Business

A state grant for $50,000 recently awarded to Batavia-based Graham Corp. will be used to certify the company with the International Organization for Standaridization, better known by its acronym: ISO. In particular, the funds will pay for the consultant who needs to be hired to guide the company through the standardization process and the subsequent training and development in the ISO procedures.

Dan Harvey, Graham's human resources director, said that the company is pursuing its "ISO-9000 quality system" certification. Such certification from the ISO essentially provides a stamp of approval for manufacturers that says the company and its products meet specifications accepted around the world.

"We're still in the process of meeting specifications," said Harvey. "We have not yet reached those. We're still doing some more training and development, and there are different milestones we're looking to acheive."

This kind of grant is called "an insutrial effectiveness grant," according to Stefanie Zakowicz, spokesperson for Empire State Development, the state economic development group that authorized the grant for Graham.

Said Zakowicz:

"The purpose of the grant is to pay consultant fees that provide technical and financial services to help a firm improve its productivity, efficiency and market share. It's only for New York State manufacturers that employ fewer than 500 workers, so small to mid-size. The more employees you have, the more you can get. In their case, at the time of application, they had 280 employees. Anything over 100, would make you eligible for up to $50,000."

Graham Corp. applied for the grant on June 17, of this year. They are on schedule to complete the project by the end of September.

Some 150 residents and officials of the town of Alabama got together last night to talk about a proposal that would allow a 1,300-acre manufacturing site to move into town at the intersection of Route 77 and Judge Road, according to WBTA's Chad Zambito. It seems no specific manufacturer has yet been named, though a feasibility study shows that a solar panel or flat display manufacturer might be the best fit. Nothing will get done, however, without state funding and the sanction of the town. Word is that any such large-scale manufacturer could bring "thousands" of jobs to the area.

That brings up a serious question: What would thousands of jobs, which I interpret to mean thousands of new people, mean for a town that hasn't even cracked the 2,000 mark in population? Doesn't that mean a new town? Also, how does that work? Recruiting for thousands of jobs? Are there stipulations that jobs must first come from the region? How is that possible? What other benefit would such a manufacturer have for a rural community? Would this mean the transition to more suburban living in Alabama?

Lots of questions here. Don't know if the Alabamans are already asking or not. Anyone know?

In other news, we reported yesterday on an article from the Daily News about the shady goings-on at a pair of area Pizza Hut restaurants. Today, the official word is out: Pizza Hut restaurants in Albion, Amherst, Medina, Alden, East Aurora, Grand Island and Aurora have all been closed. Zambito reports that the owners cite poor performance as the reason for closing the shops—why else would they, right—and say that they will open new locations "under the Wing Street Chicken Theme," whatever the heck that means.

It seems the Daily News ran out of all the hard-hitting and otherwise informative news that made for an overstuffed edition Wednesday—really, they put together a fine paper yesterday. Today's top headline, in triple-bold font, reads: "Pizza Huts set 'to go' in Albion, Medina". Sure, this is news, but top of the front page news? Well, on closer inspection, it seems that yes, there is more to this story than one might at first suspect.

Check out this second paragraph from reporter Virginia Kropf:

Rumors about the closing of the Albion and Medina stores have been circulating around the county for several days, but attempts to verify the fact on Wednesday were met with "No comment" or slammed receivers.

Sounds like some serious business. And Kropf doesn't let up. In what seemed like a boring story about a couple chain restaurants closing turns into a story about the worker getting screwed over by the man. It turns out the employees in Albion were never told the store would be closing, not officially—or at least, this is the impression from the article. Instead, the management simply stopped posting work schedules and told the employees to show up in Medina at 9:00am Thursday without their uniforms. They were not told why, they said to Kropf.

Check this out:

A man who answered the phone in the Lockport office said he was a supervisor, but declined to give his name. He said he knew nothing about any closings and when confronted with the sign in the Albion Pizza Hut [which read: Due to closing...], he said, "Thanks for telling me. I'll have to call and tell them to take it down."

When asked if he was saying the store would not be closing, he hung up.

Whoa. Those are some shady dealings. A quote from one of the women who works at the Albion Pizza Hut sums it up: "If they had been up front and told us, I could have had that other job," she said.

