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FOR IMMEDIATE RELEASE: December 8, 2008

SCHUMER LOBBIES NEW 'GREEN BUSINESS' TO BUILD ITS SOLAR PANEL PRODUCTION PLANT IN OSWEGO COUNTY - CREATE NEW JOBS, BOOST LOCAL ECONOMY


Solar Array Ventures Is Considering Opening a New Plant in the Riverview Business Park in Fulton, New York

New York State Would Provide Key Financial Incentives; Productive and Efficient Work Force, And Critical Space

In Effort to Create Hundreds of Green Jobs in Central New York, Schumer Makes Personal Appeal to Solar Array Ventures' Top Executives, Urges Company to Locate in Fulton - Calls Both CEO and CFO of Company

In an effort to create new jobs and boost the local economy, U.S. Senator Charles E. Schumer today pushed to bring a new solar panel production plant to Oswego County. Solar Array Ventures, an Austin-based company, is considering building a new plant in the Riverview Business Park in Fulton, New York.

 

Learning of the company’s interest in Oswego County, Schumer made a personal appeal to the company’s CEO Joe Hudgins and CFO Buddy Rogers, touting New York’s strong work force, the region’s available space and the state’s financial incentives. Schumer said bringing this new company to Fulton would create hundreds of new jobs and give a boost to the local economy.

 

“A new solar panel plant in Fulton would be a win-win for the region and the company – Central New York offers the finest work force, critical space and key financial incentives for the company, and the new plant would create hundreds of new jobs and give a shot in the arm to the local economy,” Schumer said. “Fulton and Central New York are home to some of the state’s finest green businesses and a new solar panel plant there makes perfect sense. In my call to Solar Array Ventures CFO Buddy Rogers, I touted the region's top-notch workforce and told him I would do everything I could to bring the company to New York State.”

 

Solar Array Ventures is a new, Austin-based company that plans to produce large solar panels used by utility companies and companies producing large amounts of electricity. A start-up company, they have initial sale orders scheduled for the 2nd quarter of 2010. The first phase of the project would require approximately 250,000 square feet of space and employ about 250 people. The second phase will require an additional 250,000 square feet of space and employ an additional 250 people. In total, the plant could bring about 500 jobs to Central New York.

 

New York State and Oswego County have offered the company good financial incentives – tax credits and savings - and have laid the groundwork to lure them to Fulton’s Riverview Business Park, including a 20 year PILOT program to the company. The Riverview Business Park has the available space needed to develop and build the plant now and in the future.

 

In two separate phone calls to the Solar Array Ventures CEO Joe Hudgins and CFO Buddy Rogers, Schumer today stressed Central New York’s progress and dedication to green business, and its top-notch work force and urged the company to locate its new plant in Fulton. Schumer pledged to do all that he can to help the company locate in Fulton.

 

Oswego County and the entire state would welcome Solar Array Ventures with open arms and give them access to space, a world-class work force and good economic base. I urge Solar Array Ventures to take a close look at all that Central New York has to offer and decide to locate its top-notch company in Fulton,” Schumer added.

 

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