A fiberboard manufacturing plant being constructed near Buffalo, N.Y., by Ligna Recycling Technologies is planning to hire 64 workers and accept waste wood from throughout the region.
A report in the Buffalo News quotes Ligna Technologies president Steve I. Simon of Toronto as saying the company and seven other Canadian investors are shareholders in the Lackawanna, N.Y., project.
According to Simon, negotiations for a recyclable wood supply for the operation were conducted with Lake Front Recycling of Buffalo and other firms last year, but a contract with Lake Front was never signed.
“As soon as we put our financial structure together, we are going to negotiate with local wood-waste suppliers in the Buffalo area,” he told the Buffalo News.
Ligna Recycling will be eligible for grants and tax breaks, including $27 million in financing through Erie County Industrial Development Agency bonding and other tax breaks and incentives due to its location in the Lackawanna Economic Development Zone.
Construction of the Ligna facilities is expected to cost about $32 million. The complex includes two sites sitting on a total of nearly 12 acres.