Great job giving a voice to the voiceless, Virginia. Great article.

We encourage you to pick up a copy of the Daily News at your local newsstand. Or, better yet, subscribe at BataviaNews.com.

If you're looking to save a few bucks, learn yoga and taekwondo or get some free grub, you may want to search out the Downtown Batavia Coupon Book. It looks like this:

Inside, you'll find deals for a free cup of java at Main Street Coffee, a week of classes at Cain's Taekwondo, a session of tai chi at Blue Pearl Yoga, $35 off a pair of glasses at Optique, and much much more. The booklets of coupons include more than 30 downtown businesses and cost $2 each. You can find them at these locations:

Adam Miller Toy & Bike, Angotti Beverage,  Carlson’s Studio, Charles Men’s Shop, Christiano Cellular, Continental School of Beauty, Grugnale’s, House of K, Main Street Coffee, Marchese Computer, Optique, The Cutting Shack, The Spa at Artemis, Valle Jewelers and Washington Towers.

Information from the Batavia Business Improvement District.

From the D&C:

Lowe's will open its sixth area store in Batavia, Genesee County, on Oct. 18.

The new home-improvement store, at 4180 Veteran's Memorial Drive, has 117,000 square feet of retail space, with an adjacent garden center.

Batavia-based Graham Corp. (AMEX: GHM) received a $50,000 grant from the Empire Development board this week, according to a press release.

No word on the grant will be used. We'll see what we can find out Monday.

The grant was part of $67 million package of funds handed out by the agency. The funds are intended to spur economic growth.

Other area grants include:

• One Aid to Localities grant, totaling $150,000, to World Trade Center Buffalo Niagara for salaries and wages associated with outreach and service efforts in the twelve-county Western New York and the Finger Lakes region
• $50,000 to the Livingston County Agricultural Society and Fair
• $50,000 for Erie County Industrial Development Agency (Erie County)
• $25,600 for Qualicoat Inc. (Monroe County)

Graham was recently named one of Business Week's top 100 small companies. In Q2 2008, Graham reported $27.5 million in revenue and a 20 percent net profit margin. Graham employs 281 people. It's stock currently trades at $69.63.

It's that time of year, folks. Time to switch on the heat in the car for the morning commute. Time to dust off the coats and scarves. As chilly as it may have been in Genesee and Monroe counties this morning, it was much more so down in Wyoming, Cattaraugus and Allegany. Those three counties were under a freeze warning issued by the National Weather Service out of Buffalo this morning, according to WBTA's Wayne Fuller. That could be dire news for some vegetable growers. We'll have to wait and see.

In contrast to the cautious words of calm issued by an Oxford-educated economist who stopped by Batavia earlier this week to tell folks that it just "doesn't feel like an honest-to-goodness recession," unemployment numbers were reported as ever on the rise statewide. Genesee County is up more than a percentage point over this time last year: from 3.7 percent last August to 4.7 percent this year. Orleans County climbed from 5.1 to 7.1 percent. So, when does it start to feel like a recession? Is it when Orleans County can say that one in ten of its residents doesn't have a job?

In addition to the increase in unemployment, Fuller reports that job growth is either stagnant or shrinking. ...Maybe recession just isn't the right word, then. Can anyone else think up some words to describe what this feels like? Anyone?

Also (reported again on WBTA), the state looks to fare far worse than was initially suspected following the recent bankruptcies and bailouts on Wall Street. Gov. David Paterson envisaged a worst-case scenario of 30,000 jobs lost and a loss of $1 billion in revenue for the state. State officials now expect to lose 40,000 jobs and $3 billion in revenue over the next two years.

Oh. Almost forgot to mention... the price for a bus or train ride on the Niagara Frontier Transportation Authority is going up a quarter.

Maybe you were wondering what the video crew was up to at the corner of East Main and Bank streets this morning?

There were some suits, a cameraman and a pretty young woman standing on the corner in front of the cultural center with the banks in the background. Well, they were a crew from Shepard, Maxwell & Hale, a local insurance agency that took to Main Street to shoot their next commercial for cable television.

