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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.

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Manufacturing 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.

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Manufacturing 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.

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