Today, New York Power Authority (NYPA) President and
Florelle Tissue, a Canadian company, is purchasing the Brownville Paper Mill, renovating the 95,000 square foot facility and installing new machinery and equipment. The reopening of the mill will include a $3.5 million investment by Florelle Tissue, and will create 75 new jobs.
There is no set opening date at the moment, but according to Mr. Minas he is hopeful that the mill will be fully operational in early 2011.
The new manufacturing facility will produce paper towels, napkins and tissue to be exported back to
“The decision by Florelle Tissue to locate new manufacturing operations in
For the investment and maintaining job commitments, Florelle Tissue will receive benefits including 1,300 kilowatts (kW) of low-cost hydropower from NYPA. The power is generated at NYPA’s St. Lawrence-FDR Power Project in Massena.
This is the first allocation of Preservation Power by the NYPA.
Other incentives include:
* $250,000 loan from the Jefferson County Industrial Development Authority
* $250,000 in financing from the State Office of Community Renewal through the Community Development Block Grant program
* $200,000 loan from the Development Authority of the
* $100,000 grant from the Jefferson County Local Development Corporation
“Preservation Power is a powerful economic development tool that sets our community apart from others in the state. At a time when other areas are still faltering economically, we are able to attract businesses that will invest in our community and create jobs that require the skills of our workforce,” said Assemblywomen Addie J. Russel. “The addition of 75 jobs to the
Empire State Development (ESD) is also providing incentives to Florelle Tissue, including designating it as a regionally significant project, which qualifies the company for benefits under the Empire Zones program, including 75 percent property tax rebates. To encourage Florelle Tissue to proceed with the project, ESD also will provide the paper manufacturer with a $250,000 grant toward reimbursement for a portion of the cost of new machinery and equipment.
“Empire State Development has made it a goal to repurpose empty manufacturing facilities throughout the State,” said Empire State Development Chairman &
The investment includes $1.85 million for machinery and equipment and $300,000 in renovations and building improvements, according to a recent release.
The Brownville mill previously employed over 60 people before the plant was closed in 2008 and layoffs began.