ROTTERDAM — Price Chopper is making an aggressive push into central and northern New York, bidding $54 million to acquire 22 stores owned by a grocery chain that has filed for bankruptcy protection.
Price Chopper, which already operates in much of the territory, is seeking to buy P&C stores, owned by the financially troubled Penn Traffic Co., which is headquartered in Syracuse.
The acquisition won’t happen without approval from a bankruptcy judge.
The Price Chopper expansion could mean added jobs and revenue in the Capital Region. The Golub Corp., which owns the grocery chain, is based in Rotterdam but plans to move its headquarters to a recently completed building in Schenectady.
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