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VIEWPOINT: District Court Enjoins FTC Non-Compete Ban, But With a Catch
On July 3, 2024, the United States District Court for the Northern District of Texas (Hon. Ada Brown, U.S.D.J.) issued a memorandum opinion and order enjoining the enforcement of the Federal Trade Commission’s (FTC) non-compete rule. In so doing, the court held that the plaintiff, Ryan LLC, was likely to succeed on the merits of […]
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On July 3, 2024, the United States District Court for the Northern District of Texas (Hon. Ada Brown, U.S.D.J.) issued a memorandum opinion and order enjoining the enforcement of the Federal Trade Commission’s (FTC) non-compete rule. In so doing, the court held that the plaintiff, Ryan LLC, was likely to succeed on the merits of its claim that the FTC exceeded its rulemaking authority by issuing a substantive rule banning most non-compete clauses and otherwise acted in an arbitrary and capricious manner.
The district court further found that the plaintiff would suffer imminent irreparable harm in the absence of an injunction, the equities decidedly tipped in plaintiff’s favor, and the granting of the requested injunction serves the public interest. However, the court made clear that the injunction was limited to the specific plaintiff and does not extend beyond the parties to that specific litigation. In other words, while the order is indisputably a victory for those who seek to challenge the legality of the non-compete ban, it does not have any impact on the millions of other individuals and businesses impacted by the FTC non-compete ban. The court did make clear in its order that it will issue a decision on the merits of the litigation (i.e., the legality of the FTC’s non-compete ban) no later than Aug. 30 of this year.
The current effective date of the FTC non-compete ban is Sept. 4. As such, given the close proximity in time between the Northern District of Texas’s anticipated decision date and the effective date of the FTC non-compete ban, businesses need to take appropriate steps to prepare for the possibility that the FTC non-compete ban goes into effect. Such steps should include identifying any “workers,” both current and former, who may be subject to non-competes and preparing, but not sending, the notices required by the FTC non-compete ban. We will continue to closely monitor the situation and provide updates as they become available.
Bradley A. Hoppe is a member (partner) in the Buffalo office of Syracuse–based law firm Bond, Schoeneck & King PLLC. He is a litigation attorney who handles a wide range of business, commercial, and municipal matters at the trial and appellate levels in both state and federal court. Contact Hoppe at bhoppe@bsk.com. This article is drawn and edited from the law firm’s website.
Onondaga County seeks proposals for new downtown hotel
County lawmakers approve hotel initiative SYRACUSE — Onondaga County will soon issue a request-for-proposals (RFP) to the private sector build a
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SYRACUSE — Onondaga County will soon issue a request-for-proposals (RFP) to the private sector build a convention-center hotel on a county-owned parking lot just east of the Everson Museum of Art in downtown Syracuse.
A spokesman for the office of Onondaga County Executive Ryan McMahon on July 9 told CNYBJ in an email that the county will issue the RFP in a few weeks. The Onondaga County Legislature on July 2 voted to approve a hotel initiative that the county executive had sent to lawmakers, he added.
That initiative will offer grants ranging from $50,000 to $750,000 to developers to help in closing funding gaps in new hotel construction and/or incentivize existing hotels to add rooms to their current hotel stock.
McMahon on June 4 discussed both the RFP and the hotel initiative on the county-owned parking lot where a developer would build the future convention-center hotel.
Danny Liedka, executive director of Visit Syracuse, tipped his cap to Onondaga County leaders for the effort to improve the area’s hotel situation.
“Instead of waiting for this problem to really take hold, they’ve been aggressive in being out in front of it,” Liedka said in speaking at the same June 4 event. “There’s no lack of interest here; it’s the interest rates that are causing the delay, and I do believe this incentive can help bridge that gap for these developers.”
Onondaga County and Syracuse have really made “incredible strides” in hotel occupancy as well as competitiveness with its Thruway neighbors.
