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Niagara IDA OKs tax break for Mayer Bros.

WHEATFIELD - Mayer Bros. Apple Products received a 15-year tax break Wednesday to add more bottling capacity at its plant on Lake Road in Somerset.

The board of the Niagara County Industrial Development Agency approved the deal to assist the $3.15 million project that is projected to add 26 jobs to the current work force of 81 at the Somerset location. Mayer Bros. also has a plant in West Seneca.

The project will add another bottling line to the three at the existing facility. Mayer Bros. is best known for its apple cider and fruit juices, many of which are sold to retail chains for use in store brands. Manufacturers of flavored teas are another major market for the company, which has been adding more customers for those products, executives told the IDA board when the project was unveiled last month.

The tax breaks include reduced property taxes on the value of the 40,000-square-foot plant expansion and three new loading docks, plus an exemption from having to pay sales taxes on building materials and the equipment to be installed. The incentives are estimated to save Mayer Bros. almost $307,000 over 15 years.

In other business, the IDA approved:

  • Tax-exempt bonding authority for DePaul Adult Care to assist with its construction of a 114-unit assisted living complex on Forest Parkway in Wheatfield. DePaul, a Rochester-based not-for-profit organization that specializes in housing for seniors and residents who meet income eligibility standards, will be able to sell bonds to investors, but those investors won't have to pay income taxes on the interest they earn. The $12.1 million project is to create the equivalent of 37 full-time jobs. Wheatfield Commons, as the project is to be known, will include 80 assisted living beds and a 34-bed memory care unit. The IDA staff estimated that the bonding authority will save DePaul $1.37 million in bond interest, and a mortgage recording tax exemption included in the deal will save an estimated $115,200. The bonds will be a debt of DePaul, not Niagara County or the IDA.
  • A five-year deal with Borderworx Logistics to operate the county's foreign trade zone, which is located in the county-controlled Vantage International Point industrial park off Lockport Road in Wheatfield, just east of Walmore Road. Borderworx is about to open a 50,000-square-foot warehouse in the zone, to be called gateway Center. It will be used as a transshipment point for imported Canadian products to be marketed in the U.S. The company, which is relocating to Wheatfield from Grand Island, bought 31 acres in the industrial park from the IDA, giving it space for further construction if warranted.



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