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Western New York, January 2015

Business Expansions

New this Month

ID Federator will complete its relocation to Buffalo (Erie County) from its current headquarters in McLean Va. in the spring or early summer. The tech company, which specializes in technology that allows users to log-in to any website with their favorite social network credentials, announced its move in December as part of its acceptance into the Start-Up NY tax breaks program. The company plans to create 43 new jobs and invest $75,000 over the course of five years. The company will reside in UB’s Gateway Building in downtown Buffalo, joining several other Start-Up NY companies.

New Jersey- headquartered Dial America will host a hiring event at its expanding call center in Williamsville (Erie County). The company is looking to fill 125 new positions to answer incoming calls on behalf of companies in the financial services, entertainment and childcare industries.

After nearly two years of construction and delays, Walmart officially opened its doors in Lockport (Niagara County). In all, the Walmart superstore employs 300 people in full and part-time postions.

Eleven more businesses are expanding or locating near the University of Buffalo’s tax-free sponsored areas (Erie County) because of the START-UP New York program. The new businesses will create a total of 164 new jobs. The number of jobs they may generate, their initial investment and where they are located are:

1. ACV Auctions, a mobile auction app for automotive dealers, 23 jobs, a $50,000 investment, Z80 Labs technology incubator.

2. Asana Medical, a Florida company with a new therapy to treat ulcerative colitis, two jobs, $5,000, Buffalo Niagara Medical Campus Innovation Center.

3. Cloud62, a provider of design services for computer systems that works closely with Salesforce.com, 35 jobs, $48,000, UB’s Gateway Building.

4. Energy Intelligence, a Massachusetts company with a way to generate electricity from the movement of vehicles, 14 jobs, $157,000, Innovation Center.

5. Genetesis, an Ohio company developing a technology to track electrochemical activity through the skin of patients, 11 jobs, $70,000, Innovation Center.

6. HemoGenyx, a biotech company developing a treatment for blood diseases to improve the effectiveness of bone-marrow transplants, seven jobs, $180,000, Innovation Center.

7. Infonaut Holdings, a Toronto public health consulting business that uses real-time surveillance technology to prevent infections in hospitals, 10 jobs, $139,500, Jacobs Institute.

8. KeepUp, an app that pulls users’ social media channels into one news feed, seven jobs, $75,500, Innovation Center.

9. LED Spirit, a Nevada company with an energy-efficient, easy-to-manufacture, low-cost LED lighting technology for indoor and outdoor use, 37 jobs, $6.8 million, Gateway Building.

10. NE Innovation, developing new textiles for use in sports apparel and accessories, three jobs, $38,500, Baird Research Park Incubator.

11. Raland Therapeutics, creating a biosensor implanted in cancer patients to allow for better chemotherapy treatment, 15 jobs, $1.2 million, Innovation Center.

That brings total participation in the statewide program to 73 companies that pledged to spend more than $104 million and hire more than 2,400 new workers.

The Erie County Industrial Development Agency approved a $2 million loan to Gates Circle Holdings LLC. TM Montante, the lead developer for the abatement and remediation at the former Millard Fillmore Gates Circle Hospital in Buffalo (Erie County). The loan was the largest ever granted by the ECIDA’s RDC loan division. The loan will go toward removing ruptured underground storage tanks and contaminated soil on the property. The work is a necessary first step that the developer must complete before the project’s big-picture vision can unfold. Plans call for the site to include a Canterbury Woods retirement center, a YMCA community center, 500 residential apartments and a grocery store. The entire project could exceed $100 million and revitalize a site whose future was unclear when Kaleida Health moved the hospital’s operations to the Buffalo Niagara Medical campus almost 5 years ago.

Boston Valley Terra Cotta has been approved for a $1 million dollar loan from the ECIDA’s RDC loan division for its $2.6 million expansion project to buy machinery and equipment. The town of Boston-based company that makes and renovated nonresidential architectural terra cotta expects the expansion to increase its sales by $6 million and will add more than 20 jobs to its current workforce of 119 employees.

Business Contractions

New this Month

Workers at the Tyson Foods plant on Perry Street in Buffalo (Erie County) worked their final day on Friday, January 2nd. The packaged foods producer operated under the Russer Foods name in the same location from 1969 until 15 years ago when it was turned into a Tyson plant. Over 250 people have lost their jobs.

TLC Health Network has issued a layoff notice for 70 workers in the long-term care units at its Lake Shore Health Care Center in Irving (Chautauqua County). TLC filed a WARN notice with the NYS Department of Labor on January 6th, ahead of a potential closure of the unit in early April. TLC Health has been operating under Chapter 11 bankruptcy protection since December 2013.

Labor Disputes

New this Month

Nothing to report.

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