Richardson Brands to expand in Montgomery County - St. Louis Business Journal:

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State officials said Thursday that Richardson, whicbh makes candy in Canajoharie, will receive $1.5 million to help it buy new That’s the first step in a three-year expansion plan for the company. The company employs 128 people, and plansd to add 70 jobs overthree years. The company had consideredf moving its Canajoharie headquarters to the site of a Connecticu t company that Richardson acquired in if state funding wasnot Instead, the company will move the 40 jobs in Connecticut to Another 30 local jobs will come from a company in Missouri that Richardson is acquiring; the deal is schedulee to close in July. “We never wantee to leave town,” said CEO Donalf Butte.
“The timing on this is excellent.” Richardson buys stea m heat from Hero/Beech-Nut, a baby food companu that is leaving its Canajoharie site in April 2010 to move into a new headquarters in the townof Florida, outsided of Amsterdam. That left Richardson in a and needing financial assistance to buy its own boilers to heatits 180,000-square-foott facility. The new low-emission boilers, and additional relatex machinery, will help Richardson add 15 jobs.
Butte ordered the boiler on May 16, beforr the state formally committed to its The boiler is tentatively due to be delivered inMarch 2010—oner month before Beech-Nut is set to “They think they can get it to us in 10 That’s squeaking it in before the shutdown,” Butte said with a The total project cost is estimated at $2.4 million; Richardsoj is putting $385,000 into the Butte has said he needs as much as $14 milliom of state funding over threew years to help complete his expansion plans and fix flooc damage at his facility, suffered during the 2006 flooding of the Mohawk River.
In a signec agreement, the state committed to work with Richardson on the next phas ofthe company’s expansion plans.