August 2012 - Empire State Development - New York State
August 2012 - Empire State Development - New York State
August 2012 - Empire State Development - New York State
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The Project:<br />
A. Water Lilies Food MAP Capital (X313)<br />
<strong>August</strong> 16, <strong>2012</strong><br />
ESD Involvement – The Company approached ESD for financial assistance to increase<br />
production, target new markets and develop new products. ESD offered a $100,000<br />
grant that was accepted in December 2010.<br />
Competition - Without ESD assistance the Company will lose major customers to out-ofstate<br />
competitors and be forced to reduce its workforce.<br />
Past ESD Support - This is the Company’s first project with ESD.<br />
Completion – March <strong>2012</strong><br />
Activity – The project consists of a new automated production line to form, cook and<br />
freeze egg rolls and spring rolls. The new line includes a dual lane former to<br />
automatically roll the egg rolls and spring rolls at speeds of 120 pieces per minute, a<br />
tunnel fryer, a 150 HP spiral freezer as well as all connecting conveyors and metal<br />
detector. In addition, a meat grinder, two 500-pound mixers and vegetable processing<br />
equipment will be incorporated. With the acquisition of new machinery and equipment,<br />
the Company will expand production and stay competitive in a state with high labor<br />
rates, rent and utility costs.<br />
Results – As a result of the project, the Company has retained 70 existing jobs and will<br />
create 12 new jobs.<br />
MAP Project Findings and Outcomes:<br />
This project qualifies as a Manufacturing Assistance Program project because the<br />
Company i) is a resident <strong>New</strong> <strong>York</strong> <strong>State</strong> manufacturer with between 50 and 1,000<br />
employees; ii) exports at least 30% of its production beyond its region or provides at<br />
least 30% of its production to a manufacturer that exports beyond the Company’s<br />
region; and iii) is making a substantial investment of at least $1,000,000 in order to<br />
improve its competitiveness and productivity and thereby enhance its long-term<br />
viability in the <strong>State</strong> of <strong>New</strong> <strong>York</strong>.<br />
The project is expected to produce the following measurable outcomes for the<br />
Company:<br />
Primary Outcome: A 23% increase in production of egg/spring rolls from 5.3 to 7 million<br />
pieces per year.<br />
Secondary Outcome: A 75% waste reduction from 2% to .05% per year.<br />
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