NYPA Board of Trustees approved $720,000 in funding awards to two companies in Erie County—Innomotive Solutions Group and Nexus Natural Gas LLC—for projects that will generate 28 jobs in the region and result in investments of more than $8 million. “The latest proceeds grants will help to ensure that both companies will be able to carry out critical expansion projects, in fortifying their presence in our region,” said John R. Koelmel, NYPA chairman.
Nexus Natural Gas, an entity formed by seven companies in the Town of Tonawanda (Guard Construction and Contracting, Swift River Associates, Speed Global Services, Pariso Trucking, Niagara Metals, O and K Truck Repair and Triad Recycling and Energy) that share the common goal of transitioning into cleaner alternative fuels, will receive a $570,000 grant to assist in the construction of a compressed natural gas fueling station for the exclusive use of this partnership.
Besides, the companies are beginning the conversion of their vehicles to run on CNG. The $2.8 million project will reduce emissions in Tonawanda and Grand Island, as well as everywhere that the vehicles travel in the state. It will also allow the companies to reduce their operating costs, expedite future growth and lead to the creation of an indeterminate number of jobs in the future.
“I am very pleased that NYPA has approved funding for two Erie County projects, including Nexus Natural Gas LLC located in the Town of Tonawanda. The funding for Nexus will allow the company to build a CNG fueling station, which will not only bring more jobs to the region, but will help decrease emissions and improve air quality,” said Assemblyman Robin Schimminger.
Source: NYPA
