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Project Name

Tomric Expansion/Acquest Development Company, LLC

Address

85 River Rock Drive
Buffalo
New York
14207

Project Details

Erie County IDA had a leasehold interest in 85 River Rock (formerly known as the Buffalo Free Trade Zone Complex) on behalf of the Buffalo Economic Renaissance Corporation since 1983.  The facility provided low rent incubator space to companies since that time.  In 2017, the ECIDA transferred the property to the BERC which in turn sold it to Acquest Development. 

The proposed project entails renovations to the space occupied by Tomric Systems within the 85 River Rock complex to better serve their needs.  The company presently occupies 30,000 sq. ft. and is increasing their footprint within the building to 45,000 sq. ft. Tomric is a manufacturer of plastic chocolate molds and food packaging and distributes chocolate handling equipment for sale throughout the US and Canada.  They currently employ 25 people and expect to hire an additional 2 as part of this project.

Tomric's expansion in the facility requires an extensive amount of upgrades to HVAC, electrical, fire safety systems and loading docks for which a sales exemption is being sought in the amount of $65,625.

 

Status Details

 2/21/2018 - $1,575,000 Lease/Leaseback Inducement Resolution passed by ECIDA Board of Directors.