Wednesday, January 28, 2009
HTN: Companies Add Jobs in Hydropower Deal
In exchange for low-cost hydropower from the New York Power Authority, several Buffalo Niagara companies have agreed to add 55 jobs in the area. Luvata Buffalo, Printing Prep and North American Hoganas will be investing about 16-million dollars total in their operations. Luvata will add 30 jobs and will be spending three-million dollars to upgrade equipment and bring more of the company's manufacturing operations to Buffalo. Buffalo-based Printing Prep will add 12 jobs and is investing one-point-25-million in new digital printers and other equipment. And, North American Hoganas in Niagara Falls will be implementing a 12-million-dollar expansion and will add 13 jobs.
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