David Robinson - The Buffalo News

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David Robinson

David Robinson is the deputy business editor for The News, where has worked since graduating from Syracuse University in 1985. A New Hampshire native, he started out in the News' Tonawanda bureau and moved into the business news department in October 1987, exactly a week after the stock market crash.


Developer Nick Sinatra’s $15.3 million plan to convert part of the Pierce Arrow complex into 72 apartments was granted $615,000 in tax breaks Wednesday by the Erie County Industrial Development Agency. The project would convert a 95,000-square-foot section of warehouse within the complex at 157 Great Arrow Ave. into one- and two-bedroom apartments. The project also wi…

Business

A spike in claims in Computer Task Group's self-insured health insurance plan for its employees wiped out nearly all of the Buffalo information technology company's profits during the third quarter. The spike in claims, which caught CTG executives by surprise, caused the company to roughly break even during the quarter, rather than report earnings that would have been c…

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Graham Corp. shares tumbled by 9 percent on Wednesday after the Batavia heat transfer equipment maker said it broke even during the second quarter as weakness in its power generation and refining markets led to an 18 percent drop in sales. In response, Graham said it cut its workforce by 6 percent during the quarter, eliminating a total of 18 jobs, including nine at the…

Business

Just five days after reporting that the Buffalo Niagara job market had its worst month for job growth in seven years during September, the state Labor Department said the local unemployment rate fell to a 10-year low of 4.9 percent last month. The two very different reports – one bleak, the other encouraging – were a sign of the cross-currents that are rippling thro…

Business

The Buffalo Niagara job market laid an egg in September. While job growth has slowed to a crawl for most of this year, hiring turned negative in September, with the region losing 3,500 jobs from September 2016 to September 2017, according to new data released Thursday by the state Labor Department. It was the worst job loss for any month over the past 7 1/2 years, da…

Business

As cities across the country make their pitch to lure Amazon's coveted second headquarters, Western New York development officials are betting the region's lower costs and solid quality of life can outweigh the growth and glitz of bigger markets. With a joint proposal for the Buffalo and Rochester markets set to arrive at Amazon's Seattle headquarters today, local devel…

Business

State energy officials are backing a $181 million plan to build a power transmission project that would run between Elma and Royalton. The nonprofit corporation that operates the state's power grid on Tuesday gave its backing to a proposed power transmission upgrade that would allow New York to fully capitalize on the power-generating capacity of the Niagara Power Proje…

Montante Solar has finished work on one of the first community solar energy projects in Western New York. The 99-kilowatt solar array at the Riverview Solar Technology Park in Tonawanda is made up of 360 solar panels mounted on the roof of one of the park's buildings, at 600 Riverwalk Parkway. Community solar projects allow residents or businesses that can't install …

Business

If you combine one long-shot bid for the coveted second Amazon headquarters with another long-shot bid, does that make the odds of winning all that much better? Development officials in Buffalo and Rochester, after candidly assessing their meager chances of luring Amazon and potentially 50,000 jobs to one of the cities, said Thursday they have agreed to work together in…

Business

Buffalo and Rochester will team up in the pursuit of a second headquarters for Amazon that eventually could employ as many as 50,000 people. The two development agencies that are heading the pursuit of Amazon in the two cities – Invest Buffalo Niagara and Greater Rochester Enterprise – said Thursday they have agreed to work together in a joint bid to lure Amazon to …

Business

A rebound in its Asian construction markets helped Taylor Devices boost its first-quarter profits by 44 percent, the North Tonawanda shock absorber manufacturer said Thursday. The company's sales grew by 14 percent to $6.6 million during the quarter that ended in August, compared with $5.8 million a year earlier, as its revenue from Asian projects rose by 30 percent. Sa…

Business

22nd Century Group, the fledgling Clarence company that is working on ways to raise and lower levels of nicotine in cigarettes, has stabilized its financial future with a significant stock sale. The company said Monday that it had raised more than $50 million by selling a big block of new stock to institutional investors. The money that 22nd Century raised through th…

Business

Minutes after her company won the $1 million grand prize in Thursday's 43North business plan competition, Bethany Deshpande wanted to make one thing clear: She and SomaDetect have no plans to just spend their required year in Buffalo and then pack up their dairy production device business and head back home to New Brunswick. She - and SomaDetect - intend to stick around…

Business

By upstate New York standards, the Buffalo Niagara economy is red hot. By national standards, it's lukewarm at best. New federal data shows that the value of all goods and services produced within the Buffalo Niagara economy last year grew more than twice as fast as it did during 2015. The growth last year was faster than it had been in all but one of the last six ye…

Business

The first thing Bethany Deshpande did after her company - Canadian dairy processing product maker SomaDetect - won the $1 million grand prize in the 43North business plan competition Thursday night was call her father. After all, it was her father's patented invention, which uses light-scattering technology to help dairy farmers detect impurities in their milk or sickne…