Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
NY Announces Support for NY Businesses
By Joe Gullo
ALBANY, N.Y. - New York Governor Andrew Cuomo announced support for North Country businesses and $100 million in capital improvements for International Paper.The funding is part of ReChargeNY, a program that supports business growth by providing low-cost power.
A press release says the funding will help support 600 existing jobs at the facility and assist International Paper's ongoing investment in substantial energy reduction projects in the North Country.
“ReCharge NY has been an important component of the State’s economic development strategy, helping support new jobs and investments by offering lower cost power to businesses,” Governor Cuomo said. “Over the past three years, we’ve seen a revitalization in the North Country with new businesses and partnerships, real economic growth, and a fresh energy. We are pleased that ReCharge NY is continuing to provide lower-cost power and support energy conscious practices, continued investments in New York State, and jobs that are so vital to the community.
A total of 21 businesses in the North Country and six non-for-profit enterprises are benefiting from ReChargeNY. To locate North Country Recharge New York recipients visit: http://www.nypa.gov/RechargeNY/140325/RNY%20Approved%20Allocations%20through%2003-25-2014%20North%20Country.pdf.