Westchester County Business Journal 020617

Page 1

2 | TALENT SEARCH FEBRUARY 6, 2017 | VOL. 53, No. 6

17 | MOVIE MAKEOVER

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

x

westfaironline.com

Pepsico plans Valhalla expansion BY ALEESIA FORNI aforni@westfairinc.com

P A century and one

TWB Loan Decision Banner Ad 6” w x 1.5” h 11-21-16

PAGE 7

Balducci’s General Manager Angel Caban talks with chef Laura Granston during the store’s opening day. Photo by Bob Rozycki

epsiCo Inc. plans to erect a new three-story building at its Global Beverage Research and Development Center campus in Valhalla. The proposed 122,000-square-foot research and development building will contain laboratory and office facilities. “We welcome the expansion,” said Mount Pleasant Town Supervisor Carl Fulgenzi. “Anything we can do to keep PepsiCo in the town of Mount Pleasant is something we look forward to doing.” Fulgenzi said the possibility of increased property tax revenues and the hiring of both project

construction workers and new PepsiCo employees once the expansion is completed will benefit Mount Pleasant. Along with the new structure, PepsiCo also plans to renovate and modernize the interiors of the two existing buildings at 350 Columbus Ave. and 100 Stevens Ave., including a 15,000-squarefoot expansion to one of the building’s mezzanine levels and a vestibule. The Purchase-based food and beverage giant has proposed to expand parking and improve the site’s landscaping, utility infrastructure and stormwater management. Aurora Gonzalez, senior communications director at PepsiCo, said the company is in the “initial » PEPSICO, page 6

Beefed-up IDA seen as Mount Vernon ‘economic engine’ BY BILL HELTZEL bheltzel@westfairinc.com

T

he Mount Vernon I n d u s t r i a l Development Agency bulked up and toughened up at its annual reorganization meeting on Jan. 31. It bulked up by hiring two

employees and two consultants. It toughened up by introducing a more detailed financial assistance process. “We can’t develop the economy with an army of one,” Mayor Richard Thomas, the IDA chairman, said after the meeting. “This is a team of teams to help coordinate projects across the city.”

The army of one refers to Sean McIntrye, who was hired as interim executive director in August to replace the agency’s sole employee, Margaret Finlayson. On Tuesday the board appointed Maria Donovan as strategic director, at $95,000 a year, and Roberta James as business development director, at $86,000

NOW OPEN

a year. Donovan, who was already serving as special counsel to the mayor, will manage long-term policies, oversee key initiatives, implement the mayor’s economic development agenda and develop marketing materials. James, who had worked on Thomas’ mayoral campaign in

Lisa Arrichiello

John Tolomer

2015, will do market research, monitor the city’s growth, collaborate with the business community and identify business opportunities. The board also hired two consultants. Daniel Macom, president of DJM Inc. in Riverside, Connecticut, » IDA, page 6

Tiasia Currie

800 WESTCHESTER AVE. - 4th FLOOR, RYE BROOK TheWestchesterBank.com

Glen Fernandez

914-368-0987

Member FDIC. Equal Housing Lender


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.