Even as he heads off into retirement after 40 years in business, Bob Chiarmonte wants to ensure that many of the 1,500 backstock of eyeglass frames he has go to his former customers and other local residents before sending them to auction.

Chiarmonte is offering the remainder of his inventory of eyeglass frames for $10 to $25 per frame, which can be filled with prescription lenses by any optometrist shop. That's a good bit less costly than the typical retail price of $100 to $150, Chiarmonte said.

Chiarmonte is keeping the shop open into sometime next week in order to sell as many frames as possible. He's also selling all of his store fixtures -- and if there's an  optometrist looking for examination gear, he's got that, too.

Classic Optical is located at 44 Batavia City Centre, Batavia. 

Previously: Optician sets his sights on family, travel in retirement after nearly 40 years

Photos by Howard Owens

UConnectCare (formerly Genesee/Orleans Council on Alcoholism and Substance Abuse) has hired Jay Baran as the coordinator of the GOW Opioid Task Force.

Baran, 26, is responsible for overseeing the three-county – Genesee, Orleans and Wyoming – volunteer organization that is dedicated to saving lives by reducing overdoses and overdose deaths.

A graduate of St. Mary’s of Lancaster, Baran earned a bachelor’s degree in Public Health with a minor in Biology from SUNY Brockport in 2022. She replaces Christen Foley, who accepted the position of project director of the Western New York Prevention Resource Center, a program of UConnectCare.

In her role as coordinator, Baran will provide assistance to the task force’s six work groups – steering committee, access to care, data, community education, law enforcement, and family, loved ones, and allies. She also will be setting up quarterly meetings and events, with Overdose Awareness Day on August 28 next on the schedule.

“I have a passion for public health and am grateful to be able to serve in that capacity (with UConnectCare),” she said. “The GOW Opioid Task Force has made quite an impact over the past several years and I am looking forward to the initiatives that lie ahead.”

Baran served as a camp counselor for Just for Kids in Orchard Park before taking a position with Citibank in Buffalo for a year. Last year, she managed the social media account and coordinated a team of volunteers at Uplift Irondequoit, a coalition that supports programs and activities related to prevention, education, and reduction of youth substance use.

For more information about the GOW Opioid Task Force, contact Baran a jbaran@uconnectcare.org or at 585-815-1863.

It was just about a year ago that Tom Riggio, partner with Paul Guglielmo of the booming Craft Cannery business venture in Bergen, spoke about the future expansion of the site on Appletree Avenue and plans to hire more employees along with the physical growth.

Food and manufacturing officials brought the shovels out Wednesday for the ceremonial groundbreaking and celebration of the $1.5 million, 6,300 square-foot warehouse that will allow for a second kitchen and bottling line facility and in turn take on more clients, churn out more products and create more jobs.

Fieldstone Private Wealth, A private wealth advisory practice of Ameriprise Financial Services, LLC, in Batavia, has earned the Ameriprise Client Experience Award for 2023.

Fieldstone Private Wealth was honored with this award because its ability to consistently deliver personalized, goal-based advice and exceptional client service. Award recipients earned an overall client satisfaction rating equal to or greater than 4.9 out of 5.0 and maintained stellar business results. 

The award represents an elite group of Ameriprise advisors recognized as leaders for their commitment to making a difference in the lives of their clients.

As a private wealth advisory practice, Fieldstone Private Wealth provides financial advice that is anchored in a solid understanding of client needs and expectations and is delivered in one-on-one relationships with their clients. 

For more information, please contact Mark Woodward at 585-344-1262 or visit the Ameriprise office at 219 East Main Street, Batavia.

Expanding its advisory team, Tompkins Financial Advisors (Tompkins) in Western New York, announces the hire of Conner Simonetti as a wealth advisor. In his new role, Simonetti will be responsible for identifying and developing target segments while collaborating directly with clients, as well as sharing and implementing Tompkins’ comprehensive services to help clients build wealth and enjoy peace of mind.

“Conner has a proven track record of helping clients achieve their financial goals,” said James Sperry, senior vice president and managing director for Tompkins’ Western New York region. “Whether it be through personalized strategies or comprehensive wealth management solutions, he is committed to providing exceptional service and building long-lasting relationships with clients – things we deeply value at Tompkins. He will be an invaluable asset to our team.”

Simonetti comes to Tompkins with over 5 years of financial management experience. His experience is highlighted throughout his time as an operations and advisor for Worth Considering, Inc., and later, a portfolio manager with Brighton Securities Capital Management. In addition to his bachelor's degree in finance from Kent State University, Simonetti holds a Registered Investment Advisor license (Series 65) and is currently working toward his designation as a Certified Investment Management Analyst.

Before entering the financial industry in 2019, Simonetti played professional baseball with the Washington Nationals organization. Bringing that background full circle, he currently coaches baseball and softball students in the Monroe County, New York area.

The Department of Energy has awarded grants totaling $75.7 million to Plug Power, the Latham-based green hydrogen power company currently constructing a production facility in WNY STAMP in the town of Alabama.

