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US: Niagara IDA approves tax break for Wheatfield greenhouse

Power Greenhouse Integration received a 15-year PILOT and sales tax exemption for a $24 million acquisition and expansion of the former Fortistar greenhouse on Shawnee Road in Wheatfield. The project will include construction of a natural gas-fired cogeneration power plant next to the existing 12½-acre greenhouse, and the expected construction of another 6-acre greenhouse.

Fortistar was growing tomatoes in the greenhouse as recently as January. The new owners intend to add other types of vegetables to the lineup, including cucumbers and leafy greens.

The tax abatement will save the out-of-state company nearly $2 million over the next 15 years. The new firm, incorporated in Florida but expected to have its headquarters in North Carolina, plans to employ 20 to 30 people this year, growing to 100 workers within three years, according to its IDA application.


Source: buffalonews.com
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