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Buffalo Business Report - Wednesday, February 6th 2013



The Fort Erie Live Racing Consortium appears to have found a way to continue operations this year.  Business First reports a deal has been cut with landlord Nordic Gaming to cut rent payments from $650,000 to $395,000.  An Ontario provincial panel must still agree that the cost-cutting move makes the track viable.  A decision on that needs to come before March 31st in order for the racing schedule to be set.   

M&T Bank is offering an on-line service that can manage payroll information and processing for small businesses with one to one hundred employees.  There is a monthly fee of $54.99 for up to ten employees.

Advanced Monolythic Ceramics of Olean has announced it will cease operations. The move impacts 65 workers.  The plant will close August 31st.

Astronics Corporation reported a net income rise of three cents from last year's fourth quarter, to thirty-seven cents per share.  Sales increased by $6.3 million over the same period.

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Topics : Business_Finance
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Locations : BuffaloOntario
People : Nordic Gaming
Since Terry Pegula asked, what has Darcy done wrong?
  missed playoffs last two years
  too loyal to his players
  no extensive coach search
  too much money too early for Myers
 
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