NY state approves hydropower allocation for $2 million Potsdam Specialty Papers mill expansion project

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NY state approves hydropower allocation for $2 million Potsdam Specialty Papers mill expansion project

February 02, 2017 - 13:04

POTSDAM, NY, Feb. 2, 2017 (Watertown Daily Times) -New York Power Authority trustees approved a 400-kilowatt hydropower allocation to Potsdam Specialty Papers Inc., a specialty paper mill, that will allow the manufacturer to begin an expansion project at its Potsdam facility, 547 Sissonville Road.

The hydropower allocation will create 22 new jobs and $2 million in capital investments,according to a news releasefrom Gov. Andrew M. Cuomo’s office on Tuesday.

The hydropower is provided to the company under a seven-year contract and is drawn from blocks of power from the Power Authority’s St. Lawrence-Franklin D. Roosevelt Power Project.

Watertown Daily Times - NYPA approves hydropower allocation for Potsdam paper firm, 22 jobs to be created

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