FORESTPORT, N.Y. — Nirvana Spring Water Inc., which disclosed in June that it will close its bottling plant in northeast Oneida County, has delayed when it will begin cutting 70 jobs until the second half of November.
The cuts were originally expected to begin in early September, according to a posting on the state Department of Labor website.
Nirvana Spring Water filed for chapter 11 bankruptcy in June, and is being put up for auction on Oct. 14 for interested parties to buy it out of bankruptcy, according to a June report on bankruptcynews.dowjones.com.
(Sponsored)
How to Generate Staff Buy-In for Cloud Document Management
How businesses manage important documents has changed quite a bit throughout history. Information that used to be housed in filing cabinets and rolodexes is now stored digitally, often in one
10 Reasons Your Business Needs Cyber Insurance
1. Cyber crime is the fastest growing crime in the world, but most attacks are not covered by standard property or crime insurance policies. New crimes are emerging every day.
The company’s bottling plant is located at 1 Nirvana Plaza in Forestport.
Previous news on the company
In late August 2013, New York State Comptroller Thomas DiNapoli and the New York Business Development Corp. (NYBDC) announced a loan of $3.2 million to Nirvana. With the NYBDC loan, and other funding sources, Nirvana purchased a high-speed bottling line that was supposed to produce 12 million cases of bottled water annually and increase the company’s workforce by 50 people, the state comptroller’s office said in a news release then.
Nirvana, a family-operated business, employed more than 100 people at that time. The company obtained its water supply from the Nirvana Springs located on 2,000 acres of wilderness, and distributed its bottled water under the company’s own label throughout the Northeast as well as to customers in the Midwest and Southwest.
Contact The Business Journal News Network at news@cnybj.com