Buyers should be wary of online ticket seller: TicketsMyWay.com, according to the Better Business Bureau of Buffalo. WBTA's Wayne Fuller reports that the bureau has received hundreds of complaints about the site that sells tickets to sports, music and theater venues online. Complaints include: not ever receiving the tickets, getting them too late or getting invalid tickets.

In other news, Mike Ranzenhofer was campaiging yesterday in Genesee County with Sen. Mary Lou Rath, Assemblyman Stephen Hawley and county Legislature Chair Pat Hancock. Ranzenhofer is running to replace Rath in the 61st Senate District. He will take on Democrat Joe Mesi in the general election. Fuller has this to say about Ranzenhofer's platform:

He says he has a three-part plan for tax reform. One part is the doubling of the current STAR exemption over a four year period. The second part is to cap property tax increases to 4 four percent of the inflation rate which ever is lower. Ranzenhofer said the third plank is reform of the Wicks and Taylor laws, backed by organized labor, that he says increases the cost of a public works project by 20 to 30 percent.

Bed, Bath & Beyond opened for business Tuesday at the Towne Center off Veterans Memorial Drive in the town of Batavia, according to the Daily News. Target already opened in July and a Lowe's home improvement store is currently getting ready to "co-anchor" the shopping complex along with the large-scale retailer. Michael's Crafts expects to open Sunday, and Petco hopes to hold its grand opening on September 26. An AT&T store is likely to occupy another of the buildings on site. Roger Muehlig reports that the developer was hoping to get a restaurant to settle into one of the 8,500-square-foot buildings at the site, "but no occupant has been announced."

A couple of stories in today's paper were already posted to this site. News of Dave Wellenzohn's departure from the helm of Muckdogs management was featured on The Batavian yesterday afternoon. Sophie's Run: a run from Ontario, Canada to New York City by Nicole Chuchmach and her team of runners in an effort to raise awareness for colorectal cancer was featured on The Batavian Monday.

Genesee County's Chamber of Commerece is gearing up for the 19th annual Decision Makers Forum and Tour, which will be held at Batavia Downs Tuesday. Tom Rivers reports:

The Chamber each year uses the forum to focus on a topic critical to agriculture. The forum in recent years has explored renewable energy, groundwater and other environmental issues, new technologies on the farm, wind energy and immigration policies.

This Tuesday, the Chamber will discuss careers in agriculture.

Anyone can attend the forum but they must register. Call (585) 343-7440 ext.27 or send an e-mail to the Chamber to register.

We encourage you to pick up a copy of the Daily News at your local newsstand. Or, better yet, subscribe at BataviaNews.com.

A Batavia detective will become a full-time member of the Genesee County Drug Task Force, according to the Daily News. This marks the first time since 2002 that a member of the city force joined up full-time on the multi-agency task force. Police Chief Randy Baker said he hopes the group will continue its focus on "the big guy," as well as the "smaller concerns of neighborhoods." At least, that's what I think he says. Here's the full quote, from reporter Scott DeSmit:

"We met and we wanted to refocus our efforts ... They were doing long-term investigations, focusing on getting the big guy rather than addressing the smaller concerns of neighborhoods. That's all tied together and that's what we're doing."

It's not clear if the chief is saying that the task force was concentrated on the big guy and now they will focus more on smaller concerns, or my interpretation up above. I phoned the chief to clear up the ambiguity. He was unavailable. I left a message.

UPDATE: Chief Baker did get back to me this afternoon to confirm that the second interpretation is correct, that the task force will do more to address the "smaller concerns."

Plans for the soon-to-be-built Sallome's Deli on Oak Street—check out their job listing on our site—were approved by the city planning board last night following a brief debate over the number of signs to be allowed. There's no mention of when the deli will open at 34 Oak St., but the hours will likely be from 8:00am to 8:00pm six days a week.

Richard J. Peters II, 18, of Batavia, was sentenced to 11 1/2 years in state prison for the rape of a four-year-old girl. Wyoming County Judge Mark H. Dadd added 20 years of post-release supervision. Peters could have faced up to 25 years in prison for pleading guilty to a felony county of first-degree rape and a felony count of first-degree criminal sex act.

