Buffalo-Niagara Manufacturing Outpaces the Nation, Again

The Buffalo-Niagara Institute of Supply Management’s PMI Index climbed to 67.6 in July indicating accelerating growth in area manufacturing.  July marked the ninth consecutive month that the Buffalo-Niagara index has exceeded the national ISM index, with the gap widening to over 15 points.  The index was led by Production, which jumped over 11 points to

From Manhattan to the Hamptons via WNY

The Long Island Railroad (LIRR) is the busiest commuter railroad in North America carrying about 265,000 travelers each weekday and stretching 120 miles from the heart of New York City to the privileged beaches of the Hamptons and Montauk.  Now a 100-year-old WNY manufacturer will help make that possible.  Composite Panel Solutions has won a

NYS Manufacturing Flat in July

For the fourth month in a row, manufacturing activity in New York State was essentially flat according to the July 2015 Empire State Manufacturing Survey by the Fede3ral Reserve Bank of New York.  The current business conditions index came in at a tepid 3.9, albeit a slight improvement from -2.0 in June (readings above zero

Rigidized Metals Reaches A Milestone

Congratulations to Rick Smith and the team at Rigidized Metals on Ohio Street as they celebrate their 75th year in business!  Given the incredible changes our area has seen since 1940, that’s quite an achievement.  But as many of you may know, Rigidized is much more than just a business.  Rick Smith, the third generation

Interview with New Era CEO Chris Koch

An interesting look at Insyte client New Era through the eyes of its CEO.  Poised to top $1 Billion in revenue, New Era will have grown over 10x since 2002.  See Chris Koch’s remarks here and learn more about Insyte’s work with New Era here.

Sign-up to Become a SolarCity Supplier

SolarCity expects 20-30% of its supply chain will come from our region, according to Vinayak Gupta, VP of Supply Chain.  “Maybe as high as 50%…[we are] still learning what is available in the area.”  Gupta spoke at BNP’s Annual State of Logistics event.  About half of the approximately 3,000 jobs that SolarCity’s new plant is

Consolidated Funding Applications for New York State Grants are due July 31, 2015. Workshop for potential applicants to be held on June 29 in Niagara Falls

The Western New York Regional Economic Development Council (WNYREDC) will hold a Consolidated Funding Application (CFA) workshop for potential applicants to learn more about the fifth round of Governor Andrew M. Cuomo’s initiative to stimulate job creation and economic growth through the Regional Economic Development Councils. The workshop will be held June 29 in Niagara

Cornell Center for Materials Research is now accepting applications for Fall 2015 JumpStart projects

The CCMR JumpStart program, funded by Empire State Development’s NYSTAR division, pairs New York State small businesses that have well-defined technical needs with Cornell faculty and students who have the expertise to help. http://www.ccmr.cornell.edu/jumpstart **Application Deadline: July 1, 2015 Projects receive a dollar for dollar match for project expenses up to $5,000 The application process

NYS Manufacturing Contracts in June

The Empire State Manufacturing Survey for June 2015 fell into negative territory at -1.98 indicating that manufacturing activity declined slightly last month on a statewide basis.  The Survey’s readings have oscillated close to zero for three months and is now at its lowest level since early 2013. New Orders, Unfilled Orders and Delivery Time were

Buffalo-Niagara Manufacturing Expands in May

WNY manufacturing continued to outpace state and national measures according to the May Buffalo-Niagara PMI.  The index registered 61.1 for the month, but was down 3.3 points from 64.4 in April.  All components of the Index—production, prices, inventories, employment, delivers, manufacturing—also showed growth, with the exception of new orders at 48.5.  May was the fifteenth