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Moog Inc. has agreed to buy a Czech Republic company for $65 million. Moog plans to acquire VUES, which designs and makes customized electric motors and generators. The company generated 2017 sales of about $37 million. "This business aligns with our core business model of delivering a competitive advantage to our customers by providing custom motion control solution…

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Last June, hourly workers at Wendt Corp.'s manufacturing plant in Cheektowaga voted in favor of union representation. Seven months later, they're still trying to complete the next step: agreement on a first contract. The process hasn't been smooth, and reflects the friction that can arise in talks between a union and an employer for a first labor deal. The workers, r…

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The Aurubis Buffalo plant on Military Road could change hands. Its parent company, Germany-based Aurubis AG, said it is in "advanced talks" to sell its flat rolled products segment, which includes the North Buffalo brass and copper products plant. Aurubis and Wieland-Werke AG, also based in Germany, have signed a term sheet covering elements of a possible sale. "A…

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Abdul S. Labi launched Precision Electro Minerals in Niagara Falls in 1987, in a city where he had once worked as a Carborundum manager. Now Labi is preparing to close the Portage Road business in April, citing higher energy and worker's compensation costs as key reasons. The company, also known as PEMCO, employs 15 full-time workers, plus some part time employees. P…

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The Buffalo Auto Show is rolling into town, with dealers eager to convert visitors' curiosity into sales. The annual showcase of new cars and trucks runs Feb. 8 through 11 at the Buffalo Niagara Convention Center. Nearly 300 vehicles will be displayed, but the true impact may be felt away from the event. Auto manufacturers allocate post-show incentives at showrooms to s…

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Amherst-based United Auto Workers Region 9 has a new director. Jeff Binz, who lives in Burlington, N.J., was elected at a special convention. He fills a vacancy created when Terry Dittes was elevated to UAW vice president earlier this month. Region 9 covers Western and Central New York, New Jersey and most of Pennsylvania, which encompasses more than 20,000 active UAW m…

Amherst

From the revival of a shopping center in Amherst to the reopening of a former retreat for the Catholic Diocese of Buffalo in Evans, from a new community gathering space in West Seneca to manufacturing expansions in the Town of Tonawanda, 2018 will see significant development in Buffalo’s suburbs and in Niagara County. Here are some of the major development proposals and p…

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Manufacturers in the Buffalo Niagara region are facing a labor shortage. But they’re not just wringing their hands about it. As many of their older, experienced manufacturing workers head toward retirement, manufacturers say they don’t see enough younger people coming along with the right skills to take their place. They call it the “gray tsunami,” and say if the proble…

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Higher U.S. defense spending could boost Moog Inc., in what the company already expects to be a solid year. "There's more and more talk about, the U.S. has to increase the military budget," said John Scannell, chairman and CEO of the Elma-based aerospace manufacturer. "We think it's also going to be a positive in the long term." In the past, when the federal governme…

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Moog Inc. took a big tax hit in the first quarter, but expects the federal tax overhaul to benefit the company in the long run. As a result, the Elma aerospace company recorded first-quarter profits of only $1.3 million. Moog's profits of $47.8 million were mostly offset by $46.5 million in income taxes. A year ago, Moog reported profits of $30.6 million, after recordin…

Business

Big business tends to grab the headlines. Amazon has sparked a fervor over the competition for a second headquarters with 50,000 jobs. Apple turned heads with its pledge to create 20,000 U.S. jobs in the next five years. Small businesses trudge along with less fanfare, but still create most of the jobs in this country. Those smaller employers took a turn in the spotligh…

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Steve Finch, who retired last month as head of the General Motors' Town of Tonawanda engine plant, has a new job: senior vice president of automotive services for AAA of Western and Central New York. Finch has served on the automotive group's board of directors since 2011 and has been chairman of the board's automotive committee for several years. He will transition fro…

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Ford Motor Co.'s 2017 profits will hit home for hourly workers at its Woodlawn stamping plant who are represented by the United Auto Workers. The plant makes stamped parts for a wide array of vehicles, including for production at the nearby assembly plant in Oakville, Ont. Ford will distribute profit-sharing checks averaging $7,500 to more than 54,000 UAW-represented ho…

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Athenex Inc. and real estate developer Casilio Cos. are seeking a package of county tax breaks to support a planned expansion of the drugmaker's Newstead manufacturing facility so it can continue to make small-batch medications. Buffalo-based Athenex wants to build an 8,000-square-foot addition to the current 18,500-square-foot production plant at 11342 Main St., which …

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Late last year, Ram Ramanujam and his wife were preparing to visit Niagara Falls to celebrate their 25th wedding anniversary. Just before they left for the trip, he learned his employer, General Motors, was transferring him here from Michigan. It wasn't just any assignment. Ramanujam was named the plant manager of GM's Town of Tonawanda engine plant, a vital piece of…