Bloomberg Business Week thinks that Musk, along with CEOs like him, can re-define the rust-belt with new tech companies. Musk has announced plans to establish a solar panel manufacturing company in Buffalo within the next year.
Local legend says it was 50 years ago when Teressa Bellissimo dropped fried chicken wings into a vat of hot sauce at the Anchor Bar. The result became Buffalo’s most celebrated export.
Now the city in western New York is banking on a different recipe that Mayor Byron Brown says will bring 12,000 jobs in the next three years: a collaboration among elected officials, businesses and universities. As part of the program, billionaire Elon Musk is opening the largest solar-panel factory of its kind in the Western Hemisphere.
Get Social: