Feldmeier Equipment, a fabricator of stainless steel storage and processing equipment, has broken ground in Little Falls, Herkimer County, marking the start of construction on an expansion of the company’s operations.
The $8m project consists of building a new 50,000ft² manufacturing facility as well as upgrading machinery and equipment at Syracuse headquarters and existing Little Falls facility.
Empire State Development (ESD) is supporting the expansion and upgrades with a total investment of $750,000 through the combination of a capital grant ($200,000) and Excelsior Jobs Program tax credits ($550,000).
Feldmeier's expansion supports the food and beverage industries, including New York companies such as Chobani, FAGE, Matt Brewing and Brooklyn Brewery.
Together these projects will allow the company to be more competitive and help them maintain a strong presence in the Northeast.
The expansion will result in the creation of 80 new jobs and the retention of nearly 300 existing jobs in New York State.
The $8m project consists of building a new 50,000ft² manufacturing facility as well as upgrading machinery and equipment at Syracuse headquarters and existing Little Falls facility.
Empire State Development (ESD) is supporting the expansion and upgrades with a total investment of $750,000 through the combination of a capital grant ($200,000) and Excelsior Jobs Program tax credits ($550,000).
Feldmeier's expansion supports the food and beverage industries, including New York companies such as Chobani, FAGE, Matt Brewing and Brooklyn Brewery.
Together these projects will allow the company to be more competitive and help them maintain a strong presence in the Northeast.
The expansion will result in the creation of 80 new jobs and the retention of nearly 300 existing jobs in New York State.
