Northern New York Power Proceeds Allocation Board Meeting Agenda And Materials
The board reviewed the proposed meeting agenda and fund updates, including specific project allocations. A key recommendation discussed was the award of fund benefits to Corning Incorporated to support the conversion of a warehouse into a ceramic manufacturing facility in Canton. The project involves building renovations, electrical infrastructure improvements, and the installation of a new production line, aiming to retain 344 jobs and create five new positions. The board also reviewed program criteria, application processes, and financial summaries related to the Northern New York Economic Development Fund.