Morinello Applauds Investment in North Tonawanda Business

Today, Assemblyman Angelo J. Morinello (R,C,I,Ref-Niagara Falls) extended his best wishes to Confer Plastics on the creation of 35 new jobs in its firm. Thanks to the New York Power Authority’s (NYPA) low-cost hydropower, Confer Plastics, a Niagara County molded plastics firm, invested more than $3 million to create jobs and expand production.

“I’m proud to see an investment from NYPA into one of the great businesses we have located in our community,” said Morinello. “It is encouraging to see the revenue generated by NYPA’s Niagara Power Project remain in the region and create more opportunity for our district’s residents. I’m hopeful that this is the beginning of a trend, and as the sales and success of Confer Plastics continue to increase, so will the number of jobs created.”

The expansion was made possible by an allocation of 400 kilowatts of low-cost hydropower from NYPA’s Niagara Power Project. In addition to the hydropower allocation tied to this expansion, Confer Plastics also received from NYPA an additional 300 kW of hydropower and 420 kW of ReCharge NY power. Those allocations are tied to the retention of roughly 160 jobs at the facility.

Low-cost Niagara hydropower is reserved for companies within a 30-mile radius of the Niagara power plant or for businesses in Chautauqua County, and has historically been priced up to 30 percent less than wholesale market electricity in the Buffalo-Niagara region. The hydropower is linked to tens of thousands of existing jobs.