Exhibit A-1

 

 APPLICATION SUMMARY

 

Expansion Power

 

Company:                                  Delaco Kasle Steel

 

Location:                                   Buffalo

                                                         

County:                                     Erie

 

IOU:                                          NIMO

 

Business Activity:                    Manufacturer of steel blanks for stamping plant for various auto body parts

 

Project Description:                  The project will included the purchase of land and the building of a 150,000 sq. ft. facility to process steel blanks used to produce various auto body parts.  The project will included the installation of equipment, including three 500 ton presses, three cranes and air compressors.  The new facility will have three bays used for storage, production and ready to ship products.

 

Prior Application:                     No

 

Existing Allocations:                None

 

Power Request:                        750 kW

                                                  

Power Recommended:             750 kW

 

Job Commitment:     

               Existing                       3  jobs

               New                             54 jobs

                                                         

New Jobs/Power Ratio:            72 Jobs/mW

New Jobs -

Avg. Wage and Benefits          $49,000

 

Capital Investment:                  $14,100,000

 

Capital Investment                   $ 18,800,000 Dollars/MW

Per MW

 

Summary:                                  Dealco Steel is a Michigan based steel processing company that will start operations in Buffalo. They cut steel coils into shaped pieces before it is stamped into a part.  A hydro allocation is very important to them and will help them lower their operating costs.