LI label maker receives low-cost power for $8 million expansion
Amcor Flexibles North America Inc. was awarded low-cost electricity from the state Power Authority. Credit: Barry Sloan
By James T. Madore[email protected] @JamesTMadoreUpdated April 14, 2021
A manufacturer of beverage labels is planning an $8.4 million expansion in Edgewood, state officials said.
The project by Amcor Flexibles North America Inc. was awarded low-cost electricity from the state Power Authority. Eight allocations for other businesses also were approved by the authority’s board, including ones for Inter-County Bakery Supply in Deer Park and Milburn Flooring in Copiague.
"The latest round of ReCharge NY power allocations on Long Island support nearly 750 jobs, energizing the regional economy as New Yorkers move to safely rebound from the COVID-19 pandemic," said authority CEO Gil C. Quiniones.
The ReCharge NY awards are for seven years and can save companies and nonprofits thousands of dollars annually on utility bills. Half of the electricity is produced by dams near Niagara Falls and along the St. Lawrence River upstate.
In return for 920 kilowatts of cheap hydropower, Amcor Flexibles promised to add five jobs to its payroll of 115 people. The company received the largest allocation and is investing the most money among the entities that won power allocations last month.
A thousand kilowatts can power between 800 and 1,000 homes.
Amcor Flexibles makes printed labels for bottles of soda, juices, sports and energy drinks, milk and powered drinks. They include Coca-Cola and Pepsi products.
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