Nassau County Executive Edward P. Mangano today announced the Nassau Industrial Development Agency’s (IDA) approval of an economic development compact that allows a major manufacturer and distributor of chocolates and gourmet foods to expand its operations in Hicksville and add 20 jobs.
“My administration has helped create more than 24,000 private sector jobs and this latest economic development compact assists Nassau Candy Distributors in expanding their operations and creating 20 new permanent jobs.”
The economic development compact will assist Nassau Candy Distributors, which in 2014 bought and renovated an existing 127,000-square-foot building at 300 Duffy Avenue with IDA assistance, add another 26,000 square feet. The company now employs 328 people at the regional distribution facility. The expansion project, which will cost the company $4.3 million, will generate more than $21 million in economic benefits for Nassau County and almost $1.8 million in net new taxes for the affected taxing jurisdictions.
Nassau Candy was founded more than 80 years ago on Front Street in Hempstead Village and sells more than 10,000 items, including: chocolate-covered raisins and pretzels, fudge, fruit slices, roasted nuts and hand-dipped chocolate cherries, among others.
About the Nassau County IDA
The Nassau County Industrial Development Agency consists of a team of professionals whose mission is to promote the economic welfare and prosperity of Nassau County. It is a resource for businesses in Nassau County and those considering relocation. The IDA provides assistance to businesses interested in relocating, expanding and financing new investments. It has provided assistance to a wide range of companies including Hain Celestial, Publishers Clearing House, Arizona Iced Tea, Dealer Track Technologies and Sleepy’s Mattress as well as Cold Spring Harbor Labs and Grumman Studios. For more information, please visit http://www.nassauida.org or call 516-571-1945.