WAITSFIELD, Vt. (AP) — The Agri-Mark Inc. dairy cooperative plans to consolidate its Vermont operations and buy and renovate an industrial building in Waitsfield.
The co-op will pay $2.8 million to buy and renovate the 28,000-square-foot building formerly owned by Northern Power Systems. The Vermont Economic Development Authority is providing a $2 million loan.
The purchase will allow the co-op’s Cabot operations to consolidate leased space in Montpelier, Burlington and Cabot to Waitsfield, Agri-Mark spokesman Douglas DiMento told the Times Argus (http://bit.ly/ZNiaGk ).
Agri-Mark has 599 workers in Vermont and DiMento said between 80 and 100 workers would relocate to Waitsfield.
‘‘So we’re going to be working toward consolidating some of this office space in one location over the next couple of years,’’ he said.
The dairy farmer-owned cooperative has more than 1,200 member farms in New England and upstate New York.
Information from: The Times Argus, http://www.timesargus.com/