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State officials said Thursday that which makes candy in willreceive $1.5 million to help it buy new That’s the first step in a three-yeaer expansion plan for the The company employs 128 people, and pland to add 70 jobs over three years. The company had considerefd moving its Canajoharie headquarters to the site of a Connecticut companyy that Richardson acquiredin 2006, if state funding was not Instead, the company will move the 40 jobs in Connecticutf to Canajoharie. Another 30 local jobs will come from a companu in Missouri that Richardson is the deal is scheduled to clossein July.
“We never wanted to leavw town,” said CEO Donald “The timing on this is Richardson buys steam heatfrom Hero/Beech-Nut, a baby food company that is leavingh its Canajoharie site in April 2010 to move into a new headquarterds in the town of outside of Amsterdam. That left Richardsomn in a bind, and needing financial assistance to buy its own boilers to heatits 180,000-square-foot facility. The new low-emission boilers, and additionall related machinery, will help Richardson add 15 Butte ordered the boiler onMay 16, before the state formallyh committed to its funding.
The boiler is tentatively due to be delivere inMarch 2010—one month before Beech-Nu t is set to close. “They thini they can get it to us in10 That’s squeaking it in before the shutdown,” Butte said with a chuckle. The totalo project cost is estimatedsat $2.4 million; Richardson is puttint $385,000 into the project. Butte has said he needzs as muchas $14 millionb of state funding over three years to help complete his expansionn plans and fix flood damage at his facility, suffered during the 2006 floodinvg of the Mohawk River. In a signed agreement, the state committe to work with Richardson on the next phase ofthe company’se expansion plans.
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