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Oct. 26, 2006: FELIX SCHOELLER TECHNICAL PAPERS ANNOUNCES EXPANSION, 125 JOBS TO BE ADDED

Felix Schoeller Technical Papers (FSTP) recently announced plans to make a multi-million dollar investment in new equipment, building renovations and other facility modernizations for an expansion of production capabilities and capacities at its plant in the town of Richland. Funding assistance is being provided through a New York State Senate grant secured by Sen. James Wright, a grant by Empire State Development, and a low-interest loan through the County of Oswego IDA. Operation Oswego County assisted in coordinating structuring financial assistance. Additional business assistance will be provided by National Grid, Assemblyman Will Barclay and the sponsoring of the project as a "regionally significant project" by the Fulton Empire Zone Administrative Board. Pictured, from left, are Senator James Wright, Richard Paterson-Jones, FSTP CEO, James Belser, FSTP Operations Manager, Assemblyman Will Barclay and Congressman John McHugh.

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