There’s no question energy prices are skyrocketing, with more and more power consumers eating up less and less available resources. For manufacturers trying to become more sustainable in their operations, this is leaving them desperate to take whatever affordable sources of energy are available. It’s increasingly becoming a discussion point as the US makes strategic investments into its reshoring efforts. However, the key is not to abandon sustainability goals, but rather strategically find locations where affordable and available energy meets those goals.
Buffalo, for instance, in Western New York, is providing an affordable location for manufacturers looking to expand during this era of reshoring. The region’s particular advantage here is Niagara Falls, which provides affordable hydro power, courtesy of the New York Power Authority. This has given manufacturers of all sizes the ability to access low-priced energy whilst still meeting emissions goals.
Finding regions like Buffalo needs to be an imperative focus for manufacturers determining where to make an investment or expand into next. Sustainability and affordability don’t always need to be at odds with each other, as long as you know where to look.
Tom Kurcharski
President and CEO, Invest Buffalo Niagara
About Tom Kurcharski
Tom Kucharski has served as President and CEO of Invest Buffalo Niagara since 2000. Under his leadership, Invest Buffalo Niagara has grown from a start-up initiative to an innovative regional economic development organisation.
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