Saratoga Potato Chips, LLC will bring 175 new jobs; invest $4.9 million
Fort Wayne, Ind. (July 8, 2010) — Saratoga Potato Chips, LLC announced today that it will locate a facility at 6923 Lincoln Parkway in Allen County. The company, which produces traditional potato chips, kettle chips and popcorn, will bring 175 new jobs to the area and invest more than $4.9 million. The project will begin in August, with the final phase scheduled for completion in 2013.
“Saratoga’s Indiana headquarters gives us closer proximity to our U.S. customers, many of which are located in the Midwest,” said Peter Margie, president and chief executive officer of Saratoga Potato Chips. “State and local officials have created an excellent business environment that made our decision to locate in Indiana an easy one.”
The international headquarters for Saratoga Potato Chips is located in Brampton, Ontario, Canada. Allen County is the company's first project in the United States.
“Saratoga is the second international firm in the last month to have taken notice of the business climate we’ve created and launch U.S. headquarters operations in our state,” said Governor Mitch Daniels who recently joined executives from Chinese manufacturer, Y.K. Furniture to announce the company’s plans to establish its U.S. headquarters in Marion and create up to 100 new jobs over the next four years.
The Allen County Council will consider phasing in taxes associated with the project. Saratoga Potato Chips could save approximately $131,520 on real and personal property taxes over seven years. The company is also eligible for $10,000 in recruitment and assessment services, $125,000 in job specific training and $10,000 in computer training services from WorkOne Northeast. The Indiana Economic Development Corporation (IEDC) will provide $1,000,000 in Economic Development for a Growing Economy (EDGE) tax credits over a ten year period.
"This is a tremendous opportunity for Allen County," stated Commissioner Nelson Peters. "The fact that Saratoga Potato Chips has chosen northeast Indiana as its U.S. headquarters speaks volumes for our business community and shows that we are an excellent place to grow and conduct business."
About Saratoga Potato Chips, LLC
Saratoga Potato Chips, LLC is a leading supplier of retailer brand products in the North American market. For the last 22 years the company has enjoyed annual double digit growth.