NYPA Approves 13 New Power for Jobs Allocations; Lower-Cost Electricity to Help Create Over 270 New Jobs.Business Editors
NEW YORK--(BUSINESS WIRE)--March 20, 2003
The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Power Authority Trustees Thursday approved new allocations under the latest phase of Governor George E. Pataki's Power for Jobs program, with 13 businesses and not-for-profit Not-for-profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses. organizations promising to create 272 new jobs in return for the discount-priced electricity.
"The newest recipients of this power are spread out across New York State, demonstrating the continued vitality vi·tal·i·ty
1. The capacity to live, grow, or develop.
2. Physical or intellectual vigor; energy. of Governor Pataki's highly successful Power For Jobs program, which is linked to about 300,000 jobs at more than 700 businesses and nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.
Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. enterprises, including hospitals, colleges and cultural institutions," said Louis P. Ciminelli, NYPA chairman. "The latest allocations stem from legislation last year, setting aside additional amounts of economical power for reallocations to existing customers and new allocations to other qualified recipients."
Ciminelli noted that in addition to the new allocations, the trustees approved reallocations for 10 Power for Jobs customers whose contracts were expiring ex·pire
v. ex·pired, ex·pir·ing, ex·pires
1. To come to an end; terminate: My membership in the club has expired.
2. in 2002 and beyond. Collectively, the latest allocations, for new and existing customers, total more than 10,000 kilowatts (kw) of power, and will help protect or create over 4,900 jobs.
The businesses receiving new allocations are the AT&T Corp, Manhattan; Clay Park Labs, the Bronx; Diamond Ice Cube Co., the Bronx; B.H. Aircraft Co., Ronkonkoma; Dayton T. Brown, Inc., Bohemia Bohemia, Czech Čechy, historic region (20,368 sq mi/52,753 sq km) and former kingdom, in W and central Czech Republic. Bohemia is bounded by Austria in the southeast, by Germany in the west and northwest, by Poland in the north and northeast, and by ; Crowley Foods Crowley Foods, LLC is a food company based in Binghamton, New York, and wholly owned by the HP Hood Company. Crowley is primarily a dairy food manufacturer, but also sells refrigerated beverages and frozen desserts. , LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control , Lafargeville (Jefferson county Jefferson County is the name of 25 counties and one parish in the United States. The following are named for Thomas Jefferson, third President of the United States:
American microbiologist and physician who developed a live-virus vaccine against polio (1957), replacing the killed-virus vaccine invented by Jonas Salk. Metal Corp., Scottsville (Monroe county Monroe County is the name of seventeen counties in the United States, named after President James Monroe:
Three not-for-profits were also among the first-time recipients: Albany Institute of History and Art; Ellis ELLIS - EuLisp LInda System. An object-oriented Linda system written for EuLisp. "Using Object-Oriented Mechanisms to Describe Linda", P. Broadbery <email@example.com> et al, in Linda-Like Systems and Their Implementation, G. Wilson ed, U Edinburgh TR 91-13, 1991. Hospital, Schenectady; and Samaritan Medical Center, Watertown. (See attachments for the specific allocations and job commitments.)
The legislation proposed by Governor Pataki and enacted into law in 2002 established a new Phase Five for Power for Jobs, making an additional 183,000 kw of lower cost power available through 2005 for existing and new customers. Previous to today's action, the NYPA trustees had approved 182 allocations under Phase Five, linked to the retention of 65,117 jobs, for businesses and nonprofits whose three-year contracts were expiring. The latest allocations are the first to include new customers in the current program phase, and leave nearly 76,000 kw still to be allocated.
First launched in late 1997 with an allotment A portion, share, or division. The proportionate distribution of shares of stock in a corporation. The partition and distribution of land.
ALLOTMENT. Distribution by lot; partition. Merl. Rep. h.t. of 400,000 kw, Power for Jobs was originally expected to protect or create up to 40,000 jobs, which is about 13 percent of the current job total. The program, which has resulted in cumulative savings of hundreds of millions of dollars for its customers, was conceived as a bridge to competition and lower prices in the electricity marketplace from the deregulation Deregulation
The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
Traditional areas that have been deregulated are the telephone and airline industries. of the electric power industry.
NYPA administers the Governor's program, with its trustees authorizing allocations on the basis of recommendations of the New York State Economic Development Power Allocation The apportionment or designation of an item for a specific purpose or to a particular place.
In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as Board (EDPAB)--a four member board consisting of appointees of the Governor and state legislature A state legislature may refer to a legislative branch or body of a political subdivision in a federal system.
The following legislatures exist in the following political subdivisions:
New York Power Authority Power for Jobs Recommendations for Phase 5 New Allocations Cust- Jobs omer New Company City County kW New Retained Total Type ----------- ---- ------ -- --- -------- ----- ---- 1 AT&T Corporation New York New York 1,000 - 137 137 Large 2 Clay Park Labs, Inc. Bronx Bronx 1,000 15 470 485 Large 3 Diamond Ice Cube Co. Inc. Bronx Bronx 75 3 18 21 Small ------ -- --- --- 2,075 18 625 643 4 B.H. Aircraft Company, Inc. Ronkonkoma Suffolk 525 15 92 107 Large 5 Dayton T. Brown, Inc. Bohemia Suffolk 1,000 65 266 331 Large ------ -- --- --- ----- 1,525 80 358 438 6 Albany Institute of History & Art Albany Albany 150 - 26 26 NFP 7 Crowley Foods, LLC Lafargeville Jefferson 1,000 - 153 153 Large 8 Ellis Hospital Schenectady Schenectady 1,000 15 1,213 1,228 NFP 9 Fedco Automotive Components Co. Inc. Buffalo Erie 400 - 124 124 Large 10 Sabin Metal Corporation Scottsville Monroe 1,000 - 198 198 Large 11 Samaritan Medical Center Watertown Jefferson 600 150 1,155 1,305 NFP 12 Sonoco Flexible Packaging Fulton Oswego 800 - 123 123 Large 13 The Ontario Knife Company Franklinville Cattaraugus 250 9 48 57 Large ---- -- --- --- 5,200 174 3,040 3,214 8,800 272 4,023 4,295 New York Power Authority Power for Jobs Recommendations for Phase 5 Reallocations Customer Company City County KW Jobs Type ------- ---- ------ -- ---- ---- 1 American Indian Community House, Inc. New York New York 40 41 NFP 2 Comco Plastics, Inc. Woodhaven Queens 500 93 Large 3 Coney Island USA Brooklyn Kings 15 6 NFP 4 Orazio & Sons Meats Brooklyn Kings 30 6 Small 5 Ruby Freeman, Inc. Brooklyn Kings 20 9 Small 6 The New 42nd Street New York New York 100 59 NFP 7 The Writers Room New York New York 15 3 NFP -- -- 720 217 8 BOC Edwards Pharmaceutical Systems Tonawanda Erie 350 197 Small 9 Curtis Screw Buffalo Erie 300 132 Large --- --- 650 329 10 Moorgood Tools, Inc. Rochester Monroe 200 69 Small 1,570 615