LOCKPORT – Niagara Envelope, one of the local companies receiving an allocation from Niagara County’s share of Niagara Power Project electricity, had that allocation extended and enlarged recently.
The County Legislature voted to give the company 195 kilowatts of low-cost power for the next three years. The contract replaces a four-year, 150-kilowatt allocation approved in 2012, when the Wheatfield envelope maker was a startup company. Samuel M. Ferraro, economic development commissioner, said the company intends to invest another $300,000 to $500,000 in its business and add three to five jobs.
The county’s Empower Niagara program uses a slice of the 9 megawatts the county received from the New York Power Authority as part of the 2005 relicensing of the Power Project.