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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.


Business

The Buffalo Niagara economy still has its upbeat buzz. There’s optimism because 2017 saw many of the big projects the region has been counting on to boost its long-sagging economy — from the new University at Buffalo medical school and the new Oishei Children’s Hospital to the start of production at the Tesla solar panel factory — finally open for business. The local jo…

Business

In an industry where banks gobble each other up like Pac-Man, M&T Bank seems to be in a secure place — even after the death of CEO Bob Wilmers. http://buffalonews.com/2017/12/17/mt-chairman-wilmers-has-died/ The bank is on solid financial footing after investing heavily in recent years to shore up its systems to detect money laundering and riding out a ban by fed…

Business

Robert G. Wilmers was much more than the Buffalo Niagara region's biggest banker. Wilmers, who died unexpectedly Saturday night, was a unifying force for the region's business community at a time when it was scattered and weakened by self-interest. As chairman and CEO of M&T Bank, Wilmers, 83, was one of the first to see the potential in the Buffalo Niagara regio…

Business

The U.S. residential solar market has a Tesla problem. After more than a decade of double-digit growth, the nation is expected to install fewer rooftop solar systems on homes during 2017, according to a new report by GTM Research. And Tesla, the electric vehicle maker that is ramping up a mammoth solar panel factory in South Buffalo, is the biggest reason behind the …

Business

Ecology & Environment's first-quarter profits fell by 40 percent as a slowdown in its U.S. environmental services work offset a rebound in its South American business. The Lancaster environmental services firm said its profits fell to $533,000, or 12 cents per share, during the quarter that ended in October, down from $888,000, or 21 cents per share, a year earlier.…

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Rand Capital Corp. has invested another $1.5 million in a Maine information technology company, Tilson Technology Management. The Buffalo venture capital firm, which had invested in Tilson during two previous rounds of fundraising, now has invested a total of $2.5 million in the technology company, which does work in network deployment for cellular carriers and provides…

Business

More than 25 Buffalo Niagara employers are expected to attend a career fair from 11 a.m. to 1 p.m. Thursday at RiverWorks in Buffalo. The career fair, hosted by Bryant & Stratton College, is free. The event will occupy the main floor indoors at RiverWorks, located at 359 Ganson St.

Business

Taylor Devices has won a $3.2 million contract to provide dampers that will be used to help protect a hospital in San Bernardino, Calif., from damage during earthquakes. The contract calls for Taylor Devices to provide 108 large dampers that will be installed in an external steel exoskeleton built around the outside of the building. The dampers will help protect the San…

Business

A solid Buffalo Niagara economy isn't making us much richer. In fact, we're essentially treading water. Our incomes last year grew a little last year – 2 percent to be exact. But that just kept pace with inflation. If you factor in rising consumer prices, the purchasing power of our incomes didn't change a bit, according to new federal data on personal incomes. …

Business

Cory Chapman, who just moved back to Lancaster from Arizona, is hoping he can find the production job he’s seeking at Panasonic. “I’ve been applying at a lot of places,” Chapman said, as he waited for the start of Panasonic’s career fair Wednesday evening at the Buffalo Niagara Convention Center. Panasonic, which is starting production workers at $14 to $18 an hour d…

Business

Panasonic hopes to have slightly more than 300 people working by the end of the year at its portion of the Tesla solar panel factory. The company, which began making solar modules at the sprawling RiverBend factory in late summer, is getting ready to expand its production to include solar cells in the coming months, a spokesman said. Each solar module is a grouping of s…

Business

HarkerBio is getting a $500,000 low-interest loan from the Buffalo and Erie County Regional Development Corp. to help the pharmaceutical contract research firm expand its services and add 16 new employees over the next three years. HarkerBio, which grew out of technology developed at Hauptman-Woodward Institute on the Buffalo Niagara Medical Campus, is broadening its co…

Buffalo Forklift plans to nearly double its local workforce under a $5.7 million expansion that will allow the company to consolidate its local  sales and refurbishing center  in Amherst. The Clarence company, which has grown to nearly $20 million in annual sales since its founding in 2007, refurbishes and sells used forklifts and excavators. The expansion project will …

Business

Nearly five months after Uber's long-awaited and hotly contested launch in upstate New York, the ridesharing service still is settling into the Buffalo Niagara region. Sarfraz Maredia,Uber's general manager for its northeast region, recently visited Buffalo to meet with drivers and check in on the company's Buffalo operations. Q: It's been five months since Uber came…

Business

The Buffalo Niagara unemployment rate fell to 4.8 percent in October - its lowest level since May - as a tight labor market pushed the number of jobless workers close to a 17-year low. The drop in the unemployment rate, which inched down from 4.9 percent in October 2016, is a sign that the Buffalo Niagara labor market remains robust, even with a report last week indicat…