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.