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Old 04-23-2019, 12:17 PM
 
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After Friendly's closures, Schumer pledges to close labor law loophole: https://www.innovationtrail.org/post...r-law-loophole

When does a minimum wage become too high?: https://www.innovationtrail.org/post...ecome-too-high
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Old 04-24-2019, 07:28 PM
 
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STATE BUDGET INCLUDES FUNDING FOR FOURTH YEAR OF DOWNTOWN REVITALIZATION INITIATIVE: https://www.cnybj.com/state-budget-i...on-initiative/
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Old 04-25-2019, 05:59 AM
 
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An interesting opinion piece from the Urban Phoenix that mentions the Amazon deal and WNY: https://theurbanphoenix.com/2019/03/...r-communities/
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Old 04-26-2019, 06:53 PM
 
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SOUTHERN TIER CLEAN-ENERGY INCUBATOR ATTRACTS 19 COMPANIES IN FIRST YEAR: https://www.cnybj.com/southern-tier-...in-first-year/

CENTERSTATE CEO ANNUAL MEETING DRAWS MORE THAN 1,200: https://www.cnybj.com/centerstate-ce...ore-than-1200/

Last edited by ckhthankgod; 04-26-2019 at 07:27 PM..
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Old 04-27-2019, 05:40 PM
 
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From the Buffalo News...

David Robinson: The hiring challenge is a hurdle – and it's getting higher


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Moog Inc. CEO John Scannell is looking for a few good engineers and machinists.

The Elma motion control equipment maker's business, especially its defense unit that has extensive operations in Buffalo Niagara, is doing well, but Scannell said the company is struggling to hire all the skilled workers it needs.

"Our defense business is going just great," Scannell said Friday as Moog reported first-quarter profits that more than tripled from a year ago on 4 percent sales growth. "Our biggest challenge is just hiring the right folks."

That's not an unusual complaint from businesses, with the local unemployment rate at a 29-year low of 4.1 percent. But it underscores the difficulty businesses have in convincing younger workers to pursue careers in manufacturing – long thought to be a dead-end career after decades of steep job losses – and developing the skills they need to fill those open positions.

For Moog, that means engineers with highly specific product design and manufacturing-related skills for its aerospace, defense and commercial motion control work. But it also means skilled production workers.

"It's also folks on the floor, the skilled machinists," Scannell said.

"It's very difficult to get skilled machinists," he said. "We're seeing it here in Western New York."

Timothy Glass, the regional economist for the State Labor Department in Buffalo, said the difficulties that companies are facing in hiring new workers is one reason why the region's job growth over the past two years has been disappointingly sluggish, averaging just 0.5 percent – or a third of the national growth rate – over the last three years.

"I think that's definitely a problem," he said.

Part of the problem is demographic. Our workforce is getting older, and the baby boomers – who by and large were the last lucky ones to snag manufacturing jobs when it looked like it still was an attractive career option and managed to survive the industry's devastating decline – are now heading off into retirement.

Part of the problem is perception. After decades and decades of job cuts at factories – nearly two of every five manufacturing position in the Buffalo Niagara region vanished during the last 30 years – industrial work fell off the radar as a career choice for students, who were increasingly funneled into a college-based career track by advisers, guidance counselors and parents.

Part of the problem is skills. There simply aren't enough young workers who have had the chance to develop the skills that now are coming into demand as the baby boomers retire and their jobs finally open up at companies like Moog. Local and state officials are trying to address that by shifting away from the old-style worker training programs that took more of a one-size-fits-all approach, in favor of new programs that are geared toward specific skills that are in short supply.

Moog is taking its own initiative, too. The company revived an apprenticeship program a couple of years ago to create its own conduit to the next generation of machinists, Scannell said.

And part of it is a shrinking labor pool, where many of the remaining workers who are looking for jobs face significant barriers to finding – and holding – one. Some can't pass a drug test. Others don't have a car and have to rely on public transportation, effectively ruling out jobs that aren't on a bus route. Others lack the basic reading and math skills that today's more demanding jobs require.

"The people we do have, who are looking for jobs, often have some kind of barrier," Glass said.

Of course, this isn't a problem that's unique to Moog. "All of our competitors are looking for the same folks," Scannell said.

A report to be released Monday by the Jobs With Justice Education Fund urges Buffalo Niagara employers to do more to overcome the barriers unemployed workers face, especially women and minorities. That could mean offering shuttle service for employees. Allowing applicants who fail drug tests to be retested. Higher entry-level pay and more investment by companies in job training.

“Manufacturing will continue to be a critical source of family-sustaining careers well into the future, but that will require that people are trained in the skills required," said Erin Johansson, the fund's research director and the author of the report.

For Moog, which has more than 2,000 workers at its Buffalo Niagara facilities, the hiring challenges are sending out ripples that affect its business in other ways.

It means being cautious about taking on new projects that would overtax its engineering capabilities at a time when the most obvious solution – hiring more engineers – isn't as easy as it sounds.

"It prevents you from taking on new business opportunities because you don't have the engineering staff," Scannell said.

It also means being more creative in managing work on the production floor. More weekend work. More overtime. Adjusting workflow to match the availability of certain equipment and the skilled workers who know how to run it.

"It's not optimal, and it ends up being reflected in the cost," Scannell said.

It also means that companies like Moog are tailoring their investments in new equipment and machinery in a way that reflects the realities of today's tight job market. Moog is looking into spending more on equipment that would make certain parts of its production more automated, said Donald Fishback, Moog's chief financial officer.

Still, as problems go, having more work than workers is a good one to have.

Moog's sales still grew by 4 percent during the first quarter and its earnings from operations, excluding one-time items, were up by 1 percent during the quarter.

"It was a pretty good quarter," Scannell said. "Business is solid. We're still hiring."

