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Project Name

Pine Pharmaceuticals, LLC/Chestnut Point

Address

355 Riverwalk Parkway
Tonawanda
New York
14150

Public Hearing Transcript

Inducement Resolution

Project Details

 

In 2017, with IDA assistance, Pine Pharmaceutical constructed a 25,000 sq. ft. facility in the Riverview Solar Technology Park.  Since that time the company’s operations have grown and is now in need of additional space.  They will be constructing a 50,000 aq. ft. expansion to the existing facility.  Since Pine is a sterile compounder, significant purchases will be made to equip new cleanrooms. 

 

Status Details

 

 12/30/2020 - Public hearing held.

· 01/27/2021 -  The project is in compliance with the Town of Tonawanda Generic Environmental Impact Statement and no further SEQRA compliance is required by ECIDA Board.

· 01/27/2021 - Lease/Leaseback Inducement Resolution presented to the Board of Directors