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BUFFALO STOCK INDEX RISES

Buffalo stocks rose for the week, led by Columbus McKinnon Corp.

The Buffalo Bloomberg Stock Index rose 2.64, or 1.2 percent, to 214.73. Thirty-one stocks rose, 22 fell and two were unchanged. The index has fallen 6.6 percent in the past year.

Amherst-based Columbus McKinnon, which makes cranes, hoists and other industrial equipment, rose $1.39, or 14 percent, to $11.28.

Cummins Inc., the world's largest maker of high-powered diesel engines, also rose, gaining $7.44, or 12 percent, to $71.29 after boosting its earnings forecast for 2005.

Buffalo-based Mod-Pac Corp., which makes and prints packaging, was among the index's leading decliners, falling $1.50, or 11 percent, to $12.05 after signing a new supply agreement with its largest customer, VistaPrint Ltd.

North Tonawanda-based Taylor Devices, which makes shock absorbers for machinery, also fell, losing 29 cents, or 9.7 percent, to $2.71.

The Buffalo Bloomberg Stock Index reached a 52-week high of 231.18 on Dec. 31, and its 52-week low of 190.26 was on May 17.

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