NEW YORK CITY-A Greek and Mediterranean food manufacturer is relocating its headquarters from Long Island City to the Bronx. Krinos Foods Inc. will build an approximately $20-million facility in a city-owned land in the Tremont neighborhood.
The company is buying the site for $3.5 million from the city and will build a new facility measuring approximately 100,000 square feet. In February, Krinos announced that it will relocate 2,000 jobs and its headquarters to the South Bronx. For the full story, go to Wall Street Journal .
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