Buffalo Niagara’s general economic resurgence has been positively impacted by the diversification of industries in our economy, howeveradvanced manufacturingremains our third largest industry sector with 66,000 employees.
The additive manufacturing industry is growing. 3D printing is no longer just a basement hobby or even solely for rapid prototyping. Meaningful innovations are being made thanks to additive manufacturing. It is the future. Buffalo Niagara understands that and is ready for it.
Buffalo Niagara has a rich history of manufacturing. Today, advanced manufacturing is our third largest employment sector. 66,000 people currently work in advanced manufacturing in Western New York. It’s a staple of our economy and growing.
New York State recognizes the successes advanced manufacturing has brought the Buffalo Niagara region. The industry has great history in this region and has helped to shape the character of its people. They’re committed to sustaining that success and have dedicated expansive resources to bolster that sector of our economy. Several initiatives have spun out of the state’s historic and visionary Buffalo Billion:
Buffalo Niagara is known by many for our legacy industry and advanced manufacturing prowess. However, it is much less known that some of these household names are made right here in Western New York. Maybe you even had one of them for breakfast.
In 1825, the construction of the Erie Canal turned the Buffalo Niagara region from isolated frontier land to hub of activity. While that specific use no longer supports Buffalo Niagara’s clout, water in general still propels the region forward each day.
College and university partnerships are imperative to the future and success of economic development. There is a direct link between a region’s future and the abilities of its up-and-coming generation. No one knows that to be more true than Allegany County.
Over the years, Buffalo has been gifted the name the Nickel City. But (between you and I) it does just fine with plastics, too. Plastics manufacturing, that is. The Buffalo Niagara region as a whole is perfectly positioned to prop up your plastics manufacturing business.
For several reasons—from rising wages in emerging countries, to a growing appetite for US-made goods, to recognition of the abundant resources in our own backyard—the manufacturing industry is poised for revival, and helped along by investments from the private and public sectors. Areas like Western New York have abundant resources and tools to get in on this promising momentum as well.