Wells $425 million project Phase 2 completed

In Dunkirk, Wells Enterprises’ Phase 2 ribbon-cutting marked completion of a four-phase project and emphasized continuity of operations during construction; Chief Operating Officer Nicolas Neykov said the company “kept our team working… continued producing ice cream… maintained reliable supply for our customers.”

The Wells project included a new three-story employee center replacing a “over 75 years old” building, and officials said it was designed for roughly 380 employees—featuring office spaces, a conference room, training spaces, a break room and employee lockers.

Nationwide wage and hiring dynamics were quantified: Bank of America Institute estimated payroll growth slowed to 1.5% year over year in August (from 1.8% in July), while after-tax wage growth was 4.7% for lower-income households versus 3.5% for higher-income households—and the typical raise tied to job changes hit 12.5% in July, the highest in more than three years.

The job-switching pickup was tied to “weekly-paid” roles: BofA Institute data cited that about 60% of construction workers are paid weekly, and senior economist David Tinsley said, “You don't move jobs, obviously, if you're fearful of the labor market.”