“Now, we’re on par with them, so let’s not give ground back,” Liedka said. “The way we do give ground back is without hotels but our county executive and our legislature are stepping up to the plate to make sure that we don’t go backwards. We continue to go forwards and take advantage of the momentum.”
McMahon also noted the county had worked with Visit Syracuse and Syracuse University to get the NCAA men’s basketball tournament to return to the JMA Wireless Dome, but the lack of hotels prevented that from happening.
In his June 5 remarks, McMahon said the county hopes to issue the RFP within 60 days to developers both in New York and across the country. The county will form an RFP committee to review the responses when they come forward.
“For years, we’ve heard from Visit Syracuse and our team at [ASM Global] about the need for connectivity with our convention center and a hotel. The Hotel Syracuse, now the [Marriott Syracuse Downtown] is a jewel in our community and helped fill that void,” McMahon said in his remarks.
But he also noted that due to the lack of hotel-room inventory, it’s “very difficult” for the convention center to book out any business and compete for conventions when you have a lack of inventory.
The proposal for the Onondaga County Hotel Initiative would use $4 million from the room-occupancy tax fund balance, McMahon said.
Besides helping the close funding construction funding gaps and helping existing hotels add rooms, the grant program could also help developers focused on adaptive reuse projects of old buildings with “different potential,” he added.
“Criteria will be established to grade each proposal, including but not limited to, the type of hotel and most importantly, how quickly it will come online and obviously looking at locations of regional significance as well,” the county executive said.
Onondaga County Community Development will operate the Onondaga County Hotel Initiative and will make funding awards “on a rolling basis.” Developers will submit documentation showing they have a viable project, financing in place, and identifying the project’s funding gap.
“We don’t know how successful this will be. I know that many of us, including myself, think that this will be a start to potentially a second phase of this type of funding, but we know we need rooms. We need them now. We need to incentivize to get projects going not 24 months from now but, quite frankly, right now,” McMahon contended.
Northeast Jazz & Wine Festival moving to the Landmark Theatre
SYRACUSE — It’s an event that’s moving from one historic Syracuse location to another near the end of the month. The Berkshire Bank Northeast Jazz & Wine Festival, which has been held in Clinton Square since 2001, is moving to a new part of downtown Syracuse July 26-27. The Landmark Theatre will host the festival’s
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SYRACUSE — It’s an event that’s moving from one historic Syracuse location to another near the end of the month.
The Berkshire Bank Northeast Jazz & Wine Festival, which has been held in Clinton Square since 2001, is moving to a new part of downtown Syracuse July 26-27.
The Landmark Theatre will host the festival’s main stage and a second stage on the mezzanine level. In addition to the music, the festival will include wines from around the world in the lobby bar, along with beer and whiskey.
The event, presented annually by CNY Jazz, is considered “the performing arts anchor of Artsweek in Downtown Syracuse,” per the June 20 announcement.
Besides the activity inside the Landmark, the 100 block of West Jefferson Street, adjacent to the theater, will host a food truck and vendor village, the event organizer said. It’ll include the Stanley Law youth and community stage, which will feature the area’s emerging talent, along with community groups and strolling musicians.
“The move makes a lot of sense for us, and for our audience,” Larry Luttinger, CNY Jazz founder and festival organizer, said in the announcement. “We’re enhancing public safety and improving climate resiliency in one stroke and retaining all the elements of a festival that’s been serving Syracuse for over 20 years. We’re now only two blocks from the Arts and Crafts Festival, and now situated at the gateway of Armory Square. We’re reducing street closings at a time when we’re entering a long period of I-81 construction around downtown. Plus, we’re next to the biggest parking lot downtown, next to the Armory. All this spells success, a better audience experience, and a better arts showcase for downtown, Central New York, and cultural tourists.”
