FALCONER – Another manufacturer is moving out of the area.
The Jamestown Post-Journal is reporting Tuesday that Power Drives Inc. – which has a part of its operation currently located at 2148 Allen St. Ext. in Falconer – will be moving it’s Falconer division to Buffalo as part of the company’s strategic plan for future growth.
According to the Post-Journal, an estimated 98 workers in Falconer will be affected by the move, although the report does say that 2 thirds of them will have the opportunity to relocate to Buffalo if they want to keep their current position in the company.
Power Drives is expected to make the move this summer.
Headquartered in Buffalo, Power Drives Inc. was founded in 1946. The company designs and manufactures custom-engineered hose and tube assemblies for original equipment manufacturers and engineered systems for locomotives and other mobile equipment.
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