The Felix Schoeller plant just outside Pulaski is going to expand, the governor’s office announced Monday.
Felix Schoeller, a German-based global producer of specialty paper, negotiated a new contract with a major manufacturing company, resulting in the relocation of a paper conversion operation from out of state to the existing Felix Schoeller facility in Richland, just outside Pulaski.
The expansion project doubles the Pulaski facility output, and has retained and created 290 full-time and contract positions.
“Over the last three years, my administration has worked to make New York the best state in the country to start or grow a business,” Cuomo said. “This commitment by Felix Schoeller not only creates jobs – it speaks volumes about the business community’s confidence in central New York and our ability to be globally competitive.”
Felix Schoeller transitioned from a papermill to a converting company about seven years ago, and at that time, the company had ceased all major operations in Pulaski and only focused on converting papers that are made at other Felix Schoeller locations outside of the U.S. The company has since been successful in growing its business significantly, but market dynamics in the North American photo paper market have made it difficult to continue expansion.
The new contract provides significant growth to the company’s business and employment in Pulaski, and secures the existing jobs. In addition, the ability to accommodate future, new contract business will solidify Schoeller’s existence in Central New York.
Empire State Development is providing Felix Schoeller with more than $650,000 in Excelsior Jobs Program tax credits to assist the company with the purchase of machinery and equipment and other project-related costs required to accommodate the new paper converting contract, and to help offset out-of-state incentives. As of today’s announcement, the company has actually exceeded the state’s required number of jobs created in order to receive the Excelsior tax credits.