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 More
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 More
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 More
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.Read More