BATAVIA — Three developers are looking to invest nearly $20 million in local projects. One is hoping to get the OK Thursday for aid from the Genesee County Economic Development Center.
The biggest investment, $13.7 million, would be by Liberty Pumps, Inc. of Bergen, which seeks $1.5 million in property and sales tax exemptions as it expands. The GCEDC board will consider approving the request when it meets at 4 p.m. at 99 Med-Tech Dr.
Liberty Pumps, a U.S. manufacturer of pumping products for ground water and wastewater removal, plans to expand operations at Apple Tree Acres industrial park in Bergen. It plans on constructing a 107,138-square-foot materials center, creating 30 new jobs with an average salary of $52,000 annually plus benefits. The project would generate about $29 of private investment into the local economy for every $1 of public investment, the GCEDC said.
Liberty Pumps Board of Directors Chairman Charlie Cook said last month that the company has about 250,000 square feet of space at Apple Tree Acres.
“We’ve filled up our current space and we’re growing to the point where we need additional space for both warehouse and production,” Cook said at the time. “We do machining of some of our cast-iron parts here. With the growth of the business, we add machines at a fairly regular pace. We are going to need additional space for these machines tools, (such as) CNC (Computer Numerical Control) especially.”
“It would certainly delay it if this isn’t approved, yes. We hope to break ground in September, with completion in the fall of next year,” he said. “The steady growth of the company is going to necessitate more space.”
The board also will consider accepting an initial application from Valiant Real Estate USA, Inc. (New York Bus Sales). Valiant is proposing a $4.5 million capital investment to build a 20,000-square-foot facility on Saile Drive in the town of Batavia. The project would create 24 new jobs with an average salary ranging from $30,000 to $75,000 annually plus benefits.
Valiant Real Estate USA, Inc. is seeking sales, mortgage, and property tax exemptions of approximately $430,120. The project is estimated to generate $50 of investment into the local economy for every $1 of public investment.
Also Thursday, the board may accept an initial application from J & R Fancher Property Holdings LLC, which is proposing to construct a two-story mixed-use building on 2.6 acres at Buffalo East Tech Park in the town of Pembroke. This is the first of three phases of development that Fancher is proposing at Buffalo East.
The $1.7 million investment would include six market-rate one-bedroom and two-bedroom apartments on the second floor and a first floor comprised of a 7,000-square-foot vanilla box interior intended to attract commercial tenants. The total planned square footage of the facility is 14,000 square feet.
J & R Fancher is asking for sales, mortgage and property tax exemptions of $254,336 and is estimated to produce $4 of investment into the local economy for every $1 of incentives.
If the applications for Valiant Real Estate USA, Inc. and J & R Fancher Property Holdings LLC are accepted, public hearings on the proposed project incentives agreements will take place prior to consideration of final resolution.