Saturday, November 02, 2013

Buffalo development ramps up; site selector says keep it going


Buffalo Business First Reporter- Business First

An impressive array of projects helped fuel the Buffalo Niagara Enterprise to another “better-than-expected” year, but a national site selector warned the region should not get too complacent with its recent streak of positive economic development news.

The BNE, at its annual meeting, said that it played a role in helping bring 10 new companies to the region, or assisting others in their expansion efforts. The companies, collectively, created 522 new jobs while retaining another 1,003 jobs. Those gains represent $253.21 million in new private-sector investment and have a total regional economic impact of $324.55 million.

The 14-year-old Buffalo Niagara Enterprise is the region’s economic development marketing agency. Its staff not only has put the region on the map of many site selectors, they also help craft incentive packages to bring new investment to the area. More here.

No comments: