Idaho Food Company Plans $82 Million Expansion

Dec 5, 2014

Officials with cheesemaker Glanbia Foods have announced an $82 million expansion of manufacturing plants in south-central Idaho.

The company in a statement on Thursday says the expansion at its headquarters in Twin Falls and a plant in Gooding will add up to 50 new jobs.

The company says the expansion will help meet demand for whey — a byproduct from cheese-making.

The Times-News reports that the company finalized its decision after the economic advisory council of the Idaho Department of Commerce approved an incentive plan involving payroll and income taxes.

The deal is worth about $1.25 million over 10 years to the company.

Gooding County also offered a tax exemption on capital investment worth up to $2 million over five years.