Firms give South Bronx an economic boost
Dec 2, 2005 9:25 AM, from staff and wire reports
Baldor Specialty Foods and Anheuser-Busch of New York plan to relocate and expand on two sites in the South Bronx. These projects are part of New York' Cityís efforts to boost growth of food-related operations in the area.
Now established in another part of the South Bronx, Baldor will relocate to a 185,000-square-foot refrigerated warehouse and distribution plant. The firm plans to add 450 new jobs to its workforce of 510 over the next three years, and will convert the site into a foodservice and distribution facility.
Anheuser-Busch will move from Long Island City to the South Bronx and construct a 167,000-square-foot warehouse and distribution plant. The St Louis MO-based food and beverage maker will add 100 new positions to its 322-employee workforce. Anheuser-Busch plans to invest $1 million on community programs and projects, including development of the South Bronx Greenway.
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