November Good for U.S. Manufacturing

The Institute for Supply Management’s November PMI, a closely-watched indicator of national manufacturing strength, registered 58.2 in November indicating growth for the 15th consecutive month (a reading above 50 indicates growth).  Although the PMI eased 0.5 points from October, it was still above the averages for the last 12 months and 2017.  Production was up

Angel Investors Know Jack

Insyte’s Jack McGowan was featured on a recent 43North Podcast episode. Jack helps technology start-ups prepare for equity and grant funding. He is director of the Western New York Venture Association and the Buffalo Angels. Listen to the link below as he discusses angel investing, the growth of the WNY start-up community, and the opportunity for high

NYS Manufacturers’ Optimism Grows

The Federal Reserve Bank’s Empire State Manufacturing Survey for November indicated strong growth at 19.4, albeit less frothy than October’s multi-year high of 30.2 (any reading above zero indicates expansion).  In particular, New Orders rose to 20.7 and Shipments came in at 18.4, down from 27.5 in October. The Future Conditions Index measuring expectations six

In Memoriam – Herbert P. Ladds, Jr.

Our sympathies to the family of Herbert P. Ladds, Jr. who served as a dedicated member of the Insyte Consulting (formerly Western New York Technology Development Center, Inc.) Board of Directors from 1991-2002. His full obituary from the Buffalo News can be found here.

National Manufacturing Up in October

The Institute for Supply Management’s October PMI came in at 58.7 indicating that manufacturing activity increased, despite a 2.1 point drop from the thirteen-year high of 60.8 registered in September (a score above 50 indicates growth).  New Orders, Production, Backlog and Employment all grew in October, albeit at a slower rate than in September, while

Buffalo Companies Talk NAFTA on NPR

Buffalo businesses were highlighted in a national radio program this past Sunday. In the report on NPR Weekend Edition Sunday several Buffalo companies were interviewed regarding possible changes to NAFTA, and the serious consequences those changes could pose to their businesses.  John Manzella, President & CEO of the World Trade Center Buffalo Niagara summed up

Manufacturing Youth Movement

Sunday’s Buffalo News featured Heather & Ricky Turner, the thirtysomething owners of Blackstone Advanced Technology in Jamestown.  They’re great examples of a growing youth movement in manufacturing.  A new generation of young manufacturers is beginning to emerge across WNY, including: Allie Bendiak and Ben Whiting of Whiting Door; Jason Cordova of Finger Food Products; Steve

Made in WNY – 145th Birthday of a WNY Innovator

  Labor Day 2017 marked the 145th anniversary of Charles Peter Dahlstrom’s birth in Gotland, Sweden.  It is a date worthy of celebration in Jamestown, New York where Dahlstrom’s innovations spawned a major manufacturer and a legacy that continues to this day.  Dahlstrom was educated in Stockholm and was ultimately trained as a tool &

NYS Manufacturing Accelerates

The general business conditions index of the Empire State Manufacturing Survey climbed to 30.2, up 5.8 points from last month, indicating “robust” growth in NYS manufacturing.  The Index has not been higher since October 2009 when it hit 33.3.  The future conditions index was also up to 44.8, but had been as high as 49.7

Congratulations Jeff Cummings & Dynabrade, Inc.

Jeff Cummings receives the $500 prize for winning Insyte Consulting’s Cool Manufacturing Photo Contest celebrating National Manufacturing Day.  Great shot Jeff & congratulations!