SUBSCRIBE

Breaking News on Industrial Baking & Snacks

General Mills receives NYPA funding to upgrade Buffalo cereals facility

Douglas Yu

By Douglas Yu+

06-Apr-2016
Last updated on 06-Apr-2016 at 13:40 GMT2016-04-06T13:40:14Z

General Mills is buying new Cereal packaging and processing system, and upgrading its ingredients unloading system with the new funding
General Mills is buying new Cereal packaging and processing system, and upgrading its ingredients unloading system with the new funding

General Mills is to upgrade its oldest facility in the US with the help of $500,000 in finding from the New York Power Authority (NYPA) Board of Trustees.

The manufacturer is among three businesses to have received funding from the NYPA. The money is generated from the sale of unused hydropower from the NYPA’s Niagara Power plant, and is used to fund enterprises that could help boost the local economy.

General Mills’ Buffalo plant, which was built in 1941, currently manufactures cereal brands including Cheerios, Honey Nut Cheerios and Lucky Charms.

The investment will be used to support new cereal processing and packaging equipment for Honey Nut and Corn Chex within the facility, in addition to upgrading the site’s ingredients unloading system.

Keeping jobs in Buffalo

General Mills employs 417 workers at the site, and the NYPA said it wanted to make sure those jobs stayed in Buffalo.

“One of our primary missions is to aid economic growth in the state by providing companies with local power, retain and create jobs and make new capital investment,” said NYPA spokesperson Steven Gosset. “GM is a competitive business and a major employer in Buffalo.”

Tax credit

The NYPA Board of Trustees has approved $2.58m in awards to two Buffalo-based enterprises in addition to General Mills. The others are the Explore & More children’s museum and Buffalo Arts and Technology Center.

New York’s economic development agency, Empire State Development Corporation, also supports General Mills with a $500,000 tax credit.

Related products

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...