The Daily Gazette
The Locally Owned Voice of the Capital Region
Advertisement
Promotions

Beech-Nut penalty tops $1M

Failure to create jobs triggers ‘hold-back’

The Beech-Nut Nutrition Corp.'s headquarters and production plant in the town of Florida is shown in 2011.
Photographer: Marc Schultz
The Beech-Nut Nutrition Corp.'s headquarters and production plant in the town of Florida is shown in 2011.
Text Size: A | A

A significant workforce slump at the Beech-Nut baby food factory in Florida has cost the company more than $1 million in penalties, according to Montgomery County Economic Development Director Ken Rose. Five years ago, the county Industrial Development Agency gave Beech-Nut a long-term payment-in-lieu-of-taxes incentive to build its new baby food factory in the Florida Business Park. The PILOT was intended to keep the company in Montgomery County when it decided to leave its longtime ...


You Must Log-In or Subscribe to Continue Subscription Offer Individual stories can be found and purchased from our Archives for $2.00

Advertisement

comments

There are currently no posts. Be the first to comment on this story.
Advertisement