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Western New York, May 2017

EXPANSIONS AND OPENINGS

New this month

A Canadian hotel developer is proposing to build a $70 million luxury hotel and water park on the U.S. side of Niagara Falls (Niagara County). Michael DiCienzo’s company has proposed a 200-room upscale hotel with oversized suites to be added on top of the existing Sheraton at the Falls hotel along with a 40,0000-square-foot “daredevil-themed” water park. The proposed water park would be located almost next door to Uniland Development’s planned Wonder Falls resort, a project that has already received state subsidies. The project would create about 165 full-time jobs and generate about $6.5 million in annual tax revenue for the city of Niagara Falls. (May 2, 2017-The buffalo news)

Sumitomo Rubber USA is planning an $87 million expansion of its tire production facility in the Town of Tonawanda and will receive 1.5-megawatts of low-cost hydropower from the New York Power Authority to do so. The expansion will allow the company to double its passenger tire capacity from 5,000 tires a day to 10,000. 30 new jobs will be added to the company’s current workforce of 1,240 workers. (May 3, 2017-The Buffalo news)

Online automotive marketplace ACV Auctions will hire 100 people two months after receiving major expansion funding from California-based Bessemer Venture Partners. The company announced it will expand into eight new markets and needs staff to support those areas as well as its Buffalo headquarters. ACV Auctions created a smartphone app that allows car dealers to sell their unwanted vehicles in 20-minute online auctions rather than through conventional auctions that are held weekly. The company earns a fee from each sale and contends its online auctions are cheaper and more efficient than in-person auctions. (May 22,2017-The Buffalo News)

HSBC Bank USA is closing an office in Delaware and will relocate an unspecified number of those jobs to the Buffalo Niagara region. The 450-person office will close by the end of 2018. About 400 of those job, which include internal operations, financial crimes risk, and global liquidity and cash management, will be moved in stages to other HSBC locations, primarily in Chicago and Buffalo. (May 23, 2017-the Buffalo news)


LAYOFFS AND CLOSINGS

New this month

According to a WARN notice filed with the Department of Labor, Skyes, a customer contact management and solutions company, will layoff 71 employees in September. The company, citing economic reasons, will officially close its doors on November 15, 2017. (May 5, 2017)

Nationstar Mortgage in Elma (Erie County) is closing its doors in August. The mortgage company cites economic reasons for the closing that will affect 179 workers. They have file a WARN notice with the Department of Labor. (May 23, 2017)

LABOR DISPUTES

New this month

AT&T wireless workers, including 75 in Western New York, are threatening to strike after their union, The Communications Workers of America, opted not to extend an expired contract. The contract between AT&T and the CWA expired in February of this year. (May 3, 2017-The buffalo News)

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