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Economy of Buffalo, NY


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Buffalo is home to Rich Products, one of the world's largest family-owned food manufacturers. Canadian brewer Labatt moved its US headquarters to Buffalo in May 2007. This is in large part due to Buffalo's location directly in the middle of the Northeastern Trade Corridor. The city is the heart of the Canadian-American corridor. Over 80% of all U.S.-Canada trade occurs via border crossings in the eastern United States and with five bridges to Canada, the Buffalo area is one of the key eastern border crossing locations. Cheese company Sorrento Lacteals is also based in Buffalo.

New Era Cap Company, the largest sports-licensed headwear company in the United States, is based in Buffalo. It opened new headquarters in 2007 in the former Federal Reserve Building in downtown Buffalo.

The windshield wiper maker Trico operated three major manufacturing facilities but has since closed all of them and moved operations to Mexico. In 1998, the company head office moved to Rochester Hills, Michigan.

For many years, Buffalo was the nation's second largest rail center, after Chicago. Peaked traffic reached during World War II, but declined soon after the war. Through the 1960s and 1970s freight traffic via Buffalo declined, air travel and the New York State Thruway took railway passengers away as well. By 1980, the rail hub in the city was gone.

Del Monte Foods' Milk Bone dog biscuits are still manufactured in a small factory on the city's East Side.

Regionally based insurance companies also have maintained their headquarters in Buffalo, New York. There’s Merchants Insurance Group and Lawley Insurance. Merchants Insurance Group is a property and casualty insurance company that provides commercial, personal property and casualty insurance throughout the Northeast and North Central United States. Lawley Insurance provides commercial insurance, employee benefits, risk management and personal insurance.

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