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Project Name

TexWeb, Inc./Petrolift


8698 South Main Street
New York


Project Details

The company is looking to start up operations in the Western New York region and has acquired a 36,000 sq. ft. building in the Town of Eden.  The expansion into the U.S. is the result of increased domestic oil and natural gas production in North America.  The facility in Eden is in need of considerable rehabilitation.  Except for a small fabrication shop which occupies 5,000 sq. ft. of space, the remainder of the building is vacant and in need of substantial repairs.  In addition to internal renovations the company plans on installing a new roof and windows.


Status Details

 6/18/2014 $1,582,250 Lease/Leaseback Inducement Resolution passed by ECIDA Board of Directors