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.
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