Business/Economy

The WBFO Business & Economy News Desk is funded by The M&T Charitable Foundation.

Cuomo plan links SUNY tax-free zones with new business

May 22, 2013
Ashley Hassett / WBFO News

Governor Andrew Cuomo outlined a plan while visiting the University at Buffalo campus Wednesday to encourage new businesses to locate near SUNY campuses. The initiative called “Tax Free NY” would allow businesses to operate without paying income, sales, property, or business taxes for ten years.

Toy maker Fisher-Price says it's moving or eliminating roughly 100 jobs from its New York operations.

Photo from Google Street view

A brand new business is set to open up along the Elmwood strip in Buffalo. WBFO'S Eileen Buckley says White Rabbit Frozen Yogurt will open in June in the Elmwood Village.

WBFO News file photo

Governor Andrew Cuomo is spending millions more dollars on tourism and the man in charge of tourism in Niagara County says that's great news.

Program aims to boost entrepreneurship in region

May 8, 2013
AGmakonts

The SUNY Research Foundation is funding several institutions of higher education, including five in upstate. The funds will be used to foster entrepreneurship across New York State.

Photo from Bass Pro Shops Website

Bass Pro is coming.  No, really. Bass Pro is coming across the border to Niagara-On-The-Lake, Ontario.

WBFO News photos by Eileen Buckley

The buzz of construction can be heard in parts of downtown Buffalo as major economic development kicks into high gear. The Mayor promises the city's future is on the rise.

Regional Council investing in manufacturing sector

May 2, 2013
Ashley Hassett / WBFO

The Western New York Regional Economic Development Council says it will invest some of the 'Buffalo Billion' funds in the state budget into addressing the shortage of workers in the advanced manufacturing sector.

Ashley Hassett / WBFO

The Maid of the Mist tour boats have been working out of the American side of Niagara Falls for 167 years. Development has just resumed on the operation’s new maintenance dock, after delays caused by local opposition.

Genesee Gateway growth

Apr 30, 2013
WBFO News photo by Mike Desmond

There has been enough development in downtown Buffalo that projects are starting to feed off each other. 

A major effort is underway to entice the Buffalo Bills to build a brand new stadium on the city's waterfront. In this week's Press Pass conversation, WBFO'S Eileen Buckley and Buffalo News reporter Brian Meyer discuss the proposal that calls for a year-round facility featuring a retractable roof. But land ownership needs to be cleared as a first hurdle for such a project.

WBFO News file photo

Empire State Development approved funding for two upstate food and agriculture related measures in their meeting Friday.

visitbuffaloniagara.com

The Buffalo Niagara Partnership, the region's business advocacy group, has named Dottie Gallagher-Cohen as its next president.

WBFO News by photo Mike Desmond

American manufacturing is doing better and production is moving on-shore from off-shore, but problems remain.  The topic was addressed Monday night at a town hall style meeting held in downtown Buffalo.

Photo from Alliance for American Manufacturing Web video

Rebuilding the manufacturing base and creating jobs in western New York is the focus of a town hall meeting being held in downtown Buffalo Monday night.

Photo from Seth Godin's Website

Seth Godin may be a marketer, a best-selling author, public intellectual and founder of successful web sites, but when asked for a description, he came up with "ruckus-maker."

Rich Products is expanding a previous recall of its Farm Rich and Market Day brands to cover all products manufactured by its plant in Waycross, Georgia.

Not only are shoppers from southern Ontario a familiar sight in western New York, recently there has been a growing list of Canadian companies moving to the region, as well.

The internet company Yahoo! has announced plans to expand its Lockport operation by adding a second data center and a call center.

Photo provided by SLR Contracting

A Buffalo woman has grown her business into a multimillion dollar company. Sundra Ryce is president and CEO of SLR Contracting on Michigan Avenue. 

WBFO News file photo

Sunday's Buffalo News features its annual leadership survey.  The News lists 25 local figures as the top leaders of our community.  Topping the survey results is businessman Howard Zemsky. 

Photo from Elmwood Village Association Website

The Elmwood Village remains a thriving and bustling commercial district in City of Buffalo. WBFO's Eileen Buckley and Buffalo News reporter Brian Meyer explore the successful of the Elmwood strip and what changes could be in store in this week's edition of Press Pass.

Sabres & city finalize purchase of Webster Block

Mar 8, 2013
File photo

The Buffalo Sabres and City of Buffalo have finalized the $2.2 million land sale of the Webster Block in downtown Buffalo, paving the way for the major HARBORcenter development.

WBFO News by photo Mike Desmond

The Buffalo Common Council's Legislation Committee on Tuesday approved requests for two new sidewalk cafes along Hertel Avenue. The committee also cleared the way for construction of a restaurant and apartment on Bailey Avenue. 

HealthNow CEO plans to retire

Feb 25, 2013
Photo provided by HealthNow New York

The President and CEO of HealthNow New York has announced he is making plans to retire. Alphonso O’Neil-White has held the position for 10 years, longer than any CEO in the 76-year history of the health insurer.  

HARBORcenter project passes three key tests

Feb 20, 2013

Sabres owner Terry Pegula's ambitious HARBORcenter project in downtown Buffalo received three major votes of approval Tuesday.

Scientists cleaning up nuclear waste sites in West Valley, South Carolina and the state of Washington have a process that turns the waste into glass logs and they all use a substance produced in a Jamestown plant.

City lawmakers are taking steps to crack down on so-called "problem stores" in Buffalo.

A deteriorating and vacant building in a high-visibility location in Niagara Falls may soon be a luxury hotel.

Chris Caya/WBFO News

If approved, shovels could be in the ground March 1 for the new HARBORcenter on the Webster Block in downtown Buffalo.

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