BUFFALO WATCH: More Paychex for Western NY

Tom GolisanoPaychex founder Tom Golisano is helping a Start-Up NY company in Buffalo make its jobs promise.

In another non-Long Island score for Gov. Andrew Cuomo’s Start-Up NY program, former Buffalo Sabres owner Tom Golisano is spearheading a “multi-million-dollar investment” that will bring 267 new jobs to Western New York.

The undisclosed investment by Golisano, founder of Rochester-based payroll-services company Paychex, will help tech manufacturer Bak USA create 167 new positions and expedite the creation of 100 jobs the company committed to when qualifying for Start-Up NY tax benefits.

Bak USA, one of the first U.S. firms to manufacture its own brand of electronic personal-computing tablets, fills 10,000 square feet of space on the top floor of the former Sheehan Memorial Hospital in Buffalo.

“We are continuing to see that Western New York’s economy is on the move,” Cuomo said in a statement. “It goes to show the private sector is taking notice of Buffalo’s resurgence.”

Bak USA, which has set an ambitious sales goal of 80,000 “Bak Board” PC tablets before the end of 2015, was one of the first Buffalo-based companies to apply for Start-Up NY benefits. It plans to “engage SUNY Buffalo engineering students in a senior design course that will provide students with hands-on experience and help the company advance product development and efficiency,” the release noted.

Golisano will not assume a management role at the company but will “lend significant strategic and valuable assistance to Bak USA as needed,” the statement said.

“I’m pleased to make a substantial investment in Bak USA,” Golisano, adding the investment will help the company fulfill its 100-jobs promise “within the next year” and add those other 267 new positions “within the coming years.”

 


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