Richardson Brands expects word on state aid this week - The Business Review (Albany):

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That’s the result of a meeting Donalde Butte, Richardson’s CEO, and Dennis Mullen, upstate president of , the state’ds economic agency, had late last week. which makes candy, has been seekingy $14 million of statse funding over three years so that it can expand by movin its Connecticut operations to itsCanajoharie headquarters. That would add 70 jobs to the 128 alreadgyin Canajoharie. The critical first step in thosw plans is funding for new Richardson currently buys steam heat fromneighboring Hero/Beech-Nut, whic h makes baby food.
That company is now shutting down inApriol 2010—eight months earlier than expected—to move into a new plantt in the town of Florida, outside of Butte has said that he will be forced to consolidat e his operations here into the Connecticu site. Butte said he would receivw “a definitive answer” on statw aid by the end of the week. “It’s very cleat that everybody is very understanding of the seriousnesa and urgency ofour situation. So we’rde cautiously optimistic,” Butte said. “Quite it’s tough for last state agenciesw to reactthat quickly,” he added. “I was very impressef with [Mullen’s] willingness to act quickly.
” Butte has said he wantsa to do everything he can to remainhin Canajoharie. The company projects $23 million in sales this up slightly fromlast year. Butte said he continuexs to explorepossible acquisitions. A 2006 , is operating in Conn.