The owner of the former machining division of Buffalo Forge has acquired a Lockport light industrial manufacturing facility to house its operation.
Joseph Silva, owner and CEO of Buffalo Machines Inc., paid $310,000 to acquire the 17,612-square-foot facility at 240 Michigan St. in Lockport. The one-story facility, which was constructed in 1950 on 3.3 acres, includes a recent 9,000-square-foot addition, along with two loading docks and one overhead door.
Buffalo Machines is a seven-year-old company that Silva created from the business of the former Buffalo Forge Machine Tool division, where he had worked. The company makes heavy-duty bench and floor drills, vertical and horizontal bending rolls, and both mechanical and hydraulic ironworker machines.
The seller, Garb-El Products Co., is a 67-year-old family-owned business that calls itself the "leader in organic waste management." Founded in 1950, the firm began by making disposal equipment for restaurants, but now makes grinding and processing equipment to keep food scraps out of landfills. Its customers include supermarkets, food processors, fish processors, research facilities and renewable-energy firms.
It remains a tenant in the building on a lease-back arrangement for at least six months, but may decide to relocate at that point, Silva said.