Fulton Receives $1.5 Million to Expand Manufacturing Facility
October 27, 2009
New York’s Upstate Regional Blueprint Fund awarded a $1.5 million grant to Fulton to expand its Pulaski, N.Y., facility. New York Gov. David A. Paterson announced the award during a visit to the facility on October 13.
The company’s $13.5 million expansion project will add 125,000 ft2 to its manufacturing facility, including a research and design center where the company will develop and test alternative energy options. The project represents the largest capital investment in the Pulaski community in more than decades, according to the company.
“We are thrilled to receive this grant and appreciate the support for our plans that it represents,” says Kathy Sega, executive vice president and general manager at Fulton. “At a time when the economy causes many companies to struggle to stay afloat, we are in the fortunate position to be able to look to the future and build a facility that will provide additional jobs for our community as we explore alternative energy options, like biomass and biofuels, that will help to carry us, our industry and our community well into the future.”
The Fulton expansion project is one of 15 projects that will receive a total of $17.5 million in funding from the Upstate Regional Blueprint Fund. Intended to revitalize New York’s Upstate economy, the $120 million fund was announced in May. To ensure that each project meets the specific needs of its region, all applications for the fund underwent a competitive review process by Empire State Development, administrator of the fund. This first round of funding finances business investment, infrastructure upgrades and downtown redevelopment.
The Blueprint Fund grant is the second grant awarded to Fulton this year by the state of New York. In June, the company received a grant from the New York State Energy Research and Development Authority to develop an ultra-high efficiency condensing natural gas/B-100 biodiesel fired version of the Vantage 3 million BTU boiler.