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Community Bank System plans to close three Steuben Trust branches as the two banks merge, but Steuben Trust's Clarence branch will not be among those affected. Steuben Trust branches in Alfred, Bolivar and Geneseo are set to close and be combined with nearby Community Bank locations. Community Bank hopes to complete its $107 million deal for Steuben Trust and rebrand it…

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By midyear, M&T Bank plans to have 1,000 employees working at the "tech hub" it is creating inside Seneca One tower. While renovations continue, the bank is giving a glimpse of what to expect. The bank released renderings of what the redeveloped office and common areas will look like. M&T will fill 11 floors in the tower of the complex, plus two floors on the…

Business

The Buffalo Catholic Diocese is expected to file for Chapter 11 bankruptcy in the near future, due to its dire financial situation stemming from a slew of sexual abuse lawsuits. But if the diocese takes that step, Catholic Health – one of the region's largest health care systems – would not be impacted, Catholic Health leaders say. "Catholic Health institutions have …

Business

Garrett Leather's products end up in luxurious settings, from private jets and automobiles, to hotels and even the White House. Everything traces back to a modest-looking plant in Cheektowaga, where the family-owned business moved a few years ago to accommodate its growth. Max Brown, the president, is carrying on the tradition that his father, Cameron, started when he f…

Business

West Herr Automotive Group has bought Towne Automotive's Lincoln dealership, and plans to build a new facility for the brand in Getzville. Terms of the deal were not announced. The purchase makes West Herr the only Lincoln dealer in the Buffalo Niagara region. Towne operated its Lincoln dealership at 3535 Southwestern Blvd. in Orchard Park, while West Herr's is at 26…

Trove, a predictive data science company based in Buffalo, has been acquired by E Source, for an undisclosed amount. E Source, based in Boulder, Colo., said it plans to make Buffalo the hub of its expanding data science software practice. E Source said it plans no staffing cuts at Trove, which provides services to utilities, and hopes to grow those operations. Trove has…

Business

Fifty companies with 400 jobs openings will participate in 43North's "Jobcade" job fair, from 3 to 6 p.m. Feb. 19. The second annual Jobcade will be held at RiverWorks, 359 Ganson St. The participating companies are from the startup, emerging business and tech worlds. The event is free, with no registration required.

Business

Parminder Devsi was astonished last October when not one, but two Uber drivers recognized him after his Seattle startup won $500,000 in the state's 43North business plan competition. "You have thousands of people show up," Devsi said recently about the event at Shea's Performing Arts Center. "It's like a rock star concert for geeks." Devsi and six other prize winners…

EBC HR and Payroll Solutions has acquired ComputerSearch Corp., creating a company with a combined 60 employees. ComputerSearch, founded in 1967, is an Amherst-based payroll processing and time-management company, offering payroll services, time and attendance and parking control systems to more than 3,000 area clients. EBC, based in Buffalo, was founded in 2004, and…

Amherst

American Steamship Co., an Amherst-based operator of Great Lakes vessels, is being sold for $260 million. Rand Logistics, an affiliate of private equity firm American Industrial Partners, agreed to buy American Steamship from GATX Corp. “As a leading operator of self-unloading vessels on the Great Lakes, (American Steamship Co.) has been a strong contributor for GATX…

Business

Rich Products, the $4 billion food products company based in Buffalo, is getting even bigger. Rich Products is buying: • Two manufacturing plants from TreeHouse Foods that specialize in baked artisan breads and rolls, and fully finished cakes for in-store retail bakeries and food service. • Rizzuto Foods, a Spokane, Wash.-based maker of pizza products and gluten-f…

Business

Ford Motor Co.'s Woodlawn stamping plant has undergone a leadership change. David Buzo – who served as the plant manager for nearly 15 years – has retired from Ford. His replacement is Scott Zelie. Ford's stamped parts facility on Route 5 is one of the region's largest manufacturers – with about 1,000 hourly and salaried employees. Last fall, Ford and the Unite…

Business

For the fourth straight year, the Buffalo Marriott at LECOM HarborCenter was ranked No. 1 in customer satisfaction among 366 full-service Marriotts in North America. The rankings were based on customer satisfaction surveys, including overall satisfaction, intent to recommend, staff service, restaurant food quality and food and beverage satisfaction. About 1,600 of the M…

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Workers at LVD Strippit in Akron have ratified a new deal, ending a strike that began Monday. The 36 workers, represented by the International Association of Machinists and Aerospace Workers, on Thursday ratified a three-year agreement. They are set to return to their jobs on Monday at the company, which makes metal-cutting machines. "We're just happy that it got don…

Business

JPMorgan Chase has invested $300,000 in a new Launch New York program aimed at expanding access to mentorship and equity capital for underserved and underrepresented entrepreneurs. The investment supports Launch New York's "Founders Go Big" program, which in its pilot version is focused on minority and female entrepreneurs in low-income areas. Launch New York provide…