Niagara County has an experienced and educated labor force, supported by the numerous colleges, trade schools, and universities in the region. Wages and costs of living are below the United States average, allowing the area to be competitive both nationally and internationally.

Other sources of lower business costs include low cost power programs, competitive utility rates, easy access to capital, low tax rates, and affordable real estate prices. At 6.5% New York State has the lowest top marginal corporate tax rate in the Northeastern U.S., as well as having 0% tax on manufacturing! Lower tax paid on goods and services in your company’s vendor supply chain means lower overall production costs, allowing your product to be priced more competitively.

Strong industries in Niagara County include manufacturing, hospitality and tourism, and healthcare, providing the region with comparative advantages in these fields. Niagara County workers are also contributing to research in advanced fields such as bioinformatics, medical device technology, healthcare, pharmaceuticals, robotics, avionics, nanotechnology, and more.

New opportunities exist in our target industries including advanced manufacturing, green technology, cargo and logistics, information technology, healthcare, medical device manufacturing, hospitality and tourism, agribusiness, and other industries. We are building on our existing economic strengths and developing new avenues for growth. We can help your company expand or locate in Niagara County by providing site selection assistance, low-cost power, low-interest loans, workforce development assistance, industrial revenue bonds, real property tax abatements, sales tax exemptions, and more!

“The payment in lieu of tax agreement structured by the Niagara County Industrial Development Agency defrayed some of our initial operating costs, allowing our expansion. It also provides us with tax certainty, which helps us better understand our overhead.”

- Rick McIntosh, President, MAC's Antique Autor Parts, Lockport, NY