Event headliners include Shayna Steele, who will be the final performer on July 26, and the Family Stone will take the stage July 27 to “celebrate the five decade-plus legacy that changed soul music forever.” The new band is led by original member and Rock and Roll Hall of Famer Jerry Martini and includes second generation band members Phunne Stone and Swang Stewart. The group is presented in association with Tom Honan and Live Space Entertainment.
The main stage lineup also includes the smooth jazz guitar and sax double bill of Blake Aaron and Will Donato; dean of the west coast jazz trumpet scene Clay Jenkins with the Lamb, Mack, and Sorgen Trio; Brass Inc, high energy horn band and regional favorite; and CNY Jazz legacy Mike Kammers, returning from Brooklyn to his hometown with his entire MK Groove Orchestra.
The Artsweek map is changing this year as well. The festival will coincide with the opening week of the new downtown “Art Trail” connecting multiple cultural destinations across the city.
“We’re grateful to work with the Downtown Committee to produce this summer’s first-ever Art Trail, which coincides with the Northeast Jazz and Wine Festival and the Syracuse Arts and Crafts Festival,” Steve Butler, executive director of CNY Arts, said in the announcement. “The Art Trail is an exciting opportunity for everyone to enjoy all the fabulous free art that Syracuse has to offer. CNY Jazz has made significant contributions to our creative community over the years, and we’re thrilled that these events offer such a unique lineup next month.”
The jazz and wine festival continues to benefit from “strong” support at the state level, and a large group of corporate sponsors also contributes to the success of the festival, per the announcement.
“We’re once again delighted to sponsor this festival. We look forward to enjoying this family friendly event with the entire Central New York community,” Jim Morris, New York State president of title sponsor Berkshire Bank, added in the announcement.
Emerson Foundation names new board president
AUBURN — The Fred L. Emerson Foundation board of directors has elected Lori E. Robinson to serve as the ninth president of the foundation. Robinson is the great-granddaughter of Fred L. Emerson, the foundation’s founder. Born and raised in Auburn, Robinson has served as a director of the foundation since 1992. She is a graduate
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AUBURN — The Fred L. Emerson Foundation board of directors has elected Lori E. Robinson to serve as the ninth president of the foundation.
Robinson is the great-granddaughter of Fred L. Emerson, the foundation’s founder.
Born and raised in Auburn, Robinson has served as a director of the foundation since 1992. She is a graduate of Hamilton College and resides in Greenwich, Connecticut with her husband and two children.
Robinson succeeds Kristen E. Rubacka who served as president of the Emerson Foundation since 2018. Rubacka will continue to serve on the foundation’s board of directors.
“The Emerson Foundation’s mission is to continue the work of Fred L. Emerson by being especially vigilant investors in selected organizations where we believe we can make a critical and significant difference. Our work today is more important than ever,” Robinson said in a news release. “It is an honor to lead our family foundation and I look forward to working with the board and staff to continue to serve the needs of the community about which Fred cared so deeply.”
The Emerson Foundation also announced that the board has elected the following individuals to leadership roles with the foundation board: Alex Kinal Wagner as VP, Heather A. Emerson as treasurer, and Sally E. Wagner as secretary.
The Fred L. Emerson Foundation is a private family foundation established in 1932 by its namesake. The foundation provides funding to numerous community and charitable organizations in Auburn and surrounding Central New York area, where Fred L. Emerson lived and worked.
New York SBDC to honor regional small businesses in client roadshow presentations
ALBANY — The New York Small Business Development Center (NY SBDC) has scheduled award presentations at businesses in Lowville, Utica, Oneonta, and Hogansburg in Franklin County. They’re among 10 award recipients that NY SBDC will honor as part of its upcoming client awards roadshow beginning July 29, per its July 8 announcement. The NY SBDC’s
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ALBANY — The New York Small Business Development Center (NY SBDC) has scheduled award presentations at businesses in Lowville, Utica, Oneonta, and Hogansburg in Franklin County.
