The Bronx will soon see the development of a Greek and Mediterranean food manufacturing facility. After considering many locations, Krinos Foods Inc. has chosen the Bronx as the new home for its headquarters. The Wall Street Journal reports:
Krinos Foods Inc., a Greek and Mediterranean specialty-food importer, will develop a roughly $20 million facility on what is currently a city-owned site in the Tremont neighborhood of the Bronx. The company will bring 85 existing employees, and plans to add five more jobs.
Krinos imports and makes olive oils, cheeses, coffee, pastas and yogurts sold in grocery stores and served in restaurants. It was founded in 1958 in New York as the Arista Olive Company. It moved to Queens in 1981, but its facility had begun to show signs of age.
The move represents an ongoing renaissance of industry and manufacturing in New York City and a commitment to revitalizing existing industrial spaces, as well as building new ones. Learn how NYCEDC is positioning the industrial sector as a vital force in the City’s 21st century economy.
Photo credit: Peter J. Smith/The Wall Street Journal
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