FRANKFORT – After years of sitting empty, the Frankfort 5S South Business Park is close to filling up.
The Herkimer County Industrial Development Agency has agreed to accept an offer for the last two parcels of land in the business park.
One company that would occupy a parcel of land is being referred to as "Higby Gold," and it's a retail-type facility. The executive director of the IDA says we should learn more about the real name of that company soon.
The second business that will occupy one of the remaining parcels of land is a local company. JBF Stainless closed on its purchase Monday morning to expand into the business park.
JBF Stainless builds steel equipment for food, beverage, dairy and the cosmetics industry. The owner of the business, Jake Feldmeier, says the company is outgrowing its current space and needs more room.
He says the additional space will give them the ability to do more, and the expansion means more jobs. The company currently employs about 44 employees, and Feldmeier says there should be at least a 50 percent increase with the new space.
"We’ll be about 40,000-square-feet," Feldmeier said. "The unique thing about it is it's all … 60 percent of it is a high bay building that'll be 52 feet underneath the crane hook, which will allow us to build larger vessels with less material handling."
JBF broke ground on the site on Monday, with the hopes of being up and running in November.
Heidelberg Bread and Tractor Supply Co. already occupy space at the Frankfort 5S South Business Park. When it’s full, the hope is that there will be more than 700 people employed at the park.
“We just closed on the last two parcels,” said John Piseck Jr., executive director of the Herkimer County IDA. “So, these were the prior two, now we just closed on the last two. So yeah, we have no more room in the 5S Business Park, or the Pumpkin Patch as people like to call it.”
The Herkimer County IDA is now on the hunt for more land to develop. Piseck says there are 30 acres in Manheim that they’re looking at.
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