WHEATFIELD – Lake Effect Ice Cream plans to ramp up production at a new Lockport manufacturing facility as it prepares to open a new retail store on Hertel Avenue in Buffalo.
The company, owned by two Lockport High School teachers, recently purchased a former auto parts store on Niagara Street in Lockport that it plans to use as a manufacturing plant.
Lake Effect Ice Cream received a $125,000 loan Wednesday from the Niagara County Industrial Development Agency that will be used to repay a 120-day loan for $100,000 granted to the company last month by the Greater Lockport Development Corp., said Susan C. Langdon, IDA project director.
The money will be used to equip the new production facility at 49 Niagara St.
Lake Effect Ice Cream plans to open a retail store at 1900 Hertel Ave. in Buffalo by Memorial Day. The new store will be the company’s second retail location. It also runs a shop on Canal Street in Lockport.
The company also sells pints in several local supermarkets.
Terms call for the loan from the agency’s Niagara County Development Corp. to be paid off in five to seven years.
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