Exhibit B-2

 

APPLICATION SUMMARY

 

Expansion Power

 

Company:                                  Associated Brands, Inc.

 

Location:                                   Medina, New York

                                                         

County:                                     Orleans

 

IOU:                                          Niagara Mohawk

 

Business Activity:                    Manufacturer of dry food products

 

Project Description:                  The project will include the installation of new machinery and equipment. This includes blending and packaging equipment, HVAC, dust-collection equipment, two ribbon mixers, four bracelet-filling lines and associated equipment. In addition, the company will be modifying the interior of its building to accommodate the new equipment.

 

Prior Application:                     Yes

 

Existing Allocations:                1,000 kW of PFJ power (Ontario Foods)

 

Power Request:                        1,170 kW

                                                  

Power Recommended:             170 kW

 

Job Commitment:     

               Existing                       208 jobs

               New                             21 jobs

                                                         

New Jobs/Power Ratio:            124 jobs/MW (based on 170 kW)

 

New Jobs -

Avg. Wage and Benefits          $31,000

 

Capital Investment:                  $950,000

 

Capital Investment                   $ 5,588,235/MW

Per MW

 

Summary:                                  Associated Brands distributes products to the top 75 supermarket chains in North America. The company is seeking a hydro power allocation to help ensure that it remain an attractive option for the current and future production requirements of the corporate office. The company must reduce its cost to remain completive.