Chocolate Equipment Maker Tomric Secures $ 1.1 Million Loan from ECIDA Subsidiary | Local News

Tomric occupies 30,149 square feet at 85 River Rock Drive, in the former Buffalo Free Zone complex in Black Rock. It wants to renovate and increase its space to 45,030 square feet, by installing a new Chocolate Innovation Center to demonstrate its equipment. It has pledged to add six workers to its current workforce of 25.

The money will be used to finance the construction of a 7,000 square foot exhibition area, allowing the company to showcase its full line of products. Selmi manufactures tools for the entire range of chocolate producers, from hobbyists to professionals and commercial manufacturers.

It will also allow the company to begin offering training courses on equipment and processing.

The company has already borrowed heavily from KeyBank, with current debt of $ 4.67 million, but has maximized its ability to raise more bank financing. So she turned to the development company, officials said. ECIDA previously approved $ 65,625 in sales tax relief in February for Tomric’s owner, Acquest Development, to support Tomric’s project.

Tomric himself was part of Chocolate Delivery Systems, formerly Make N Mold, which was formed in 1962 and acquired by Thill in 1993. Until recently he managed Make N Mold, Tomric, Choco Maker and International Business Development, but Thill dissolved the fourth. , parted ways with Tomric and merged the others into one company at the end of last year.

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