The New York Power Authority (NYPA) Board of Trustees has approved an allocation of low-cost hydropower to converter Trinity Packaging Corp. of Cheektowaga for a planned $6.5 million expansion of its manufacturing plant and commitment to retain 129 jobs and create 21 new jobs.
“One of Western New York's top resources, clean, low-cost hydropower, is a key element in reinvigorating the region's economy,” Governor Andrew Cuomo said. “This is yet another example of a public-private partnership in which both parties work together to meet the needs of businesses that choose to grow and invest in New York State, our families, and communities."
Trinity Packaging, headquartered in Armonk, NY, is an industry leader in the manufacturing of flexible packaging products for various industries. In 2012, the company acquired Cello-Pack, a Cheektowaga, NY-based manufacturer that has been in operation since 1948. While planning an expansion of its operation, Trinity’s management considered a sister facility in Virginia but instead chose to grow in Erie County.
Trinity’s current initiative will include the relocation of inventory and the acquisition of new manufacturing equipment designed to increase flexible packaging production by 25 percent.
Other economic development incentives for Trinity's proposed expansion include up to about $550,000 in Excelsior Jobs Program support from Empire State Development, up to $400,000 from New York State Electric and Gas for electric infrastructure upgrades and approximately $73,500 in sales tax savings from the Erie County Industrial Development Agency.