Win Soon Inc., which sells “Epoca” brand beverages, recently received village zoning approval to locate its second U.S. production facility in Oswego.
Win Soon is the only producer of Asian style cultured dairy beverage in the U.S. and is headquartered in South Gate, Calif. The company plans to invest $3 million in renovations and a 20,000-square-foot addition at 190 Kendall Point Drive currently occupied by Molor Products Co.
“The win for us are jobs and filling manufacturing space,” said Steve Jones, Oswego village administrator. “How often do you get an outstanding company not only to relocate but to literally expand?”
During the first year of operation, the company plans to employ 40 full-time employees and 180 full-time employees by the year 2020. Win Soon sells dairy beverages to Costco, Albertsons, Food 4 Less and ALDI. It was the first company to export Asian style cultured dairy beverage to Mexico in 2006.
The Upper Illinois River Valley Development Authority Board had passed an inducement resolution to assist Win Soon with up to $8 million in private activity tax-exempt bonds.
The building permit is targeted for March 2014 followed by renovation and construction of the addition, which is slated to be completed by the end of 2014 with a grand opening in January 2015.