Norampac To Build $430 Million Facility in Niagara Falls
NIAGARA FALLS, N.Y. (AP) — A maker of "green" packaging material will build a new facility in western New York, creating 108 new jobs.
Gov. Andrew Cuomo announced that Norampac, a division of the Cascades packaging and paper products company, will invest $430 million to build the facility in Niagara Falls.
State and local economic development organizations put together a $142 million incentive package to attract Norampac to expand. The incentive package includes 10 megawatts of hydropower from the New York Power Authority and $5 million in Empire Zone tax credits.