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NATIONAL GRID FUNDING HELPS MILK STREET DAIRY GROW WITH EXPANDED, ENERGY EFFICIENT FACILITY
NATIONAL GRID FUNDING HELPS MILK STREET DAIRY GROW WITH EXPANDED, ENERGY EFFICIENT FACILITY

New Facility Increases Production and New Jobs Are Anticipated

WATERTOWN, N.Y. – Milk Street Dairy LLC, a dairy farm in Tylerville, N.Y., has completed construction of five new buildings and increased its production capabilities in part due to an investment from National Grid’s upstate New York economic development program.

The $50,000 National Grid grant helps to defray the cost of extending 3-phase electric service to the dairy farm. A $2 million investment by Milk Street Dairy will improve productivity and increase milking capacity by 800 cows, nearly tripling production. The expansion includes a new barn, connecting building, holding pen, high-tech milking parlor, and utility building. Milk Street Dairy anticipates the expansion will create new jobs.

“Like all small businesses, Milk Street Dairy's ability to thrive depends on incorporating new technologies, while controlling expenses,” said John Ferry, co-owner and partner, Milk Street Dairy. “When proposing the construction of a new facility to allow for further expansion and job creation, one looming cost increase was electrical power. With the assistance of National Grid, through the 3-Phase Power Incentive grant, our new facility is supported by 3-phase power, helping us to control costs. National Grid supplied a much appreciated incentive to push this project forward.”

Since the inception of its 3-Phase Power Incentive Program in 2003, National Grid has awarded 21 grants for a total of nearly $710,000 to small business and agri-business customers in the communities it serves across Upstate New York for projects that require 3-phase power for business growth.

“National Grid is dedicated to promoting small businesses and helping them grow by providing ways to increase their productivity and reduce capital costs,” said Melanie Littlejohn, National Grid regional executive of Central New York. “Our 3-Phase Power Incentive Program allows businesses like Milk Street Dairy to become more efficient and save money. We are pleased to aid businesses right here in Central New York that are undertaking projects that result in growth, increased sales, and job creation and retention.”

Eligibility for National Grid’s 3-Phase Power Extension program is open to National Grid electric service customers in one of the following industry sectors: manufacturing, regional warehousing/distribution center, scientific research and development, agri-business or tourism-related North American Industry Classification System (NAICS) code. The business must also demonstrate the ability to retain and attract jobs and capital investment, and that 3-phase power is necessary to serve an increase in the customer’s electric load.

“The Milk Street Dairy project is an example of how agriculture is growing our economy,” said Jay M. Matteson, Jefferson County agricultural coordinator. “The construction of buildings, purchase of equipment, and the growth in milk production creates jobs locally and elsewhere. The partnership with National Grid is critical to the success of growing agriculture. The $50,000 investment by National Grid makes these expansion projects possible. We look forward to the success of Milk Street Dairy and working closely with National Grid to address the power needs of our agricultural industry.”

For more information on the program and other eligibility requirements, please visit www.shovelready.com .

About National Grid

National Grid (LSE: NG; NYSE:NGG) is an electricity and gas company that connects consumers to energy sources through its networks. The company is at the heart of one of the greatest challenges facing our society - to create new, sustainable energy solutions for the future and developing an energy system that underpins economic prosperity in the 21st century. National Grid holds a vital position at the center of the energy system and it ‘joins everything up’.

In the northeast US, we connect more than seven million gas and electric customers to vital energy sources, essential for our modern lifestyles. In Great Britain, we run the gas and electricity systems that our society is built on, delivering gas and electricity across the country.

National Grid delivers electricity to approximately 3.3 million customers in Massachusetts, New York and Rhode Island. It manages the electricity network on Long Island under an agreement with the Long Island Power Authority (LIPA), and owns over 4,000 megawatts of contracted electricity generation, providing power to over one million LIPA customers. It is the largest distributor of natural gas in northeastern U.S., serving approximately 3.4 million customers in New York, Massachusetts, and Rhode Island.

For more information please visit our website: www.nationalgridus.com

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