At the Monday Town Board work session, Eric Guzdek, one of our town employees who manages the Pepsi Center, gave his monthly report on the finances of the Pepsi Center as of 9/24/07.
It is a remarkable feat; how good management along with good employees can make such a turnaround in a big money loser. They managed to turn the Amherst Pepsi Center into a highly successful business in only 3 years. When the Town workers started managing the Pepsi Center, which was 1.5 million in the red from the previous private management team, they quickly started to discover the right answers for the Center to become a money maker.
The Pepsi Center has paid off over $600,000 of the 1.5 million dollar debt they inherited under the careful guidance of Mr. Guzdek and his employees.
Eric has bought in major national hockey tournaments which have finically impacted our area to the tune of $4.5 million dollars.
Congratulations to the hard working crew, led by Mr. Guzek, who turned a losing Town
business into a huge success story.