New York City Is About To Get A $115M “Advanced Manufacturing Center”
“Mayor Bill de Blasio … announced $115 million in city funding to launch an Advanced Manufacturing Center along with other programs designed to jumpstart New York City’s struggling industrial sector with some high-tech alternatives.”
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Industry Roundtable: Building a Better Buffalo
“With more than $19.5 billion in development projects in the region’s pipeline, the past few years have been “the best of times” for those in the commercial real estate and development world. Whether it’s downtown or the suburbs, the demand for new projects has not slowed down.”
ISM: Manufacturing Continues To Be Positive In Iffy Environment
“Economic activity in the manufacturing sector expanded in October for the 34th consecutive month, and the overall economy grew for the 77th consecutive month, say the nation’s supply executives in the latest Manufacturing ISMReport On Business.”
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Medical Marijuana Companies Moving Forward With Albany Plans
“While a bill proposing to speed up access to medical marijuana sits on Gov. Andrew Cuomo’s desk, the companies licensed by the state to grow, manufacture and distribute it are moving forward with plans in the Albany area.”
Kraft Heinz Cuts Deal To Keep Upstate NY Plants Open
The Kraft Heinz Co. is closing seven manufacturing facilities in North America, the company announced Wednesday — but three plants in Upstate New York will be spared. The move, in all, will affect about 2,600 positions, according to the company, including an operation in Campbell, Steuben County.
How Many Jobs Could New York Lose From $15 Minimum Wage Hike?
“At least 200,000 jobs would be lost if New York raises the minimum wage to $15 an hour for all workers, according to an analysis by a conservative think tank. Leaders of business groups have been pushing back against a proposal by Gov. Andrew Cuomo to increase the minimum wage recently, with a broad coalition of trade groups rallying opposition on Wednesday.”