IUOE Local 825 and ELEC praise PSE&G for its job-creation and 10-year, $8.1 billion transmission investment program

For Immediate Release

SPRINGFIELD, NJ, AUG. 28, 2014 – Operating Engineers Local 825 joined with other regional economic development organizations to acknowledge PSE&G as an “economic engine,” as reported in a study conducted by Rutgers University.

The study details how PSE&G’s $8.1 billion transmission investment program will support 6,000 jobs annually and generate more than 4.3 billion in salary and benefits and more than $640 million in state and local government revenue.

“The hard-working members of our union appreciate PSE&G’s role as an economic engine because they have experienced it firsthand,” said Local 825 Business Manager Greg Lalevee.

“Our members couldn’t be prouder or more grateful for all the opportunities that PSE&G is providing for our members to put their skills to work on projects that make a real difference – for our families, our communities and the state of New Jersey.”

“Rutgers’ study is powerful proof of the benefits of investing in a better New Jersey,” said Senate President Stephen Sweeney. “Updating our energy systems benefits all concerned. Customers get better reliability and access to lower cost electricity and it creates thousands of badly needed jobs. That allows people to help feed their families, pay their rent and mortgages and educate their children.”

For the complete Rutgers study, Economic Impact Analysis of PSE&G’s Capital Expenditure Program, please visit:
https://www.pseg.com/info/media/newsreleases/2014/attachments/rutgers_economic_impact_analysis.pdf

Local 825 is headquartered in Springfield, N.J., and represents 6,500 members throughout the state and in five counties of lower New York: Rockland, Orange, Ulster, Sullivan and Delaware. Its operating engineers run heavy-equipment – such as bulldozers, surface graders, backhoes, loaders and cranes – to execute large construction tasks and earthworks operations.

Contact

Greg Lalevee

Business Manager, Local 825

(973) 671-6900

PR Contact

Bill Carlos

Avow Communications

(908) 499-7862