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Power For Jobs: NT Company Benefits

5:17 PM, Apr 14, 2011   |    comments
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Cuomo Visits NT Plant for new power for jobs program

 Governor Andrew Cuomo made it official Thursday with the signing of the new "Recharge New York" bill which sets up a program to distribute low cost power to businesses for economic development and job creation. It helps extend the contract for firms to as much as seven years.

 And he chose to do so at the Ascension Industries metal fabrication plant on Erie Avenue in North Tonawanda. That plant will benefit from the power discount program to help stabilize its 150 member workforce and perhaps add more employees. Those workers are a blend of company veterans and new hires who may have been laid off from other local companies. Many employees have been re-trained to take on new duties like assembly and fabrication.  

 Ascension Industries President Jack Kopczynski says the lower cost power helps them cut operating costs which in turn can be passed along to customers and perhaps bring in additional work. The company makes metal products for other firms like Dresser Rand but also produces its own line of filtration devices and pressurized storage tanks for companies like Praxair.

 The company has also launched a fuel cell technology subsidiary.  

 

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