HP Hood Expands Batavia, New York, Operations
03/21/2024
The investment includes an additional 32,500 square feet at the company’s existing facility to accommodate its automatic storage and retrieval system (ASRS) refrigerated warehouse.
“The dairy hub of the northeast at the Genesee Valley Agribusiness Park has built itself upon the qualities of our workforce, our dedicated farming families, and our strategic location close to major consumers,” said GCEDC President and CEO Steve Hyde. “The economic infrastructure generated by shovel-ready sites and workforce development programs has set up HP Hood and our robust food and beverage industry for sustained success. The addition of another generational investment will result in the Genesee Valley Agri-Business Park delivering more benefits to our community and agricultural sector.”
To support the project, the GCEDC approved sales tax exemptions estimated at $4.52 million, a property tax abatement estimated at $549,705 based on an incremental increase in assessed value, and a mortgage tax exemption estimated at $536,000 bringing the value of the proposed financial agreements to approximately $5.6 million.
Hood is one of the largest dairy processors in the U.S., currently operating 13 manufacturing plants. The company’s portfolio of national and super-regional brands and licensed products includes Hood, Heluva Good!, LACTAID® Brand dairy products, and Blue Diamond Almond Breeze®, among others. Hood also maintains its own research and development operation.
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