Baldor Specialty Foods has amended its lease with the city at the Hunts Point Food Distribution Center to expand its foothold by 100,000 square feet, the New York City Economic Development Corporation announced today.
The produce and specialty foods distributor currently has a 193,000-square-foot building with 1,000 employees, according to the EDC. With its new $20 million expansion, Baldor will push its facility up to roughly 293,000 square feet, which will allow room for another 350 new employees.
“This expansion solidifies our Bronx location as the headquarters of Baldor Specialty Foods,” said TJ Murphy, the company’s owner and chief executive officer, in prepared remarks. “We are proud to make this investment in the Bronx, to strengthen our commitment to Hunts Point and to continue to be a strong supporter of the area’s overall economic development.”
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