Source: https://buffalonews.com/2019/04/26/d...m=more_stories

I think this is why programs like PTECH and Advanced Manufacturing Training programs at local community colleges, like this one in the Plattsburgh area: Institute for Advanced Manufacturing at Clinton Community College are still very much relevant and important.
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Old 04-27-2019, 08:53 PM
 
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REM-tronics acquired by Gowanda Components Group

Gowanda Components Group has added another company to its portfolio, acquiring Dunkirk-based REM-tronics.

REM-tronics was privately held but GCG declined to name the previous owner, citing his wishes.

Gowanda Components will maintain the REM-tronics factory on Brigham Road and seek to grow its 80-person team, rebranded under a business unit called Gowanda REM-tronics.

Gowanda Components Group is owned by Florida-based Addison Capital Partners. Following the acquisition, it has about 400 employees at six locations.

REM-tronics' "proximity to GCG’s headquarters facilities in Gowanda will enable us to readily nurture and pursue opportunities that leverage our combined strengths, to help our customers be successful,” said Don McElheny, CEO of Gowanda Components.

Source: https://www.bizjournals.com/buffalo/...irk-based.html


Also...

$430 million sale of East Fishkill plant a 'win-win' for GlobalFoundries and ON Semi, analysts say

GlobalFoundries' decision to sell its East Fishkill plant to ON Semiconductor Corp. for $430 million is a win-win for the computer chip makers, say two industry analysts.

Part of the reason why is that GlobalFoundries is a high-volume manufacturer, but the plant in Dutchess County is fairly small, said Len Jelinek, an analyst for information and insight firm IHS Markit.

"Depending on the process flows, it's only 12,000 to 15,000 wafers a month. So when you look at the big scheme of things, this isn't necessarily in the sweet spot of high-volume manufacturing," Jelinek said. "What GlobalFoundries is doing, as their CEO Tom [Caulfield] has talked about, they're optimizing their manufacturing. They're not in the mode of expanding, but they're in the mode of optimizing in profitability."

ON Semiconductor (NASDAQ: ON) focuses more on analog design, which will allow the Fortune 500 company, headquartered in Phoenix, Arizona, to get more out of the facility.

(Analog semiconductors regulate functions like temperature, sound and electrical current, while digital semiconductors process binary information that computers use.)

"It won't be double in size in terms of output, but it's going to be more than 1 1/2," Jelinek said. "It will actually be their most advanced facility at a reasonable price."

ON Semi plans to invest more than $720 million — which includes the $430 million purchase price — over 10 years at the East Fishkill manufacturing facility.

Empire State Development Corp., the state's economic development agency, will provide up to $17.5 million in grants toward ON's purchase of the property, facility and manufacturing equipment. ESD will also provide $22.5 million in Excelsior Jobs Program tax credits over 10 years.

The deal, announced Monday, is subject to regulatory approval and other closing conditions.

Jim McGregor, an industry analyst at TIRIAS Research in Phoenix, said he was surprised ON Semi was acquiring a fab, after the company had closed some of its facilities. He believes it's a good move for the company, which has been diversifying its product portfolio.

"It's not a large fab, but it is a state-of-the-art fab," McGregor said. "It's good for ON and it's also good for that facility, which once again has a lot of potential and has had a lot of investment put into it in by IBM."

McGregor, who used to work for ON Semiconductor, including overseeing its spinoff from Motorola, said it's a good move for GlobalFoundries, too.

"Let's face it, GlobalFoundries' focus is on Malta and Dresden, [Germany]," McGregor said. "This is a win-win for everyone involved."

GlobalFoundries, which employs 3,000 people at its $15 billion plant in Malta, shifted its strategy last year to focus on design and innovation of 14-nanometer chips after setting aside efforts to make 7-nanometer chips.

IBM paid GlobalFoundries $1.5 billion in 2015 to take over the East Fishkill facility, as well as one near Burlington, Vermont.

Jelinek believes GlobalFoundries will hold onto its Vermont factory for now.

"The issue with the Burlington factory is it runs some very critical products for GlobalFoundries in the wireless communication area," Jelinek said. "It's a chicken and an egg. They would have to relocate all of that product to other facilities and that might be very difficult because it's some specialty processes, so I think for the short term, GlobalFoundries will maintain a presence in Burlington."

Jelinek is also based in Phoenix. He said ON is an up-and-coming player in the analog chip making space, chasing market leader Texas Instruments.

"This will help them close the gap," Jelinek said. "It's kind of a win-win for both companies."

Source: https://www.bizjournals.com/albany/n...-analysts.html
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Old 04-29-2019, 05:11 PM
 
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Canopy Growth selects location for Southern Tier industrial hemp facility: https://wbng.com/news/breaking-news-...hemp-facility/
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Old 04-30-2019, 03:17 PM
 
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Report finds challenges to filling manufacturing jobs: https://www.innovationtrail.org/post...facturing-jobs

Business Report: Will the Senior PGA Championship be a economic boon?: https://www.innovationtrail.org/post...-economic-boon
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Old 05-02-2019, 02:22 PM
 
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Wegmans offers app to let you scan as you shop: https://www.innovationtrail.org/post...-scan-you-shop

Frontier Communications to cut 280 jobs in Henrietta: https://www.innovationtrail.org/post...jobs-henrietta

Wegmans announces opening date for first NYC store: https://www.innovationtrail.org/post...irst-nyc-store
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Old 05-07-2019, 09:38 AM
 
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Business Report: Frontier jobs out in Henrietta...new jobs coming in?: https://www.innovationtrail.org/post...ew-jobs-coming

Farmworkers’ bill of rights stands best chance of passage in decades: https://www.innovationtrail.org/post...assage-decades
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