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August, 2016

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  • August, 2016
Senator Ortt’s Red Tape Reduction Act

Senator Ortt’s Red Tape Reduction Act

  • August 17, 2016
  • Breaking NewsChamber NewsCommunity News

The Niagara USA Chamber joined Senator Ortt this morning to offer theirIMG_3338 support for the Red Tape Reduction Act. Deanna Alterio Brennen, President & CEO, stated that  the Niagara USA Chamber encourages this movement to actively change the process and create a more competitive environment for small businesses so they can create new jobs.

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FOR IMMEDIATE RELEASE

August 17, 2016

Contacts:
Antoinette DelBel
Kevin Crumb

ORTT PUSHES FOR BUSINESS-FRIENDLY BILL TO CUT “RED TAPE”
Senator Ortt’s Red Tape Reduction Act Reduces Amount of Burdens Placed on Businesses
NORTH TONAWANDA – Senator Rob Ortt (R,C,I – North Tonawanda) joined local business advocates and employees of Audubon Machinery at the North Tonawanda factory today to push for his proposedRed Tape Reduction Act, which would cut red tape and allow businesses to thrive.

As part of Ortt’s “Shake up the Status Quo” plan, the Red Tape Reduction Act will be one of his top legislative priorities moving forward. The legislation currently sits in the Rules Committee.

“For several years, the business climate throughout the state has not been able to effectively progress due to excessive and outdated governmental regulations that no longer fall in line with the ever-changing economic challenges across the globe,” Senator Ortt said. “This bill would cut through the bureaucratic red tape that’s focused on compliance rather than real solutions and has hindered the growth of economic development. Purging old regulations would pave the way for a stronger, friendlier business climate that would bring in more business and create jobs.”

The Red Tape Reduction Act would control the amount of governmental burdens placed on businesses that ultimately affect the cost of doing business. The legislation would help to improve New York State’s economic environment by eliminating or amending existing, duplicative state regulations when a new one is adopted. In the end, this would offset the projected cost of a newly adopted regulation on a business.

Audubon Machinery Corporation Owner Joe McMahon said, “We live and work in a 21st century economy, but we unfortunately deal with regulations and mandates that are inarguably outdated and clearly unnecessary. They add costs to businesses. They add costs to consumers. And they ultimately make operating and succeeding in the New York economy that much more challenging.”

North Tonawanda Mayor Art Pappas said, “I can say with great confidence, what Senator Ortt is proposing is a much needed boost to owners of a small business throughout the state, North Tonawanda being no exception. The goal of any business is to grow. This legislation would be a great step in the right direction in making it easier for these business owners to do just that. It’s good for them and it’s good for the overall health of municipalities as well. I applaud the Senator for his diligent work in the matter, and I’m hopeful this legislation will move forward.”

Unshackle Upstate Executive Director Greg Biryla said, “New York’s regulatory environment has proven to be toxic to the manufacturers, small businesses and family farms that drive the Upstate economy. The unnecessary red tape created in Albany hurts investment, job growth and competitiveness. Senator Ortt should be commended for his efforts to address the problem and Unshackle Upstate encourages other legislators to get serious about improving the state’s business climate.”  

Niagara USA Chamber President & CEO Deanna Alterio Brennen said, “We applaud the Senator for recognizing that government cannot continue to burden businesses with outdated and duplicative regulations that stifle growth. The Chamber encourages this movement to actively change the process, so that small businesses can invest in and create new jobs.”

President & CEO of the Buffalo Niagara Partnership Buffalo Niagara Partnership Dottie Gallagher-Cohen said, “Employers across Buffalo Niagara consistently rank New York’s high taxes and crushing regulations as the number one obstacle to job growth and business expansion. The Red Tape Reduction Act is not a silver bullet, but it will force Albany to think twice before adding yet another job-killing regulation to the books.  I want to thank Senator Ortt for understanding the burdens New York employers face and for working with us to improve the Upstate economy.”

The Red Tape Reduction Act is modeled after the Red Tape Reduction Act law enacted in Canada.

 

GEICO Job Expansion

GEICO Job Expansion

  • August 10, 2016
  • Community NewsMembers in the News

GEICO to add 600 jobs to Amherst center as part of $15 million expansion

Aug 9, 2016, 8:19am EDT Updated Aug 9, 2016, 2:27pm EDT
James FinkReporterBuffalo Business First
Geico is ready to bulk up its already significant operation in Amherst with a $15 million expansion and the addition of 600 jobs.

Geico officials along with Gov. Andrew Cuomo confirmed Tuesday plans by the national company to grow its local workforce while making a combined public- and private-sector investment of slightly more than $15 million.

Geico, which already owns a 255,467-square-foot building in Uniland Development Co.’s CrossPoint, will be occupying the 86,000-square-foot 150 CrossPoint building in the business park.

Geico will be investing $11 million in the project, mostly in the form of new equipment for the call center.

Empire State Development is offering another $4 million and the Amherst Industrial Development Agency is expected to consider a series of tax breaks and incentives related to the project. The public-sector incentives, from both the state and Amherst, are considered crucial for the project to advance.

“We’re ever mindful that GEICO’s success is due to the talent and total commitment of our associates,” said Tony Nicely, GEICO chairman and CEO .“Our Buffalo associates have taken a start-up operation with 75 people in 2004 and built it into an outstanding business enterprise that serves hundreds of thousands of customers across the entire Northeast U.S. These growing operations call for the opening of a second facility. We couldn’t be more pleased to keep hiring and keep growing.”

Since it opened the Amherst center, Geico has hired 2,670 people and is one of the largest private-sector employers in Amherst.

The deal comes three months after Geico paid just over $23 million for its 255,467-square-foot CrossPoint Business Park center, buying from Uniland’s TCC Building R Associates L.P. affiliate.

The sale price had been negotiated as part of a lease package Geico had with Uniland.

Geico had the option to buy the building from Uniland in a clause dating back to its original lease with the developer. The transaction was anticipated.

Geico is part of the Berkshire Hathaway corporate empire. Berkshire Hathaway chairman Warren Buffett’s holding include the Buffalo News.

James Fink covers real estate, commercial development and government

Get Contact Information for GEICO.

geico

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