They’re among 10 award recipients that NY SBDC will honor as part of its upcoming client awards roadshow beginning July 29, per its July 8 announcement.
The NY SBDC’s 2024 Client Awards Roadshow is described as a “[statewide] celebration and acknowledgment of outstanding small businesses throughout New York.”
Each recipient is a client of a regional SBDC, including Onondaga, Mohawk Valley, Binghamton, and Canton.
The 10 award recipients also include those that operate in Jamestown, New York City (two), Staten Island, and Stony Brook on Long Island.
This year’s 10 award winners were selected in several categories and selected from more than 23,000 small-business clients across New York State, NY SBDC said.
“We are excited to continue this tradition of honoring the remarkable achievements of our small business clients,” Sonya Smith, state director of the New York SBDC, said in the announcement. “The Annual Client Awards Roadshow allows us to spotlight the diverse and innovative entrepreneurs contributing significantly to New York’s economic landscape. It’s a testament to the resilience and creativity of our small business community, as well as the dedicated support provided by our SBDC advisors.”
Below is a listing of the award recipient and category under the date of the award presentation.
July 29
NY SBDC will recognize Hand in Hand, an early childhood center, in Lowville as the Rural Business of the Year. Jennifer Bleakley is the executive director and, it is an Onondaga SBDC client.
July 30
Shepherd Group LLC d/b/a BGM Supply is a company specializing is heating, ventilation, and air conditioning (HVAC) and plumbing supplies. NY SBDC selected it for the Procurement Business of the Year. Mary Shepherd is the owner, and it is a Mohawk Valley SBDC client.
Aug. 14
Stop, Pop & Roll Boba is described as a “Pop up vendor rolling through the FLX area bringing custom popping fruit Boba Tea deliciousness!” per its Facebook page. NY SBDC will recognize operator Greyson Wells as the Young Entrepreneur of the Year. Wells is a client of the Binghamton SBDC.
Aug. 15
NY SBDC will recognize Yaks Youth Center, LLC in Oneonta as the Community Impact Business of the Year. Heather Boxill-Yakalis is the owner and a client of the Binghamton SBDC.
Sept. 5
AM Equipment NY of Hogansburg is the Growth Business of the Year. Andris White is the owner and a client of the Canton SBDC in St. Lawrence County.
Ask Rusty: Shocked Because Medicare Increase Results in Loss of SS Benefits
Dear Rusty: My wife and I have taken a Social Security “cut” — no 3.2 percent raise for us, due to something called “IRMAA,” based on our income. We actually took, together, a $400 a month cut. As far as I can tell from what the Social Security Administration (SSA) told me, we are means
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Dear Rusty: My wife and I have taken a Social Security “cut” — no 3.2 percent raise for us, due to something called “IRMAA,” based on our income. We actually took, together, a $400 a month cut. As far as I can tell from what the Social Security Administration (SSA) told me, we are means tested and were too successful, so our Medicare premiums were much higher, which resulted in our reduced Social Security payments for 2024. Have you sorted this out? And, if so, can I appeal this disgusting situation?
Signed: Baffled Senior
Dear Baffled Senior: We’re very familiar with the “Income Related Monthly Adjustment Amount” — not so affectionately called “IRMAA.” IRMAA catches many Social Security beneficiaries by surprise, not only higher earners such as you, but also those who make large withdrawals from a tax-deferred account, who sell property, or who have any other kind of sudden large bump in their taxable income. Essentially, if your income is over certain thresholds for your IRS filing status, you pay a higher IRMAA premium for your Medicare Part B (coverage for outpatient services) and your Part D (prescription-drug coverage). And since your Medicare premium is automatically deducted from your Social Security payment, your net monthly Social Security payment goes down.
Any cost-of-living adjustment (COLA) added to your Social Security benefit is often consumed by an IRMAA increase to your Medicare premiums. And, to further complicate matters, your Medicare premium for the current year is determined by your income from two years prior, which means your 2024 Medicare premiums were determined by your 2022 income.
