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Western New York, July 2003

Business Expansions

New this Month

Niagara Falls (Niagara County) submitted a bid to Boeing on June 20 for the new Boeing 7E7 plant. Empire State Development Corporation proposed a site near Niagara Falls International Airport, along with other undisclosed sites in upstate New York. The plant would build Boeing's new jumbo jet and employ about 1,200 people.

Bank of America (Erie County) is adding 350 workers to its Amherst office, bringing total employment there to more than 1,000. The hiring should be completed by the end of the year.

Work will begin this summer on a $110 million Bioinformatics (Erie County) complex on the Buffalo Niagara Medical Campus. The expected completion date for the two building complex is late 2005. The Buffalo Life Sciences Complex will create up to 250 jobs within three to five years after its completion and help retain hundreds of existing jobs. Site work should begin in late August.

UPDATE: Groundbreaking for Viridian's (Niagara County) $7.4 million new research complex at the Niagara Falls International Airport began on June 27.

Home Depot (Chautauqua County) opened its 11 Western New York store in Dunkirk on July 3. The store employs 120 people.

3M will invest $28 million at its O-Cel-O (Erie County) manufacturing plant in the Town of Tonawanda. No new jobs will be created, but the investment will helps secure the future of the plant. 3M employ about 390 people in Tonawanda.

State officials announced that construction of a $17 million Niagara Falls conference center (Niagara County) would begin the week of June 28 at the site of the former Falls Street Faire The project is estimated to generate more than $13 million a year and would open by late next spring.

Business Contractions

New this Month

UPDATE: City of Buffalo (Erie County) As a result of the budget for the next school year, which went into effect on July 1, 46 division heads and school administrators, will lose their jobs. In June, teachers demonstrated in front of City Hall to express solidarity with 485 laid-off teachers and to demand that proportionate job cuts be made among district administrators.

Labor Disputes

New this Month

UPDATE: Goodyear Tire and Rubber Co. (Erie & Niagara Counties) and the United Steelworkers union broke off contract negotiations. The union represents 1,105 workers and about 800 retirees. No further talks are scheduled but work continues under the terms of the contract that expired April 19. Either side could cancel the temporary contract extension by giving three days notice.

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