NYSEG supports Agro Farma’s expansion needs

NORWICH – The New York State Public Service Commission voted to allow New York State Electric & Gas Corporation to spend $5 million to help offset the cost of improving transmission lines that serve Agro-Farma Inc.’s manufacturing plant in Chenango County.

Agro-Farma, which is planning a major expansion, is one of New York’s largest dairy product manufacturers and the maker of Chobani Greek Yogurt.

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“One of the purposes of a utility’s Commission-approved economic development fund is to provide economic assistance to preserve or create jobs and stimulate growth through financial assistance to a qualified customer with significant manufacturing and employment potential,” said Commission Chairman Garry Brown. “The Commission strongly encourages stimulating economic development; without a vibrant economy and job-creating companies like Agro-Farma, our utility infrastructure will undoubtedly suffer.”

Agro-Farma is planning a capital investment of approximately $100 million over the next 12 to 18 months at its manufacturing facility in the hamlet of South Edmeston. By securing this investment, there is an opportunity for an additional $50 million in new investment to the customer’s headquarters, also located in the same geographic area.

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