PULASKI, N.Y. — Felix Schoeller North America (FSNA) announced Tuesday it is investing more than $20 million in a new coating operation in Pulaski.
FSNA also recently announced that it has secured a PILOT (payment-in-lieu of taxes) agreement from the County of Oswego Industrial Development Agency (COIDA) for the project, aimed at expanding its production capabilities in the region.
Felix Schoeller North America is a manufacturer of specialty papers and engineered products. It is a subsidiary of the Felix Schoeller Group, which is headquartered in Germany.
(Sponsored)
How Technology Management Can Expedite Your Business Growth
Many business leaders find themselves asking the same question: “How do I foster growth for my company?” The answer typically yields many paths and variables both controllable and uncontrollable. Technology
In the Market to Build? Get Started in 4 Simple Steps
Finding the perfect home isn’t always easy, especially in our world today. The U.S. Housing Shortage has created an ongoing challenge for homebuyers across the nation, opening the door to
COIDA’s assistance will help support the creation of 30 new jobs and retain 145 existing jobs at FSNA over the next 5 years. FSNA is “committed to hiring and training local talent, offering competitive wages and benefits, and providing employees with opportunities for growth and professional development,” per the Tuesday announcement.
The investment includes enhancements to existing facilities, along with the acquisition of advanced-manufacturing equipment for the production of siliconized release liners.
The project will allow Felix Schoeller to onshore the manufacture of silicone-coated paper and films, develop innovative new products, and “better serve its growing customer base” in North America and beyond.
Construction and equipment installation for the investment project began in back in November and the firm expects crews to complete their work by August.