The IRMAA thresholds are different depending on your income-tax filing status, but assuming you file your taxes as “married/jointly,” your combined 2022 income had to be more than $206,000 to cause IRMAA to apply in 2024. With income between $206,000 and $258,000, each of your Part B premiums would be $244.60 (instead of the standard $174.70), and your Part D premium (if you have Part D) would incur another $12.90 on top of your regular Part D premium amount. IRMAA premiums further increase on a sliding scale, and those with income of $750,000 or more would pay a maximum Medicare Part B premium of $584/month and would incur another $81 per month added to their normal Part D premium. Thus, as you have noted, Medicare premiums are, indeed, “means-tested.”
Can you appeal “this disgusting situation?” Well, you can always appeal any SSA determination, but appealing IRMAA will only be successful if you can prove that the income the agency used to determine your 2024 Medicare premium was incorrect, or if you can convince it to use a more-recent year with a lower income to calculate your Medicare premium. If you believe you can be successful, you should call the SSA (800-772-1213) to formally appeal the IRMAA premium, or you can submit form SSA-44 to appeal based on a “life-changing event.”
I know that understanding how IRMAA works won’t soften your dismay, but I can only explain the rules and how they work. Your 3.2 percent COLA increase for 2024 was used to offset some of the IRMAA Medicare premium increase caused by your higher income, and it is IRMAA which caused your net Social Security payment to go down. FYI, your Medicare premiums are recalculated each year, so if your income goes down to below the IRMAA threshold for your tax-filing status, then your Medicare premium will revert to the standard amount for each year.
I hope this clarifies why your Social Security payments went down and why you didn’t see your COLA increase, but the AMAC Foundation is always available to answer any questions you may have about Social Security.
Russell Gloor is a national Social Security advisor at the AMAC Foundation, the nonprofit arm of the Association of Mature American Citizens (AMAC). The 2.4-million-member AMAC says it is a senior advocacy organization. Send your questions to: ssadvisor@amacfoundation.org.
Author’s note: This article is intended for information purposes only and does not represent legal or financial guidance. It presents the opinions and interpretations of the AMAC Foundation’s staff, trained, and accredited by the National Social Security Association (NSSA). The NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity.
CNY Community Engagement Committee details Micron investment fund priorities
SYRACUSE — It’s a group that’s been working for more several months to identify community priorities and “create a framework for directing investments” for a multi-million-dollar fund that’s connected to Micron’s deal with New York State government. The Central New York Community Engagement Committee (CEC) on June 27 released a document with ideas for using
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SYRACUSE — It’s a group that’s been working for more several months to identify community priorities and “create a framework for directing investments” for a multi-million-dollar fund that’s connected to Micron’s deal with New York State government.
The Central New York Community Engagement Committee (CEC) on June 27 released a document with ideas for using the $500 million Green CHIPS Community Investment Fund.
The fund is a requirement of the 2022 agreement between New York State and Micron Technology, Inc. (NASDAQ: MU). As a requirement of Micron’s participation in the state’s Green CHIPS incentive program, the company established a $500 million Green CHIPS Community Investment Fund in partnership with Empire State Development.
The group’s community-priorities document (CPD) represents a “community-driven and collaborative approach to guiding” the $500 million Green CHIPS Community Investment Fund, per a June 27 announcement from CenterState CEO.
The document represents more than 13 months of community-driven engagement across more than 300 community organizations. It includes input from more than 12,700 Central New Yorkers and is intended to serve as a “guiding strategy to amplify the benefits” of Micron and New York State’s investments in Central New York.
The CEC co-chairs, Melanie Littlejohn, president & CEO of the Central New York Community Foundation, and Tim Penix, VP of the Syracuse Educational Opportunity Center, released the following statement about the document.
