Niagara Transformer awarded $ 500,000 grant by NYSEG
USA, New York: Cheektowaga-based manufacturer Niagara Transformer Corp. has been awarded $ 500,000 economic development grant from New York State Electric & Gas.
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USA, New York: Cheektowaga-based manufacturer Niagara Transformer Corp. has been awarded $ 500,000 economic development grant from New York State Electric & Gas.
Binghamton-based utility NYSEG is owned by Spanish Iberdrola S.A. and it awarded the grant to finance the electrical infrastructure investments for the Niagara Transformer’s new transformer test facility located next to its headquarters. NYSEG is also buying a new $ 300,000 transformer unit from Niagara Transformer $ 15 million facility for its Auburn substation in Central New York.
Niagara Transformer is a family-owned firm dating to 1925. It started off as a transformer repair workshop but started making small transformers in 1933. In 1943, the company produced its first large transformer and sold it to NYSEG. Today, it manufactures about 250 transformer units each year, sold in 80 countries around the world.
Source: The Buffalo News
Image: Transformer by Niagara Transformer Corp. (Copyright)
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