(**News Update)Local management team buys Bush Industries from out-of-town equity firms... keeping nearly 250 jobs in the Jamestown-area...

A long-time, ready-to-assemble furniture maker in the Jamestown-area... which emerged from bankruptcy several years ago... is again under local ownership.  A group of four upper-level management officials have bought Bush Industries at One Mason Drive between Jamestown and Falconer.  Bush's new CEO, Jim Garde, says they're excited about being able to buy the company from two private equity firms from New York City and Boston.  He says... because Bush is a relatively small manufacturer... the new ownership group had some financial hurdles they had to clear... but, they did.  Local elected officials were also on hand for this morning's press conference at Bush's facility in the South County industrial Park... and, one called it a "day of celebration."  County Executive Vince Horrigan says the county... and, it's Industrial Development Agency has been working with the new owners on acquiring the facility.  Horrigan says this is one kind of economic development his administration works on every day.  Bush currently employs between 230 to 250 people in the Jamestown area... and, they hope to double the Mason Drive facilities output in the near future.