. Gooch worked in New York's Silicon Alley and considered moving there for good. But last year he came home to Buffalo to launch Cypherwire.com, a company that pushes Web sites...

Buffalo, N.Y.-Based Gas Supplier Warns of Lower Profit, Restates Figures.
October 18, 2000... Byline: David Robinson Oct. 18--National Fuel Gas Co. warned Tuesday that its fourth-quarter profits would be lower than expected and said its third-quarter earnings were $5.4 million lower than previously reported because of improper...

Buffalo, N.Y., Advocates to Produce Video Touting Benefits of Downtown Living.
October 18, 2000... Byline: Brian Meyer Oct. 18--A Prospect Avenue resident wants to tell people about his 10-minute commute to work, a daily trip that burns no gas -- only shoe leather. A woman who has lived most of her life in the shadow of Kleinhans...

York, Pa.-Based Retail Chain to Get Private-Label Clothes from Federated Unit.
October 18, 2000... Byline: Sharon Linstedt Oct. 18--The Bon-Ton Stores, which operates nine department stores in Western New York, has inked a deal with Federated Merchandising Group, a division of the Federated Department Stores chain, to supply it with...

Verizon to Refund $1.5 Million to New York Long-Distance Customers.
October 18, 2000... Byline: David Robinson Oct. 18--Verizon Communications will refund $1.5 million to 34,000 of its New York long-distance customers and pay $250,000 to the federal government after being unable to produce records proving that consumers had...

The Buffalo News, N.Y., Business Briefs.
October 17, 2000... Oct. 17-- NEW ERA MAKING WORLD SERIES CAPS: When the winners of this year's World Series don their championship caps, a Buffalo-based company will play a role in the celebration. New Era Cap Co. has been awarded the contract to make the...

Buffalo, N.Y.-Based Computer, Info-Tech Services Firm Posts Quarterly Loss.
October 17, 2000... Byline: David Robinson Oct. 17--Computer Task Group, battered by a 30 percent drop in revenues from its slumping information technology markets, said Monday it lost $209,000 during the third quarter. CTG's loss -- its third straight...

Buffalo, N.Y., Business Group, City Work on Plan to Build New Plaza.
October 17, 2000... Byline: Brian Meyer Oct. 17--Business leaders on Buffalo's West Side and the Masiello administration are working on a plan that could see a new plaza built on Niagara Street, officials confirmed Monday. While planners are still...

Chinese Imports Put Pressure on Tonawanda, N.Y., Foundry Coke Company.
October 17, 2000... Byline: Fred O. Williams Oct. 17--Chinese producers are undercutting Tonawanda Coke Corp., putting pressure on its 125 jobs, the company says in a federal anti-dumping complaint. "They're not required to live up to the same...

Housing Administration Requires `Wood Destroying Insect Reports' for Loans.
October 17, 2000... Byline: Chet Bridger Oct. 17--The Federal Housing Administration has begun requiring "wood destroying insect reports" for it mortgages. The rule is designed to protect homeowners from unsuspectingly inheriting an expensive pest problem,...

Consumers Find It Difficult to Repair Damage Caused by Identity Theft.
October 17, 2000... Byline: Chet Bridger Oct. 17--Here's a creepy thought for Halloween season. Some low life may have already grabbed your Social Security number, applied for credit in your name and rung up thousands of dollars in fraudulent charges....

Buffalo, N.Y., Brass Plant Gets Additional Funds to Improve Rail, Truck Access.
October 16, 2000... Byline: Matt Glynn Oct. 16--Outokumpu American Brass will receive another $2.4 million to improve rail and truck access at its plant on Sayre Avenue in Buffalo, complementing a $500,000 grant announced last month. The latest money...

Rochester, N.Y.-Based Bread Company Plans to Open Mall Kiosks for Holidays.
October 16, 2000... Byline: Sharon Linstedt Oct. 16--Montana Mills Bread Co., which operates six stores in the Buffalo area, is heading to the mall for the holidays. The Rochester-based scratch bread baker will open in-mall bread kiosks across upstate...

Board of East Aurora, N.Y., Electric Firm Approves Sale to Components Maker.
October 16, 2000... Byline: David Robinson Oct. 16--Acme Electric Corp.'s board of directors is recommending that its shareholders approve the company's $56.7 million sale to Key Components LLC, but the chief executive of the East Aurora electronics maker...

Western New York Employer Finds Innovative Ways to Keep Workers from Quitting.
October 16, 2000... Byline: Brian Meyer Oct. 16--The company CEO hid behind a barrier in a dark, maze-like room. It took his resourceful gun-wielding employees only a few minutes to hunt him down and fire their lasers into his vest. "Hey, sometimes...

