Finch Paper hopes to begin using the former Saratoga County landfill to bury its paper mill waste this summer.
The deal under which the Glens Falls paper manufacturer bought the Kobor Road landfill from the county closed Friday.
The county got a check for $4 million and a promise of future revenue-sharing payments.
“We’re optimistic we can open sometime this summer for paper mill residuals,” said Finch Paper spokesman John Brodt.
First, the company will have to do some testing that probably can’t happen until spring, as it seeks to activate a landfill that the county built almost 15 years ago, but never used.
The county Board of Supervisors approved the sale last June, after selecting Finch over two other bidders.
In addition to bringing revenue to the county, officials have noted that the paper mill — which has more than 600 employees — will now have a long-term place to dispose of its sludge, a by-product of paper manufacturing.
Brodt said the landfill will initially take paper mill sludge and municipal waste Finch has agreed to take for free from the town of Northumberland as a benefit for being the host community.
Later, plans call for the landfill to start accepting other municipal waste, sharing the fees generated with the county and its municipalities.
“We’re looking forward to entering what should be a long-term beneficial partnership with the county, and continuing our long-term beneficial relationship with the town of Northumberland,” Brodt said.
Finch already operates a landfill for mill sludge on adjoining land, but that landfill is nearly full. Finch expects to eventually connect the two landfills and make one larger landfill.
In 2012, county leaders, in the midst of a county fiscal crisis, decided to sell the landfill to generate revenue.