A $ 8 million commercial printer expansion plan in Garden City was recently backed by New York State with an allocation of cheap electricity.
Unicorn Graphics, which produces a wide range of printed matter from calendars and brochures to signs and posters, received power from the state energy agency last week.
The printer was among seven local recipients of power grants, including a research and academic center for NYU Winthrop Hospital in Mineola.
Governor Andrew M. Cuomo said the allocation of low-cost electricity “is an incentive for companies to take root and expand, create jobs and strengthen the economy in New York State.”
The Unicorn Graphics Garden City office on Tuesday. Photo credit: Newsday / Thomas A. Ferrara
Unicorn received 100 kilowatts over a seven-year period for its 30,000 square foot office and factory at 971 Stewart Ave. in Garden City.
Another 50 kilowatts will be supplied by the planned second factory and warehouse, which, according to Jason Lee, the company’s general manager, could be between 20,000 and 50,000 square feet. A thousand kilowatts can supply between 800 and 1,000 households with electricity.
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“We are still in the process of choosing a location,” said Lee on Monday. “Our business is growing and we need more space.” He also said the $ 8 million expansion includes improvements to the second location and the installation of printing equipment.
Unicorn was founded in 1985 and moved from College Point, Queens to Garden City in 2007.
Lee said the company has already created the three jobs it promised in return for distributing electricity. The wage bill is now 33 people.
The proposed NYU Long Island School of Medicine at NYU Winthrop Hospital in Mineola (see above) will train general practitioners in a three-year course. Photo credit: Johnny Milano
Unicorn is among the youngest recipients of ReCharge NY Power and is committed to investing the most.
The largest allotment of reduced power – 276 kilowatts – went to Crown I Enterprises Inc. of Bay Shore, which has proposed a $ 4.5 million expansion. In the future, 20 jobs will be added to 85 employees.
Crown produces ready meals for hospitals, universities and other facilities in the Northeast. It recently won a new contract and is required to purchase chillers, ovens, deep fryers and refrigerators according to government records.
“In addition, Crown could try to expand its current facility to accommodate increased growth,” said the agency.
General Manager Jason Lee, left, works for Unicorn Graphics in Garden City on Tuesday. Photo credit: Newsday / Thomas A. Ferrara
NYU Winthrop was allocated 140 kilowatts. It will keep most of the people busy among the local power receivers, 108.
The hospital plans to spend $ 574,000 on building improvements.
Gil C. Quiniones, CEO of the Power Authority, said the cheap electricity is generated by large state-owned dams along the St. Lawrence River in Massena state and north of Niagara Falls, and there are no polluting emissions.
The seven local employers receiving grants have pledged to invest about $ 16 million in their operations and employ 369 people for 898 kilowatts.
The other power receivers are B & H Precision Fabricators Inc. in Bohemia, B & R Industries Inc. in Medford, Comco Plastics Inc. in Huntington Station, and Plastirun Corp. in Brentwood.
James T. Madore writes on Long Island business news, including the economy, development, and the government-business relationship. He was previously head of the Albany office.