$250 million Castleton plant expected to bring 70-80 jobs
By Kenneth C. Crowe II
Updated 10:25 pm, Tuesday, March 11, 2014
Troy
A new $250 million paper mill in Castleton highlighted Rensselaer County Executive Kathleen Jimino's State of the County address to the County Legislature on Tuesday night.
Jimino announced that Castleton Paperboard LLC, an affiliate of MiniMill Technologies, had agreed to buy the former Fort Orange Paper Co.site from the county for $600,000.
"It is CP's intention to clean up the contamination on this former Superfund site and build a $250 million state-of-the-art paperboard mill that will employ between 70 and 80 people when fully operational and will manufacture lightweight paperboard that has the same strength as the recycled heavyweight paperboard it is made from," Jimino said.
The county has been working to return the mill site to productive use for about 12 years.
"It is very important to Castleton and the immediate vicinity," said County Legislature Chairman Martin Reid, R-Sand Lake.
