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Local News

October 19, 2013

County pulls plug on brewery

(Continued)

Cherry said after the meeting he is already taking steps to have Guilford Mills advertised on the open market. He voiced optimism that a new buyer will be found for the property, which offers some 460,000 square feet of space.

In recent weeks, Butternuts executives had been looking into developing a relationship with the State University at Cobleskill that would have allowed firms moving into the Guilford Mills status to enjoy tax-free status under Gov. Andrew Cuomo’s Start Up New York program. But local officials pointed out that the regulations for that program have yet to be released.

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