The Daily Gazette
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Quandt’s tax credits to stay in area

Unused incentive to be redistributed to other businesses

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When Quandt’s Foodservice Distribution sold out to US Foods, it left nearly $1 million in unused tax credits. That money, according to Empire State Development spokesman Jason Conwall, will now be made available to other Mohawk Valley businesses that aren’t planning to sell to national corporations. Quandt’s, based out of a warehouse on Quist Road in the town of Amsterdam, was awarded $903,000 in tax credits in 2011 as part of the first round of ...

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