Deep Dairy Products is part of the Deep Foods Group of companies, which is headquartered in Union Township, New Jersey.
As a result of the upgrades, the company plans to create up to 39 new jobs over the next five years and will retain 36 jobs, Empire State Development (ESD) said in a Tuesday news release.
The project will allow Deep Dairy Products to manufacture onsite additional products that were previously made by third-party suppliers. It will also increase the amount of milk needed from local dairy farmers, ESD noted.
Deep Dairy Products specializes in the making of paneer cheese, ghee, and yogurts.
The facility upgrades, which are already underway, will include the renovation of the nearly 27,000 square-foot facility and the installation of “state-of-the-art” machinery and equipment. Deep Dairy Products expects to complete the upgrades in late 2023.
ESD is assisting this project with up to $700,000 through the Excelsior Jobs tax-credit program in exchange for job-creation commitments. The project has also been supported by the Village of Waterloo and the Seneca County Industrial Development Agency.
The Waterloo facility is currently supplying the cheese and yogurt ingredients for many of the Deep Foods frozen-food entrees made at the company’s New Jersey plant. Deep Foods had previously purchased these raw materials from third party suppliers. The planned upgrade of the Seneca County facility will allow Deep Dairy Products to increase capacity beyond raw material production and start manufacturing yogurts, lassi drinks (a popular Indian yogurt beverage), and other dairy products for retail sale on a large scale under the new brand name, ‘Deep Indian Kitchen’.
“We acquired this plant in May of 2018 and are excited to now be manufacturing quality paneer cheese, yogurts and other dairy products in Waterloo. The abundant supply of high-quality local milk and Waterloo’s business friendly attitude have confirmed that last year’s purchase of this plant was the right decision and that this is the best location for us to expand our dairy product production,” Deepak Amin, CEO of Deep Foods Group, said in the news release. “The incentives being provided by New York State enhanced the feasibility of this project and influenced our decision to expand and modernize the Waterloo plant rather than purchase an alternate facility or use a third party to produce our retail dairy products.”
Founded in 1977, Deep Foods Inc. and its affiliated companies employ nearly 4,800 people globally, ESD said.
Contact Reinhardt at ereinhardt@cnybj.com