Potential Birds-Eye Buyer Wants Fee and Tax Breaks in Exchange for 180 Jobs

by Contributor | August 8, 2012 7:19 am

Fulton city lawmakers will soon be asked to provide significant taxpayer-funded breaks to lure a company into the closed Birds-Eye food processing plant, according to Fulton’s Mayor.

Ron Woodward said this week that a company is deep into negotiations to buy the Phillips St. plant and bring back a food processing operation.

He said the company, which he would identify only as a firm called Phillips Street, LLC, is promising to restore 180 jobs in the first three years of operation.  In return, he said the city is being asked to provide three years of concessions on water and sewer rates and property taxes.

Woodward said the company would buy the entire plant.  Previously, the county’s economic development agency had been working with a company that wanted the cold storage portion of the plant and would look to find a tenant who wanted to use the food processing portion.

He said that the buyer would not use the entire cold storage capacity of the plant and would look for a tenant to use the rest.

The Mayor did not say when Council members would be asked to approve the package of incentives, but felt that it would be soon.

Source URL: https://oswegocountytoday.com/news/fulton/potential-birds-eye-buyer-wants-fee-and-tax-breaks-in-exchange-for-180-jobs/

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