A Canadian company that specializes in making wooden radiator covers is opening up shop south of Buffalo to reduce shipping delays and costs because most of its products were being exported to U.S. markets.
Toronto-based Fichman Furniture will be hiring 15 people and investing $3 million at its new facility in Holland, Buffalo Niagara Enterprise announced Monday. The move was a “logical step” given where much of its business was going, and it enables the company to improve its bottom line by avoiding border-related holdups and reducing expenses for transportation and materials, BNE said in a press release.
“With so much of our product being exported, it was clear that a U.S. expansion would be an important next step for our company,” Erran Fichman, the company’s president, said in the release. “As we worked through the process, the affordability of our preferred site and the skill and productivity of the local workforce became primary factors in choosing the Town of Holland.”
The company, which began exploring the region in 2009, worked with BNE, the area’s economic development marketing arm, to identify real estate options and obtain information and resources for professional services to deal with issues such as immigration, taxes, accounting and banking. The firm’s new location at 430 N. Main St. is an 8,060-square-foot former furniture-manufacturing facility on 3.48 acres, formerly owned by Gordon E. Fisher.
For BNE, meanwhile, Fichman marks the latest example of a Canadian company that has decided to bring jobs and investment to Western New York since the group began aggressively marketing the region in Canada. The group has spent almost $1 million on marketing campaigns and initiatives since 2005 in a bid to draw attention from the north and has reported 56 cases of Canadian projects in the Buffalo Niagara region. Those projects have involved $511.9 million in investment and 1,216 new jobs.
“While today’s announcement marks the culmination of a great deal of due diligence, it also makes a strong statement about their commitment to growing their business in our community,” said BNE President & CEO Thomas A. Kucharski. “Their expansion to southern Erie County is proof that all corners of our eight-county region can be competitive in attracting business investment, and we are pleased to welcome them as our latest project win.”