Kate Wdowiasz

Assistance will help company with effort to build a new, state-of-the-art complex to produce ice cream and frozen novelty products; will create approximately 270 new jobsDUNKIRK, NY -- At its November 19, 2024 meeting, the County of Chautauqua Industrial Development Agency (CCIDA) Board of Directors approved incentives to Wells Enterprises, Inc. The incentives, which include a Payment In Lieu of Taxes (PILOT) agreement and Sales Tax Exemption, will assist the company with the construction of its new, state-of-the-art facility in Dunkirk. This latest round of CCIDA incentives (Phase III) for the company follows two previous rounds of incentives (Phase I in 2019 and Phase II in 2023). When combined, all three phases result in Wells adding 270 new jobs and retaining approximately 380 full-time jobs. In August 2023, Wells Enterprises, owned by The Ferrero Group, announced plans for the full redevelopment of its existing Dunkirk manufacturing facility, located at 1 Ice Cream Drive. The facility plays an important role in the company’s expansion plans for its national manufacturing network of Blue Bunny, Halo Top, Bomb Pop, and Blue Ribbon Classics brands. This Phase II project was anticipated to more than double the facility's current production output and help support their continued plans for growth in novelty and packaged ice cream, while enabling future innovation. The estimated total cost of the Phase II project was $250 million and will create an estimated 250 new jobs by 2028. Earlier this year, Wells announced that in addition to the previously announced redevelopment effort, it would also build a new state-of-the-art, 133,000 square-foot Segregated Compound Facility ("SCF") which will serve as a new chocolate plant and increased production space. The SCF would be the first of its kind in ice cream in the US, with the ability to run a 15-line plant by 2028. This Phase III project is estimated to cost $175 million and will create 20 new jobs by 2030. An estimated 150 temporary construction jobs would also be created by the project. To help ensure Phase III can move forward, the CCIDA on Tuesday provided a 10-year PILOT for the project and will result in payments to the affected taxing jurisdictions (City of Dunkirk, Dunkirk School District, and Chautauqua County) totaling $2,241,980. In July, New York State Governor Kathy Hochul was in Dunkirk to announce the state is also supporting the project with up to $12 million in Excelsior Jobs Program tax credits and a $6 million grant from Empire State Development in exchange for job creation and capital investment commitments. The new facility increases the total project cost to $425 million between Phase II and Phase III. The Phase I portion of the project, announced in 2019, involved $87 million in capital investments to the existing Wells facility, which included the addition of new property to accommodate a $7 million power substation.  “We couldn’t be more excited about the future of Wells and the role this expansion in Dunkirk will play in our ambition to be the U.S. ice cream category leader. We are extremely grateful to the State of New York, Chautauqua County, and the community of Dunkirk for their unwavering support of our growth. Most importantly, this is testament to the leadership and commitment of every one of our team members in Dunkirk. Their passion, drive, and excellence in operations are truly what makes this possible,” said Liam Killeen, Wells Enterprises CEO.  “Over the past five years, Wells has committed to investing more than $500 million in our county, illustrating a tremendous commitment to the Dunkirk community and the local workforce for years and decades to come,” said Mark Geise, Deputy Chautauqua County Executive for Economic Development and CCIDA CEO. “I am proud of the support the CCIDA has been able to provide to Wells to help make all three phases a reality and ensure we not only help to retain jobs in northern Chautauqua County, but also see a significant increase in the coming years.” “Wells Enterprises' commitment to our community's prosperity is truly commendable, and we are proud to support this transformative project. This expansion goes beyond ice cream production; it represents a promising future for Dunkirk and Chautauqua County. We are grateful for Wells and the Ferrero Group's dedication to our region, and we extend our heartfelt thanks to the CCIDA and the State of New York for their invaluable funding and support in making this project possible,” said Paul “PJ” Wendel, Chautauqua County Executive.  “This expansion not only signifies Wells’ commitment to the community but also promises a brighter future by creating 270 new jobs. Together, we will pave the way for economic growth and prosperity, ensuring that Dunkirk and Chautauqua County continue to thrive and shine,” said Dunkirk Mayor Kate Wdowiasz. Both The Ferrero Group and Wells have a strong history of success. Ferrero, which was founded in 1946, has grown to become a global leader in sweet-packaged foods, including confectionary, ice cream, biscuits, and snacks. Wells has become the world’s largest family owned and managed ice cream company since it was founded in 1913 as a dairy delivery business. Artone Receives Loan for Equipment Purchase In other action during the November CCIDA board meeting, a low interest loan of $240,000 was approved for Artone LLC, located at 1089 Allen St., Jamestown, NY. The loan will be used to assist the company with the purchase of new equipment, with a total cost of $600,000. The rate and term for the loan was 4% for six years. Artone manufactures furniture for the hospitality industry and earlier this year the company celebrated 50 years in business. “Artone is a family owned-and-operated business in Jamestown with a successful track record of providing quality furniture for the hotel and hospitality industry,” Geise said. “We are happy to assist them with the purchase of new equipment that will help the company keep a competitive edge by creating more efficiency in their operation to help expand capacity and capability.” # # # About Wells Enterprises - Wells Enterprises, Inc. is the largest privately held ice cream manufacturer in the United States. Founded in 1913 by Fred H. Wells and run by the Wells family for generations, the company is an independent operating company of the Ferrero Group, one of the global leaders in sweet, packaged foods. Wells produces more than 200 million gallons of ice cream per year and distributes products in all 50 states. Wells manufactures its signature brand Blue Bunny®, lower-calorie Halo Top®, the iconic Bomb Pop®, and Blue Ribbon Classics®. Wells employs nearly 4,000 ice cream aficionados across the country. The company is headquartered in Le Mars, Iowa, where Wells has made Le Mars the “Ice Cream Capital of the World” as the largest manufacturer of ice cream in one location. Wells operates two manufacturing plants in Le Mars, a manufacturing plant in Dunkirk, New York, and a manufacturing facility in Henderson, Nevada. Learn more at wellsenterprisesinc.com. About CCIDA - The CCIDA is an economic development organization authorized and empowered by the State of New York to make Chautauqua County a better place to work, live, and visit. They facilitate development by attracting new businesses, while promoting the retention and expansion of existing businesses. Assistance in the form of incentives – tax abatements, low interest loans, and bond financing – enhances the opportunities for job creation and retention by our businesses.  For more information visit www.ccida.com.

