Nearly $3 Million Investment to Increase Manufacturing Capacity of Couplings at Westfield Plant; Project to Create 9 New Skilled Jobs and Retain 63 Workers
Empire State Development (ESD) today announced that Renold, Inc is expanding its Chautauqua County operations, modernizing its historic Westfield facility at 100 Bourne Street. A local fixture since the early 1900s, the Renold Westfield plant will undergo a $2.975 million transformation to include a dedicated advanced manufacturing cell, optimizing the production of high-demand industrial couplings. Supported by up to $140,000 in performance-based Excelsior Jobs Program tax credits, this investment is expected to create approximately nine new skilled jobs.
“Renold’s expansion in Chautauqua County is a prime example of how we are modernizing New York’s historic manufacturing hubs to meet the needs of the 21st-century global economy,” said Empire State Development President, CEO & Commissioner Hope Knight. “By investing in advanced manufacturing capabilities for critical components like generator couplings, we are not only preserving a local fixture in Westfield but also creating high-skilled jobs that will drive Western New York’s economic future.”
Renold is a global leader in designing and manufacturing custom gear spindles, couplings, and specialized gearing. Its products are essential to diverse industries—from cement and chocolate manufacturing to subway trains and power stations. The Westfield plant is a critical node in a worldwide operation spanning 16 countries.
Specifically, the Westfield facility produces a unique coupling used in electrical generators for large-scale data centers. These components eliminate vibrations to ensure the smooth transfer of electricity. Currently, the plant produces 15 of these units per week at maximum capacity. By integrating a new advanced manufacturing cell featuring Okuma machining centers, Renold will more than double its output to 40 couplings per week to meet surging demands from large natural gas generator manufacturers.
"For over a century, Renold Westfield has been a cornerstone of industrial manufacturing in Western New York, and this expansion ensures we remain at the forefront of engineering excellence," said Shane Marcheson, Group General Manager of Renold Westfield. "By integrating this new advanced manufacturing cell, we are efficiently scaling our output of the specialized couplings essential for today's high-demand data infrastructure. We are deeply grateful to Empire State Development for their partnership, which helps us build on our legacy of innovation and continue investing in our local community."
The project is expected to be completed by the end of 2026.
Chautauqua County Executive Paul M. Wendel Jr. said, "Renold’s investment in Westfield is a tremendous win for our community. This expansion not only preserves a proud local manufacturing legacy that spans more than a century but also adds highly-skilled union jobs and modern manufacturing technology to Chautauqua County. County Government and the County of Chautauqua Industrial Development Agency were pleased to help coordinate incentives to support this major business expansion and job growth. We’re proud to support businesses like Renold that are driving innovation, strengthening our workforce, and contributing to the economic growth of Western New York."
Westfield Village Mayor Dennis L. Lutes said, "The Village of Westfield is pleased to acknowledge Renold Inc.’s continued commitment to our community and region. This expansion complements the many positive initiatives currently underway in Westfield, and we feel the impact of such growth firsthand. Building on the success of NY Forward, NY Swims, and other regional collaborations, Westfield remains grateful for this progress and is well-positioned for future opportunities. We thank Renold Inc. for their reinvestment in our community, and we also thank Governor Hochul, Empire State Development, County Executive Wendel, and all those involved for their continued faith in our Village."
About Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing the Regional Economic Development Councils and the marketing of “I LOVE NY” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Pamm Lent (ESD) | [email protected] | (716) 846-8309 | (800) 260-7313
Laura Magee (ESD) | [email protected] | (716) 846-8239 | (800) 260-7313