Polymer Conversions, Inc.
Address
5732 Big Tree Road
Orchard Park
New York
14127
Additional
Project AKA : MedBio
Approval Date : 07-28-2021
Total Cost : $14,250,000.00
Approval Date : 07-28-2021
Total Cost : $14,250,000.00
Project Details
PCI currently operates out of a 39,000 sq. ft. of space in the Town of Orchard Park. The current project consists of the expansion of the facility by 41,000 sq. ft.
In addition, the company will be purchasing approximately $4,000,000 of manufacturing equipment.
Project Files
Project Log:
Public Hearing Transcript:
Inducement Resolution:
PILOT Agreement:
Economic Impact Analysis:
Status Details
Project History
· 03/30/2021 - Public hearing held.
· 07/21/2021 - Resolution presented to Board to ratify and confirm Town’s SEQRA declaration
· 07/28/2021 - Lease/Leaseback Inducement Resolution presented to the Board of Directors
Company History
· 1989 - $1,760,000 Tax Incentive
· 2006 - $3,700,000 Tax Incentive
· 2007 - $2,800,000 Collateral Mortgage
· 2009- $370,000 Collateral Mortgage
· 2021 - Assignment & Assumption