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Convalt to pay back $1M loan to Jefferson Co. Industrial Development Agency

Summary by 7 News
The Jefferson County Industrial Development Agency is set to get at least $1 million back after a failed investment in a solar panel manufacturing company.

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Convalt to pay back $1M loan to Jefferson Co. Industrial Development Agency

The Jefferson County Industrial Development Agency is set to get at least $1 million back after a failed investment in a solar panel manufacturing company.

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NNY360NNY360

Convalt agrees to pay $1 million loan back to industrial development agency

WATERTOWN — The company that had planned to build a giant solar panel manufacturing plant on a site near the Watertown International Airport is going to pay back every penny from a $1.05 million loan that it had with the…

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NNY360 broke the news on Thursday, May 7, 2026.
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