The funds are part of a $1 trillion infrastructure bill approved by Congress and President Joe Biden in 2021 and are intended to help with research and development of hydrogen fuel production.

The company has also applied for a $1.6 billion low-interest loan from the DOE. That loan is apparently still under consideration.

Plug Power is betting that hydrogen power will become a big winner in the race to develop clean, renewable energy to sustain the economy and protect the environment in the coming decades. The Latham-based company specializes in "green hydrogen," which is the generation of hydrogen fuel using renewable energy sources such as solar and hydropower. An apparent attraction of WNY STAMP is the ability at that location to tap into hydropower generated by Niagara Falls.

Plug Power aims to provide customers with fuel cells, electrolyzers (splitting water into hydrogen and oxygen), to liquid hydrogen fuel. Plug Power wants to provide distribution, delivery, and services and foresees a future for hydrogen that includes uses such as long-haul trucking.

Plug Power's executives have set ambitious goals -- producing 2,000 tons of hydrogen daily by 2030. At that rate, the company hopes to generate $20 billion in annual revenue at that point with a profit margin of at least 30 percent.  

“The Bipartisan Infrastructure & Jobs Law is helping supercharge Upstate NY’s clean hydrogen sector. With this federal funding, Plug Power and other cutting-edge companies will be able to increase production capacity and spark new innovation to reach the next frontier of clean hydrogen manufacturing and research, all while supporting good-paying clean energy jobs and boosting the fight against climate change,” said, Sen. Charles Schumer. “Clean green hydrogen is one of the most exciting forms of new energy production, and with the major federal investments being made thanks to the Bipartisan Infrastructure Law and Inflation Reduction Act I championed, Upstate NY is poised to lead the way in powering America’s clean energy future.”

The grants are divided into two components.

The company will receive $45.7 million for the following project description:

The goal of this project is to establish and implement automation capabilities within our high-performance PEM stack manufacturing facility in Rochester, New York capable of producing 5,000 1 MW stacks per year.

This project will scale up manufacturing of proton exchange membrane electrolyzer stacks to the multi-GW scale, driving down costs to meet DOE targets. This project will automate membrane electrode assembly fabrication and stack assembly and enable automated inspection with machine learning to accelerate factory acceptance testing.

The project description for the second grant, $30 million:

This project will demonstrate a production pathway to meet a projected 2030 system cost of $80/kW for 100,000 heavy-duty fuel cell systems per year and automate the manufacturing of high-performance, low-defect membrane electrode assemblies in collaboration with the National Renewable Energy Lab.

The project will demonstrate an innovative expansion of their current manufacturing line.

“We are very appreciative and excited about the DOE's clean energy manufacturing initiatives and their profound impact on propelling Plug's industry-leading manufacturing capabilities in fuel cell and electrolyzer MEAs (Membrane Electrode Assemblies) and stacks," said Andy Marsh, CEO of Plug. “Congress enacted these policies to advance hydrogen and fuel cells as vital components of the United States’ climate strategy.  This funding will advance Plug’s fuel cell and electrolyzer manufacturing capabilities, create good paying jobs in New York, and fortify the region’s leadership in the national clean energy transition.”

The company selected WNY STAMP for the construction of a liquid hydrogen plant in February 2021.  The plant will cost more than $290 million to complete. 

Plug Power expects to generate 74 tons per day of liquid hydrogen at its WNY STAMP plant. The company recently opened two new production facilities in Georgia and Tennessee, and the WNY STAMP plant is expected to open in early 2025.

Empire State Development is scheduled to pay up to $2 million in Excelsior Tax Credits in exchange for the creation of 68 jobs at the plant, or about $2,941 per job per year over 10 years. Plug Power is not eligible to receive the tax credits until the jobs are filled. The average starting salary is expected to be approximately $70,000 plus benefits.

As part of the project, Plug Power agreed to invest $55 million in a 450-megawatt electrical substation that will make electricity available to other WNY STAMP tenants.

The company received $118.2 million in sales and property tax exemptions from the Genesee County Economic Development Center. Over the 20-year life of the property tax extensions, Plug Power will make payments in lieu of taxes totaling $2.3 million annually, which will be shared by Genesee County, the Town of Alabama, and the Oakfield-Alabama School District.  Each jurisdiction will also receive an increasing amount of property tax payments each year over the life of the agreement.

In accordance with Security and Exchange Commission Rules, Plug Power disclosed in November that a shortage of cash threatened its ability to remain a "going concern" within the following 12 months.  It suggested it could raise more cash by selling stock and that the company expected to receive a sizable loan from the Department of Energy.

Since then, Plug Power authorized B. Riley Securities to offer additional public shares of the company for sale at market rate with the goal of raising an additional $1 billion in capital.  That agreement was announced in January.  Since then, it has reportedly sold 77,417,069 new shares of stock, raising more than $300 million in cash. The company is continuing to sell new shares with a goal of selling another $700 million in 2024.

On Monday morning, the company announced its fourth quarter 2023 results and that it has removed its "going concern" guidance, stating, "The Company has determined it has sufficient cash on hand coupled with available liquidity to fund its ongoing operations for the foreseeable future."

