Positive Buffalo Area News
Positive Buffalo Area News
August 8, 2007
Did You Know?
By Paul Wolf, Esq.
*Per capita income is growing more rapidly in Western New York than in any other Upstate markets, according to a report released by the U.S. Bureau of Economic Analysis. Per capita income in the Buffalo Niagara Falls metro area grew by 5.1% between 2005-2006, compared to Rochester and Albany at 4.9% and Syracuse at 4.8%.
*Synacor Inc. a Buffalo based vendor of online services is proposing a stock offering to raise an estimated $86 million to fund growth. The company, which currently has 163 employees, builds and runs web “portals”, customer sign-in screens, for Internet onramp services. Synacor is the second Buffalo technology company to propose a stock offering this year (Nanodynamics is the other).
*Roswell Park Cancer Institute is funding its third spin-off company AndroBiosys, Inc. (ABS). The primary goal of ABS is to pioneer new therapeutic approaches for prostate cancer. ABS will initially employ 6 people at 73 High Street in Buffalo.
realbuffalo Says:August 16th, 2007 at 12:00 pm
we can believe the stuff that wolf says when he moves from his tonawanda home into the city….
Ethan Says:August 17th, 2007 at 2:05 pm
uh, how does his residence impact his his ability to order a list of press releases related to local business?