ECIDA Loan Helps Niagara Lubricant Rebuild Buffalo Plant
On July 17 Erie County Executive Mark Poloncarz, City of Buffalo Mayor Byron Brown, our own President and CEO Steve Weathers, and a host of community leaders gathered at Niagara Lubricant to tour their new East Side facility. The ECIDA loaned $150,000 for the purchase of new equipment, and brought Niagara Lubricant together with the National Development Council, who were able to finance an additional $2.1 million loan through the Grow America Fund. The loans helped owner Leon Smith III relocate and rebuild after the 2011 fire that devastated his former Black Rock facility.
WKBW News Story: Niagara Lubricant Rebuilt After 2011 Fire