New Industry to Open in Massena
A new industry will settle in Massena's business park.
'Ceramic Matrix Composites' announced plans Wednesday to rent one of two vacant buildings in the park.
The company will manufacture parts for cutting tools and other machinery.
Initial employment? A modest five to ten people.
But that could change.
"It's a wise investment," said Clarkson University president Tony Collins.
"It creates jobs right here in Massena and we think it has tremendous potential," Collins said.
Clarkson has worked with the company on the technology involved, and Seaway Private Equity Corporation, an investment group with close ties to Clarkson, is investing $600,000.
"This project...is exactly the kind of business that we need to be working hard to solicit to the north country area," said Dan Pease, of the Massena Business Development Council.
The company is expected to start manufacturing early next year.
Wednesday, May 22, 2013, Watertown, NY
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