July (pdf) - New York Power Authority

July 26, 2011
Recommendation: Staff recommends that the Trustees take no action at this time.
Greatbatch, Inc, Clarence/Alden, Erie County
Allocation:
1,500 kW of EP
Jobs Commitment: 368 jobs
Background: Greatbatch is a leading developer and manufacturer of battery and precision engineered components
used in medical devices as well as for commercial applications. For the past year, Greatbatch averaged 316.9 jobs,
i.e., 86.1% of its contractual commitment. Although the economic climate continued to be challenging during 2010,
the company was able to increase employment by 5%, or about 15 jobs, through gains in new product growth. It is
important to note that the Board approved a reduction to Greatbatch’s job commitment to 333 jobs for the extended
term (2013 – 2020) during last year’s WNY contact extension initiative.
Recommendation: Staff recommends that the Trustees take no action at this time.
Honeywell International, Buffalo, Erie County
Allocation:
300 kW of RP
Jobs Commitment: 168 jobs
Background: Honeywell International (‘Honeywell’), a technology research and manufacturing conglomerate,
develops and produces atmospherically safe fluorocarbons at its Buffalo facility. For the past year, Honeywell
averaged 150 jobs, i.e., 89.3% of its contractual commitment. Honeywell is still very committed to its Buffalo
facility, as seen by the increase in staffing levels as 2010 progressed. During the last quarter 2010, the company
averaged 161 jobs and continues to trend up in 2011.
Recommendation: Staff recommends that the Trustees take no action at this time.
Ingram Micro Corporation, Williamsville, Erie County
Allocation:
900 kW of EP
Jobs Commitment: 1,525 jobs
Background: Ingram Micro Corporation (‘Ingram’) is a leading wholesale distributor of microcomputer products
worldwide, including hardware, software and networking equipment. For the past year, Ingram averaged 1,223.3
jobs, i.e., 80.2% of its job commitment. Ingram reported that its business rebounded sharply and it was able to add
46 jobs in 2010. The company anticipates employment will continue to trend upward into 2011. Ingram continued
to invest in its state-of-the-art facility to remain competitive. It is important to note also that the Board approved a
reduction to Ingram’s job commitment to 1,293 jobs for the extended term (2013 – 2020) during last year’s WNY
contact extension initiative.
Recommendation: Staff recommends that the Trustees take no action at this time.
International Imaging Materials, Inc., Amherst, Erie County
Allocations:
1,000 kW of EP and 250 kW of RP
Jobs Commitments: 499 jobs and 393 jobs, respectively
Background: International Imaging Materials, Inc. (‘International Imaging’), in business since mid-1980,
manufactures thermal transfer ribbons. For the past year, International Imaging averaged 325.9 jobs, i.e., 65.5% and
82.9% of its contractual commitments, respectively. This is an increase from the previous year. In 2010, the
company was able to add an additional 11 employees and is cautiously optimistic about its growth in 2011. It is
important to note that the Board approved a reduction to International Imaging’s job commitment to 310 jobs for the
extended term (2013 – 2020) during last year’s WNY contract extension initiative.
Recommendation: Staff recommends that the Trustees take no action at this time.
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