Share this article

print logo

Matt Glynn

Matt Glynn has been a business reporter with The Buffalo News since 2000. He is a native of Youngstown and lives in Buffalo.


Business

Baxter International will cut nearly one-third of its workforce at its Orleans County plant. The health care products giant will cut 131 of 421 jobs at the Medina location, according to a notice filed with the state Department of Labor. The cuts are expected to start Dec. 2 and wrap up in the first quarter of 2019. Baxter said it is moving maintenance and repair of i…

Bills

The Buffalo Bills' regular season is nearly here. But maybe you don't feel ready for it until you own a game-used football, padding from a goalpost at the stadium, or a piece of turf cut from the field. If that sounds like you, you're in luck. Cash Realty & Auctions is about to conduct a Bills surplus auction, selling items from New Era Field and the ADPRO Sports…

Business

National Grid will provide a $250,000 economic development grant to support Launch New York's new Emerging Cleantech Opportunity Incubator on the Buffalo Niagara Medical Campus. The funds will support mentoring to cleantech startups and early stage companies in areas including product development, intellectual property, market research and funding. Launch New York is…

Business

Steuben Trust on Monday opened its first branch in Erie County, as the Steuben County-based bank tries to make greater inroads in the Buffalo Niagara region. Its new branch, at 8503 Main St. in Clarence, is a renovated former First Niagara Bank branch. That location, at Harris Hill Road, closed in October 2016, in the wake of KeyBank's acquisition of First Niagara. Steu…

Business

Jon M. Williams pictures a future with construction equipment operating quietly and cleanly on job sites. Now he has to persuade the companies that make equipment like excavators to buy into his "Green Machine" concept, powered by lithium-ion batteries instead of diesel fuel. If Williams succeeds, a former auto parts plant on the East Side will be the hub for produci…

Business

Roswell Park Comprehensive Cancer Center was ranked No. 30 on a U.S. News and World Report ranking of the top cancer centers in the nation. Roswell Park moved up three spots from the year before, on the publication's list of the top 50 hospitals for cancer. U.S. News assessed factors including hospital volume and nurse staffing in comparing data from 889 eligible cancer…

Business

General Motors' Town of Tonawanda engine plant celebrated its 80th anniversary by donating $80,000 to seven area charities, on behalf of GM Community Giving. GM Tonawanda plant director Ram Ramanujam and UAW Local 774 shop chairman Chuck Herr presented grants to organizations that support STEM, families and the environment. United Way of Buffalo and Erie County recei…

Business

At 100 years old, George Nash has sharp memories of coming to work at what is now called General Motors' Town of Tonawanda engine plant the year it opened, in 1938. Nash was back at his old workplace on Friday, a living link to the plant's origins as GM Tonawanda celebrated its 80th anniversary. The plant welcomed employees, their families and retirees for tours. But no…

Business

The most popular size for a Buffalo Games jigsaw puzzle is 1,000 pieces. For avid puzzlers, the puzzles with fewer pieces probably aren't challenging enough. On the other hand, 2,000-piece puzzles require a lot of space to assemble and about 30 hours to complete. So 1,000-piece puzzles are a sweet spot. Buffalo Games ought to know the nuances. The company sells about…

Business

Bak USA was named a finalist in an MIT competition, with a shot at winning $20,000 and perhaps even more. The Buffalo-based maker of computer tablets is one of 12 finalists in the 2018 North American MIT Inclusive Innovation Challenge, on Sept. 27 in Detroit. The competition awards prizes to entrepreneurs using technology "to reinvent the future of work." Eight of th…

Business

Three of the main health insurers serving the Buffalo Niagara region will raise their average rates for individual plans by 0.6 percent to 13.7 percent in 2019, while a fourth insurer will reduce its rate. The state Department of Financial Services approved the changes after reviewing the carriers' requests for next year's rates. The changes do not apply to individuals …

Business

M&T Bank liked what it saw in Rene F. Jones and Richard S. Gold when the bank hired them years ago. Little did the two of them know where that opportunity would take them. Both Jones and Gold were recruited through M&T's Executive Associate program, which hires and develops MBAs who have some work experience. Gold started with M&T 1989, and Jones in 1992, an…

Business

Remember certificates of deposit? It's been a while since CDs were attractive to consumers as an option for stashing their cash, due to persistently low interest rates. But as interest rates slowly creep up, they are back in the picture lately, with banks playing up their offers. Rates on CDs are better than they have been in a while, a ripple effect of the Federa…

Business

Bank of America will renovate its location at 4049 Seneca St. in West Seneca, starting Aug. 14. The project will include a refreshed ATM, new paint and carpeting, customer Wi-Fi and new furniture. The project should be completed at the end of October.

Business

Bank of America is preparing to close another area branch, this time in the Town of Hamburg. The bank will shut its location at Southwestern Boulevard and Rogers Road on Nov. 6, according to the bank's website. Bank of America has another branch in the village of Hamburg, at 43 Main St. The Southwestern Boulevard location, which the bank leases, sits at the front of …