Expansions and Openings
New This Month
Tulip Molded Plastics Corp. has completed an $11.7 million expansion of its Niagara Falls plant. The plastics manufacturer had once threatened to move to Indiana, but incentives from the Niagara County Industrial Development Agency , National Grid, The New York Power Authority and Empire State Development, convinced the company to expand and keep the 80 jobs here in the area.
The Seneca Buffalo Creek Casino unveiled its nearly completed, $40 million expansion on March 9th. The once 5,000-square-foot, 133 slot machine casino, now covers 124,000-square-feet and includes over 1,100 slot machines and 32 table games. The expansion also added a new Bar and grille steakhouse, and coming soon a gift shop, a casual sit down restaurant and a high limit gambling area will be open. The latest expansion created 440 temporary construction jobs and 300 permanent jobs, bringing the total number of workers to the site to 800.
Life insurance and asset management company MassMutal will move into its newly renovated Amherst (Erie County) office next month. The company plans to hire 75 financial advisors across its three offices in Western and Central New York by the end of the year, including 25 in the Buffalo region. The Amherst office is the regional headquarters for the Rochester and Syracuse offices and currently has about 75 employees at the site.
Kentucky-headquartered restaurant chain Texas Roadhouse will open a second location in Western New York in Cheektowaga (Erie County) on March 20th. The new location will employ 178 people.
One of the Buffalo Niagara region’s largest employers, Moog Inc. is getting $3.6 million in tax breaks from the Erie County Industrial Development Agency for a $32.6 million expansion project. The motion control equipment maker in Elma (Erie) will add a 95,000-square-foot addition to its aircraft division’s facilities and add 42 new jobs to its 2,500 person workforce.
The Curtiss Hotel in downtown Buffalo (Erie County) is getting an additional $466, 000 in tax breaks from the Erie County Industrial Development Agency. The costs of converting the site into a 67-room upscale boutique hotel have risen more than $6 million since the IDA initially approved tax breaks for the hotel. Developer Mark Croce originally pledged to create 30 new jobs but that number has risen to 55. The hotel is expected to open in next month.
Layoffs and Closings
New This Month
PHH Mortgage Corp. announced it lay off 69 employees at its Amherst (Erie County) office at the end of June. This is the third round of layoffs that the company has announced since last September. The latest job cuts will leave about 30 employees of the company left in the region. Those workers will telecommute as the company will exit the building that it leases on Wehrle Drive in Amherst.
Texas-based electronics retailer Radio Shack has filed for bankruptcy for the second time in two years and will close 187 stores across the country, including seven in the Western New York area. Each of the stores will hold inventory clearance sales and will close as soon as the inventory is liquidated. Five locations will remain in the area after the following stores close:
New This Month
Workers at Aurubis Buffalo’s brass and copper plant in North Buffalo (Erie County) have approved a three-year contract. Members of United Steelworkers Local 593 ratified the deal more than a month before the previous contract was set to expire. The new deal, which will expire in March 2020, covers about 500 production and maintenance workers.
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