Four more food companies will move to or expand in the Bronx with city subsidies, and FreshDirect said Tuesday it will hire 200 people over the next three months as it prepares to relocate to the borough.
Last week, city officials approved about $30 million in tax exemptions to help Fairway Bakery, Food Fest Depot, Krinos Food and "R" Best Produce put down roots in the Bronx, despite ongoing controversy over a recent subsidy deal for FreshDirect.
The companies will invest more than $40 million and will receive the tax breaks over 25 years.
The New York City Industrial Development Agency okayed the four new deals Oct. 10, eight months after it awarded about $84 million in tax breaks to help FreshDirect relocate from its Long Island City, Queens headquarters to the South Bronx waterfront.
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