The board of directors of the Genesee County Economic Development Center recently approved three projects projected to create roughly 60 new jobs and retain 50 positions.
LeRoy Plastics Inc. received approval for a $100,000 loan fund to purchase a building on Lake Street in LeRoy. The company is seeking to consolidate its processes from facilities located on Lent Avenue and East Main Street. The loan will have a term of seven years. The consolidation will retain 50 jobs, officials said.
Premiere Credit of North America LLC, which opened operations in the city of Batavia in 2012, received a sales tax exemption of some $26,000 in return for an investment of $325,000 to expand the footprint of the company’s existing call center on Mill Street. The expansion will add 50 new employees for a total workforce of 135.
Imagination Industries LLC also received approval for sales tax and mortgage tax exemptions, along with a property tax abatement, for a 7,015-square-foot facility the company is building in the town of Bergen. The multiuse facility will house an indoor firing range, training center, gunsmith services and a laser engraving business. The company is investing nearly $400,000 and will create 10 jobs.
“These are all very high quality projects that we believe will have a positive economic impact in the region,” said Steve Hyde, president and CEO of the GCEDC, in a statement. “While the main function of our organization is to create new jobs, it’s also important to remember that we are here to help existing companies such as Leroy Plastics retain jobs and keep them here for the long term.”
(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail firstname.lastname@example.org.