The third time appears to be the charm for the old Greenwood Foods plant on Swift Street.
The first two manufacturers of specialty milk products that cater to ethnic Indian markets tried and failed to thrive at the facility in the past 10 years.
But the third owner, Deep Dairy Products, is now planning to modernize and expand, adding up to 39 new employees over the next five years.
The expansion is aided by the Empire State Development Corporation, which is providing up to $700,000 through the Excelsior Jobs Tax Credit Program in exchange for job creation commitments. The Waterloo Village Board and the Seneca County Industrial Development Agency also are providing financial assistance through grants and loans.