ALBANY, NY, Dec. 9, 2015 (Press Release) -Finch Paper in Glens Falls, NY, is celebrating its 150th year of operation with wood processing facility upgrades that deliver better production efficiency and reduced energy use thanks in part to a $1.8 million incentive from National Grid’s Energy Efficiency Grant Program. The grant is the largest incentive ever given through the program that began in 2009.
State-of-the-art technology to remove bark and chip wood is now making it possible for Finch to reduce energy use, yield more fiber and secure a long-term supply of 8-foot logs, the company’s primary raw material.
“The significant investment allows Finch to be competitive for a very long time. In addition to energy savings, the new equipment produces a minimum of 5 percent higher wood yield in a safer environment,” said Debabrata Mukherjee, Finch Paper CEO.
The upgrades also mean increased productivity for local loggers, many of whom have operated family businesses in the region for years, and have renewed confidence to reinvest in their trucks and trailers.
Empire State Forest Products Association Executive Director John Bartow, Jr. said, “Upgrades at Finch mean upgrades to local family-businesses. Finch is investing in its business and that means more stability for the local small business loggers here in the Adirondack region.”
The Finch upgrades are expected to save more than 6 million kilowatt-hours of power annually – enough electricity to energize 500 homes for a year – and translate into annual savings of more than $540,000.
“National Grid is in the energy business, but it’s important to use that energy as efficiently as possible,” said National Grid Regional Director William Flaherty. “Our energy efficiency programs target businesses like Finch Paper that need an added incentive to make projects like this possible. In the Adirondack region and beyond, these types of investments mean jobs.”
This initiative from National Grid is part of the company’s significant portfolio of programs designed to help businesses manage their energy costs and take advantage of new technologies in energy efficiency.
About National Grid
National Grid is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.
Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities' long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization).
About Finch Paper
Finch Paper LLC is a leading, privately-owned and vertically integrated paper manufacturer specializing in high-bright, uncoated papers for North American printing and converting markets. Using advanced manufacturing systems, Finch produces a broad portfolio of opaque, text and cover and digital papers for multi-press environments, including recognized brands such as Finch Fine®, Finch Opaque, Finch ThruPut Wove and Finch Inkjet Pi.
Finch Paper was the first integrated paper manufacturer in the United States to receive both the Forest Management and Chain-of-Custody certifications from the Forest Stewardship Council® and Sustainable Forestry Initiative®. Finch is one of only a few paper companies that continues to manage forests. Finch papers are made using two-thirds renewable energy produced by on-site hydroelectric and cogeneration facilities and has been a responsible, sustainable New York State manufacturer for more than a century.