From Business Today:
Sen. Kirsten E. Gillibrand wants the United States to get tough on China and take measure to ensure fair competition and a level playing field. Gillibrand visited Curtis Screw in Buffalo, which supplies components to the auto industry and exports to China. Gillibrand said the Chinese government is manipulating its auto parts exports to knock out U.S. competition and that systems need to be put in place to allow U.S. manufacturers to compete with Chinese manufacturers instead of the Chinese government.
In an effort to cut costs, Gov. Cuomo is ending a contract with a firm to represent New York's trade interests in Toronto.
The firm helps bring Canadian companies to Western New York and encourages importing and exporting between Ontario and Western New York. Cuomo said the move will not affect New York's ability to Canadian land business, but critics said it will weaken economic ties.
Rand Capital Corp.'s investment value increased by 2 percent during the fourth quarter. The increase is being attributed to an increase in the value of its stake in a West Seneca maker of automatic riveting machines. The value of Rand's stake in Gemcor rose by 31 percent or $1.3 million. Rand's portfolio grew to $24.4 million, or $3.58 per share, up from $23.8 million, or $3.50 per share the previous quarter.
Four Western New York companies are considered among the best places to work in the state, according to a new list. The survey, put together by the New York State Society for Human Resource Management Council, awards 50 companies as contributing to economic development while having a pleasant working environment. Making the list are Horizon Health Services, Independent Health Buffalo, MBMS Inc. and Goldberg Segalla LLP.
Who is getting hired, promoted and honored?
taggedAuto Industry | Economic Development | The Economy