Canada-Based Creative Food Ingredients Expands Perry, New York, Production Complex
“Manufacturing companies like Creative Food Ingredients are part of the backbone of the Upstate economy, and supporting their efforts to expand means creating jobs and new opportunities for New Yorkers throughout the region,” Governor Andrew Cuomo said. “I am proud that the State is helping this business expand both its facility and its workforce, and I look forward to seeing it thrive long into the future.”
Creative Food Ingredients CEO Michael O’Flaherty said, “We are extremely pleased to have received the recognition and support from various levels of government. We are approaching 20 years of manufacturing in Perry and we are excited about the prospect of bringing additional employment opportunities to the local community and area.”
According to the Governor’s Office, The Mississauga, Ontario-headquartered company is growing rapidly and its ownership was looking to make further investments at the Perry site, which is Creative Food Ingredients’ only manufacturing facility and is currently 125,000 square feet.
Empire State Development, the state’s economic development agency, met with company ownership which was motivated to make these investments but was also very much bottom line driven and needed assistance to make the numbers work. Incentives from both Wyoming County and ESD were required to ensure the project would occur in Perry.
The company will invest $2.8 million in this project. New York State, through ESD, will provide up to $500,000 in performance-based Excelsior Jobs Program tax credits in return for Creative Food Ingredients’ job creation commitments. The Wyoming County IDA will provide an estimated $533,599 in incentives that include a PILOT along with mortgage and sales tax exemptions.
Empire State Development President/CEO/Commissioner Kenneth Adams said, “Creative Food Ingredients’ expansion is great news for Wyoming County as it will better position the manufacturer to meet the needs of its customers, while creating new jobs and opportunities in the region.”
Wyoming County IDA Executive Director James Pierce said, “The economic development partnership of the IDA and ESD worked together to deliver an attractive incentive package that convinced Creative Food Ingredients to move forward with this project in Perry and Wyoming County. We are very proud of the accomplishments and growth of this company and are grateful for their investment and promise of 56 new jobs in Wyoming County.”
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