Company: Delaco Kasle Steel
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
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
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.