expansion

Press Release:

The Genesee County Economic Development Center (GCEDC) board of directors approved a final resolution for LNK Holdings Inc./Craft Cannery’s expansion of its contract manufacturing facility in the town of Bergen at its board meeting on Thursday, March 28.

The proposed $1.465 million project enables Craft Cannery to expand operations at Apple Tree Acres by adding 4,000 sq. ft. to its existing 5,000 sq. ft. facility. The USDA-certified contract manufacturer provides dozens of customers with the capacity to ramp production of sauces, dressings, marinades, and other foods, produce small-batch foods, and pilot unique recipes for commercialization.

“The agribusiness industry continues to propel our region’s economy, having a successful and growing food and beverage cluster from Bergen to Pembroke represents the type of investments that have made Genesee County a destination for the private sector,” said GCEDC President and CEO Steve Hyde.

The expansion will create 4 new full-time jobs and retain 6 full-time positions. Craft Cannery previously won a $500,000 grant at the 2022 Grow-NY Global Food and Agribusiness Competition that supports the expansion.

The company has requested payment in lieu of taxes (PILOT), sales, and mortgage tax exemptions valued at $72,496 to support the expansion. The proposed incentives for the additional 4,000 sq. ft. are estimated to return $3.06 million in projected wages and municipal revenues. The project would generate a $62 economic impact for every $1 of requested incentives.

The GCEDC board also approved a final resolution from LeatherLeaf Solar LLC for a 5 MW community solar farm in the town of Byron. The $9 million project is projected to generate $4,000/megawatts (AC) annually + a 2% annual escalator of revenues to Genesee County and Byron-Bergen Central School District, along with a host agreement with the Town of Byron. 

Press Release:

The Genesee County Economic Development Center (GCEDC) board of directors advanced an initial resolution for Graham Corporation’s proposed new commercial production facility at the agency’s board meeting on Thursday, December 7th, 2023.

Graham Corporation is a global leader in the design and manufacture of mission critical fluid, power, heat transfer, and vacuum technologies for the defense, space, energy, and process industries. The project will add to the company’s existing location in the city of Batavia where it has been headquartered since 1942.

The $13.9 million proposed investment includes the construction of an 18,900 sq. ft. expansion intended to reduce design and manufacturing costs and improve shipping capabilities for the organization’s US defense sector. The project will create 24 new full-time equivalent (FTE) positions while retaining 340 FTEs.

Graham Corporation is seeking sales tax exemptions estimated at $206,400 and a property tax abatement estimated at $197,826 based on an incremental increase in assessed value totaling the proposed financial agreements to approximately $404,226. For every $1 of public benefit, Graham is investing $68 into the local economy resulting in a local economic impact of $19.44 million in future wages and tax revenue.

A public hearing for the proposed project agreements will be scheduled in the city of Batavia.