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New York Power Authority's Economic Development Awards to create 583 jobs

Christian Fernsby |
Governor Andrew M. Cuomo announced the New York Power Authority's Board of Trustees has approved four economic development awards that will support 583 jobs and spur $356 million in private capital investments across Western New York.

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Topics: NEW YORK   

The allocations of 11,650 kilowatts of low-cost hydropower from NYPA's Niagara Power Project in Lewiston will be awarded to Stavatti Aerospace and Trek in Niagara County and to Life Technologies and Sucro Real Estate NY in Erie County.

Each company will utilize the low-cost power to create or expand new facilities and hire new workers.

Stavatti Aerospace in Niagara Falls, an aircraft manufacturer focused on the design and production of military, commercial, and general aviation aircraft, was awarded a 2,700-kW hydropower allocation to create 363 jobs and invest up to $156 million to establish an aircraft research, design, and prototyping facility at Niagara Falls International Airport. The project is expected to be completed in 2022.

Trek in Lockport, a manufacturer of electrostatic measurement and high voltage solutions, was awarded a 350-kW hydropower allocation to create 30 jobs and invest $6 million to establish a new center at its existing facility that would allow the company to centralize engineering resources, develop new manufacturing capabilities, and eliminate redundancies within its organization.

Life Technologies in Grand Island, a subsidiary of Thermo Fisher Scientific, is a producer of cell culture products for the pharmaceutical industry.

The firm was awarded a 3,600-kW hydropower allocation to create 140 jobs and invest $175 million to construct a 43,500 square foot addition to its Grand Island plant to accommodate the production of animal origin free and advanced granulation technology products.

The project would also support an upgraded water for injection system to increase the production capacity of approximately 12,000 square feet of renovated space. Life Technologies will be undertaking construction on the expansion later this year.

Sucro Real Estate NY was awarded a 5,000-kW hydropower allocation to establish a full-scale sugar refinery at the former Bethlehem Steel site in Lackawanna, creating 50 jobs and a capital investment of $19 million. The new plant will produce organic and conventional refined sugar as bulk and packaged products in both granular and liquid forms. The project site encompasses 12 acres, which includes three large buildings requiring extensive renovations. Sucro is planning to begin construction on multiple phases of the project in 2021.

Low-cost Niagara hydropower is available for companies within a 30-mile radius of NYPA's Niagara Power Project or businesses in Chautauqua County. Niagara hydropower is linked to tens of thousands of existing jobs in the region.


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