From today's Business Today section:
- Discount power programs criticized
New York doesn’t get enough return for the half billion dollars in power discounts it provides companies across the state, and the program that provides dirt-cheap hydropower to some 130 industries in Western New York is particularly ineffective, a study being released today shows.
The study, by the Citizens Budget Commission, found fault with all nine discount power programs managed by the New York Power Authority and calls for their wholesale elimination in favor of an initiative managed by the Empire State Development Corp. that would target high-tech, clean-tech and other emerging industries.
[See also: Outrages & Insights.]
- Northtown Auto plans luxury retail hub in Clarence
Northtown Automotive is working on a “destination” hub to sell three luxury car brands on Main Street in Clarence. By the end of the year, Northtown plans to have its Volvo, Porsche and Land Rover franchises under one roof, inside a facility that will be renovated and expanded.
-- George Pyle/The Buffalo News