Agro Farma receives federal tax credits, acquires Australian company

COLUMBUS – Last week was an exciting one for New York’s number one dairy manufacturer. On Tuesday, Chobani Greek-style yogurt maker Agro Farma was granted $18 million in New Market Tax Credits to enable them to expand their existing production facility in the Town of Columbus. Two days later, they officially went global with the acquisition of Beads Foods Pty Ltd., an Australian natural dairy products manufacturer.

“This acquisition marks a major milestone for Agro Farma as we expand our global reach into key international markets. And we couldn’t have picked a better partner to start with,” Agro Farma’s founder, Hamdi Ulukaya, said in a press statement issued Thursday.

“Not only are Bead Foods’ products world class, but so are their people. We look forward to learning from them, sharing our knowledge and growing together.”

There's more to this story! You're only seeing 28% of the story. Subscribe now to get immediate access to the rest of the story as well as our whole online offering.

Today's Other Stories

© 2018 Snyder Communications/The Evening Sun
29 Lackawanna Avenue, Norwich, NY 13815 - (607) 334-3276
Create an Account Forgot Password Help
pennysaver logo greatgetaways logo
We're on Facebook