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Officials revise PILOT for Tessy Plastics as company nears purchase of former McQuay plant in Auburn

An Elbridge-based plastics manufacturer is looking to close on the purchase of the former Daikin McQuay plant in Auburn next week.

Tessy Plastics took another step in its acqusition of the 31-acre property Wednesday after the Auburn Industrial Development Authority unanimously approved revisions to the existing payment-in-lieu-of-taxes agreement with current property owner Daikin Applied through 2022.

Read more from the Auburn Citizen

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