Baldwin Richardson Foods investing $50 million in Finger Lakes facilities expansion

0
601
baldwin richardson foods

Baldwin Richardson Foods is investing $50 million to expand its Wayne County manufacturing facilities.

The company plans to make necessary equipment, technology and construction investments in Macedon and Williamson to meet the changing requirements for food manufacturing and labeling, New York Gov. Kathy Hochul’s office said in a Feb. 10 statement.

The two-phase expansion is expected to be completed in late 2024.

“New York is incredibly proud to continue our support for Baldwin Richardson Foods as it creates new, top-quality jobs for the hard-working men and women in the Finger Lakes region, strengthening the local economy,” Hochul said. “The company’s continued investment in Wayne County is further proof that the food industry in the region is robust and vibrant, and this project will further fuel this momentum.”

To encourage the expansion, Empire State Development has offered as much as $2.5 million in Excelsior Jobs Tax Program credits in exchange for job creation committments and a $2 million Capital Grant. Wayne County, RG&E and Greater Rochester Enterprise are also assisting the project.

Hochul’s statement says the announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development.

“The regionally designed plan focuses on investing in key industries including photonics, agriculture and food production, and advanced manufacturing. Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 8,200 new jobs.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.