Minutes of the Annual Meeting of the Power - New York Power ...

April 24, 2007
While Lockheed’s workforce needs fluctuate, the company’s business has not allowed it to hire personnel to perform
the work in house, so the work is outsourced. The company grew by more than 30% in 2006 and is continuing to
grow in 2007. While Lockheed does not expect to meet its commitment this year, it does foresee meeting its
commitment within two years.
M. Fortunoff, White Plains, Westchester County
Allocation:
1,689 kW of MDA Power
Jobs Commitment: 380 jobs
Background: M. Fortunoff (“Fortunoff”), an emporium originally founded in 1923, opened this location in 2003,
specializing in unique home furnishings, jewelry and kitchenware. For the past year, Fortunoff averaged 329.58
jobs, i.e., 86.73% of its commitment. The company grew by 40 employees in 2006 and in the last quarter met its
commitment.
Markin Tubing, Division of M & R Ind., Wyoming, Wyoming County
Allocation:
1,200 kW of EDP
Jobs Commitment: 145 jobs
Background: Markin Tubing, Division of M & R Ind. (“Markin”), founded in 1958, manufactures small-diameter
welded steel tubing, mainly for the automobile industry. For the past year, Markin averaged 126.17 jobs, i.e.,
87.01% of its contractual commitment. Despite difficult times in the automotive industry and financial problems at
several large customers, the company’s employment level has been almost completely maintained. Furthermore,
Markin has made major capital investments intended to expand its product line and strengthen its manufacturing
capabilities. Markin was just two jobs short of its commitment in the last quarter. The company foresees growth
and expects to meet its commitment next year.
Mele Manufacturing Co., Utica, Oneida County
Allocation:
475 kW of EDP
Jobs Commitment: 164 jobs
Background: Mele Manufacturing Co. (“Mele”), founded in 1912, manufactures jewelry cases, custom packaging,
desk accessories, legal binders and custom injection molding. For the past year, Mele averaged 75.79 jobs, i.e.,
46.21% of its contractual commitment. Mele’s new, highly efficient facility requires fewer workers than before, and
the facility’s cost-efficient operation has enabled the company to continue its viability in Utica and sustain a level
workforce. The company does not see further growth, but does foresee stability. Mele maintains a strong job-tomegawatt
ratio. Mele will have its business situation addressed in the next Productivity Improvement item.
Monofrax Inc., Falconer, Chautauqua County
Allocation:
2,082 kW of EP
Jobs Commitment: 380 jobs
Background: Monofrax Inc. (“Monofrax”) uses an electric furnace ceramic foundry to manufacture fused cast
refractories primarily used to line melting furnaces for glass product manufacturing. For the past year, Monofrax
averaged 236.83 jobs, i.e., 62.32% of its contractual commitment. Monofrax does not ever foresee meeting the
commitments made originally. However, Monofrax was recently purchased by RHI, an Austrian company that has a
few other refractory sites around the world, and is either looking to grow this location or shut it down. RHI, in
agreement with the Authority, will look at operations for one year before the company makes a determination as to
what it will do with the site based on global competition.
NBTY, Inc., Bohemia, Suffolk County
Allocation:
600 kW of EDP
Jobs Commitment: 675 jobs
Background: NBTY, Inc. (“NBTY”), formed in 1971, manufactures and distributes health supplements, such as
vitamins. For the past year, NBTY averaged 589.25 jobs, i.e., 87.30% of its contractual commitment. NBTY
currently has 611 employees and met its jobs commitment for the last quarter reported.
Norampac Industries Inc., Niagara Falls, Niagara County
Allocation:
12,000 kW of High Load Factor Power
Jobs Commitment: 140 jobs
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