Seven Long Island companies have been awarded lower-cost power from the state’s ReCharge NY program in exchange for creating or preserving 1,300 jobs and investing more than $31 million in facility and equipment enhancements.
In play: 1,574 kilowatts of discounted electricity, or enough to power about 1,500 homes.
The largest award – 390 kilowatts – went to Melville’s Poly-Pak Industries, which promised to retain 225 jobs and spend $1 million on new equipment.
Entourage Commerce, which is moving from Queens to Hauppauge, committed to creating 175 new jobs, retaining 250 and spending $24 million on facilities and equipment. The company, which handles online orders for beauty products, is in line for 280 kilowatts.
“The savings are significant” and will help the company add new jobs on Long Island, Entourage CFO James Mastronardi said.
The state also granted power to Slant/Fin Corp. in Greenvale, Astro Electroplating in Bay Shore, Sunharbor Acquisition I in Roslyn Heights, Optima Foods in Deer Park and East Setauket’s Alpine Overhead Doors.
Statewide, ReCharge NY approved allocations of nearly 5,400 kilowatts to 11 companies. The companies will receive the discounted power for up to seven years.
“ReCharge NY has proven to be a highly effective economic development engine” on Long Island, said Gil C. Quiniones, president and chief executive of the authority.
On Long Island, 148 companies participated in ReCharge NY as of Dec. 1, including CA Inc., Pall Corp. and Canon U.S.A., according to a report by the authority earlier this year. Statewide, the program had 741 participants.