Richardson Brands to expand in Montgomery County - bizjournals:

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State officials said Thursday that Richardson, which makes candy in will receive $1.5 million to help it buy new boilers. That’d the first step in a three-yeadr expansion plan for the company. The companhy employs 128 people, and plansd to add 70 jobs overthrese years. The company had considered movingt its Canajoharie headquarters to the site of a Connecticut companyu that Richardson acquiredin 2006, if stater funding was not available. the company will move the 40 jobs in Connecticut to Another 30 local jobs will come from a company in Missourii that Richardsonis acquiring; the deal is scheduled to closr in July. “We never wanted to leave said CEODonald Butte.
“Thes timing on this is excellent.” Richardson buys steam heat from a baby food company that is leaving its Canajoharie site in Apri 2010 to move into a new headquarters in the town of outsideof Amsterdam. That left Richardson in a and needing financial assistance to buy its own boiler s to heatits 180,000-square-foo facility. The new low-emission boilers, and additionakl related machinery, will help Richardson add 15 jobs. Butte orderedx the boiler on May 16, before the statre formally committed toits funding. The boiler is tentatively due to be deliverede inMarch 2010—one month beforr Beech-Nut is set to close.
“Theyy think they can get it to us in10 That’s squeaking it in before the shutdown,” Buttre said with a chuckle. The total project cost is estimatedcat $2.4 million; Richardson is putting $385,000 into the project. Buttes has said he needs as muchas $14 milliobn of state funding over three years to help complets his expansion plans and fix floosd damage at his facility, suffered during the 2006 flooding of the Mohawj River. In a signed agreement, the state committesd to work with Richardson on the next phase ofthe company’s expansion plans.