Assemblymember Dennis H. Gabryszak (D-Cheektowaga) announced that 10 businesses in the 143rd Assembly District will receive capital investments through the ReCharge New York (RNY) program, which will help create and maintain over 2,300 local jobs. Assemblymember Gabryszak helped pass this important measure during last year’s legislative session.
"It is vital that we do everything we can to create and keep jobs here in Western New York during these tough economic times," Assemblymember Gabryszak said. "The ReCharge New York program will provide local businesses and organizations with affordable energy, which will allow for the hiring of new employees and will help improve our local economy."
Available July 1, the new low-cost power initiative will designate capital investments to businesses who hire and retain workers. The program was created to replace two existing initiatives, the Power for Jobs and Energy Cost Savings Benefit programs, both of which expire on June 30.
Funding will go to the following companies, including:
- Allied Frozen Storage Inc.
- API Heat Transfer Inc.
- Calspan Corp.
- Conax Technologies LLC.
- Derrick Corp.
- Niagara Transformer Corp.
- Norampac Industries Inc., Niagara Falls division
- PCB Piezotornics Inc.
- Sealing Devices Inc.
- Upstate Niagara Cooperative Inc.
"ReCharge New York invests in exactly what we need – economic viability and job creation," Assemblymember Gabryszak said. "And it picks up right where its predecessors left off, leaving no gaps in coverage for businesses to fill. This program gets people back to work and provides businesses with the tools they need to succeed."
Under the RNY program, 64 Western New York companies will receive low cost power to help create and maintain over 23,000 jobs, noted Assemblymember Gabryszak.