Helena expects fast start on new addition, a $4.275 million project in Ridgeway
EDA approves $454K in tax savings for project in next decade
Photo by Tom Rivers: John Ivison, branch manager for Helena Agri-Enterprises in Ridgeway, said the $4,275,000 addition will be an asset to the local agricultural community. Ivison is speaking at today’s Orleans EDA meeting. County Legislator and EDA board member John Fitzak is at left next to Gabrielle Barone, vice president of development for the EDA.
ALBION – The Orleans Economic Development Agency gave its final approval for tax incentives for a $4,275,000 expansion at Helena Agri-Enterprises on Allis Road in Ridgeway.
Helena is planning a 15,000-square-foot addition. The company hopes to start construction next month and be done in October, said John Ivison, the branch manager.
The company in 2017 moved from a warehouse in Albion to Ridgeway, building a new facility. The latest project will give Helena more capacity to serve farm operations of all sizes, especially the larger ones in planting season where there is often a small weather window to get fertilizer in the ground.
“It is designed to be high output for the growers of the future to get to the fields quickly,” Ivison told the EDA board today. “We can be precise with the nutrient needs of the crop.”
The addition will include $1 million of blending equipment. It also will have storage for 4,000 tons of product. That is enough plant food and fertilizer for about 30,000 acres.
The EDA approved $454,663 in incentives over 10 years while Helena pays $158,288 to local governments in a PILOT (payment in lieu of taxes).
The company will get a sales tax exemption, saving Helena $261,200 or 8 percent on $3,265,000. It will get a sliding scale tax abatement over 10 years, with $35,175 exempted the first year and then 10 percent added over 10 years. That exemption will save the company $193,463 in property taxes on the new facility over the decade.
Helena employs 15 people in Ridgeway. Ivison said the company could add six more employees with the addition, with a person in information technology, two truck drivers, a skid steer operator, a salesperson and an employee with soil testing.
John Misiti, the EDA board chairman, said the Helena expansion reflects confidence in the agricultural economy in Orleans County.