30.04.2014 Views

July (pdf) - New York Power Authority

July (pdf) - New York Power Authority

July (pdf) - New York Power Authority

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

APPLICATION SUMMARY<br />

Expansion <strong>Power</strong><br />

<strong>July</strong> 26, 2011<br />

Exhibit “4-A-2”<br />

Company:<br />

Location:<br />

County:<br />

IOU:<br />

Business Activity:<br />

Project Description:<br />

Existing Allocation(s):<br />

<strong>Power</strong> Request:<br />

<strong>Power</strong> Recommended:<br />

Job Commitment:<br />

Existing:<br />

<strong>New</strong>:<br />

Moog, Inc.<br />

East Aurora<br />

Erie<br />

NYSEG<br />

Manufacturer of precision control equipment<br />

Moog, Inc. is planning to build a new 68,000 square ft. Corporate/ Shared<br />

Services building which will be designed to consolidate existing<br />

administrative staff from amongst its campus facilities. The gain in<br />

operational efficiencies and floor space for manufacturing will support the<br />

company’s growth plans.<br />

750 kW EP, 3,000 kW EP, 500 kW EP and 1,200 kW RP<br />

300 kW<br />

300 kW<br />

2,497 jobs<br />

70 jobs<br />

<strong>New</strong> Jobs/<strong>Power</strong> Ratio: 233 jobs/MW<br />

<strong>New</strong> Jobs -<br />

Avg. Wage and Benefits: $88,000<br />

Capital Investment:<br />

Capital Investment/MW:<br />

Other ED Incentives:<br />

Summary:<br />

$13.0 million<br />

$43.3 million/MW<br />

ECIDA tax incentives<br />

Moog, Inc., an international company headquartered in Western <strong>New</strong> <strong>York</strong>,<br />

provides essential precision motor controls for aerospace, defense, industrial,<br />

and medical markets. An allocation of hydropower would support Moog’s<br />

commitment to Western <strong>New</strong> <strong>York</strong>. The company’s plans will further<br />

solidify the nearly 2,500 existing high quality jobs and enable the creation of<br />

70 more.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!