Add one more local company to take advantage of a deal for electricity offered by the Board of Public Utilities.
On Friday, officials from the BPU and Truck-Lite manufacturing met to sign a new flex rate agreement outisde the company's corporate headquarters in Falconer.
"We're very happy to have Truck-Lite signing on to a flex rate agreement," said David Leathers, BPU general manager.
He explained the utility service offers a reduced rate, good for a term of four years, on electricity in exchange for a commitment from the company to keep production - and its job force - at its local operation.
"They compete around the world with their products and they have multiple facilities. We want as many jobs here in the Jamestown area as we can help support."
Leathers said the specific deal is based on the size of their electric consumption, the number of workers currently employed at the site, and their local capital investment.
"It's a win-win for Truck-Lite as well as the community, in giving them some help as it relates to competitiveness in their business."
The Falconer operation of Truck-Lite includes a manufacturing line, as well as its corporate offices that oversees other facilities throughout the world.
"In this facility we employ a littler over 300 people, said Brian Kupchella, president of the company. "It's important for us to have a competitive electricity rate to move forward."
He added the company is currently expanding, and contacted the BPU to request the deal.
Truck-Lite produces high quality lighting products and accessories for the vehicle industry, including the markets of automotive, heavy-duty and international trucking, off-highway construction, marine, bus, military and recreational vehicles.
SKF Aeroengine and RHI Monofrax also have flex rate contracts with the BPU.
Leathers said there is a cap on the program, but said the economic climate is right for others to benefit from the offer.
"Hopefully we have some larger customers work with us," he said.
