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A billion reasons to feel good about the local economy.

From Business Today:


Gov. Cuomo announced $1 billion in economic development funds for the Buffalo region. Now the Western New York Regional Development Council is looking for someone to help them spend it.

The council is looking for consultants qualified to help it find the right companies to invest in the region and share in the pot of state money. It wants someone who has experience and expertise helping municipalities recruit businesses.   


TomStruzik Local business leaders are feeling good about the future, according to a new survey. Upstate New York's private sector businesses reported feeling more optimistic about business conditions.

In fact, the Buffalo Niagara region's optimism is scoring higher than that of our neighbors in Rochester, Syracuse and Albany. We have higher expectations about overall business conditions here, but are specifically optimistic about revenues, profits and new-worker hires as we face the year ahead. The annual survey was sponsored by First Niagara Financial Group.


If a federal trade proposal is passed, it could hurt companies like Niagara Falls' Globe Metals. Sen. Charles Schumer is taking a stand against the proposal.

The U.S. Commerce Department’s Foreign Trade Zone Board is considering whether to license three foreign trade zone “subzone” applications that would allow for preferential access to imported silicon metal from China and Russia. 

Schumer said foreign metals would be unfairly low in price, hurting business at Globe Metals. He sent a letter saying so to the Board.




A local auto repair company has found itself in hot water with the Equal Employment Opportunity Commission. Millwood-based Mavis Discount Tire, which owns 110 Cole Muffler shops, is being sued by the EEOC.

The EEOC said Mavis discriminated against women applying for jobs at Cole Muffler shops, turning them down for positions even when they were more qualified than male applicants.  



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