
New York’s development professionals bring expertise, experience, best practices, and the resources of the state and their communities to every project they assist. These case studies are a sampling of those projects.
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Florelle Tissue Corp., a Canadian-based manufacturer of paper products desired a U.S manufacturing location for better access to the U.S. market. They were was attracted to the jefferson county Town of Brownvillw by an available facility and a welcoming economic development team, led by the Jefferson County IDA. The company will spend $3.5 million for the installation of new equipment and minor building renovations at the former Brownville Specialty Paper Products Inc. plant in Brownville. Within a year, the plant promises to have 50 employees and in three years, add a second shift to get to 75 employees, so the plant will run 24 hours per day, five or six days per week. The company has secured Empire Zone benefits, which include a 75 percent property tax rebate, and has been promised about $600,000 in grants and $925,000 in loans, including:
■ A $350,000 loan from the Jefferson County Industrial Development Agency.
■ A $250,000 grant from the state Office of Community Renewal’s Community Development Block Grant program.
■ A $250,000 grant from the state’s Empire State Development Corp., which requires the company to have 75 employees after three years.
■ A $250,000 loan from the Development Authority of the North Country.
■ A $200,000 loan from the Adirondack Economic Development Corp.
■ A $125,000 loan from the North Country Alliance.
■ A $100,000 grant from the Jefferson County Local Development Corp.
The New York Power Authority has promised low-cost power and National Grid, via its Empire Zone Rider, will provided deep discounts on electric delivery.
An existing building, preferrable of former manufacturing use and an incentive package to help minimize the risk of a U.S. start-up, by a privately held, Canadian companyN/A
See project description above
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