A new business in Seneca Falls is going to get an assist from the Seneca County Industrial Development Agency.
Construction will begin later this year on Seneca Falls’ newest industry, Agronomics, following approvals this week, the Finger Lakes Times reported.
The IDA offered Agronomics owner James Saik a PILOT agreement and to exempt him from having to pay the mortgage recording tax for the purchase of three parcels in IDA-owned Deer Run Corporate Park.
He purchased the property for $85,496 in 2019. The plan is to build new buildings to house his fertilizer and seed-distribution business. It’s currently located on Route 318.
The business would use nearby railroad siding to send and receive commodities, according to the Times.