Milk money: Former yogurt plant in Batavia has new owner

Patrice Gainsbourg
Julho 12, 2017

Dairy processor HP Hood has purchased an idled yogurt production facility in western NY and plans to invest over $200 million to convert it to produce "extended shelf life beverages". Cuomo and other officials are expected to discuss economic development incentives that helped complete the deal.

"If you are going to develop jobs, have to expect some companies to fail", Cuomo told reporters after a pep-rally style celebration.

PepsiCo and Theo Muller Group opened Muller-Quaker Dairy yogurt manufacturing facility in 2013. "I commend HP Hood for transforming an idle facility into a $200 million investment". "If we keep the fundamentals sound, stay pro-business, and sell, sell sell. and be more aggressive and keep the fundamentals in place. you will find the second, third, fourth company".

Genesee County is providing tax abatements.

"We're very excited to have the opportunity to grow our business here. we're looking forward to be a good neighbor and an employer of choice in Batavia", Kaneb said.

Microsoft officially ends support of Windows Phone
One of the more oblique vulnerabilities patched today involves Microsoft's augmented reality device, the HoloLens . But it failed to give a proper fight, as smartphone consumers found the Windows Mobile OS unappealing.

HP Hood plans to repurpose the 363,000-square-foot facility to produce extended-shelf-life beverages. "That's been Hood's blueprint and their success, and they will continue that here". Genesee County is also providing tax breaks.

Empire State Development Director Howard Zemsky noted the last venture produced yogurt, while Hood will pretty much just process milk. "It's low on the scale of risk - you can sleep well on the prospect of this working". While based in Lynnfield, Mass., the company has larger production in NY, with facilities in Vernon, Oneida, Arkport and Lafargeville.

Hood will invest over $200 million in the project over the next few years, as well as create 230 new jobs in NY over a five-year period, officials said.

The governor calls the news part of his commitment to upstate NY.

Cuomo says that dairy is big business in New York State. "It's going to be great for dairy farmers in the industry".

Outros relatórios LazerEsportes

Discuta este artigo