National Grid awards $350K in grants for Yancy's Fancy expansion

Press release:

National Grid has awarded grants of up to $350,000 to support improvements in Yancey’s Fancy current manufacturing operations, and the construction of a new, 112,000 square foot cheese manufacturing, packaging, warehousing and distribution facility on 12 acres of land in the Buffalo East Technology Park in Pembroke, NY in Genesee County.

The new facility has a capital investment of $20.6 million, will create approximately 50 new jobs, and retain 100 existing jobs. It is expected to officially open in March 2015.  National Grid will provide up to $250,000 toward electric infrastructure costs for the new facility.

A second grant of up to $100,000 is available to assist with the design of advanced technology to manage the whey by-product that is generated through the cheese-making process as part of a 3,500 square foot expansion of its current operations at 857 Main Road in Corfu.  The new system will allow for more efficient processing of the whey, which is used as a common food additive and for animal feed production.  The project requires an upgrade of the current electric service to meet new demand.  The $2.640 million project will create 17 new jobs and retain 30 jobs.

“Yancey’s Fancy is a thriving local company that is creating jobs and a strong brand here in Western New York and across the country,” said Dennis Elsenbeck, regional executive for National Grid in Western New York. “Genesee County continues to be a model for economic development through its collaborative approach to creating a positive climate for businesses to grow and expand, like Yancey’s Fancy.”

“National Grid has been a great partner through the years in our economic development efforts,” said Steve Hyde, President and CEO of the Genesee County Economic Development Center (GCEDC).  “In this instance, National Grid is providing critically important grants to sustain and grow the operations of one the largest employers in our region.  It’s another example of the public and private sector collaboration that is resulting in the creation of new jobs and investment.”

The grants to Yancey’s Fancy are from National Grid’s Electric Capital Investment Incentive Program, which assists growing customers with costs of upgrading utility infrastructure to accommodate a business expansion or new construction that creates and retains jobs.

Information about National Grid’s suite of economic programs is available at www.shovelready.com.

Article from The Batavian and taken from
http://thebatavian.com/howard-owens/national-grid-awards-350k-grants-yancys-fancy-expansion/46585