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National pharmaceutical company, Dairy Queen franchise win local grants

The City of Niagara Falls' NFC Development Corp. has approved $100,000 grants to a national pharmaceutical sales company and a locally owned Dairy Queen.

KeySource USA, a pharmaceutical distributor, will move its national headquarters from Cincinnati to Niagara Falls through a $426,000 renovation of space in the Power City Building on Old Falls Street, NFC Executive Director Anthony Vilardo said. Eighteen new jobs are to be created in the first year, with future growth possible.

"Being able to land KeySource, a national pharmaceutical company, which will be bringing white-collar jobs to downtown Niagara Falls, is a huge win," Mayor Paul A. Dyster said.

The other grant went to Mike's DQ Grill & Chill, 2432 Niagara St., owned by Michael and Colleen Palmeri since they bought it from Palmeri's father in 1983. They plan a $1.5 million expansion, with the creation of 17 new jobs, six full-time and 11 part-time.

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