VOLUME 32, NUMBER 32 THURSDAY, June 28, 2001
ReporterTop Stories

Alfiero family gives $2 million to UB
Gift to fund construction of new facility for student programs in School of Management

send this article to a friend

By JOHN DELLA CONTRADA
Reporter Contributor

Motivated by a desire to give back to the community where he founded and grew his business enterprises and raised his family, Sal H. Alfiero has made a generous gift to the School of Management.
 
  ALFIERO

The $2 million gift from his Alfiero Family Foundation will be used to build a new structure adjacent to and connected with the Jacobs Management Center on the North Campus.

To be named for the Alfiero family, the new student-focused structure will contain facilities supporting the academic, career and professional-development activities of students within the School of Management.

President William R. Greiner and School of Management Dean Lewis Mandell announced the gift recently with Alfiero and his wife, Jeanne, at a news conference held in the School of Management and broadcast live on the Internet.

With the AlfierosÕ gift, the Campaign for UB now has surpassed the $155 million mark toward its $250 million goal.

Groundbreaking for the building is expected to begin in 2002. Additional funding for the $6.5 million project has been secured from SUNY and from gifts from alumni and friends of the School of Management.

The facility will feature a dramatic glass atrium, which will serve as an entranceway to a student center with an Internet cafŽ, three high-tech classrooms, academic and career-advisement suites, an entrepreneurship suite and dedicated space for student clubs, meetings and group projects. Wireless computer technologies will be integrated throughout the building, giving management students around-the-clock access to business research and market data.

 
 
  Architects sketch of the addition to Jacobs Management Center

ÒOur intention from the start was to design a building that places the goals and dreams of our students at its very heart,Ó said Mandell. ÒWith the Alfiero familyÕs generous support, the School of Management soon will have an elegant, corporate-like facility that is reflective of our status as one of the worldÕs top business schools and that will be a wonderful source of inspiration to our students and alumni alike.Ó

Mandell said the new facility would become Òthe face of the UB School of ManagementÓ and would be featured on the front page of the schoolÕs home page and on the cover of viewbooks. In addition, it likely will become the backdrop for many commencement photos, he added.

ÒThe new center will be modern, soaring, transparent, transcendental, student-oriented and truly world-class,Ó he said.

Greiner noted that having built his own business into a multi-billion-dollar success, Alfiero knows the economic impact of UBÕs ability to draw the worldÕs best and brightest minds to Western New York.

ÒThanks to his outstanding support, our nationally recognized School of Management will have the means to continue to develop as one of the top programs in the country.

ÒThe Alfieros,Ó he added, Òhave been leaders in the Western New York community for many years; this multi-million-dollar gift to the University at Buffalo demonstrates the depth of their continuing commitment to UB and to the economic advancement of our entire regionÑand we are grateful for both their generosity and their vision.Ó

Jeremy M. Jacob Sr., honorary co-chair of the Campaign for UB and chair of the University Council, also expressed deep gratitude to the Alfieros for the $2 million gift.

ÒJust as they have been leaders in our community for so many years, Sal and Jeanne have stepped up to be significant leaders in the Campaign for UB. This very generous gift is an indication of their confidence in and commitment to the very bright future of UB, and especially our School of Management.Ó

One of Western New YorkÕs most successful and prominent business executives, Alfiero is former chairman and CEO of Mark IV Industries, which he founded in 1969 and built into a leading global manufacturer of engineered systems and auto components. Having recently sold the Amherst-based company, Alfiero now is chairman and CEO of Protective Industries LLC of Buffalo.

ÒThis is the community where I started my business and where I have benefited from the tremendous support of many people,Ó Alfiero said. ÒThis gift is simply my familyÕs way of acknowledging and thanking Western New York for its years of support; itÕs our way of giving back some of the goodwill weÕve enjoyed and experienced.

ÒI think UB is a tremendous asset for our community and for the entire state, as reflected by the national prominence achieved by the School of Management and the universityÕs other professional schools,Ó he added. ÒI hope this gift will demonstrate to other people that we have some excellent institutions here that deserve our support, not just monetarily, but also in terms of time and effort.Ó

Front Page | Top Stories | Briefly | Kudos
The Mail | Exhibits, Notices, Jobs
Events | Current Issue | Comments?
Archives | Search | UB Home | UB News Services | UB Today