Category Archives: Updates

Are Trade War Worries to Blame for Plunging Optimism of NYS Manufacturers?

The Empire State Manufacturing Survey for April indicated continued manufacturing growth in New York State, albeit at a slower pace as the index  declined 6.7 points to 15.8 (a reading above 0 indicates expansion). In startling contrast, the Forward-Looking Business Conditions Index, based on NYS manufacturers’ expectations of conditions six months from now, plunged -25.8

Congrats to Panasci Winner Bitcrusher and Their Coach, Jack McGowan of Insyte

Bitcrusher has won the prestigious University at Buffalo Henry A. Panasci Jr. Technology Entrepreneurship Competition and along with it over $50,000 in cash and services. Bitcrusher is a UB student technology start-up that has created a device for guitars that allows a user to control digital sound effects right on the instrument.  They were coached by

Building Buffalo’s Early-Stage Investment Scene

Insyte’s Jack McGowan was recently featured as a “Heavy Hitter” in a Business First Article highlighting the growing early-stage investment scene in Buffalo. Jack is the Executive director of the Buffalo Angels – a network of 69 accredited investors, and leads the Western New York Venture Association, which holds regular meetings that give local startups

U.S. Manufacturing March(es) On

American manufacturing expanded again in March according to the Institute for Supply Management whose PMI Index registered 59.3 for the month.  That reading was down 1.5 points from February, but still indicated growth (a reading above 50 indicates expansion), as did many of the constituent indices for New Orders, Production, Employment, Supplier Deliveries, Inventories, New

Made in WNY: Manufacturers and the Great War

November 11, 2018 marks the 100th anniversary of Armistice Day (now referred to as Veterans Day), the end of WWI.  The Central Library of the Buffalo and Erie County Public Library is currently hosting an exhibit commemorating this anniversary and Buffalo’s role in the “war to end all wars.”  Buffalo Never Fails:  The Queen City

In Memoriam – Michael Bartlett and Sam Ferraro

Insyte lost two good friends during the past couple weeks.  Michael Bartlett, the long-time executive director of the Hamburg Industrial Development Agency, died suddenly in February. He oversaw economic development in Hamburg for the past 26 years. Sam Ferraro passed away in March after leading economic development in Niagara County for the past 40 years.

On the Up and Up

Manufacturing activity across NYS “grew robustly” according to the Empire State Manufacturing Survey for March 2018 released today.  The general business conditions index rose 9.4 points to 22.5 (a reading above 0 indicates expansion), led by Shipments (up 14.5 to 27.0), Unfilled Orders (up 7.8 to 12.7), Delivery Time (up 5.1 to 16.2) and New

Two Degrees of Separation & a Buffalo Sabres Milestone

If you don’t know Insyte’s John Murray, we’re sure you know someone who does… he’s a true Buffalonian!  It’s a running joke in the office, but we are truly convinced there are only two degrees of separation from knowing this great guy. John, a long-time Buffalo Sabres season ticket holder, was honored for his loyalty

Your ISO Certification May Become Invalid This September

Although prominent in industry news, some companies may still be unaware that their ISO certification may become invalid this September. Beginning September 15, 2018: Only ISO 9001:2015 certificate is valid Only IATF16949:2016 certificate is valid Only AS9100 Rev. D certificate is valid Only ISO 14001:2015 certificate is valid Beginning March 1, 2019: Only ISO 13485:2016

Succession Planning for Small & Medium-Sized Manufacturers – Last Day to Register

Succession Planning for Small & Medium-Sized Manufacturers Friday, March 9, 2018 12:00 PM – 4:00 PM Larkin at Exchange Building 8th Floor – Barton Conference Room  Practical and interactive workshop in which participants will learn about and develop an initial transition and succession plan for their business. COST: $50.00 per person to hold your spot