July (pdf) - New York Power Authority

July 26, 2011
Niagara LaSalle Corporation, Buffalo, Erie County
Allocation:
700 kW and 700 kW of RP respectively
Jobs Commitment: 164 jobs and 92 jobs respectively
Background: Niagara LaSalle Corporation (‘Niagara LaSalle’) manufactures cold-finished and thermal-treated
steel bars. Niagara LaSalle averaged 72.9 jobs, i.e., 44.5% and 79.3% of its contractual commitments, respectively.
This is an average decrease of 5 jobs from the previous year. In 2009, the total business volume of shipments for
Niagara LaSalle Corporation declined 44%, with the Buffalo facility registering a 38% sales decline from the prior
year. The company was forced to reduce staffing levels at all its facilities, including 38 employees between January
and December 2009. Conditions stabilized in 2010 and the company recalled employees to its workforce in January
2011. The company is optimistic that sales volume and employment levels will increase in the near future.
Recommendation: Staff recommends that the Trustees take no action at this time.
Nuttall Gear Company, Niagara Falls, Niagara County
Allocation:
350 kW of EP
Jobs Commitment: 135 jobs
Background: Nuttall Gear Company (‘Nuttall’) manufactures enclosed gear drives for industrial, commercial,
transportation and utility applications. For the past year, Nuttall averaged 94.2 jobs, or 69.8% of its contractual
commitment. This is an average increase of 6 jobs from the previous year. The company was forced to operate with
fewer employees in 2010 due to continuing soft economic conditions. Nuttall is trending up towards its job
commitment, adding 12 employees between January 2010 and December 2010.
Recommendation: Staff recommends that the Trustees take no action at this time.
PEMCO – Precision Electro Minerals Co., Inc., Niagara Falls, Niagara County
Allocation:
800 kW of RP
Jobs Commitment: 22 jobs
Background: PEMCO – Precision Electro Minerals Co., Inc. (‘PEMCO’) makes and sells fused silica for use in the
foundry and refractory industry. For the past year, PEMCO averaged 17 jobs, i.e., 77.3% of its contractual
commitment. This is an average increase of 13 jobs over the previous year. During the last quarter of 2010, the
company reached a headcount of 21 jobs and has maintained this level for the first quarter of 2011. The company
anticipates a continued trend upwards above its commitment level this year.
Recommendation: Staff recommends that the Trustees take no action at this time.
Protective Industries, Inc., Buffalo, Erie County
Allocation:
250 kW of EP
Jobs Commitment: 310 jobs
Background: Protective Industries (‘PI’) manufactures plastic caps, plugs and temperature-control equipment
through plastic injection molding and vinyl dip molding and extrusion. For the past year, the company averaged
258 jobs, or 83.2% of its contractual commitment. This is an average increase of 24 jobs from the previous year.
Due to economic conditions, PI found it necessary to reduce its workforce in 2009. However, the company
experienced a relatively good rebound in 2010, ending the year with 33 more jobs than were on payroll at the
beginning of the year. Business has improved and the company remains optimistic about the continuing trend up
toward its commitment in 2011.
Recommendation: Staff recommends that the Trustees take no action at this time.
Rosina Food Products, Inc., Cheektowaga, Erie County
Allocation:
200 kW of EP
Jobs Commitment: 270 jobs
Background: Rosina Food Products Inc., (‘Rosina Food’) manufactures food products that are distributed
nationally from its production facility in Buffalo. For the past year, Rosina Food averaged 221.6 jobs, or 83.1% of
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