As the wrecking ball gets set to smash Le Roy's historic Masonic Temple to the ground, Genesee County's Economic Development Center gets set to give Walgreens $122,375 in tax exemptions. The temple, a few neighboring retail spaces and a couple of homes around the corner are all being torn down to make way for the pharmacy chain.

Batavia's town planning board has determined that the Genesee Valley Agri-Business Park will have a "significant impact on the environment." A public hearing has been set for 7:00pm on September 16 at the town hall, 3833 West Main Street Road, for residents to hear about the impact and voice their opinions on the project. "The potential effects of constructing the Ag Park," writes Paul Mrozek, "include increased noise, odor and traffic and converting 200 acres of vacant land into an industrial park."

We launched our free employment listings during the middle part of the July.

I was just looking over our stats -- in just that short of a time, more than 1,000 people looked at the jobs page. That tells me, there is a local online audience looking for employement opportunities.

Click on the "jobs" tab above and follow the directions on how to post your free employment ad.

We can easily assume that Batavian readers are engaged, informed, energetic people; you don't want to miss your chance to make your next great hire at no cost.

Slate profiles Ronald Hermance Jr., CEO of Hudson City Bancorp. Hudson is based in Jersey, but Hermance is originally from Batavia.

Despite the proximity to Manhattan, Hermance and his 140-year-old bank have never been part of the fast-money Wall Street scene. And thanks to its geographic and cultural distance, this bridge-and-tunnel bank has thrived amid the mortgage debacle.

Hudson City in late July reported that second-quarter profits were up 52.3 percent. In the 2008 first half, mortgage originations rose 50 percent from 2007. And yet its balance sheet is pristine. "Only 328 out of 79,929 loans are nonperforming at the end of the second quarter," he said. (But who's counting?) Last Thursday, Hudson City sported a market capitalization of $9.46 billion, twice the size of the Blackstone Group.

...

Hudson City banks the old-fashioned way: It takes deposits and makes mortgages to people who buy homes in which they plan to live. And then it hangs on to them. No subprime, no securitization. Hudson City's bankers are steady daters in a wham-bam-thank-you-ma'am era. "We don't have Wall Street bundle up the mortgages and sell them to someone in Norway," Hermance says. "We're going to live with those loans."

...

CNBC's motormouth James Cramer has dubbed Hermance a modern-day George Bailey. And while it has been a wonderful life of late for Hermance (last year he was paid a total of $8.45 million, and his shares in the bank are worth about $114 million, according to Hudson City's 2007 proxy), comparisons between the balding, mustachioed banker and Jimmy Stewart only go so far.

It's a fascinating story even if the world of high finance isn't your thing. Read the whole thing.

High oil prices are pushing refinery upgrades and expansion, which is good news to Batavia-based Graham Corp. Its revenue and profits are soaring, reports the Buffalo News.

Graham is coming off a fiscal year where profits and sales were the highest ever by a wide margin. The company’s stock, which traded for just over $10 in January 2007, now stands at $89.

And Graham’s order backlog and new order bookings are running at a record pace, prompting Lines to predict that the company’s growth spurt is far from over, with sales expected to rise by another 15 percent to 20 percent during the fiscal year that began in March. That would push revenues to around $100 million for the first time ever.

The article indicates that Graham is continuing to expand its work force, at home and aboard.

Batavia's downtown Summer Sidewalk Sales kick off Saturday, July 12th from 10:00am to 2:00pm. Be sure to stop by these shops for special deals:

• Adam Miller Toys & Bikes
• Continental School of Beauty
• House of K
• PIECES Gallery
• The Mane Attraction Salon
• Valle Jewelers

Summer Sidewalk Sales are sponsored by the Downtown Batavia Improvement District.

In this video we found on YouTube, this Batavia toddler seems pretty happy with the ice cream at Blondie's.

The D&C profiles Batavia's Brothers-All-Natural, which makes healthy crispy snacks.

Buried deep in the story is some pretty big news:

Brothers-All-Natural recently signed a multi-year license agreement with the Walt Disney Company to co-brand its product with Disney characters, to go into stores in July at Toys "R" Us, Kids "R" Us, Babies "R" Us and Wal-Mart.

