Canadian cookie manufacturer Creative Food Ingredients will add 75,000ft2 area to its existing facility in Perry, in order to drive production, aiming for increased output at reduced costs.
Construction for the additional space is expected to start by January 2015.
The project is likely to employ 56 additional people to the firm's existing 130-person workforce, according to a release published by the office of New York governor Andrew M. Cuomo.
Governor Cuomo said: "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.
"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."
The Perry site is the only manufacturing facility for Creative Food Ingredients, and presently covers 125,000ft2.
The project will involve an investment of $2.8m from the Ontario based company. It will receive up to $500,000 as funds from the state through Empire State Development (ESD) which will be offered in performance-based Excelsior Jobs Program tax credits in return for the job creation commitments by the company.
Wyoming County Industrial Development Agency (IDA) will also add around $533,599 in incentives including a Payment-In-Lieu-Of-Taxes plan, along with mortgage and sales tax exemptions.
ESD 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."
