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Gooding plans for expansion, gets more tax breaks

by TSchmitt
Fri, Jun 14th 2013 10:19 am

A longtime Lockport company is growing, and it'll get some help on its tax bill to do so.

Gooding Company Inc. received a 15-year payment in lieu of taxes deal on Thursday from the Town of Lockport IDA, meaning it will get about $150,000 in breaks.

That company makes inserts for prescriptions, and hopes to add up to 15,000 square feet in new space to its production facility on Davison Road.

Sales for that company have risen sharply in the past few years and now come in at almost $7 million a year.


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