“The Community Engagement Committee set out with a clear mission to ensure our region’s future benefits everyone, especially those historically left behind. Through extensive outreach and thousands of community members’ input, we’ve crafted the Community Priorities Document. This is a roadmap for equitable growth in the wake of Micron’s transformative investment. This document represents more than just a plan, it’s a testament to our community’s collective voice and a model for inclusive development. As we move forward, we’re committed to turning these priorities into tangible progress, creating opportunities that reach every corner of Central New York. Our work proves that when a community comes together, we can shape our destiny in ways that lift us all,” Littlejohn and Penix said in the CenterState CEO announcement.
Micron’s planned investment of up to $100 billion in New York, the largest private investment in state history, is expected to create more than 50,000 new jobs as a four-fab, chip-manufacturing complex is built over the next 20-plus years in the town of Clay.
It’s believed the project “has the potential to fundamentally change the economic trajectory of Central New York,” and the CPD will “help secure ground-up community participation in the coming changes,” per the announcement.
Gov. Kathy Hochul appointed the CEC to “identify community priorities and create a framework for directing investments” in areas such as education, community assets, housing, workforce development with an emphasis on underrepresented communities (women, people of color, rural communities, and veterans), childcare, transportation, and infrastructure.
The document identifies six priority areas, and they include education; workforce development; minority-, women-, veteran-owned business (MWVBE) and small business supports; housing; healthcare and family supports; and sustainable infrastructure.
It also identifies immediate priorities that require resources in the short term. They include K-12 education, workforce development, MWVBE and small business support, housing and childcare.
The CPD also provides “strategic vision for sustainable and inclusive growth” stemming from Micron’s investment in the region over the next twenty-plus years. The CEC intends to continue engaging local stakeholders to “revisit and update the document as needed” to ensure that it continues to “reflect the changing dynamics and needs of the community.”
In addition, the priorities, principles, and core considerations detailed in the document will be used to help guide the $500 million Green CHIPS Community Investment Fund towards the communities’ most pressing needs and aspirations.
“On behalf of Micron, I want to thank the Community Engagement Committee, Empire State Development, CenterState CEO, and every Central New Yorker who shared their voices to help produce the CPD,” April Arnzen, executive VP and chief people officer at Micron and president of the Micron Foundation, said in the announcement. “Our journey together in Central New York is just beginning. With the guidance of the CPD, we will build on Micron’s early investments already underway in the region and focus on impactful collaborations to support the community moving forward.”
Upstate’s Air Upstate drone team conduct first BVLOS flight
SYRACUSE — In May, Upstate Medical University says it completed a key test flight for its drone program that advances the health system’s goal of
New Launch NY investments include startups in Ithaca, Rochester, Buffalo
BUFFALO — A fledgling Ithaca business is among the Upstate companies in which Launch NY has invested. Caretech Human in Ithaca is one of three companies that will use $175,000 from Launch NY. It also invested in TelosAir in Rochester and Edenesque in Buffalo. Caretech has developed a small device that users can install above
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BUFFALO — A fledgling Ithaca business is among the Upstate companies in which Launch NY has invested.
Caretech Human in Ithaca is one of three companies that will use $175,000 from Launch NY. It also invested in TelosAir in Rochester and Edenesque in Buffalo.
Caretech has developed a small device that users can install above the waterline in their toilet bowl, providing continuous health monitoring for urology diseases.
In all three cases, Launch NY contributions included $75,000 coming from its nonprofit seed fund and $100,000 from the Launch NY Seed Fund II, a new for-profit limited partner fund that started making investments in 2023.
The Buffalo–based Launch NY sees the investments as “continuing the pace that has made it the most active seed fund in the state by investing from both its nonprofit and for-profit InvestLocal financing programs,” per its announcement.
The nonprofit Launch New York, Inc. is a venture-development organization that operates in the 27 westernmost counties of upstate New York. Since its inception in 2012, Launch NY has served more than 1,600 companies which have gone on to raise more than $1.4 billion, generate more than $250 million in annual revenue and supporting more than 5,100 jobs, per its May 29 announcement.
