# NYPA Funds New York Manufacturing Expansion

On September 29, 2026, the New York Power Authority (NYPA) approved economic development awards expected to support nearly $89 million in capital investment across Western and Northern New York. The package includes nearly $8 million in Power Proceeds funding and a 210 kW Niagara hydropower allocation for named recipients involved in manufacturing expansion, medical technology innovation, and job creation or retention. These are incentives for selected businesses, not open solicitations; the associated facility and production expansions may nevertheless create downstream purchasing needs for contractors and suppliers.

- The awards include funding for Niagara Power Transformer’s manufacturing campus expansion, Corning Incorporated’s ceramic manufacturing facility conversion, and Candlelight Curated’s industrial facility modernization.
- Contractors and suppliers can use the announced projects to identify potential follow-on work in facility upgrades, production equipment, and transformer manufacturing, while treating these as prospective private-sector opportunities rather than currently open government procurements.
- Businesses near the Niagara Power Project may also evaluate NYPA’s low-cost hydropower program as a potential source of energy for qualifying operations.

**Jurisdictions:** sled
**Industries:** Energy & Utilities, Construction & Infrastructure
**Topics:** Grants & Funding, Physical Infrastructure
**Published:** September 30, 2026

### Government Entities
- New York Power Authority (NYPA)
- Empire State Development (ESD)
- State of New York

### Vendors
- Niagara Power Transformer (award recipient)
- Corning Incorporated (award recipient)
- Candlelight Curated (award recipient)
- The Jacobs Institute (award recipient)
- Sigma Advanced Materials (award recipient)

### Key Quotes
> NYPA’s support allows us to deepen our roots in Western New York, create high-quality manufacturing jobs, and meet the growing demand for transformers from our customers in New York and across the country. We are committed to this community, and the Niagara Power 50 Initiative will position us to continue growing here for decades to come.
> — Chris Kraft, President of Niagara Power Transformer

### Sources
- [Governor Hochul Announces NYPA Economic Development Awards That Will Drive Nearly $89 Million in Capital Investments | Governor Kathy Hochul | New York State](https://www.governor.ny.gov/news/governor-hochul-announces-nypa-economic-development-awards-will-drive-nearly-89-million) - NY