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NYPA Approves Low-Cost Hydropower to Support Grand Island Pharmaceutical
Company’s Plans to Add 30 Jobs
Contact
Jack Murphy
914-390-8198
jack.murphy@nypa.gov
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November 23, 2004
FOR IMMEDIATE RELEASE
ALBANY—A Western New York pharmaceutical
company—Fujisawa Healthcare, Inc.—has pledged to create 30 new jobs in
return for low-cost hydropower from the New York Power Authority’s
(NYPA) Niagara Power Project in Lewiston.
“It’s great news for Western New York because the
expansion will further solidify the future of Fujisawa Healthcare’s
state-of-the-art operation,” said Louis P. Ciminelli, NYPA chairman.
“We’re delighted to help make this possible through our allocation of
low-cost hydropower.”
The new jobs, which will be added over the next
three years to a work force of 109, are in connection with plans by
Fujisawa for a $9 million expansion of its manufacturing facility in
Grand Island, including a quality-control laboratory.
The facility, at 3125 Staley Road, currently
produces a non-steroidal topical ointment, trademarked as Protopic, for
treatment of moderate to severe eczema. The planned expansion will
permit the production of two additional dermatological prescription
medications, for psoriasis.
The NYPA trustees approved an allocation of 700
kilowatts (kw) for Fujisawa from a block of hydropower known as
replacement power. The 445,000-kw block, like a second, smaller amount
of Niagara power called expansion power, is reserved for businesses
within a 30-mile radius of the project switchyard, in Niagara, Erie and
Chautauqua Counties. Together, the two blocks of power, totaling 695,000
kw, are some of the lowest cost electricity in the state, linked to more
than 43,000 jobs in the region.
The Western New York Advisory Group, consisting of
the Power Authority, Niagara Mohawk, Empire State Development Corp. and
the Buffalo Niagara Enterprise, recommended the allocation to Fujisawa.
Late last year, the members of the group signed a Memorandum of
Understanding for allocations of available Niagara power on a continuous
basis to maximize the economic development benefits of the hydroelectric
project.
“Since the agreement, we’ve made Niagara power
allocations to a total of 22 Western New York companies, including
Fujisawa, to create more than 2,200 jobs,” said Chairman Ciminelli.
“These allocations stem from the collaborative efforts spearheaded by
Governor George E. Pataki to strengthen Western New York’s manufacturing
base and the region’s overall economy.”
The 2,400,000-kilowatt Niagara Project is the single
largest source of electricity in New York State.
Fujisawa, whose corporate office is in Deerfield,
Ill., markets proprietary pharmaceutical products in the U.S. and
abroad. It’s a subsidiary of Fujisawa Pharmaceutical Co., Ltd., based in
Osaka, Japan.
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