Perry’s Ice Cream marks a significant milestone with the inauguration of its expansive new facility in the heart of the Village of Akron.
The $18 million endeavor has culminated in the addition of a 20,000-square-foot facility, outfitted with state-of-the-art machinery, signaling not only a boost in production capabilities but also an avenue for fresh employment opportunities. Nestled adjacent to Perry’s existing manufacturing hub, this new facility promises to further fortify the brand’s foothold in the industry.
In tandem with its expansion, Perry’s Ice Cream is committed to fostering economic growth by generating up to 15 new positions at its flagship 1 Ice Cream Plaza location. Empire State Development’s investment of up to $365,000 in Excelsior Jobs Program tax credits underscores the significance of this job creation initiative.
Hope Knight, President, and CEO of Empire State Development, lauds Perry’s Ice Cream for its forward-thinking approach, emphasizing the expansion’s broader impact on the regional economy. Knight highlights the expansion as a catalyst for job creation, increased production capacity, and continued support for local dairy farmers integral to the supply chain.
In anticipation of a burgeoning frozen novelty market projected to reach nearly $10 billion by 2029, Perry’s Ice Cream has strategically positioned itself to capitalize on evolving consumer preferences. A newly installed manufacturing line boasts versatility, capable of producing an array of offerings including conventional ice cream, sorbet, yogurt, non-dairy alternatives, and more, ensuring Perry’s remains at the forefront of innovation.
Empire State Development underscores its commitment to Perry’s growth trajectory, revealing Erie County Development Agency’s contributions totaling $426,947 in sales tax benefits, $17,123 in mortgage recording tax savings, and a $2 million loan facilitated through the agency’s lending arm.
The completion of this expansion not only underscores Perry’s Ice Cream’s commitment to quality and innovation but also reinforces its status as a cornerstone of the local economy, poised for sustained growth in the dynamic frozen treats market.