It also announced record revenue of $891 million for the year, a 27% increase over the prior year.

However, the company continues to lose money and has never turned a profit, which, 25 years into its existence, continues to spook investors. After the Q4 report was released on Monday, the price per share of the company's stock dropped 17 cents and closed at $3.37. It hasn't traded above $5 since November. In early 2021, it was trading for more than $60 a share.

For previous Plug Power coverage, click here.

Press release:

The Genesee County Economic Development Center (GCEDC) Board of Directors will consider a final resolution for HP Hood’s $120 million proposed expansion project at its meeting on Thursday, March 7.

Announced by New York State Governor Kathy Hochul last fall, HP Hood plans to expand its footprint at the Genesee Valley Agri-Business Park. The project includes the construction of a 32,500 square foot expansion to accommodate its automatic storage and retrieval system (ASRS) refrigerated warehouse.  The project will also include new batching and processing systems and other upgrades, allowing the company to increase capacity and begin a new production line. 

“The agricultural sector is a backbone of our regional and state economy, as evidenced by the significant investment and jobs provided by companies such as HP Hood, Upstate Niagara Cooperative, and O-AT-KA Milk Products, among many others,” said GCEDC President and CEO Steve Hyde. The sector's growth here is the result of the Genesee Agri-Business Park, which was constructed in 2011 and is now almost at full build-out.”

The expansion would create 48 new jobs while retaining 455 full-time positions as part of the company’s 1,200 employees throughout New York State. Investments at the Genesee Valley Agri-Business Park have resulted in a cluster with over 1.2 million sq. ft. of food and beverage facilities employing over 1,000 professionals in the food processing industry, the leading employment sector in Genesee County and GLOW region.

Press Release:

Batavia Downs Gaming and Hotel had a record-setting week From February 18 to 24.  With daily promotions, nicer weather, and the heavily anticipated Legends & Stars Sports Card Expo taking place in the week, more than $25 million in Credits Played went through the machines at the gaming facility, marking its highest week-long total of all time.

On Friday, Feb. 23, Batavia Downs reported its third-best, single-day record in credits played, with $5,173,626.

The week total for net win of $1,871,544 was the second-highest in Batavia Downs's history. 

“We are so very appreciative that, in a region with so many entertainment options, people are choosing to visit Batavia Downs in record numbers," said Henry Wojtaszek, Batavia Downs President and CEO.  “To commemorate the record-breaking weekend and to say "thank you" to our guests, I’ve asked our Marketing Team to do a special promotional drawing on Sunday.“

A special drawing, set for 8:30 p.m. on Sunday, March 3, will see one person win $2,000 in cash and a pair of suite-level tickets to the Zach Bryan March 10 concert at KeyBank Center.

Anyone who plays on March 3, using their Player's Card, is eligible for the contest.

Graham Corporation (NYSE: GHM) (“GHM” or “the Company”), a global leader in the design and manufacture of mission-critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, today announced that Daniel J. Thoren, President and Chief Executive Officer, and Matt Malone, Vice President and General Manager - Barber-Nichols, will present virtually at the Gabelli Pump, Valve & Water Systems Symposium on Thursday, Feb. 22.

The Graham presentation is scheduled to begin at 3:15 p.m. Eastern Time. A live audio webcast of the event with accompanying slides will be available at GHM Investor Relations. An archive of the presentation will be available at the same link following the conference.

An expansion of its small business lending (SBL) team, Tompkins Community Bank has appointed Todd Ferrara to a newly created role, SBL business line manager. Ferrara will oversee Tompkins’ SBL underwriters, lending assistants, and market-based managers across New York and Pennsylvania, working to drive growth among target segments while delivering a top-notch customer experience.

“Small Business Lending is an area that is critical to the success of Tompkins and our local communities.  We are focused on delivering high-quality products and experiences to the small business customers we serve,” said Thomas Evans, enterprise credit administration officer at Tompkins. “As part of fulfilling that mission, establishing a dedicated leadership position and filling it with a high-caliber individual is a critical step.  Todd is a demonstrated leader with proven capabilities in this regard.  It is with high conviction that we put Todd in this position and look forward to him delivering for Tompkins and our customers.”

Previously, Ferrara served as the business development officer for Tompkins’ Philadelphia footprint. A 25-year veteran of the banking industry, Ferrara has ample experience leading teams in small business and cash management.

“Todd joined Tompkins just over a year ago and has since established himself as a dynamic, capable leader,” said Ginger Kunkel, president of Tompkins’ Pennsylvania market. “His dedication to a supportive and collaborative work environment embodies the values that Tompkins holds paramount and we all look forward to watching Todd grow in this new role.”

A graduate of Juniata College, Ferrara currently serves as board secretary for the Boys and Girls Club of Chester, Pennsylvania, a position he has held for the past three years. He and his family are also longtime supporters of Speranza Animal Rescue and have fostered and rescued several from the organization. He lives in Royersford, Pennsylvania with his wife, Jill, and is father to one daughter and two stepchildren.