State Loan Assists Wade’s Dairy Expansion, “You Can Whip Our Cream, But You Can’t Beat Our Milk”

The State Bond Commission on Friday approved a $975,000 loan to assist Wade’s Dairy with expansion of its Barnum Avenue facility on the East Side. Doug Wade, president of the family-owned business, says the dairy is poised for a long-term future in the city.

“We’re very happy to call Bridgeport our home town for the past twenty three years,” Wade, known as Milkman on OIB, said in a statement. “Our. 2.5 million dollar expansion financed through the CT Department of Economic Development, CPACE and Newtown Savings Bank will ensure that we carry on our family business in Bridgeport for many years to come. Five generations of the Wade brigade will tell you that, ‘You can whip our cream, but you can’t beat our milk!'”

“Wade’s Dairy is a local family owned business with deep roots in our community,” said State Rep Chris Rosario, who represents the East Side in the State House, in a statement. “They provide many jobs to Bridgeport residents. These improvements will help them compete in the regional marketplace and continue to contribute to our employment numbers.”

The Bond Commission approved a $975,000 loan to Wade’s Dairy, Inc. to assist with renovation and construction of refrigerated facilities.

In a September story by the Connecticut Post, Wade said the state money includes a commitment to add jobs from the company’s baseline of 48 workers. “It’s already up to 53, and has three years to reach the 40 more jobs it agreed to add. If it reaches that level, $200,000 of the DECD loan can be forgiven,” according to the story.