Astronics completes $104 million acquisition

Astronics has completed its seventh acquisition in the past decade with a $104 million deal to buy Illinois-based Telefonix. East Aurora-based Astronics, which develops and builds lighting and electric systems for aircraft, has said the deal will bring new products and an "impressive set of customers" to the company. Telefonix is expected to contribute between $70 and $75 million in revenue to Astronics in 2018. Past acquisitions have included Illinois-based Armstrong Aerospace in 2014 ($51 million),…

First look: UB’s completed Jacobs School of Medicine and Biomedical Sciences building

The University at Buffalo will officially open its new medical school building for business Dec. 12. in a ceremony that's likely to include state and local dignitaries. The 628,000-square-foot, $375 million facility represents a return to the medical corridor after 64 years on South Campus. The finishing touches are being put on the interior and students will begin taking classes there in January. Buffalo Business First reporters and photographers toured the facility this week. Take a look at the…