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Dec. 19, 2003: New York Chocolate and Confections Company Purchases Nestle Plant

OSWEGO, NY--The County of Oswego Industrial Development Agency finalized the purchase of the former Nestle plant in Fulton by the New York Chocolate and Confections Company today.

New York Chocolate and Confections Company, a consortium of cocoa suppliers from the Ivory Coast, plan to manufacture bulk chocolate at the plant. The Fulton Chocolate Company plans to produce low-carbohydrate and private label candy bars and would be leasing approximately 250,000 square feet of the plant. The combined employment of the two companies is anticipated to be over 570 within the first three years in business.

Pictured standing, from left, are K.C. Comas, Comas and Associates Attorneys; Yalle G. Agbre, president of I.C. Management, Inc.; Chairman of the Oswego County Legislature Morris Sorbello; Donald Kunzwiler, County of Oswego Industrial Development Agency (IDA) board member; Ahmed Diomande, director of fiscal studies, New York State Senate; Dr. Ousmann-A. Gbane, principal and CIO of Lion Capital Management Group; City of Fulton Mayor Michael Stafford; IDA board members Arthur Ospelt and Gary Toth; and Kevin Caraccioli, Seiter, Caraccioli and Associates. Pictured seated, from left, are Firmin Kouakou, general manager of FRC Control and Regulation Funds, Ivory Coast; IDA Chairwoman Carolyn Rush; and L. Michael Treadwell, IDA secretary and executive director of Operation Oswego County.

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