- July 1, 2021
- Posted by: Stratford Team
- Category: Business
FALCONER — The village has agreed to submit an application with the state Office of Community Renewal on behalf of a longtime Falconer business looking to undertake much-needed facility repairs and equipment upgrades.
The company, Jamestown Container, and the Chautauqua Region Economic Development Corp. asked the village to apply for the funding that would finance a portion of the machinery and equipment and working capital costs. The project, according a resolution the Falconer Village Board passed recently, is estimated at about $1.6 million.
The application seeks up to $750,000 in state grant funding to assist with the costs. Jamestown Container is located on Deming Drive in the village and manufactures packaging materials.
“The project will result in substantial benefit to the village in the form of an estimated 90 retained labor positions and an estimated 10 new full-time equivalent employment positions,” a resolution by the village board…
