Empire State Development (ESD) announced that Buffalo Wire Works Co. will invest more than $5 million for the renovation and expansion of its manufacturing facilities on Buffalo’s East Side. A global leader in manufacturing screening media and wear parts for the mining, aggregate and industrial markets, the manufacturer will retain 179 employees and create 25 new jobs at its Buffalo locations.
“Buffalo Wire Works’ decision to continue growing and investing in its Buffalo facilities demonstrates its unwavering commitment to Western New York and shows what a significant asset and contributor it is to the region,” said Empire State Development Acting Commissioner and President & CEO-designate Hope Knight. “The company, which dates back to just after the end of the Civil War, is a mainstay of Buffalo’s East Side. It is with pride that New York State can assist this important company to stay and grow right where it began its legacy.”
Due to its business growth, Buffalo Wire Works needs to renovate and enlarge its Buffalo facilities and acquire additional property. Headquartered at 1165 Clinton Street, Buffalo Wire Works is seeking to expand further on the East Side of Buffalo to continue to develop its growing product lines. ESD will provide Buffalo Wire Works up to $233,000 in New York State Excelsior Jobs Program tax credits in exchange for creating 25 new jobs. ESD’s Excelsior Jobs Program encourages businesses to expand in and relocate to New York while maintaining strict accountability standards to guarantee that businesses deliver on job and investment commitments.
Buffalo Wire Works Chairman & CEO Joseph M. Abramo said, “We are extremely appreciative of Governor Hochul and the Empire State Development Corporation for their cooperation and economic incentives to further our business investment and expansion. Buffalo, New York has a supportive economic development agency, fabulous geographic location to our North American customer, an available manufacturing work force and exceptional academic institutions at all levels. These attributes made our site selection process easy. Our project will enhance our global competitiveness, leading to job opportunities and capital investment at our Buffalo locations.”
The company has a long-standing history of diversity and inclusion dating back to 1869, when it hired many Polish immigrants who settled in Buffalo. Today the manufacturer hires a large number of refugees and works closely with resettlement agencies to secure job pathways and training for these displaced populations. More than a third of Buffalo Wire Works employees are refugees. The company also recruits heavily from the University at Buffalo and employs 15 international engineers and management graduates from this highly regarded academic institution.
Senator Tim Kennedy said, “With this expansion, Buffalo Wire Works is making yet another strong investment in our local workforce and economy. Their commitment to growing their footprint in the Queen City, and doing so with a diverse and inclusive employee base, will only further foster new opportunities throughout our community. I’m pleased to see New York support this expansion, and thank Governor Hochul and Buffalo Wire Works for prioritizing strategic growth like this in Western New York.”
Assembly Majority Leader Crystal Peoples-Stokes said, “Buffalo Wire Works Co. has been a long-standing driver of Buffalo’s workforce for centuries. The company’s dedication to keeping and growing its operations on Buffalo’s Eastside combined with their outstanding commitment to having a diverse and inclusive staff is worth applauding. Congratulations to Buffalo Wire Works Co. and thank you Governor Hochul for supporting this worthy expansion project.”
City of Buffalo Mayor Byron Brown stated, “The continued growth and expansion of Buffalo Wire Works is more great news for Buffalo’s East Side. This $5 million investment, combined with the support of Empire State Development, will create new jobs, and continue to reinforce a positive message about Buffalo’s skilled manufacturing workforce and ongoing efforts to revitalize our economy in a way that’s equitable and inclusive. I thank Governor Kathy Hochul and Buffalo Wire Works Chairman & CEO Joseph M. Abramo for their long-standing commitment to Buffalo and congratulate them on this exciting project.”
Erie County Executive Mark Poloncarz said, “This expansion is especially good news for Buffalo’s East Side, which has been experiencing a resurgence in business activity and community-building investments that this announcement underscores. Buffalo Wire works is one of our areas oldest employers and has been the place where generations of local workers have created products used worldwide. Now the firm is expanding, adding new jobs and growing their footprint in Buffalo, demonstrating once again that Erie County is a good place for business.”
About Buffalo Wire Works Co.7
Buffalo Wire Works is a global leader in manufacturing highly engineered and innovative screening media and wear products. Its engineering depth is unsurpassed in the industry. Since 1869, it has been providing excellent quality screening media and wear parts for many industries, including aggregate, mining, industrial, recycling, asphalt, slag, green waste, topsoil and architectural. With 153 years of proven manufacturing and engineering experience, it has the knowledge to meet and exceed customer needs. For more information about Buffalo Wire Works, visit https://www.buffalowire.com/
About Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Kathy Hochul’s Regional Economic Development Councils and the marketing of “I LOVE NY” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contacts:
Pamm Lent
pamm.lent@esd.ny.gov
716) 846-8309
(716) 560-8815
Laura Magee
laura.magee@esd.ny.gov
(716) 846-8239
(716) 374-4246
