Coronavirus/Covid-19 Information & Updates for Manufacturers

Buffalo Angels Have Busy 2020 and Fast Start in 2021

The Buffalo Angels, a group that invests in high-potential startups in the Western portion of Upstate New York, made a record-setting number of investments in first quarter of 2021.  This followed a strong 2020 in spite of disruptions caused by the COVID-19 pandemic. Buffalo Angels invests through both its member-managed funds and individual investments by

Up, Up and Away!

Today is National Space Day created to celebrate the pursuit of knowledge and progress in space.  WNY has played a big part in space exploration starting in the 1950s with the Agena rocket engines built in Wheatfield and continuing to the present-day Mars Curiosity Rover with ball bearings supplied by SKF in Falconer.  In fact,

U.S. Manufacturing Growth Cools

The Institute for Supply Management’s (ISM’s) PMI report for April showed continued growth in U.S. manufacturing, albeit at a slower rate.  The PMI was 60.7, a decrease of -4.0 from 64.7 in March (a reading above 50.0 indicates expansion).  According to ISM, “companies and suppliers continue to struggle to meet increasing rates of demand due

#TBT – Made in WNY: Buffalo gives birth to the Barcalounger

This Throwback Thursday we’re remembering the Barcalo Manufacturing Company founded 125 years ago this year in 1896.  It would become famous as the maker of the Barcalounger Recliner, but that is only part of the story for this supplier to Curtiss-Wright, Ford and the Larkin Company…. read more here!

CASE STUDY: Niagara Specialty Metals – Re-Establishing AS9100

COMPANY Niagara Specialty Metals (NSM) is a manufacturer of tool steels, high speed steels, martensitic stainless steels and controlled expansion alloys. They also provide conversion processing for titanium, temperature and corrosion resistant metals, electronic alloys and other difficult to manufacture metals. In business since 1982, NSM is an ESOP Company, 100% employee owned, with 39

Recent global upheaval has forced organizations to pivot in their planning. Did you do this successfully?

Do you have written goals and objectives that drive the behavior and decision-making in your organization? Strategic planning is a structured process that involves envisioning a desired future for your manufacturing business, and subsequently converting this vision into a set of defined goals and actions plans to achieve the vision. The Strategic Planning Process aligns your

NYS Manufacturing Spikes

The Federal Reserve Bank of New York’s Empire State Manufacturing Survey showed NY manufacturing growth jump to its highest level in three years.  The business conditions index was up +8.9 points to 26.3 led by increases in New Orders (+17.8 to 26.9 a record), Unfilled Orders (+17.2 to 21.2) and Delivery Times (+16.7 to 28.1). 

US Manufacturing Highest Since 1983

The Institute for Supply Management’s PMI Index for March 2021 registered 64.7, its highest level since December of 1983, indicating significant growth in manufacturing nationwide (a reading above 50.0 indicates expansion).  Of the 18 sectors tracked by the survey, 17 reported growth and none contracted.  This expansion is occurring despite some significant headwinds.  According to

ERP 2021 – Why Your Next ERP Implementation Will Most Likely Fail

I started this blog thinking I was going to write about the popular and sexy trends in the ERP industry for 2021.  I got about half way through writing this and then a voice in the back of my head kept saying that none of this will matter to over half the small manufacturers in

ACV Auctions IPO is a Win for the Region and for (Some) Buffalo Angels

Congratulations to Buffalo startup company ACV Auctions, which completed its’ Initial Public Offering of stock on the NASDAQ exchange on Wednesday at a close of day market valuation of $4.8 Billion.  ACV is a rapidly growing auto dealer online auction platform that is having a huge impact on the Western New York economy. The Buffalo