SolarCity is buying Silevo, which last fall announced plans to bring 475 jobs to the city under the Buffalo Billion Program. SolarCity is a much bigger operator and has plans to increase the planned manufacturing plant’s capacity five-fold, which would make it among the largest such facilities in the nation. More jobs are also anticipated, […]
Jim Heaney makes his debut as a columnist for City & State this week with a piece that puts Buffalo’s improved economy in perspective. Heaney notes a great and growing divide between “the haves and have-nots.” Yes, there is the psychological boost thanks to the Buffalo Billion initiative, and construction cranes denote progress at Canalside […]
Investigative Post editor Jim Heaney discusses the SolarCity deal, and the thinking behind the Buffalo Billion initiative, with WGRZ’s Danny Spewak in a 6 minute, 42 second interview taped Tuesday evening.
Chris Johnston, chairman of the Erie County Industrial Development Agency, has dug in his heels in the face of questions regarding his suspension and resignation from his private sector job. Johnston rejected a request from John Mills, chairman of the Erie County Legislature, to appear Wednesday before the Government Affairs Committee to answer questions about […]
Chris Johnston, acting chairman of the Erie County Industrial Development Agency, recently resigned as president of World Trade Center Buffalo Niagara after sources told Investigative Post a review of some aspect of the center’s finances prompted his board to suspend him. Johnston remains chairman of the ECIDA and has the “complete confidence” of Erie County […]
Demolition crews are in the home stretch of work to clear the northwest corner of Delaware Avenue and Chippewa Street for construction of new corporate headquarters for Delaware North. The project involves at least $10.6 million in tax breaks for the project developer, Uniland, and Delaware North, which will be the building’s primary tenant.
Gov. Cuomo’s announcement of a $55 million state investment to attract IBM to downtown Buffalo is pricey, but less so than the two previous Buffalo Billion projects that have been rolled out, Investigative Post editor tells WGRZ.
Billionaire venture capitalist Vinod Khosla, who was the subject of a controversial 60 Minutes program that aired Sunday, is a chief investor in one of the two cleantech companies moving here under the Buffalo Billion program. Soraa, which makes LED lighting, lists Khosla Ventures as one of its three top investors. Khosla Ventures general partner Samir Kaul is a member of Soraa’s board […]