Economy: Press Releases

Manufacturing Month Kickoff Event Begins October Focus on WNY Manufacturing

BUFFALO, N.Y– The Buffalo Niagara Partnership Manufacturers’ Council will kick off its 2015-16 season and mark the beginning of its Manufacturing Month initiative with an opening event on Tuesday, October 6, 2015 from 9:00 AM to 11:30 AM at Shea’s Smith Theatre, 658 Main Street, Buffalo, NY 14202. The event is open to Partnership members as well as non-members and will feature local and national manufacturing experts, with discussions on the top issues facing manufacturers in the region today.

Small Business Day Promotes Six-Point Agenda

ALBANY, NY – Small business owners and business leaders from across the state assembled in Albany today to participate in Small Business Day. The effort, led by the National Federation of Independent Businesses of New York, focused on a six-point legislative agenda of the challenges faced by the state’s 2 million small businesses.

Buffalo Niagara Partnership Statement Re: New York State Budget

“We are very disappointed with this budget agreement and with the people who negotiated it. The outcome of their closed door work not only will further erode the economy of upstate NY but also will significantly blunt the impact of a number of the agreed upon priorities in Governor Cuomo’s high profile economic development initiatives, including our region’s ‘Buffalo Billion.’ No rhetorical lipstick can gloss over this unfortunate reality. It also confirms to business decision makers around the world that the state is not yet ‘open for business.’”

Partnership Releases Zogby Poll to Elected Officials

BUFFALO, NY – The Buffalo Niagara Partnership today released the results of a poll focused on Upstate employers’ perceptions of economic development progress to Governor Andrew Cuomo and his administration.  John Zogby of Zogby International was commissioned to conduct the poll and present his findings at the Partnership’s Accelerate Upstate 2.0 economic development summit, which was sponsored by M&T Bank and webcast via YNN.

Accelerate Upstate 2.0 to Analyze Upstate Economic Development Efforts

BUFFALO, NY (Jan. 28) – Tomorrow, the Buffalo Niagara Partnership will host Accelerate Upstate 2.0, an economic summit to gauge employers’ opinions on current and future initiatives to grow the Upstate New York economy. The conference, which will feature speakers including John Zogby, founder of the Zogby Poll, and James McConeghy, CFO of Chobani, and expert panel sessions on Upstate economic development, will be webcast in real-time across Upstate on YNN.com.

Buffalo Niagara Partnership Statement Regarding Governor Cuomo’s 2013-14 Executive Budget

“Governor Cuomo’s 2013-14 Executive Budget proposal addresses two major impediments to employers in New York State, unemployment insurance and worker’s compensation. Much needed reforms to both of these important safeguards for employees will allow employers to operate their business under predictable, manageable costs while providing fair and practical safety nets for employees that lose their jobs or are injured while doing their job,” said Andrew Rudnick, President & CEO of the Buffalo Niagara Partnership. “This budget proposal also includes another ‘installment’ of Governor Cuomo’s Buffalo Billion investment in Buffalo Niagara, including $75 million in capital funding and $25 million in tax credits. That, combined with the ‘Historic Commercial Properties Rehabilitation Credit’ proposal for developers of historic properties, reaffirms the Governor’s commitment to Buffalo Niagara and revitalizing our economy. However, the Governor’s proposed significant increase in the state minimum wage blunts the positive impact of these employer-friendly initiatives. In a state ranked 50th in business tax climate, a mandated wage hike is the exact opposite of Governor Cuomo’s ‘Open for Business’ effort and will have a negative impact on employment and job creation. Now is not the time for more employer mandates.”