04.10.2014 Views

August 2012 - Empire State Development - New York State

August 2012 - Empire State Development - New York State

August 2012 - Empire State Development - New York State

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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 />

2

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!