TOPEKA, Kan. (AP) – A food distribution company is set to make an $86.5 million capital investment in Topeka, including a new 250,000-plus square-foot facility.
The Topeka Capital-Journal reports that the Joint Economic Development Organization awarded the Oregon-based Reser’s Fine Foods $665,000 in performance incentives on Wednesday.
The company’s expansion also includes 180 new jobs and upgrades to its current Topeka plant. The new plant will be located nearby.
The company plans for its project to be done in two phases, with a groundbreaking in early 2017.
Matt Pivarnik, president and CEO of the Greater Topeka Chamber of Commerce and GO Topeka, says the one-time economic impact of Reser’s expansion is projected to be $115 million. The recurring impact each year is expected to be $90 million, assuming the 180 jobs are created.