Washington, DC – U.S. Senator Kirsten Gillibrand today urged the federal government to approve loan guarantees to build wind turbines in auto plants in Syracuse and Massena. The D’Arcinoff Group is a U.S. based company, looking to operate wind turbine manufacturing facilities in 15 plants across the U.S. According to their estimates, the two New York plants could employ up to 12,000 people, working in multiple shifts.
The D’Arcinoff Group is applying for an export loan guarantee with the Export-Import Bank of the United States in order to purchase wind turbines, water electrolysis, seawater desalination and other equipment for an integrated renewable energy business opportunity. The implementation of this project is expected to generate substantial benefits throughout the country. Specifically, this project would result in:
- Direct employment of 105,000 people, for at least seven years, spread over six states where the manufacture of approximately 55,000 wind turbines and related electrolysis units will take place;
- The creation and support of another 1.2 million indirect and supplier-based jobs;
- The utilization of available auto industry facilities and personnel to reach full operation within 18 months; and
- The availability of 5+ billion gallons synthetic Jet A or JP-8 fuels at a fixed price to the U.S. Government.
In a letter to John A. McAdams, Chief Operating Officer and Sr. Vice President for the Export Import Bank of the United States, Senator Gillibrand wrote, “The D’Arcinoff Group’s proposal will significantly advance and enhance our nation’s economic goals and objectives… I again ask that you give prompt consideration to this worthwhile and economically-important application.”