Specialty Quality Packaging Expands Operations at Schenectady County, New York, Campus
According to state officials, the company will purchase a vacant 120,000-square foot building adjacent to its current operation, and connect the buildings as a single 240,000-square foot manufacturing facility.
SQP manufactures a range of paper products including bio-degradable food trays used by school districts and stadiums, as well as containers used by national restaurant chains. The company is a leader in producing materials that can be recycled and composted.
The company purchased the Glenville plant in 2006 after another owner announced the plant closure, rehiring 40 workers who were about to lose their jobs. They have since grown the Glenville operation to nearly 150 employees.
Adam Epstein, SQP President, said, "We are pleased to announce this plan to double the production space at our manufacturing plant in Schenectady County. After looking at many other options, this is the right location to keep SQP growing and we are grateful to our dedicated employees and to the State of New York, Schenectady County and Glenville for working with us to expand our operations."
To help secure this investment for New York State, Empire State Development will provide up to $900,000 in performance-based Excelsior Jobs Program tax credits, and Schenectady County Metroplex Development Authority is providing local assistance.
Additionally, the Schenectady County Metroplex Development Authority is including a sales tax exemption on construction materials used to renovate the expanded complex and other additional local assistance.
"Special Quality Product's further job creation is supporting the continual progress we've made in Schenectady County," Governor Andrew Cuomo said. "We will continue to support the growth of this state's business sector and the creation of quality, good-paying jobs across New York."
ESD President, CEO and Commissioner Howard Zemsky said, "This project is a result of our collaboration with Metroplex and local partners to encourage new development in the Glenville Business and Technology Park. By working with local communities, the State is fostering sustainable job growth and strengthening our regional economies."
Glenville Town Supervisor Chris Koetzle said, "This announcement is another example of the growth taking place in the Glenville Business and Technology Park. We're excited to welcome the new jobs that this expansion will generate, and this investment in the Park is another significant step in completing the revitalization of this important commercial hub."
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