Tag: economic development

Sep 27

2023

Orleans County doubles down on pipeline opposition

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Orleans County lawmakers, already engaged in a legal battle over a wastewater pipeline for a major Genesee County industrial park, adopted a resolution on Tuesday that solidified the county’s position, further entrenching the government against the neighboring economic development agency. Orleans County two weeks ago sued the Genesee County Economic Development Center — that county’s industrial development agency — in State Supreme Court over a sewage line for the Science, Technology and Advanced Manufacturing Park [STAMP] located in Genesee County’s Town of Alabama. The county asserts the Genesee County EDC has illegally pursued and funded eminent domain proceedings on its[...]

Posted 5 days ago

Sep 14

2023

Lockport IDA subsidies likely despite AI fake

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In July, a plastics manufacturer gave the Lockport Industrial Development Agency a fake study generated by artificial intelligence to support its request for subsidies. Thursday, the IDA signaled that it’s prepared to give the company $312,000 in tax breaks anyway. Two months ago, SRI CV Plastics gave the IDA’s board of directors an abstract and citation for a study that purported to show the safety and benefits of PVC pipes, which the company wanted to manufacture. A group of 48 environmental groups are protesting the project, arguing that a public agency in New York should not be subsidizing a plastics[...]

Posted 3 weeks ago

Sep 11

2023

A high-stakes battle between WNY counties

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In an unusual move, one Western New York county has sued a neighboring county’s industrial development agency in an effort to stop a key component a major economic development project. Orleans County filed a complaint Monday in state Supreme Court against the Genesee County Economic Development Center, seeking an injunction to stop the construction of a wastewater pipeline that will service the Science, Technology and Advanced Manufacturing Park, known as STAMP. The Genesee County EDC “started construction without having all their ducks in a row and did so at their own risk,” Jennifer Persico, an attorney representing Orleans County, wrote[...]

Posted 3 weeks ago

Sep 3

2023

Monday Morning Read

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You could have read this yesterday if you subscribed – for free – to WeeklyPost. Sign up here. Buffalo Business First last week published a list of 60 companies that have received funding over the past eight years through the 43North program, which is intended to promote the growth of start-up businesses in Western New York. (Data could not be located on four others.) The list was accompanied by an in-depth story. I’ve done a lot of reporting in the past on economic development, for both Investigative Post and The Buffalo News, and took a deeper dive into the data. (It was fun to[...]

Posted 4 weeks ago

Aug 9

2023

Niagara IDA extends Amazon tax breaks

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Amazon’s stalled warehouse project in the Town of Niagara won a reprieve Wednesday. The Niagara County Industrial Development Agency, in a unanimous vote, granted the e-commerce giant a six-month extension on a package of $124 million in property, sales and mortgage tax subsidies tied to its proposed  distribution center. That means Amazon has until February 2024 to close on the subsidies the agency granted one year ago for its planned 3 million square-foot facility on Packard Road. Board Chairman Mark Onesi said the IDA could vote on two more six-month extensions, meaning Amazon could have until February 2025 to begin[...]

Posted 2 months ago

Aug 7

2023

No action on Amazon’s warehouse in Niagara

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One year after winning $124 million in tax subsidies from the Niagara County Industrial Development Agency, Amazon has taken few steps to build its promised 1,000-employee warehouse in the Town of Niagara. On Monday, the 217 acres of land along Lockport Road where Amazon plans to build its three-million-square-foot facility remained vacant. No earth had been moved, no stakes were in the ground. No construction equipment was present. In response to the delay, the IDA is now poised to grant Amazon a six-month extension on its subsidy package. The extension — which the IDA’s board will consider Wednesday — indicates[...]

Posted 2 months ago

Jul 27

2023

Mayor, Council cut deal to bail out Braymiller

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The Buffalo Common Council on Thursday voted to approve a package of  funding for small businesses across the city, a pot of money Mayor Byron Brown’s administration conjured out of pandemic relief aid to make a $563,000 forgivable loan to a downtown grocery store more palatable to lawmakers. Under the plan, Council members will each have $389,000 earmarked for small business grants in their districts, with an additional $2 million in loan funding also available. That $5.5 million package passed Thursday alongside a plan that reallocates $59.9 million of federal American Rescue Plan Act funding from various proposed community programs[...]

Posted 2 months ago

Jul 13

2023

Company seeking subsidies circulates fake study

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A plastics manufacturer seeking tax breaks to build a plant in Lockport has put its application on hold after being called out Thursday for circulating a summary of a study that was fabricated and produced by artificial intelligence. Prior to a public hearing Thursday, the India-based firm SRI CV Plastics, seeking $312,000 in subsidies from the Lockport Industrial Development Agency, provided the agency’s board a one-page summary of a study that touted the safety of PVC pipes, one of the products the company plans to make at the plant. A University at Buffalo professor, Lourdes Vera, called out the company’s[...]

Posted 3 months ago