Progress

Worksport sets $36M revenue target

Worksport expanded to West Seneca in 2022, establishing its headquarters and first U.S. production facility. The company was lured by a local coalition led by Invest Buffalo Niagara.

Worksport, which develops and sells clean energy solutions for various industries, recently announced a significant expansion its expected revenue this year.

The company, publicly traded on the NASDAQ (NASDAQ: WKSP), made West Seneca its headquarters and first U.S. production facility in 2022 after it was brought to the area by Invest Buffalo Niagara, with the support of the Erie County Industrial Development Authority and New York Power Authority.

The company announced its gross margin in May improved by 35%; a significant new distributor relationship with Meyer Distributing; and a $36M annual revenue target.

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