Action will assist with renovating former bank building at 401-403 Central AvenueJAMESTOWN, NY -- At its August 27, 2024 meeting, the County of Chautauqua Industrial Development Agency (CCIDA) Board of Directors approved incentives for 401 Central, LLC. The board action will support the purchase and renovation of property located at 401-403 Central Avenue in Dunkirk, known as the former Lake Shore National Bank building, as well as an adjacent parking lot on Lark Street. The incentives include real property, sales tax, and mortgage recording tax abatements. 401 Central, LLC was formed by Gary Crewson of Peak Development Partners, the Managing Member. Acting together with Lee Crewson (Agent) and Craig Marlatt (Preconstruction Manager), the plan is to purchase the building from its current owner, the Dunkirk Local Development Corporation (DLDC), and convert the 10,855 square-foot structure into five market rate apartments and approximately 1800-2800 square feet of commercial space. The building is prominently located at the intersection of Central Avenue and 4th Street, diagonal from City Hall and three blocks from the waterfront. The total cost of the project is estimated at $2.4 million. The financial assistance provided by the CCIDA will include sales tax, mortgage recording tax, and property tax abatements over 15 years, with $243,864 in new total PILOT (payment in lieu of taxes) payments paid to the affected tax jurisdictions during that same time period as a result of the new capital investment. The project will also receive state funding from the recent Downtown Revitalization Initiative (DRI) grant awarded to the city in 2023, plus an additional grant from the state’s Regional Economic Development Council. Built in 1938, the building was the longtime home of Lake Shore National Bank. It was later used by Marine Midland, HSBC, and then First Niagara Bank, which closed operations at the location in 2016 after First Niagara was bought by KeyBank. It has sat vacant ever since. The project will provide an estimated 24 construction jobs during the renovation period and, once complete, up to seven permanent full time jobs. Work is expected to begin immediately, with a tentative completion date of September 2025. “Our plan is to provide market rate apartments for working professionals who want to live in the downtown area, close to where they work. We also look forward to providing commercial space in a key corridor of Dunkirk to help enhance the business district,” said Gary Crewson. “We’re grateful to New York State, the City of Dunkirk, and the CCIDA for helping us move this project forward and can’t wait to see it completed and ready for use.” “The CCIDA is happy to offer financial incentives for this project at the request of the City of Dunkirk, and we’re excited to see it move forward,” said Mark Geise, Chautauqua County Deputy County Executive for Economic Development and CEO of the CCIDA. “Communities across the country are challenged with legacy bank buildings that served a key purpose in the 20th century, but have become outdated with the advent of digital and online banking in the 21st century. It’s exactly the type of project our adaptive reuse PILOT program is intended to be used for, and it’s precisely the type of project that the City of Dunkirk’s downtown needs and will support.” “Adaptive Re-Use Projects” are qualified projects that involve adapting old sites or structures for new purposes, including potentially a mix of business and commercial uses, or market-rate housing. Adaptive Re-Use Projects are those that will benefit Chautauqua County by redeveloping a blighted site or structure, promoting development using existing infrastructure, and creating new economic activity at troubled sites or structures to assist in eliminating neighborhood blight. “It's great to see this project come to fruition in Dunkirk. If we want to grow our communities here in Chautauqua County and reverse the decades-long trend of population decline, we need to have modern, market-rate apartments available for working residents, especially those who want to live close to where they work," said County Executive Paul “PJ” Wendel. “We’re thrilled to see Gary Crewson and his team breathe new life into this vacant and deteriorating building in our central business district,” said Dunkirk Mayor Kate Wdowiasz. "This project will be the first Downtown Revitalization Initiative project to have been started during this award process and the mixed-use project is going to be transformational for Central Avenue and I believe it’s just the beginning. So providing this type of assistance is in line with the IDA and the city’s vision and goals for revitalizing downtown Dunkirk. Our city is definitely on the move and we can’t wait to see it continue in the months and years that lie ahead.” About CCIDA - The CCIDA is an economic development organization authorized and empowered by the State of New York to make Chautauqua County a better place to work, live, and visit. It facilitates development by attracting new businesses, while promoting the retention and expansion of existing businesses. Assistance in the form of incentives – tax abatements, low interest loans, and bond financing – enhances the opportunities for job creation and retention by our businesses. For more information visit ChooseCHQ.com.