"This is a huge stamp of approval when you get a name like Disney to associate themselves with your brand," said Matthew Betters, 36, co-CEO of Brothers-All-Natural.

Near the end of the story, we also learn the 15-employee company has offices in Ecuador and North Carolina, in addition to Batavia, but manufactures its products in China.

Batavia-based Graham Corp. (AMEX: GHM) has made Business Week's list of fastest growing small companies.

From the article:

This year's Hot Growth ranking also features a whole lot of heavy metal. Dotting the list are small manufacturers with low-cost structures and the ability to make specialized products that can't easily be copied by foreign rivals. Among the success stories: Graham (GHM), a Batavia (N.Y.) maker of heat-transfer equipment, and Haynes International (HAYN), a Kokomo (Ind.) supplier of specialty alloys used by jetmakers and gas drillers.

This morning, the stock opens at $63.50 per share.  It's 52-week high is $71.58 and 52-week low is $13.45

Graham's 2007 revenue was $65 million, with an EBIDTA margin of 11 pecent. Graham employs 265 people.

The company, which claims no long-term debt and $36 million in available cash, is announcing this week that for fiscal 2008 revenue is $86.4 million.

According to it's corporate history page, Graham was founded in 1936 and moved to Batavia in 1942.  The company went public in 1968.

Jerald D. Bidlack, 71, is chairman of the board, and James R. Lines, 46, is president and CEO.

Business Week's description of the company:

Graham Corporation engages in the design, manufacture, and sale of vacuum and heat transfer equipment used in the chemical, petrochemical, petroleum refining, and power generating industries worldwide. Its products include steam jet ejector vacuum systems; surface condensers for steam turbines; vacuum pumps and compressors; various types of heat exchangers, including helical coil heat exchangers marketed under the Heliflow name; and plate and frame exchangers. These products are available in various metal and non-metallic corrosion resistant materials. Graham Corporation’s products are used in a range of industrial process applications, including petroleum refineries, chemical plants, pharmaceutical plants, plastics plants, fertilizer plants, liquefied natural gas production facilities, soap manufacturing plants, air conditioning systems, food processing plants, and other process industries, as well as power generation facilities, such as fossil fuel, nuclear, cogeneration, and geothermal power plants.

Steve Hyde  of Genesee County Economic Development Center presented an update on Agri Park development and tonight's council conference meeting.

The proposed ag park could be worth $1.4 billion to the local economy and create 1,100 jobs.

It will cover 200 to 300 acres near Oatka Milk in the Town of Batavia.

It will be the only ag industry focused part in the Northeast.

A Canadian company seems ready and serious to be the first tenant of the park, bringing 100 jobs and taking advantage of current monetary exchange rates.

"We’re not coming here today to ask for help, but to look for a partnership that says this benefits the people in the community," Hyde said.

Grants of $6 million are currently available to fund Phase I.

We're a little behind in our Daily News reading (with Philip on vacation).  From the Saturday/Sunday edition, however, there were some items of note.

• Becky Wolford won a contest to sing the National Anthem prior to a Muckdogs game.  She's also survived a brain tumor.  The story by Joanne Beck details her diagnosis and  efforts to fight the disease, which included much prayer and multiple surgeries. It's a fine news feature, but fails to acknowledge WBTA's role in sponsoring the contest.
• The Economic Development Center has approved a $36,000 mortgage and tax abatement to help Summit Lubricants move into the former Pepsi plant at 4-D Treadeasy Ave. Summit manufactures heavy lubricants and has been in Batavia since 1991 and its expansion will lead to 17 new jobs.
• In Lifestyles, ag reporter Tom Rivers profiles Bob Welker, a herdsman at Stein Farms, where he helps deliver calves and tend to sick cows. "It takes a special person to be herdsman because not everyone can work with sick animals every day," co-owner Dale Stein told Rivers. "You have to e willing to do everything for the animals. Maybe one in a hundred cold do it -- maybe one in a thousand.

We recommend you pick up your copy of the Daily News at a local newsstand, or subscribe on the Daily News web site.