The Yates County Industrial Development Agency, which does business as the Finger Lakes Economic Development Center, or FLEDC, is proud of its proactive role in growing diverse businesses and jobs specifically tailored to our region.
Most notably, the FLEDC has expanded its range of economic development initiatives and programs to a broader range of businesses, including a larger percentage of smaller and non-industrial companies. Yates County’s economy draws its strength from three major segments — agriculture, tourism and manufacturing. This diversity — and the FLEDC’s ability to create a ripe environment for it to grow — is the future of the economy in Yates County.
The FLEDC is here to help businesses succeed. Our programs are designed for companies of all sizes and varied industries. From entrepreneurs working to launch a dream business to companies looking to locate to the area, to existing operations searching for available resources, the FLEDC will assist you.
As the sole economic development agency in Yates County, the FLEDC uses a broad spectrum of natural resources and targeted development programs to sustain a high level of growth. And we continually develop new offerings to entice further investments from Yates County enterprises.
Dundee Foods
In 2004, Dundee Foods invested $1.3 million to renovate and begin production at an abandoned 20-acre campus. The 160,000-square-foot facility provided the perfect setup to produce and store many types of food and beverage products. It includes a large freezer, cooler, production area and warehouse space.
Since renovating the site, Dundee Foods has continued to expand its production lines within the facility and recently added a distilled spirits operation and a new organic line. The Dundee Foods location employs 30 full-time workers and is the Village of Dundee’s largest private-sector employer.
Incentives:
FLEDC partnered with Dundee Foods on a sale/leaseback agreement providing the company with real property tax abatements and sales and mortgage tax exemptions in exchange for Dundee Foods capital investment within the county. Additionally, FLEDC worked with Dundee Foods and the Village of Dundee to help secure a Community Development Block Grant (CDBG) from New York State’s Office of Community Renewal to increase the capacity of the Village’s waste water system to handle the increased load now coming from the facility.
Outcome:
