National Grid representatives got a look at expanded Cobleskill Stone Product quarrying operations Monday as they delivered a $250,000 check to help pay for CSP's new $1 million electricity connection system.
The grant is part of National Grid's upstate economic development program to help company's such as Cobleskill Stone with major capital investment projects, said Thomas J. Wind, Gloversville-based account manager with the utility's Energy Services Solutions division.
Turning the Howes Cave quarry into a "state of the art" rock mining and crushing operation "was an investment of between $10.5 and $11 million," said John Holmes, Cobleskill Stone's corporate counsel.
The Howe's Cave quarry was put into operation last fall as Cobleskill Stone's primary quarry site, as the company's Cobleskill quarry was shut down, according to company officials.
A power substation and new high-voltage transmission lines to power rock processing operations were built by Cobleskill Stone.
Under National Grid's program, Wind said the stone company was required to complete the substation and related systems, before receiving the $250,000 handed over Monday.