Wells Enterprises Secures CCIDA Support for $175M Dunkirk Facility Expansion, Creating Jobs and Boosting Local Economy
(WNY News Now) The County of Chautauqua Industrial Development Agency (CCIDA) has offered Wells Enterprises, Inc. substantial incentives for the third phase of its $425 million reconstruction of its Dunkirk production facility, which promises innovation in the ice cream business and job creation.The Board of Directors of the County of Chautauqua Industrial Development Agency (CCIDA) authorized incentives for Wells Enterprises, Inc. during its meeting on November 19, 2024. The incentives, which include a Sales Tax Exemption and a Payment In Lieu of Taxes (PILOT) arrangement, will help the business build its new, cutting-edge facility in Dunkirk. For the corporation, this most recent phase of CCIDA incentives (Phase III) comes after two earlier waves (Phase I in 2019 and Phase II in 2023)....