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Project Name

Polymer Conversions, Inc.

Address

5732 Big Tree Road
Orchard Park
New York
14127

Public Hearing Transcript

Inducement Resolution

Project Details

PCI currently operates out of a 39,000 sq. ft. of  space in the Town of Orchard Park.  The current project consists of the expansion of the facility by 41,000 sq. ft.

 

In addition, the company will be purchasing approximately $4,000,000 of manufacturing equipment.

 

Status Details

Project History 

· 03/30/2021  - Public hearing held.

· 07/21/2021 -  Resolution presented to Board to ratify and confirm Town’s SEQRA declaration

· 07/28/2021 - Lease/Leaseback Inducement Resolution presented to the Board of Directors

Company History 

· 1989 - $1,760,000 Tax Incentive

· 2006 - $3,700,000 Tax Incentive

· 2007 - $2,800,000 Collateral Mortgage

· 2009- $370,000 Collateral Mortgage

· 2021 - Assignment & Assumption