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Project

Kinney Drugs, Inc.

At a Glance

Status

concluded

Agency

St. Lawrence County IDA

Headquartered in Gouverneur, New York, Kinney Drug s, In c. is a diversified health care provider and one of the leading regional drug chains in the country. At the close of 2011, Kinney Drugs operated 90 drugstores throughout New York State (71 stores) and Vermont (19 stores) and is currently the 4th largest chain drug retailer in the United States.
The Company has requested sales tax exemption relative to the purchase of materials required to update the existing warehouse sprinkler system. Facing an inadequate water supply infrastructure and a resultant increase in insurance
costs on its warehouse and goods, the Company has outlined a plan to upgrade its fire protection system and meet the required criteria outlined by NFPA 13 and NFPA 22. The project is part of a comprehensive water system improvement initiative being undertaken by the Village of
Gouverneur. In addition to

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