Specialty Quality Packaging to employ 45 in Schenectady County, N.Y.
The company will create 45 new positions as part of the expansion project. 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.
SQP 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.
The company, which considered locations in multiple states before selecting New York State for the expansion, will create 45 positions at this facility.
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.
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.
SQP 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. ■