{"id":35614,"date":"2022-08-15T17:40:23","date_gmt":"2022-08-15T21:40:23","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=35614"},"modified":"2022-08-15T17:40:23","modified_gmt":"2022-08-15T21:40:23","slug":"morcon-paper-company-plans-15-million-expansion-at-its-facility-in-eagle-bridge","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/08\/morcon-paper-company-plans-15-million-expansion-at-its-facility-in-eagle-bridge\/","title":{"rendered":"Morcon Paper Company Plans $15 Million Expansion At Its Facility In Eagle Bridge"},"content":{"rendered":"
\"\"
The planned expansion at Morcon in Eagle Bridge will happen in two phases and include adding 15,000 square feet of manufacturing space for a $3.5 million napkin folding machine.
Courtesy Morcon<\/figcaption><\/figure>\n

By Jill Nagy<\/p>\n

Morcon, a paper products company in Eagle Bridge, plans a major expansion of its facility.\u00a0<\/span><\/p>\n

Company president Joe Raccula expects to have the final piece of the puzzle in place by the end of the month when the Waren-Washington Industrial Development Agency (IDA) os expected to approve the company\u2019s application for a tax abatement package.<\/p>\n

The total cost of the project is budgeted at $15 million.\u00a0<\/span><\/p>\n

To help pay that bill, the company is seeking some $744,000 in sales tax exemptions and $119,000 in mortgage tax exemptions. Preliminary work, like moving fiber optic lines, has already begun. \u00a0<\/span><\/p>\n

The IDA has been \u201cextremely supportive\u201d throughout a two-year planning process, Raccula said. That support influenced the decision to expand in Eagle Bridge rather than at the company\u2019s much larger facility in South Carolina, he noted.\u00a0<\/span><\/p>\n

Morcon manufactures paper towels, napkins, and facial tissue. They buy rolls of paper from factories all over North America and turn the paper into the finished products.\u00a0<\/span><\/p>\n

<\/span><\/span>The planned expansion would be in two phases. First, they will add 15,000 square feet of manufacturing space and bring in a $3.5 million state-of-the-art napkin folding machine. If, as planned, work begins in early September, the target date for completion of Phase 1 is April of 2023. The second phase will be construction of a 40,000-square=foot warehouse facility to store finished goods.\u00a0<\/span><\/p>\n

The company\u2019s inventory its now stored\u00a0 <\/span>at facilities in the Albany area.<\/p>\n

When the work is complete, Morcon\u2019s corporate offices and main plant, with 65 employees, will be in Eagle Bridge.\u00a0<\/span><\/p>\n

\u201cI\u2019m a stubborn individual, committed to New York,\u201d Raccula said. \u201cThis is my home.\u201d\u00a0<\/span><\/p>\n

Morcon has been in business since 1987. Raccula purchased the company in 2013. He was formerly CEO of Finch Paper. The company has been growing steadily under his management.\u00a0<\/span><\/p>\n

Morcon is located at 62 Owl Kill Road in Eagle Bridge. Their telephone number is 518-677-8511. Their website is www.morcontissue.com.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Jill Nagy Morcon, a paper products company in Eagle Bridge, plans a major expansion of its facility.\u00a0 Company president Joe Raccula expects to have the final piece of the puzzle in place by the end of the month when the Waren-Washington Industrial Development Agency (IDA) os expected to approve the company\u2019s application for a […]<\/p>\n","protected":false},"author":89,"featured_media":35615,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"\r\nMorcon Paper Company Plans $15 Million Expansion At Its Facility In Eagle Bridge - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/08\/morcon-paper-company-plans-15-million-expansion-at-its-facility-in-eagle-bridge\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Morcon Paper Company Plans $15 Million Expansion At Its Facility In Eagle Bridge - 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