Tag: economic development

May 26

2016

Building a diverse pipeline for the trades

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Pre-apprentice programs that prepare minorities to enter the building trades are critical to diversifying the construction workforce, a national expert said Wednesday at an event hosted by Investigative Post. Buffalo needs a “big pot of money” for apprenticeship programs bolstered by community groups that work together to promote diversity in the construction trades, said John Goldstein, a national expert in workforce diversity in construction. “That seems like one critical piece that might be missing,” said John Goldstein, a national expert in workforce diversity. That money could come from contractors, foundations or be included in project labor agreements, he said. Download Goldstein’s[...]

Posted 8 years ago

May 20

2016

Heaney talks SolarCity on ‘Pressroom

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Investigative Post Editor Jim Heaney and Susan Arbetter of The Capitol Pressroom discuss the latest developments involving the SolarCity project in Buffalo, including a reduction in planned factory jobs from 1,460 to 500. The interview, taped Thursday, runs from 22:30 to 37:19.

Posted 8 years ago

May 13

2016

SolarCity slashes Buffalo factory commitment

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SolarCity has sharply reduced its job creation commitment for the solar panel manufacturing plant under construction in Buffalo from 1,460 to 500 jobs, according to state records and filings the company submitted to the Securities and Exchange Commission last fall. The company remains committed to a total of 1,460 jobs in Buffalo, but the majority of them will not be employed at the plant. Documents do not specify what kind of jobs they might be. “With new advanced semiconductor manufacturing equipment that enables automation, we believe 500 is the minimum number of manufacturing jobs the factory will require,” said Kady Cooper,[...]

Posted 8 years ago

May 10

2016

How to diversify the building trades in Buffalo

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  When Minnesota lawmakers agreed to put millions of dollars toward building a new football stadium for the Minnesota Vikings, contractors were told they had to what some thought impossible: ensure that minorities accounted for a third of the construction workforce. Work on the $1.1 billion stadium is wrapping up, and contractors, despite their initial skepticism, have not only met the 32 percent goal but exceeded it, reaching 36 percent minority participation. This kind of ambitious goal-setting has been absent on major projects in the Buffalo area. The minority workforce goal was just 13.2 percent on the $130 million renovations[...]

Posted 8 years ago

May 10

2016

Yet more bad news on SolarCity

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I’ll dispense with the MayDay! declarations of past and get to the latest double-barrel dose of bad news regarding SolarCity. The company released its first quarter earnings report Monday afternoon and it was drenched with more red ink than usual. SolarCity lost a record $283.1 million. That was double the $149.9 million it lost for the same period in 2015. The stock market reacted as you’d expect, with the trading price dropping by 21 percent from the close of trading Monday to Tuesday. SolarCity is now going for $17.54 a share, down from $57.26 as recently as mid-December. Yet another crisis in[...]

Posted 8 years ago

May 2

2016

Cuomo’s M.O. enables corruption

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One Albany insider told The Buffalo News over the weekend that “everyone is literally flabbergasted” at the turn of events in the federal probe of what can safely be termed the “embattled” Buffalo Billion program. I suppose the spectacle of Cuomo insiders turning on each other as the governor scrambles into damage control mode is a bit jarring. But no one who has been paying attention to Cuomo’s governing style in general, and his administration’s management of the Buffalo Billion program in particular, should be the least bit surprised. In short, the Cuomo crowd is obsessed with secrecy and operates[...]

Posted 8 years ago

Apr 29

2016

Buffalo Billion probe targets Cuomo insiders

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U.S. Attorney Preet Bharara’s investigation into the Buffalo Billion, triggered by Investigative Post’s relentless reporting, appears to have targeted members of Gov. Andrew Cuomo’s inner-circle. The feds issued subpoenas to the governor’s office Friday, and, in turn, the Cuomo administration announced its own investigation and issued a press release that appeared to throw one or more close associates under the bus. Folks, this could get real ugly real quick. Those under scrutiny include Joseph Percoco, a top Cuomo aid and political enforcer who recently left the administration; longtime associate and lobbyist Todd Howe; and Alain Kaloyeros, the so-called nanotech guru who the[...]

Posted 8 years ago

Mar 14

2016

Buffalo: Real State of the City

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Buffalo is doing better, but is it doing as well as the politicians and much of the local press would have us believe? The answer, in a word, is “no.” That was the bottom line to my address Feb. 24 at the Burchfield Penney Art Center. Progress has been overstated. There’s a lot of racial inequality. We’re a high-crime city where few criminals get caught. And Buffalo is a ward of the state. Charlotte Keith and I dug deep into the data to provide a factual, statistical framework on which I based my conclusions. Here they are, in a nutshell:[...]

Posted 8 years ago
Investigative Post

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