OGDENSBURG -- A $78,000 grant will help Maxam, Inc. move forward with a $2.8 million construction project that should produce 10 to 12 jobs.
Maxam, North America, Inc. plans to construct an oxidizer manufacturing facility in Ogdensburg that supports the mining, quarry and construction industries.
The grant was approved recently by the St. Lawrence River Valley Redevelopment Agency.
The total cost of the project is estimated at $2.8 million, including the construction of a rail spur to the site. The new facility will initially employ three to four new employees, but is projected to grow to a total of 10 to 12 employees.
In addition to the significant private investment and job creation resulting from this project, members of the River Agency say the project will improve transportation in the area. The new facility will result in an additional 168 rail cars per year using the local short line railroad in St. Lawrence County – the New York & Ogdensburg Railway. In addition, outbound truck shipments will exceed 600 shipments per year.
This new company also anticipates using the port facility to import raw materials, resulting in increased port operations. Construction of the rail spur is paramount to keeping transportation costs down to enable the company to be competitive.
Any delays in the construction and implementation of the rail system will lead to the requirement of transport deliveries of raw materials, as many as four per day.