CI Filing Systems Expands Manufacturing Plant In Tonawanda, New York
The company will occupy a 55,000-square-foot factory and 41,000-square-foot distribution warehouse in Tonawanda, New York. CI Filings Systems expects to complete the project and begin operations in 2018.
As an incentive, the New York Power Authority Board of Trustees recently approved low-cost hydropower allocations and will provide up to $8 million to support CI Filings Systems expansion at its facility in Tonawanda. NYPA trustees approved a 1,210-kilowatt allocation to CI Filing Systems, a manufacturer and wholesale distributor of products found in a number of well-known stores, including Home Depot, Victoria's Secret, Simon & Schuster, Whole Foods, and Walmart.
"New York continues to lead the way in renewable energy, which is a central component to the economic vitality and sustainability of this state," Governor Andrew Cuomo said. "CI Filings Systems recognized the growth potential in Western New York and we thank the company for choosing to expand its operations here. With this project, we look forward to the creation of new manufacturing jobs and economic progress in Tonawanda for years to come."
NYPA President/CEO Gil C. Quiniones said, "CI Filing's decision underscores the significant value of the economic development incentives tied to the Niagara Power Project.”
Low-cost Niagara hydropower is reserved for companies within a 30-mile radius of the Niagara power plant, or for businesses in Chautauqua County, and has historically been priced up to 30 percent less than wholesale market electricity in the Buffalo-Niagara region. The hydropower is linked to tens of thousands of existing jobs.?
Empire State Development President/CEO/Commissioner Howard Zemsky said, "The expansion of these businesses in Western New York is an important vote of confidence for the local workforce. Recent college graduates and others looking to return to WNY are happy to have career opportunities that will allow them to be a part of the region’s economic rejuvenation."
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