Rand Machine Products, a Falconer company that makes custom metal components for specialized machinery, has been awarded a grant of up to $150,000 from Empire State Development to help finance expansion at its three Western New York sites that are expected to create 10 new jobs by January.
The performance-based grant will provide Rand with up to $150,000 for property acquisition, building construction and renovation, along with the purchase and installation of new machinery and equipment at its sites in Falconer, Sinclairville and Jamestown, state officials said.
Rand currently employs 92 people in Western New York, is required to create 10 new jobs by January and maintain its regional employment at 102 people through 2021 under the terms of the grant.
Without the state aid, Rand likely would have sold its Western New York operations and moved its jobs out of state, Empire State Development officials said.
The Empire State board of directors also gave formal approval Thursday to a $1.5 million grant that will be used to remove a one-mile stretch of the Robert Moses Parkway in Niagara Falls, upriver from the Falls, and replace it with a parkway. The road work is part of a project to improve access to the Niagara River and the falls.
The agency also approved a $316,605 grant to Edison Welding Institute, an Ohio-based group that is helping develop plans for a new center that will provide support and strategic services to manufacturers throughout the Buffalo Niagara region. EWI is expected to complete work in September on plans for the new center, which will be located in Buffalo and could be operational by the end of next year.