Firms give South Bronx an economic boost

Baldor Specialty Foods and Anheuser-Busch of New York plan to relocate and expand on two sites in the South Bronx. These projects are part of New York' City's efforts to boost growth of food-related operations in the area.

Now established in another part of the South Bronx, Baldor will relocate to a 185,000-square-foot refrigerated warehouse and distribution plant. The firm plans to add 450 new jobs to its workforce of 510 over the next three years, and will convert the site into a foodservice and distribution facility.

Anheuser-Busch will move from Long Island City to the South Bronx and construct a 167,000-square-foot warehouse and distribution plant. The St Louis MO-based food and beverage maker will add 100 new positions to its 322-employee workforce. Anheuser-Busch plans to invest $1 million on community programs and projects, including development of the South Bronx Greenway.