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Convalt, JCIDA in talks about paying on defaulted $1.05 million loan

Summary by NNY360
WATERTOWN — The Jefferson County Industrial Development Agency is in talks with Convalt Energy for the company to pay back an approximate $1.05 million loan after it failed to move forward with constructing a 300,000-square-foot manufacturing plant in the town…
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NNY360 broke the news in on Thursday, August 7, 2025.
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