PACB Approves Potsdam Specialty Paper Asset Acquisition
New York State Division of the Budget | State of New YorkState · Albany, NY- Disclosed value
- $10,579,608 total; ESD Grant $1,820,000
- From resolution
- Approved
- Oct 21, 2026
The 30-second brief
PACB approved a $10.58 million capital project involving acquisition of Potsdam Specialty Paper’s assets. The transaction is intended to sustain mill operations and protect 70 jobs.
Potsdam Specialty Paper Inc holds this contract with New York State Division of the Budget | State of New York. Its other public contracts on record include work for NY-State-Canal Corporation.
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Contract details
- Amount
- $10,579,608 total; ESD Grant $1,820,000
- Document date
- October 21, 2026
- Source document
- New York State Public Authorities Control Board Resolution Approving Various Projects of the Urban Development Corporation 2026-10-21 (Resolution)
Potsdam Specialty Paper Inc's other public contracts
More New York State Division of the Budget | State of New York contracts
Questions about this contract
Who was awarded the government contract by New York State Division of the Budget | State of New York?
Potsdam Specialty Paper Inc was awarded this government contract by New York State Division of the Budget | State of New York, as recorded on October 21, 2026. The contract value is $10,579,608 total; ESD Grant $1,820,000.
How much is the Potsdam Specialty Paper Inc contract with New York State Division of the Budget | State of New York worth?
The Potsdam Specialty Paper Inc contract with New York State Division of the Budget | State of New York is valued at $10,579,608 total; ESD Grant $1,820,000.
What type of contract is this?
This is a government contract, documented as a resolution record.
Where was this contract approved?
This contract appears in New York State Public Authorities Control Board Resolution Approving Various Projects of the Urban Development Corporation 2026-10-21 (Resolution), dated October 21, 2026 from New York State Division of the Budget | State of New York. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Potsdam Specialty Paper Inc hold?
Potsdam Specialty Paper Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New York State Division of the Budget | State of New York currently buying?
Explore New York State Division of the Budget | State of New York's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.