A new life has been given to the former Voyant Beauty (Marietta) building in the City of Cortland. iSpice has confirmed to X101 News, their newest facility will come into operation soon at 106 Central Ave.
The new facility, when fully operational, will bring in an estimated 350 good paying jobs to the Cortland area. X101 News spoke with City of Cortland Mayor Scott Steve, who discussed how this was a group effort:
“The IDA/BDC and everybody working together and local community owners of the property that had purchased it, did a phenomenal job to get somebody in there within a year.” Mayor Steve said to X101 News.
Mayor Steve noted, some 20 jobs have already been filled at the facility and are working there currently. At full volume, iSpice will have 50 production lines in the facility, and include a laboratory for research and development of new products.
“They’re [iSpice] gaining momentum quickly. Getting set-up and hopefully getting some production done before the end of the year.” Steve continued.
The building is a large part of the City of Cortland and a sight you cannot miss. With it, interest in the Cortland area for manufacturing remains strong.
“We actually had almost a bidding war, if you will. There were several people interested in [the property]. Which is great.” Mayor Steve said in hope of more companies choosing Cortland.
“It’s great to know we have other industries that are willing to come [to Cortland] and we’re hoping the APEX Tool site will be the one to follow next.” Steve continued.
Preliminary tests have come out, but still require third party validation before official results can be released on the former APEX Tool Site.
iSpice is a company based out of Pointe-Claire Quebec. The company provides over 200 products in 13 countries and has been in business for over 30 years. The company supplies ingredients to the food industry, institutions, wholesalers, and retailers. With products from Vietnam, India, and Brazil.
Incentives for the company to come to Cortland included: low cost ReCharge NY power allocation from the NY Power Authority, a “significant” incentive package from Empire State Development, and a pending Payment in Lieu of Tax (PILOT) deal from the Cortland County Industrial Development Agency, which will provide property tax and sales tax incentives for iSpice’s equipment purchases.
*Featured Image via Google*
