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From: Shawn Donahue	11/24/2009 12:03:58 AM
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Hires 138! New York manufacturer reopens idle upstate plant New York manufacturer upgrades, reopens idle upstate plant; hires 138 workers On 2:34 pm EST, Monday November 23, 2009 NIAGARA FALLS, N.Y. (AP) -- A newly reopened Niagara Falls manufacturing plant will use hydropower to make products for the solar industry. New York City-based Globe Specialty Metals Inc. said it hired 138 people after spending $27 million on upgrades to the silicon plant it acquired in 2006. The New York Power Authority aided the reopening by approving a 40-megawatt allocation of low-cost hydropower. Globe also is in line for about $25 million in state Empire Development Zone benefits over 10 years. State leaders hope to attract solar panel manufacturers to New York by offering reduced rates on the in-demand purified silicon the Niagara Falls plant will produce. Globe eventually hopes to employ 500 people in Niagara Falls. finance.yahoo.com

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