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Caplugs, a North Buffalo maker of plastic components, is expanding into Europe through an acquisition. Caplugs bought LoVen Special Products, a vinyl dip molder based in the Netherlands, with 17 employees. Terms were not disclosed. Caplugs has 343 employees in Buffalo among 1,647 at its operations worldwide. The company makes plastic components for a variety of indus…

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Tesla Inc. this week pulled back the curtain on its solar products factory in South Buffalo, and revealed that the plant's employment has grown to 800 people. Tesla invited members of the local media for a tour of the RiverBend gigafactory, which makes solar roofing tiles. The 1.2 million-square-foot plant was a highly publicized economic development project, part of Go…

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KeyBank spent a long time deciding where to open another branch on the East Side. Its search has culminated at the northeast corner of East Delavan Avenue and Grider Street, at a shuttered Rite Aid. KeyBank plans to transform part of the vacant building into a branch that will open next spring, pending regulators' approvals. Key officials said the neighborhood the ba…

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Astronics has agreed to sell its semiconductor test business to Advantest Corp. for $185 million, but will continue to manufacture the technology for Advantest, which is headquartered in Japan. Astronics, an East Aurora aerospace equipment maker, acquired the product line in 2014, and it has since generated about $365 million in revenue through the company's third quart…

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Robert Miller Jr. guided the Evans Agency's growth over the past 18 years. Now Miller, 62, is preparing to retire as president of the insurance agency, which is a subsidiary of Evans Bancorp. Miller will transition to CEO of the agency effective Dec. 1, and then retire March 29. He will serve the remainder of his term on Evans Bank's board of directors, which expires in…

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The Buffalo Niagara Convention Center on Thursday will turn into a simulated stock market for more than 550 students. The students, from 33 area high schools, will compete in the 10th annual Junior Achievement Stock Market Challenge. The student teams apply what they have learned in the classroom to simulated stock market trading. Each team starts with an imaginary $…

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Erie County Medical Center and Kaleida Health officials will hold a grand opening on Wednesday for the ECMC Center for Dental Care at Buffalo General Medical Center on High Street. The center is a general dentistry extension clinic that is designed to improve access and respond to a dental health professional shortage in that area of the city.

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KeyBank chairman and CEO Beth E. Mooney recently met in Amherst with about 45 employees from across the bank's territory and inviting them to ask her anything. Mooney likes offering that opportunity to employees as part of a Key leadership development program labeled "Leading to Win." Key uses the program to encourage collaboration among employees across the bank – some…

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For Chick-fil-A fans, the wait is nearly over. The chain has declared Nov. 29 the opening date for its restaurant at 1753 Walden Ave. in Cheektowaga. This will be Chick-fil-A's first location in the Buffalo Niagara region. Seemingly everything about its local debut – from exactly where the restaurant would be built, to when it would open for business – has been close…

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Launch New York has received two grants totaling $150,000 from New York State Electric and Gas, and Rochester Gas and Electric. The grants will build upon existing business mentoring programs in Launch New York's Emerging Cleantech Opportunity Incubator, as well as support development of an online investor network to connect entrepreneurs and potential backers. The i…

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Buffalo entrepreneurs have a shot at winning up to $5,000 in a KeyBank business pitch competition. The entry deadline for the KeyBank Business Boost and Build program, which has a total prize package of $11,500, is noon Thursday. Pitch applicants must be at least 21 years old; reside or own a business in the City of Buffalo; and have owned a business for at least six mo…

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When workers run into unexpected expenses — like car repairs or emergency medical costs — the impact can affect their job performance or even prevent them from getting to work, putting their employment at risk. A newly launched program, called Work/Life Solutions, at the United Way of Buffalo and Erie County aims to prevent employees' non-work issues from creating obsta…

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Astronics' third-quarter profits soared to $17 million, despite struggles in three of its aerospace businesses. The East Aurora aerospace equipment maker's net income soared 181 percent from $6 million a year earlier. The company's profits were "aided by a significant tax benefit resulting from a change in state tax treatment," said Peter Gundermann, Astronics' presiden…

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Moog Inc. sees strong results coming next year. The Elma-based maker of motion control equipment recently wrapped up its 2018 fiscal year, and on Friday it provided an outlook for its 2019 results. Moog forecasts a 6 percent increase in sales, to $2.9 billion, and full-year earnings per share of $5.25. Moog expects growth from across its businesses – aircraft control…

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Cockaigne Resort says it's not giving up. The Chautauqua County resort this week broke the news that it wouldn't open for the upcoming ski and snowboard season after all. The decision was a setback for the new owners, who were preparing for a comeback seven years after a fire led to the resort's shutdown. Cockaigne's new owners, led by Rex Butcher, said they were una…