ANNOUNCEMENT 07 Jun 2017
The incentive package includes up to $14.7 million in performance-based incentives.
NUMBER OF INTERVENTIONS
On June 7, 2017 Governor Andrew M. Cuomo announced an incentives package for an American Packaging Corporation manufacturing plant in Monroe County. In order to secure the project, Empire State Development offered up to $14.7 million in performance-based incentives, including $7.7 million in Upstate Revitalization Initiative grants. Rochester Gas and Electric provided the company with up to $870,000 in grant funding for electric and gas infrastructure and Monroe County also provided tax exemption benefits through COMIDA. American Packaging had planned to construct the new plant near its facilities in Iowa. The company specializes in flexographic and rotogravure printing; multi-ply extrusion and adhesive lamination of film, paper, and foil; and pouch and bag fabrication.