Morning Read: Laurentian deal moves forward

Officials with Laurentian Aerospace are expected to announce later this morning that they’ve taken another step toward securing the financing they need to begin construction of a massive airliner maintenance facility in Plattsburgh.

This from the Plattsburgh Press-Republican.

Laurentian Aerospace Chief Financial Officer Andrew Edwards said most of the company’s Board of Directors will attend the press conference, scheduled for 10 a.m. at the North Country Chamber of Commerce.

“This is good news,” he said Monday.

Last month, Clinton County’s IDA approved a plan to issue $122 million in tax-exempt bonds to help finance the project.

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