Sen. Charles Schumer.
Photo by Thom Randall.
continued Schumer was joined by Garry Douglas, President of the Plattsburgh-North County Chamber of Commerce; Dan Palmer, Essex County Manager; Randy Douglas, Chairman of Essex Board of Supervisors; Debra Malaney, Supervisor for the Town of Ticonderoga; Matt Courtright, Executive Director of Ticonderoga Area Chamber; and Carol Calabrese, Essex County IDA as he continued his push to allow upstate New York businesses to hire more veterans in the near future.
International Paper, which has a long record of hiring veterans in the past and hopes to hire many more in the future, is a mainstay in the Ticonderoga community. Founded in 1898 and headquartered in Memphis, Tennessee, the company employs approximately 70,000 people in more than 24 countries. It the largest producer of plastic lids and paper cups, supplying them to fast-food giants like McDonald's, Wendy's, Subway, and Starbucks. The company has taken an active role within the North Country region, supporting Fort Ticonderoga and regularly sponsoring floats in local parades.
International Paper has performed very strongly since the recession and was recently awarded a Gold Star award for achieving the nation’s highest recognition for safety. Consequently, employees have ample opportunity for professional growth. Any new veterans who are hired at the company next year due to the extension of the Returning Heroes and Wounded Warrior Tax Credit will be in a strong position to build careers.
President Obama signed the Returning Heroes and Wounded Warriors Tax Credit into law on November 21, 2011 as part of the VOW to Hire Heroes Act, which contained the series of tax credits for businesses that hire out-of-work veterans. As a result of the tax break, businesses that hire veterans who have been searching for work for at least four weeks, but less than six months, are eligible for a tax credit of up to $2,400 per each veteran hired.