The Project would create 4 new jobs and add 4,000 sq. ft. to agribusiness facility in Apple Tree Acres
Press release
BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) board of directors accepted an initial resolution for LNK Holdings Inc.’s acquisition and expansion of an agribusiness manufacturing facility in Bergen at its board meeting on Thursday, May 4, 2023.
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 capacities to ramp production of sauces, dressings, marinades and other foods, produce small-batch foods, and pilot unique recipes for commercialization.
“The GCEDC is proud to support a family-owned start-up business founded by home-grown entrepreneurs,” said GCEDC President and CEO Steve Hyde. “Craft Cannery is a Genesee County success story!”
LNK Holdings Inc. plans to create 4 additional full-time equivalent (FTE) jobs and retain 6 FTE as part of the expansion. The project follows Craft Cannery’s victory in the 2022 Grow-NY Global Food and Agribusiness Competition, which awarded the company’s planned expansion a $500,000 prize.
The company has requested the GCEDC transfer the existing facility’s payment in lieu of taxes (PILOT) agreement, and PILOT, sales, and mortgage tax exemptions valued at $70,413 to support the acquisition and expansion. The proposed incentives for the additional 4,000 sq. ft. are estimated to return $3.06 million in projected wages and municipal revenues for a $64.1 economic impact for every $1 of requested incentives.
A public hearing on the proposed project will be scheduled in the town of Bergen.