Manufacturing
Manufacturing Council Hosts: CHIPS+ Impact on WNY Manufacturers
The federal CHIPS and Science Act of 2022, known as CHIPS+, was signed into law by President Biden on August 9, 2022. This new legislation directs $52 billion toward renewing the heavily outsourced U.S. semiconductor manufacturing sector and reinvigorating U.S. chip research and development activities.
Read MoreManufacturing Council Hosts: Overcoming Supply Chain Issues
Worldwide, companies throughout every business sector are dealing with significant supply chain challenges. The Buffalo Niagara region is certainly no exception. Increased costs, labor shortages, logistical breakdowns, and a host of other issues are impacting all aspects of the economy from manufacturer to customer.
Read MoreManufacturing Council Meeting 4/7/22
BNP’s 2022 Q2 Manufacturing Council meeting covered a wide range of issues that impact the regional manufacturing community, including the 2022-2023 New York State budget, the proposed New York State Extended Producer Responsibility Act and New York’s Climate Action Council Draft Scoping Plan.
Read MoreManufacturing Council Meeting 10/7/21
BNP’s Q4 Manufacturing Council meeting focused on the New York State Climate and Community Investment Act’s potential impact on the manufacturing sector. We were joined by NYS Senate Minority Leader Rob Ortt and Donna DeCarolis, President of National Fuel Gas Distribution Corp.
Read MoreManufacturing Council Hosts: Navigating lending, tax law changes and the future of PPP
The Manufacturing Council hosted a virtual meeting to discuss the future of COVID-19 related governmental financial assistance and lending opportunities for local businesses.
The federal government is supplementing the original Coronavirus Aid, Relief, and Economic Security (CARES) Act and new United States Small Business Administration Paycheck Protection Plan (PPP) guidance is released on a continuous basis.
Read MoreManufacturing Council Hosts: Employer Liability Protection
The Manufacturing Council hosted a virtual meeting for all local employers, especially in the manufacturing sector, who are concerned about facility safety standards and employee safety in an ever changing business and regulatory climate.
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