Power Authority Hydropower to
Help Four Western New York Manufacturers Create 64 Jobs
March 29, 2005
FOR IMMEDIATE RELEASE
WHITE PLAINS—New allocations of low-cost hydropower
from the New York Power Authority’s (NYPA) Niagara Power Project will
help to create a total of 64 jobs at four Western New York manufacturers
that are undertaking expansions, including major equipment acquisitions.
The NYPA Trustees Tuesday approved allocations,
totaling 3,490 kilowatts (kw), for BMP America and Associated Brands in
Medina, E.I DuPont de Nemours & Co. in Niagara Falls and Allegheny
Technologies in Lockport. The power will be drawn from two blocks of
Niagara power, known as replacement power and expansion power, that
combine for a total of 695,000 kw of power. Both blocks are reserved for
Western New York manufacturers, and are currently linked to over 43,000
jobs at more than 100 area companies.
“The latest allocations stem from a coordinated
effort under Governor George E. Pataki to make Niagara power available
on a continuous basis to companies promising to create and protect jobs
for Western New York,” said Louis P. Ciminelli, NYPA chairman. “We’re
working hard to maximize the potential of uncommitted power, recognizing
its value in supporting the growth of area businesses and industries.”
More than 106,000 kw of Niagara power remain
available for the region’s economy following the NYPA board meeting.
The Western New York Advisory Group, consisting of
the Power Authority, Niagara Mohawk, Empire State Development Corp. and
the Buffalo Niagara Enterprise, recommended the newest allocations. In
late 2003, the members of the group signed a Memorandum of Understanding
for allocations of available Niagara replacement and expansion power on
a continuous basis.
Since the agreement, the Power Authority has made
allocations to a total of 29 Western New York companies, including the
four approved Tuesday.
BMP America, which manufactures textile components
for business machines, will receive 120 kw of replacement power in
return for adding 10 jobs to its existing Medina work force of 120. The
company is undertaking a 40,000-square-foot expansion, facilitating its
acquisition of additional machinery, for a total investment of more than
DuPont will receive 3,000 kw of replacement power to
support its creation of 30 jobs at its Niagara Falls plant where 254
employees now work. The chemical manufacturer is investing $1.6 million
for additional sodium and lithium cells and associated equipment used in
the manufacture of those chemicals.
Associated Brands, a second Medina company, is
slated for 170 kw of expansion power, as it adds 21 jobs to an existing
total of 208. The company, which manufactures dry food products, is
spending more than $950,000 on new equipment.
Allegheny Technologies, a diversified specialty
materials company, will receive 200 kw of expansion power. It plans to
add 3 jobs to its Lockport work force of 43 and spend $357,000 for new
equipment and building modifications. The company manufactures steel
for turbine generators and aircraft engines, among other applications.
The Niagara Power project, in the Town of Lewiston,
is the single largest source of electricity in New York State, with a
generating capacity of 2.4 million kilowatts. The project provides some
of the state’s lowest cost power, along with a second NYPA hydroelectric
facility, the St. Lawrence-Franklin D. Roosevelt Project, in Massena.