ULSTER COUNTY EXECUTIVE MIKE HEIN ANNOUNCES SUCCESSFUL JOB RETENTION AND BUSINESS EXPANSION EFFORT

Posted June 7, 2012

Bread Alone to Invest $4 Million and Keep Wholesale Bread Production in Ulster County

Ulster County, NY - County Executive Mike Hein is pleased to announce the retention and expansion of Bread Alone bakery which produces bread and pastries for the wholesale and retail market in the New York metropolitan area.  The company will continue in its 3,500 square foot Boiceville production space and will enhance its production capability by renovating a now vacant 26,000 square foot building in the Town of Ulster. In 2011 County Executive Hein met with Bread Alone’s owners and learned that their company growth had created a need to expand.  While reviewing local production space, the company had also inquired into potential production space in New Jersey, which actively courted Bread Alone. In addition to Ulster County having ideal space for Bread Alone to expand, County Executive Hein identified a little-used State program called the Manufacturing Assistance Program (MAP) that targets incentives for businesses gaining efficiencies in production.  Because Bread Alone’s purchase and installation of high-efficiency ovens will enable production time and energy inputs to be reduced, this business qualifies for $240,000 through this program.  Bread Alone also qualifies for tax credits and sales tax exemptions because this project is expected to retain 45 jobs in Ulster County and create 14 new jobs over the next three years. “This is a great example of a homegrown business partnering with the State to retain and create much-needed jobs by expanding here in New York,” said Empire State Development President, CEO & Commissioner Kenneth Adams. “Bread Alone’s investment is another sign of the progress we’ve made under Governor Cuomo’s leadership in creating a more business-friendly environment that encourages companies to invest in job creating projects. I commend County Executive Mike Hein for identifying the company’s needs and assisting Sharon and Dan Leader with securing critical economic development resources from the state.” “When I learned that Bread Alone’s owners were seeking to expand  and were being courted by other states, I immediately directed my team to work with them to find a suitable location and to identify potential funding sources to keep New York competitive with out of state offers,” said County Executive Mike Hein.  “Bread Alone’s product is a staple not only in Ulster County but in an expanding New York City metropolitan market.  I applaud entrepreneurs Sharon and Dan Leader for making the next critical investment in their business and for growing it here in Ulster County.”