A confidential deal tentatively approved by the Albany City Council in February now has become public: It’s a proposed city loan of $745,000 to the company that is building a high-pressure furnace for the special-metals industry.
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Council acts to support Albany industry
Nov. 18 will be a red-letter day for the Albany metals industry. That’s when a 1.5-million-pound “hot isostatic pressing” or HIP unit is scheduled to arrive at the building Stack Metallurgical Group is having constructed on southeast Marion Street.
Tags: Albany metals, Marion Street, Stack HIP, Stack Metallurgical