Well-Equipped for Advanced Manufacturing
Manufacturing makes up $6.3 billion in gross regional product (11% of the total) with the two largest export industries in our region (primary metal manufacturing and computer electronic products).
Not only has this industry been a mainstay of Buffalo Niagara since the 1800s, we remain ideally suited for the industry with both the workforce (66,000 skilled workers) and physical infrastructure advanced manufacturers need.
The cost of doing business for manufactures in New York has decreased with the recent elimination of state corporate income tax. There is also no sales tax on production equipment, no inventory tax and no personal property tax for manufacturers. So when you combine the lack of taxes with a number of infrastructure and workforce assets, you will have all the resources you need to succeed.
1,540 facilities | 61,303 jobs
23 majors | 3,478 graduates
0% State Corporate Income Tax for Manufacturing Companies
Lucrative incentives for manufacturing projects
3rd largest employment sector in the Buffalo Niagara economy, representing more than 60,000 employees
New state-of-the-art facility, Buffalo Manufacturing Works, providing applied R&D services in the areas of flexible automation controls, advanced materials and testing, additive manufacturing and machining & finishing
Extensive highway and rail network reaching 40% of the continental North America population in a day's drive
Low-cost, reliable electric infrastructure