By David Robinson NEWS BUSINESS REPORTER
Updated: 05/11/08 7:08 AM
It was a good to be the boss in 2007. The median compensation for top executives at the Buffalo Niagara region’s publicly traded companies rose almost three times faster than the average worker’s pay, according to a Buffalo News analysis.
The Business Calendar runs each Sunday in the Business section. Notices of meetings, seminars and workshops of interest to the area business community should be sent to the Business News Desk of The Buffalo News, P. O. Box 100, Buffalo, N. Y. 14240, by the preceding Thursday, faxed to 849-4587, or e-mailed to fin@buffnews.com. Monday
Here are the week’s reports of trading in the stocks of local companies or in the companies that have significant local operations, by directors and executives of the companies:
Great Lakes Orthodontics promoted William J. Gertner to vice president of sales and marketing. Formerly director of sales and marketing, Gertner joined the company in 1992 and held positions as sales representative, sales manager, and director of sales. Great Lakes Orthodontics, an employee-owned company located at 200 Cooper Ave., Tonawanda, provides products, laboratory services, and appliance fabrication training to members of the orthodontic, prosthodontic, and general dental professions worldwide.
Delphi Corp.’s executive chairman says the company’s Town of Lockport manufacturing plant needs to keep stressing efficiency in order to maintain its viability.
Mod-Pac Corp. shareholders are getting restless. Really restless. The Buffalo specialty printing company last week reported its ninth straight quarterly loss as it struggles to replace the sales it lost three years ago when its biggest customer, online printed products marketer VistaPrint Ltd., stopped using Mod-Pac for its printing.
By Tom Precious
- NEWS ALBANY BUREAU Updated: 05/10/08 10:04 AM
ALBANY — Business groups across upstate Friday protested Gov. David A. Paterson’s decision to end a year-old system that put the Buffalo-based economic development director for upstate on the same footing as the downstate- based director.
By Jonathan D. Epstein NEWS BUSINESS REPORTER
Updated: 05/10/08 7:03 AM
Bank of America Corp. has opened an innovative new branch at the former home of Pier 1 Imports in the Elmwood Village, replacing an office around the corner that was uprooted so Women & Children’s Hospital of Buffalo could expand its parking.
By Matt Glynn
NEWS BUSINESS REPORTER
Updated: 05/09/08 6:33 AM
The City of Buffalo has completed its acquisition of 185 additional acres of former brownfield property in South Buffalo, expanding its inventory of developable land.
Free trade agreements and their impact are a hot topic on the campaign trail. Count Joe Loughrey, president and chief operating officer of Cummins Inc., as a staunch proponent of the deals’ value.
By Bill Michelmore
- NEWS NIAGARA BUREAU Updated: 05/09/08 9:54 AM
The Buffalo Niagara region is in a perfect location to become a major player in what a leading developer calls the “Northeast super region,” an economic powerhouse stretching from Toronto to New York City to Halifax, Nova Scotia.
By Tom Precious
- NEWS ALBANY BUREAU Updated: 05/09/08 9:53 AM
ALBANY — A Buffalo law firm is paying the state $50,000 to settle an investigation by State Attorney General Andrew Cuomo into what he calls improper employment arrangements that resulted in dozens of school districts across the area getting more state aid than they deserved.
