Operating in leased space in Mineola, the company is one of the last manufacturers in the area. It is committed to staying and growing in the region with plans to expand its retail and catering business as well as its product lines. Recently, the company had the opportunity to purchase its leased space that will enable it to expand operations, stabilize costs, and make plans for future expansions.
Financing for the purchase has been provided by Commerce Bank with support from the Long Island Development Corp. under the SBA 504 loan program. The 12,500 s/f building houses manufacturing, distribution and office space for this growing company.
According to Steve Molfetta, VP LIDC, who handled the deal, " This is a Long Island manufacturer with a proud tradition of making superior products. The principals are creative and dedicated to their industry and community. LIDC is proud to be part of financing this important project for our region."
Roslyn Goldmacher is a licensed real estate broker in N.Y. as well as president/CEO and founder of The Long Island Development Corp. and The Greater N.Y. Development Co.
Thanks for Reading!
You've read 1 of your 3 guest articles
Register and get instant unlimited access to all of our articles online.
Sign up is quick, easy, & FREE.
Subscription Options
Sign up is quick, easy, & FREE.
Already have an account? Login here