WAYLAND — A state economic-development incentive package helped the Gunlocke Company pursue a $2.6 million expansion project at its manufacturing facility in Steuben County. The Gunlocke Company is a commercial-furniture manufacturer headquartered in Wayland. The expansion included the creation of 110 jobs at its factory in Wayland, the office of Gov. Andrew Cuomo said in […]
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WAYLAND — A state economic-development incentive package helped the Gunlocke Company pursue a $2.6 million expansion project at its manufacturing facility in Steuben County.
The Gunlocke Company is a commercial-furniture manufacturer headquartered in Wayland. The expansion included the creation of 110 jobs at its factory in Wayland, the office of Gov. Andrew Cuomo said in a release issued Nov. 27.
The incentives include a low-cost power allocation from Cuomo’s ReCharge NY program, which the New York Power Authority (NYPA) administers. A $250,000 funding award from Empire State Development was also part of the package.
The state allocated 1,680 kilowatts of ReCharge NY power for the Gunlocke facility.
The expansion, which utilized existing space at the facility, included the installation of equipment that will allow the firm to increase its chair-production volume. The expanded manufacturing plant is also now able to manufacture additional furniture lines that were formerly produced outside this state.
Gunlocke has been a NYPA ReCharge NY customer since 2012 when NYPA’s board of trustees awarded the firm with 1,606 kW of ReCharge NY power, directly tied to Gunlocke’s commitment to retain its existing 600 jobs and invest $6.5 million in its operations.
ReCharge NY — Cuomo’s discount power program — offers reduced energy costs for qualifying businesses and nonprofit organizations “in exchange for commitments to retain or create jobs in New York,” per the release.
The NYPA power allocation and an ESD funding award of $250,000 are directly tied to Gunlocke’s completed expansion project and job commitments.
“The ReCharge NY program has been a great benefit to Gunlocke and we would like to extend our gratitude to Governor Cuomo, NYPA, ESD and NYSERDA for providing significant support to our expansion project. We look forward to continuing our company’s growth in the Southern Tier and expanding our ongoing sustainability initiatives,” Roy Green, director of sustainability at Gunlocke, said in Cuomo’s release.
Gunlocke is also the first ReCharge NY power recipient to install state-supported electric vehicle (EV) charging stations in its employee-parking area, Cuomo’s office said. The two dual-port EV charging stations were installed through a program partnership between NYPA and the New York State Energy Research and Development Authority (NYSERDA) to provide charging stations to ReCharge NY recipients “interested in advancing their business’s sustainably and environmental goals.” NYSERDA contributed $4,000 per charging port.
About ReCharge NY
ReCharge NY offers power contracts for up to seven years. Half of the power is 455 megawatts (MW) from NYPA’s Niagara and St. Lawrence-Franklin D. Roosevelt hydroelectric power plants. The remaining 455 MW is power purchased by NYPA on the wholesale market.
The ReCharge NY program supports 37 businesses and nonprofit organizations in the Southern Tier, directly supporting the creation or retention of nearly 26,000 jobs and more than $2.1 billion in capital investments, per Cuomo’s office.