Ticonderoga International Paper’s Ticonderoga Mill and the State of New York are partnering to keep energy bills low.
The New York Power Authority and executives at the Mill joined together to announce a new partnership through the ReCharge NY program, created by Gov. Andrew Cuomo’s administration to support business growth by providing low-cost power.
The mill will also be the beneficiary of financial awards of $1 million and $750,000, respectively, from Empire State Development, (ESD) and the New York State Energy Research and Development Authority (NYSERDA), to support the $11.4 million conversion of the facility’s power boiler and lime kiln from No. 6 fuel oil to natural gas.
Officials said by allocating 7.8 megawatts of low cost power, the state would be helping to support $100 million in capital improvements at mill along with helping to retain the 600 existing jobs at the facility.
“This is an exciting time in the life and history of the Ticonderoga Mill,” Ticonderoga Mill Manager Chris Mallon said. “We feel that we are well positioned for the future with the help of the ReCharge NY program.”
“This is one of the most significant businesses in the North Country,” said Gil C. Quiniones, President and CEO of (NYPA). “ReCharge NY is a great example of what can happen with the public and private sector working together. IP’s impact on Essex County is substantial as the largest employer in the county and we are helping a business remain competitive and continue to provide the families and communities here with quality jobs.”
Quiniones said the Ticonderoga Mill has over half its energy coming from renewable resources.
“Sustainability is one of our core values,” IP Vice President and General Manager, Imaging and Commercial Printing Papers John Sims said. “This helps to secure jobs for this mills and for other mills.”