Tag Archives: Recharge New York

ReCharge NY Program at Harden Furniture

News Conference Harden (1)

Business Council members, the New York Power Authority (NYPA) and Harden Furniture, joined together with state and local officials to recognize the success of Governor Andrew M. Cuomo’s ReCharge New York (RNY) power program in the Mohawk Valley Region.

The retention and creation of 262 jobs at the 170-year old Harden Furniture company in Oneida County garnered the support of key state and local officials who worked together under Governor Andrew M. Cuomo’s ReCharge New York program to support the company’s expansion. Celebrating the announcement at Harden’s McConnellsville saw mill and manufacturing plant recently were NYS Assemblyman Ken Blankenbush; Oneida County Executive Anthony J. Picente; NYS Senator Joseph A. Griffo (pictured above, standing left to right); Ken Tompkins with Empire State Development; Onondaga County Executive and NYPA Trustee Joanie Mahoney; NYPA president and CEO Gil C. Quiniones; and Harden Furniture President Greg Harden (pictured above, seated left to right).  In addition to the jobs, under the terms of the ReCharge New York deal, Harden will invest up $4 million in its operations in exchange for 1.38 megawatts (MW) of ReCharge New York power, a NYPA-administered program.

The event showcased Harden Furniture as an example of how Mohawk Valley companies are saving money under RNY and reinvesting those funds in protecting jobs, and anchoring and growing their businesses. A total of 60 businesses in the Mohawk Valley region and 3 not-for profit enterprises are benefiting from RNY allocations in return for their retention and creation of nearly 14,000 jobs.

Greg Harden, president Harden Furniture, said, “Like many businesses in New York, Harden Furniture was hard hit by the national economic downturn in 2008. We recognized that we had to restructure our business model if we were to survive and continue to provide over 200 families with good paying jobs. But we couldn’t do it without state government partners that understood the challenges faced by the business community. The ReCharge New York program, and the Governor’s insistence upon innovative economic development solutions, has reinvigorated our optimism for the future of Harden Furniture, its employees and the families in the Mohawk Valley.”

Gil C. Quiniones, president and CEO, NYPA said, “With its focus on quality and sustainability, Harden Furniture is representative of some of the best qualities that New York State has to offer. Governor Cuomo’s Recharge New York program is ensuring Harden, a venerable family-owned business, remains a vital part of the Mohawk Valley economy in the years ahead.”

Governor Cuomo launched the RNY power program to help businesses and other entities lower their operating costs and spur economic development. The program offers up to seven-year contracts for lower-cost power.

The Rome Sentinel featured the event in an article, Low-cost power key to Harden growth.

Recharge NY Power Allocations

The New York Power Authority (NYPA) Board of Trustees has approved another round of low-cost power allocations under the ReCharge NY (RNY) program.  The nearly 33 megawatts (MW) of low-cost power will be distributed among 47 enterprises at 53 facilities and are expected to leverage an estimated $1 billion in capital investments.  Nearly 17,000 jobs are being supported by this round of allocations.

This is the seventh round of power allocations under the RNY program, which stems from legislation signed by the Governor in 2011. The program, administered by NYPA, is designed to spur economic development throughout the state by providing low-cost power to businesses and other entities that agree to create or retain jobs.

For more information on the allocations, visit Governor Cuomo’s website.

ReCharge NY in action in Rochester

Governor Andrew M. Cuomo today announced that his ReCharge NY (RNY) low-cost power program is supporting a Rochester high-tech printing company. With low-cost energy from the RNY program, the company is able to retain and create a total of 302 jobs and invest more than $20 million for capital improvements and an expansion of its operations.

The Governor launched RNY in 2011 to help businesses and other enterprises lower their operating costs and spur economic development. The program offers contracts of up to seven years for lower-cost power, and reserves at least 350 MWs for upstate businesses and institutions, 200 MWs for business attraction and expansion, as well as up to 100 MWs for not-for-profit organizations.

More than 1,200 applications were reviewed by NYPA staff, in consultation with the Governor’s 10 Regional Economic Development Councils for the initial allocations.

Read more on Governor Cuomo’s website.

 

Former Birds Eye plant and Auburn milk plant to get cheap state power

Tim Knauss, reporter for The Post-Standard and Syracuse.Com, posted the following story about a central New York company which will be receiving a large allocation of low-cost power under the state’s Recharge NY program. Governor Cuomo created the program in 2011. It gives New York businesses the ability to buy low-cost power. In return, companies must commit to job retention and creation and invest in capital improvements.

Click here to read more.