In 2019, Buffalo Niagara’s manufacturing industry imported nearly $11 billion in goods from other regions across the U.S. For plastics and adhesives, and electrical equipment suppliers Buffalo-Niagara looks outside our region for these products 80%+ of the time. Locating in Buffalo Niagara to feed the local supply chain is a great option for businesses to capture this marketing share.
Circuit Clinical is a clinical trials company located right here in Buffalo, New York. The company was founded by Irfan Khan, who at one point was receiving pressure from investors to relocate the company to Denver, Colorado. He was so close to making the decision, that he was actually looking at houses in Denver. But, he ultimately chose Buffalo and was able to convince his investors that it was the right place to be.
The U.S./Canadian border remains closed as COVID and its uncertainty have followed us into 2021. But that does not mean progress has to stop on your U.S. expansion plans. Lots can be accomplished from your Canadian headquarters. Here’s a few things you can work on for your U.S. expansion from the comfort of your virtual office (you won’t even need to change out of your pajamas!)
Buzzwords like “density” and “collisions” often litter the collateral of the startup and health care fields, among others. But those words are far from filler. As my college English professor used to say, “Clichés are clichés for a reason.”
One of the most important ways Invest Buffalo Niagara can assist companies with an expansion project is through the identification of suitable commercial real estate. Utilizing our vast market knowledge and close relationships with the commercial real estate professionals across our region, Invest Buffalo Niagara conducts site searches and presents the findings to our prospects in a timely, detail-orientated manner. Similar to the consideration of incentive programs, there are some important factors to keep in mind before engaging in a commercial real estate search for a business expansion project.
We are pleased to announce that Tom Kucharski, President and CEO of Invest Buffalo Niagara, the region’s nonprofit economic development organization, has been elected by his peers to Chair the International Economic Development Council (IEDC).
Many businesses are utilizing these unprecedented times to strategize on business growth and innovation. Growing your business – whether it is through the development of new products, entering new markets, or organic market opportunities – often requires additional staff and an increased physical footprint. Here are some important considerations companies should have top of mind before the business expansion process begins.