Byrne Dairy Yogurt Plant in Cortlandville Awarded Low Cost Power
The Byrne Dairy yogurt and cheese plant currently under construction in Cortlandville has been selected to receive low cost electricity; in exchange the company will create or retain jobs.
Byrne Dairy broke ground on the new plant last week, yesterday the New York Power Authority announced the new facility has been selected to receive reduced electricity rates through the state's ReCharge New York Program.
The Cortlandville yogurt and cheese plant will receive 1,400 kilowatts of power, in exchange the company promises to create at least 60 jobs.
The $20 million facility is expected to employ up to 75 people over the next five years.
The power subsidy is the latest in a series of tax breaks and other incentives offered by the State and local leaders to bring Byrne Dairy to town.
The County I-D-A approved a $3.5 million dollar tax abatement package that includes reductions in property, sales, and mortgage recording taxes.
The state previously approved $1.8 million in state grants and low interest loans to help with the purchase of equipment for the plant.
Monday’s power subsidy announcement also included low cost power for a planned fruit-processing plant in Lysander. Agrana Fruit US Inc. will receive 910 kilowatts of power for its planned $49.6 million fruit-processing. The company says the plant will employ up to 120 people processing fruit for yogurt makers.
Byrne Dairy will also receive 1,400 kilowatts of low cost power for its Dewitt based Ultra Dairy facility. Byrne is growing the plant and creating 35 jobs there.