Press release:
The Genesee Gateway Local Development Corporation (GGLDC) Board of Directors approved the sale of 28 acres of land parcels in the Genesee Valley Agri-Business Park at its Feb. 6 board meeting.
HP Hood is purchasing 22 acres and Upstate Niagara Cooperative is purchasing six acres. Both companies have plans to grow and expand their businesses in the Ag Park over the next several years.
HP Hood and Upstate Niagara Cooperative are part of a food and beverage manufacturing hub that has invested more than $500 million into a food and beverage manufacturing hub that including the Genesee Valley Agri-Business Park has more than 1 million square feet of facilities and more than 700 workers.
With the sale of the 28 acres, there are approximately 80 acres remaining in the Ag Park, including a 30-acre site with direct railroad access and a retail-friendly parcel at the park’s entrance on Route 5.