“We are pleased to bring exciting new companies into the Launch NY portfolio, especially as they prepare to enter commercial manufacturing and begin to truly scale their innovative products,” Marnie LaVigne, president and CEO of Launch NY, said. “These investments represent our region’s belief and experience showing that putting seed stage capital into these Upstate New York startup companies can create market-leading products competitive not only on a local, but national scale — and beyond.”
Based at Cornell University’s Center for Life Science Ventures business incubator, Caretech Human’s non-invasive, “passive” monitoring system has “enormous potential” to create screening and early-detection for diseases that affect more people than diabetes, per the Launch NY announcement. Launch NY’s $175,000 investment into the company will allow it to enter commercial production in preparation to enter the market.
Caretech Human is led by CEO Dan Matsui, who said his company is bringing a “new standard of care in the urology field.”
“In some health domains, patients have tools for self-monitoring at home such as blood pressure devices, cardio holders, or glucometers. However, in urology, there is no convenient way to assess the severity of symptoms and disease progression at home,” Matsui said in the Launch NY announcement. “Launch NY funding helped the company stay focused on its goals during this exciting time, and we’re excited to begin manufacturing and selling our device.”
Revere Copper expands with North Carolina plant
ROME — The electrification of America is benefiting Revere Copper Products of Rome. Demand for copper and increased business led to the company opening a new manufacturing plant in North Carolina to meet the growing demand. After more than a year of getting ready, Revere cut the ribbon April 10 on its plant in Mebane,
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ROME — The electrification of America is benefiting Revere Copper Products of Rome. Demand for copper and increased business led to the company opening a new manufacturing plant in North Carolina to meet the growing demand.
After more than a year of getting ready, Revere cut the ribbon April 10 on its plant in Mebane, N.C. Located at 2125 Sen. Ralph Scott Parkway, the approximately 100,000-square-foot facility employs about 35 people who produce copper bus bars. The building was once home to Prescient, a steel truss and framing manufacturer. Revere leases the building.
“Demand for copper is growing,” Amy O’Shaughnessy, VP of sales and marketing, says. “How ever it can be made, there’s pretty much a need for it.”
The electrification of society – electric vehicles, upgrades to the grid, the growing number of data centers — plays a huge role in the increased demand for copper, she says.
“We basically filled up our capacity in Rome,” O’Shaughnessy says. The 900,000-square-foot Rome plant employs about 350 people who melt copper and roll it into a finished product.
The company completed a capacity upgrade in Rome that began in 2023 and ended in early 2024 that included swapping out a melting furnace — used to make copper cakes.
“We put in a new furnace that has new technology and a greater capacity to melt copper,” O’Shaughnessy says.
Revere needed to expand further, she says, and chose North Carolina because the company expanded using a different technique — the bus bar.
In New York, Revere buys both scrapped and mined copper to use in its process, but the resource is already constrained.
The bus-bar process begins with a copper rod, and Revere works with a new supplier that makes that rod. That supplier is located near the new North Carolina plant, which is also close to customers for the bus bar, which is often used to make the switch gear for electrical applications.
Revere opened the new plant in February 2023 and has spent the past year getting fully up to speed.
“We’re learning the equipment and how to most efficiently run it,” O’Shaughnessy says.
Now that Revere has the hang of things, there will be a second wave of investment coming to the Mebane plant, she says.
The company will be adding new machinery that will double the plant’s capacity. That also means it needs to double employment, O’Shaughnessy says.
“What a great workforce down there,” she says, adding praise for the company’s Rome employees as well. “The people that make our products, they are the pulse of the company.”
Headquartered in Rome, Revere is an employee-owned business. The markets it serves include electric vehicles, power distribution, architectural, electrical, telecommunications, air conditioning, industrial machinery, and equipment.
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