Episode 176
From Rust Belt to Tech Hub: Buffalo's 25-Year Transformation with Tom Kucharski
June 2nd, 2025
32 mins 29 secs
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About this Episode
In this episode of the Econ Dev Show, host Dane Carlson sits down with Tom Kucharski, President and CEO of Invest Buffalo Niagara, who has led the organization's transformation efforts for 25 years. Kucharski shares how Buffalo evolved from being the 8th largest U.S. city in 1960 to experiencing devastating industrial decline, and then orchestrating a remarkable comeback that includes the first population growth in decades.
He discusses the region's competitive advantages including clean hydroelectric power from Niagara Falls, the 43 North business plan competition (the largest in the country with $1 million prizes), and securing the nation's only semiconductor tech hub designation. The conversation covers Buffalo's evolution into a hub for manufacturing, life sciences, and technology, while addressing new challenges like housing shortages that come with rapid growth and success.
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