Breaking ground for the future

Paul Basha, YEC President & CEO
Paul Basha, Pres­i­dent & CEO

York Elec­tric is com­mit­ted to pro­mot­ing an improved qual­i­ty of life. One way we do that is by tak­ing a lead­er­ship role in encour­ag­ing eco­nom­ic devel­op­ment. We work close­ly with eco­nom­ic devel­op­ment pro­fes­sion­als as well as local and state gov­ern­ment agen­cies to pro­vide a con­duit for busi­ness loca­tions and expan­sions of busi­ness­es that sup­port our com­mu­ni­ty.

YEC assist­ed with the loca­tion of Shut­ter­fly, Inc. to York Coun­ty. Shut­ter­fly, the on-line pho­to book com­pa­ny, moved into the for­mer Unit­ed Amer­i­can Video build­ing in Fort Mill. The com­pa­ny began oper­at­ing in the sum­mer of 2013 and cur­rent­ly employs 300 in its 318,000-square-foot facil­i­ty. It also expects to cre­ate between 350 to 500 new jobs in the next five years. Pow­er reli­a­bil­i­ty is cru­cial to the film-pro­cess­ing and print­ing indus­try, and YEC is proud to add this com­pa­ny to its grow­ing list of large accounts.

East York Industrial Park

The East York Indus­tri­al Park (EYIP) is a shin­ing exam­ple of YEC’s com­mit­ment to bring­ing qual­i­ty jobs and indus­tries to its ser­vice area. The EYIP, estab­lished by YEC in 1989, is a 465-acre tract of prime indus­tri­al real estate. It offers busi­ness­es a con­ve­nient loca­tion and afford­able prices with a full range of sup­port ser­vices. The EYIP has cre­at­ed more than 800 jobs and $85 mil­lion in cap­i­tal invest­ment.

Since 2012, Cen­trex Plas­tics and Blues­tar Sil­i­cones moved into exist­ing build­ings in the EYIP, and on Jan. 8, Sil­cotech North Amer­i­ca Inc., a man­u­fac­tur­er of sil­i­cone com­po­nent, broke ground. The com­pa­ny will invest $3.5 mil­lion in an injec­tion mold­ing plant that will employ as many as 50 peo­ple in three to five years. The planned 18,000-square-foot facil­i­ty is expect­ed to be oper­at­ing by July.

Where we’re heading now

Hav­ing assist­ed with the addi­tion of one spec­u­la­tive build­ing locat­ed in Rock Hill, we are now mov­ing for­ward with plans to build a sec­ond one in West­ern York Coun­ty. A spec­u­la­tive build­ing, or “spec. build­ing” as they are com­mon­ly referred, is a facil­i­ty that is built in hopes that a ten­ant will soon locate.

Many com­pa­nies would rather move into an exist­ing build­ing as opposed to build­ing a new one. Coro­plast, a Ger­man com­pa­ny that makes adhe­sives for the auto­mo­bile indus­try, recent­ly pur­chased the first spec. build­ing. With their fast time frame for pro­duc­tion and prox­im­i­ty to Char­lotte, this avail­able facil­i­ty on I‑77 fit per­fect­ly with their needs.

Silcotech North America Inc. held a ceremonial ground breaking in York Electric's East York Industrial Park.
Sil­cotech North Amer­i­ca Inc. held a cer­e­mo­ni­al ground break­ing in York Elec­tric’s East York Indus­tri­al Park. Pho­to: Cameron Moore

Projects such as this are just anoth­er exam­ple of ways YEC works to improve the qual­i­ty of life by pro­vid­ing jobs and increas­ing the tax bases for our school dis­tricts.

Save the date: May 20, 2014Save the Date: We’ll give you the credit–for par­tic­i­pat­ing in your Coop­er­a­tive’s Annu­al Meeting–a $15 elec­tric bill cred­it! The Annu­al Meet­ing will be held on Sat­ur­day, May 10th at York Elec­tric’s main office in York. Each mem­ber who is present and reg­is­ters will receive a $15 cred­it on their elec­tric bill and have the oppor­tu­ni­ty to win valu­able prizes. We look for­ward to see­ing you there!

YEC will con­tin­ue to focus on pro­vid­ing its mem­bers with reli­able and afford­able elec­tric ser­vice. By main­tain­ing a low-cost and abun­dant pow­er sup­ply backed by an active infra­struc­ture and enhanced busi­ness recruit­ment plan, YEC plans to keep our ser­vice area a vital, pow­er­ful eco­nom­ic oppor­tu­ni­ty for busi­ness. Serv­ing large com­mer­cial and indus­tri­al loads helps YEC hold down the cost of ser­vice for all mem­bers.

Paul Basha

Paul Basha
Pres­i­dent and Chief Exec­u­tive Offi­cer

Related Links:

Eco­nom­ic Devel­op­ment 
East York Indus­tri­al Park 
Affil­i­a­tions