Power Drives Inc. will consolidate its operations from South Buffalo and Falconer into a new facility in Larkinville, the company announced today in a news release. The 77,000-square-foot facility at 801 Exchange St. was purchased for $4.1 million by the Power Drives ownership group last Friday. It formerly housed The Colad Group. The deal was aided by a $200,000 grant from New York state and about $800,000 in Excelsior tax credits. Power Drives, founded in 1946, designs and manufactures custom-engineered...