Falling Stock Market Reminds Investors of Past Crashes, Surges.
October 16, 2000... Byline: David Robinson Oct. 16--Rosemary A. Ligotti didn't feel much like celebrating the 10th anniversary of the bull market last week. To the Amherst stock broker, it felt more like the 13th anniversary of the 1987 stock market...

Independent Natural Gas Supplier Exits Buffalo, N.Y.-Area Residential Market.
October 16, 2000... Byline: David Robinson Oct. 16--The push to bring competition to the residential natural gas market and give homeowners more choices in picking a natural gas supplier took a big step backward last week. With most of the fledgling...

Buffalo, N.Y.-Area Realtors Test Technology from Local Realty Data Firm.
October 16, 2000... Byline: Chet Bridger Oct. 16--Local realtors can now access pertinent data about homes for sale from cell phones and Palm Pilots as the Buffalo area becomes one of the first in the nation with wireless listing data. The wireless...

Proposed Niagara Falls, N.Y., Steel Mill May Get Federal Loan Guarantee.
October 16, 2000... Byline: Thomas J. Prohaska Oct. 16--NIAGARA FALLS, N.Y.--The federal government will consider a loan guarantee to a proposed new steel mill here, Rep. John J. LaFalce, D-Town of Tonawanda, disclosed Friday. LaFalce released a letter...

Digital Cable Is Key to Higher Revenues for Adelphia Communications.
October 16, 2000... Byline: Fred O. Williams Oct. 16--With plans to build an office tower in Buffalo and add 1,500 jobs, Adelphia Communications is a growing force in the Western New York economy. It's also a player in the nation's cable and communications...

NAFTA's 1999 Report Card May Disappoint Buffalo, N.Y.-Area Businesses.
October 16, 2000... Oct. 16--As year-end figures for 1999 become available, a flurry of studies are examining NAFTA's five-year economic impact. But those waiting for a final report card on Western New York's experience with the North American Free Trade...

Earnings of Lockport, N.Y.-Based Bank Rise 13 Percent in Quarter.
October 13, 2000... Byline: Chet Bridger Oct. 13--The one-two punch of First Niagara Bank and Cortland Savings Bank is ringing up profits. First Niagara Financial Group, the parent company for the Falls and Finger Lakes combination, reported cash net...

Workers at Cheektowaga, N.Y., Call Center Approve Contract.
October 13, 2000... Byline: Fred O. Williams Oct. 13--Workers at the area's first unionized call center have approved a contract with the employer -- Telespectrum Worldwide Inc. in Cheektowaga -- ending eight months of bargaining. Members of the...

Profits of Delphi Automotive Systems Rise 8.8 Percent in Quarter.
October 13, 2000... Byline: Matt Glynn Oct. 13--Delphi Automotive Systems Corp.' said earnings rose 8.8 percent in the third quarter from a year ago, despite a 2 percent drop in sales. Net income climbed to $148 million, or 26 cents a share, from $136...

Buffalo, N.Y.-Based E-mail Services Firm Celebrates Growth with Ribbon Cutting.
October 13, 2000... Oct. 13--E-mail services provider Chek.com celebrated its expansion in downtown Buffalo on Thursday with a ribbon cutting for its new location on Main Street -- the future home of a major downtown employer, if the company's growth plans pan...

General Motors' Engine Plant in Canada Gets Boost from New Engine Line.
October 13, 2000... Byline: Matt Glynn Oct. 13--General Motors of Canada announced that it will pour $295 million (U.S.) into a new V6-engine plant in St. Catharines, Ontario, the latest in a series of recent investments by the automaker in Ontario and...

Developer Seeks More Tax Breaks for New Downtown Buffalo, N.Y., Hotel.
October 13, 2000... Byline: Brian Meyer Oct. 13--Cost overruns at a Hampton Inn & Suites going into an existing downtown Buffalo building is prompting the developer to seek additional tax breaks from Erie County's main development agency. The request is...

Dunkirk, N.Y., Company to Produce Ice Cream Line for CVS Drugstore Chain.
October 13, 2000... Byline: Sharon Linstedt Oct. 13--The CVS drugstore chain and Dunkirk's Fieldbrook Farms have struck a deal for the local company to produce private-label ice cream for its more than 4,000 stores. Fieldbrook Farms will produce the new...

Governor Tells Info Tech Executives to Consider Buffalo, N.Y., for Expansions.
October 13, 2000... Byline: Brian Meyer Oct. 13--High-tech companies in New York City's "Silicon Alley" should take advantage of Buffalo's affordable office space, quality workers and advanced fiber optics when they consider possible expansions, Gov. George...

Buffalo, N.Y.-Based Bank's Profits Rise 10 Percent in Third Quarter.
October 12, 2000... Byline: Chet Bridger Oct. 12--M&T Bank again avoided the credit problems hampering many other banks and posted solid third-quarter earnings growth. M&T Bank Corp., the parent company, Wednesday reported cash net income of $87.8...