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The Better Buffalo Fund will give $7.7 million worth of financial support to 11 projects aimed at revitalizing neighborhoods within the City of Buffalo. The fund, part of Gov. Andrew Cuomo's Buffalo Billion program, supports housing, retail and business projects near public transportation. Lt. Gov. Kathy Hochul on Friday announced the third round of award recipients. …

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William J. Wagner has spent 34 years with Northwest Bank, guiding it to a much bigger presence in the Buffalo Niagara region. Now Wagner, the chairman and CEO of the Warren, Pa.-based bank, is preparing to retire. Ronald J. Seiffert was named the bank's new CEO. Seiffert retains the title of president, a role he has had since joining Northwest last November. Wagne…

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Each day, 40 to 45 milk tanker trucks rumble through Lactalis American Group's gate to make deliveries. That's how much milk it takes to replenish the company's supply of raw material for making cheese. The milk keeps coming, and the South Buffalo plant keeps churning out mozzarella, ricotta, shredded cheese and industrial powders. The plant for years was known as So…

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It's not easy to solve the problems of employers struggling to find the workers they need, and, on the flip side, getting job seekers into good positions. And that's why workforce development remains a top priority for the Buffalo Niagara Partnership. The Partnership is attempting to make an impact, supporting an industry-led coalition called Employ Buffalo Niagara. …

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KeyBank has acquired a digital lending platform for small businesses created by Bolstr. Terms of the deal were not disclosed. KeyBank said the fintech software will allow the bank to provide faster and easier access to both Small Business Administration loans and traditional capital for business owners.

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M&T Insurance Agency has a new president, Kyle Samuel. Samuel, 48, was previously a managing director for USI Insurance Services, where he was responsible for its growth and sales leadership in the greater Washington, D.C., market. Samuel has more than 26 years of insurance industry experience, with his other roles at Wells Fargo Insurance Services, Aon Risk Sol…

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WARSAW — When you're up against big rivals like M&T Bank and KeyBank in the Buffalo market, how can you compete? Five Star Bank controls only a sliver of the deposits in the Buffalo Niagara region, just 0.42 percent, compared to the combined 79 percent controlled by M&T and Key. But the Warsaw-based bank isn't shrinking from the challenge, said Martin K. Birm…

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Sean Doyle was named executive director of the Hamburg Industrial Development Agency, filling a vacancy created when Michael Bartlett died last February. Doyle has 15 years' experience in commercial real estate development and management, with McGuire Development and Jones Lang LaSalle. He will start the position in July. Doyle has a degree in public relations fr…

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If the building in St. Paul, Minn., that a raccoon famously scaled this week looked familiar, there's a reason. https://www.youtube.com/watch?v=204NHOnJ8-g What's now called the UBS Plaza was designed by Skidmore, Owings and Merrill, the same architectural firm responsible for what is today known as One Seneca Tower in Buffalo. The 25-story UBS Plaza was originally k…

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Dr. Michael Edbauer, who was previously considered a candidate for the job of Catholic Health CEO, has left Catholic Health for HealthNow New York, the parent company of BlueCross Blue Shield of Western New York. Edbauer was named to the new role of chief strategy officer. He joins HealthNow New York's senior leadership team as a senior vice president. Catholic Healt…

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David Ledesma has traded life on the Gulf Coast for the Buffalo area. It was a fresh start for both himself and the DuPont plant he leads. Ledesma left OxyChem in Corpus Christi, Texas, to become plant manager at DuPont Yerkes in the Town of Tonawanda, a career move of about 1,700 miles. Ledesma succeeded local native Warren Hoy, who retired in January after serving as …

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Rick Hamister developed an interest in banking at an early age, from his mother. She was an M&T Bank teller in the 1950s at the Southgate Plaza branch in West Seneca. "She talked to me about banking from the time I was little," Hamister said. "I always thought banking was just a noble profession. We take care of communities and individuals and businesses, and that's…

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Motorists traveling the Youngmann Expressway have probably seen Unifrax's name emblazoned on the side of a Town of Tonawanda building. What's less obvious from the highway is how much the manufacturer has expanded lately, to the tune of $67 million in combined investment. Unifrax makes products for vehicles' emissions control devices. On Thursday, the company showcas…

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A new report gives Buffalo and Erie County high marks as a tourism destination, but underscores the Buffalo Niagara Convention Center's shortcomings in drawing events and visitors. The results put more attention on the future of the Franklin Street facility – whether it should be renovated and expanded, or replaced in a new location. That is the subject of a separate st…

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Bank on Buffalo plans to open a temporary branch in Wheatfield in early August. The branch will be the bank's fourth location, and its first in Niagara County. Bank on Buffalo is moving into a former bank branch at 6947 Williams Road, near the former Summit Park Mall. The Wheatfield branch will be a full-service location, and will operate until Bank on Buffalo builds…