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POD: Del Reid, on Bills Mafia

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Greg Pokriki   |     Sep 07, 2022

New Buffalo Niagara Manufacturing Dashboard Shows Opportunity

Buffalo Niagara’s advanced manufacturing ecosystem employs nearly 70,000 members of our community and has a gross regional product of $13.2 billion. Economic data points are critical in helping companies – and communities – make critical investment decisions and inform strategic development efforts.

Rob Leteste   |     Aug 25, 2022

CHIPS Act opens opportunity in Buffalo Niagara

On August 9, President Biden signed the CHIPS and Science Act into law, investing more than $50 billion into research and manufacturing of semiconductor chips in the United States. Semiconductor chips are in, well, everything nowadays - computers, iPhones, medical devices, cars, and more. Currently, American companies only produce about 10% of the world’s semiconductor chips and none of the world’s most advanced, according to whitehouse.gov. The legislation is intended to spur and incentivize domestic manufacturing - and it could have an impact in Buffalo Niagara soon.

Olivia Hill   |     Aug 23, 2022

Environmental, social, and corporate governance (ESG) Impact on the U.S. Marketplace

Environmental, Social, and Governance (“ESG”) refers to a range of standards and initiatives that companies are implementing in their internal operations to evaluate and address its own environmental performance, social impact and self-governance. This ESG criteria is rapidly becoming a priority for businesses of all sizes, including a number of our clients. Below are a few key factors that companies should be aware of: 

Guest Author   |     May 24, 2022

Power your business and lower utility costs in Buffalo Niagara

Plastic injection molding. Food processing. Steel fabrication. All of these industries have one thing in common: Heavy power use. These operations often run multiple shifts or even 24 hours per day using an immense amount of power. Soaring operational costs, especially utility costs and energy needs, are a hot topic for companies across the nation. The Buffalo Niagara region offers a solution: A combination of low electric utility costs and unique incentive programs like hydropower allocation. 

Matthew Hubacher   |     May 05, 2022

NYS Expands Excelsior Jobs Incentives Program

The New York State budget legislation enacted in 2021 included an expansion of the Excelsior Jobs Incentives Program. The Excelsior Jobs Incentives Program provides job creation and investment incentives for businesses in targeted industries in the form of refundable tax credits that can be claimed over a benefit period of up to 10 years, if the eligible business meets and maintains established job and investment thresholds.

Guest Author   |     Mar 09, 2022

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    About Us

    Founded in 1999, Invest Buffalo Niagara represents the eight counties of Western New York. We are the region’s nonprofit, privately funded economic development organization focused on job creation. 

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