Faso, Seward visit Oneonta electronics producer
The company recently unveiled an expansion plan to develop energy storage systems.
CEI, established in 1964, makes capacitors and electronic assemblies for use in communications, transportation, medical and defense industries. The
For five years the company has been developing a battery pack that could replace generators, CEO
Generators are noisy and costly to run, especially during emergency situations, because of the need for gasoline to fuel them. A battery, in contrast, can be run with no fuel and can run for more than 24 hours with solar panels.
Pentaris said CEI is hoping to work with local, federal and state departments to develop communications and emergency management using this technology, which Pentaris said has not been manufactured in the
CEI is currently seeking funding to fully develop this part of its business and has entered into a partnership with Otsego Now to submit a grant for federal and state funds to help with the
The expansion will continue whether or not the grant application is accepted, Pentaris said, but without the grant, it will take more time.
The company employs around 80 people. The expansion will mean 15 new jobs in the next two years.
"I haven't given up on manufacturing in upstate
"We don't have research centers or large research-focused universities, so manufacturing needs to develop here," Pentaris said.
The two major problems Pentaris identified for small manufacturers in the area are a shortage of qualified labor and the cost of manufacturing with tariff uncertainties looming.
Faso said he toured about a dozen manufacturing plants in the district, and the question of tariffs has come up in every tour.
Tariff imposed by President
Faso warned of the "unintended consequences" of a runaway trade war with
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