Ecovative Design looks to expand internationally
July 28, 2014
Albany Business Review Ecovative Design’s biodegradable packing materials could soon be making their way to Europe. The company, which employs 60 people out of its
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Is NYS the Northeast’s TBED Leader?
July 24, 2014
How does New York compare to other northeastern states in terms of technology-based economic development (TBED)? According to SSTI, a non-profit group that supports efforts to strengthen economies through technology and innovation, TBED requires a multi-faceted approach. In addition to research capacity and a skilled workforce, economies need capital along with initiatives to commercialize research.
In the past year, New York State has eliminated the income tax for manufacturers and established a 20% property tax credit. The Empire State is also meeting its investment commitment to the Buffalo Billion initiative, a regional effort that will create a high-tech manufacturing hub, help commercialize research at the Buffalo Niagara Medical Campus, and support the Edison Welding Institute center.
Walmart expands contract with Plug Power
July 24, 2014
Albany Business Review Five months after scoring its largest order in company history, Plug Power saysWalmart is expanding the order. Andy Marsh, president and chief executive officer of
GE is building a fuel cell pilot development and manufacturing plant in upstate NY
July 23, 2014
Albany Business Review General Electric has created a new fuel cell startup business and is building a fuel cell pilot development and manufacturing plant in Malta,
Buffalo Is Building Tomorrow’s Manufacturing Workforce
July 21, 2014
The City of Buffalo and the Buffalo Niagara Partnership have announced a paid-internship program that will connect area manufacturers with local high school and college students who are interested in engineering and advanced manufacturing careers. The six-week program is part of larger, regional and national efforts to train the manufacturing workforce of tomorrow.
Today, many Buffalo-area employers are unable to find qualified candidates for advanced manufacturing positions. By 2020, regional employers will need to fill an estimated 17,000 advanced manufacturing jobs. In addition to engineers and supervisors, local companies will need to hire welders, CNC machine operators, and industrial mechanics.
NIST To Open New Competitions for MEP Centers Across the Country
July 18, 2014
SSTI Over the next three years, the National Institute for Standards and Technology (NIST) Hollings Manufacturing Extension Partnership (MEP) plans to hold open competitions for
Who Will Fill Manufacturing’s Toolbox?
July 16, 2014
During a recent visit to Pittsburgh, President Obama promised to provide small-to-medium manufacturers with the tooling they need to help themselves. “I can’t rent the Space Shuttle to you,” he joked, “but there are areas where we can enhance what is already being done by companies like TechShop,” a Steel City business that is lending production tools and equipment to local manufacturers.
On that same day, the White House announced that the Administration would offer entrepreneurs easier access to high-tech resources at more than 700 federal R&D facilities, including NASA’s National Center for Advanced Manufacturing in New Orleans. To speed the development of innovative materials, five federal agencies will also spend more than $150-million to support the Material Genome Initiative.
Cuomo announces 500 semiconductor industry jobs coming to Rochster area
July 16, 2014
Rochester Business Journal At least 500 jobs that focus on the semiconductor industry will be created over the next five years in the Rochester area
Nonprofit hoping for ‘win-win’ with Etsy
July 16, 2014
Daily Gazette Last fall, when Etsy, the online marketplace for handcrafted and vintage goods, announced new rules that would allow its registered sellers to partner
