EDIP incentives in 2017 support creation and retention of 8,918 jobs and $1.1 billion in private investment
Approved Projects:
Aquacultural Research Corporation (Dennis) – In 2016, ARC completed a $1.6 million hatchery facility, more than doubling its capacity. They now plan to construct two new nursery locations to support an increased shellfish seed output, representing a three-fold increase in nursery capacity. The company will create six new jobs and retain 17 while making a private investment of $330,000. The EACC Board has awarded $100,000 in state tax credits.
Merrow Manufacturing LLC (Fall River) - Merrow is a 180-year-old, third generation family-owned industrial sewing machine manufacturer in Fall River and is part of the Advanced Functional Fabrics of America institute in collaboration with the Army and MIT. Merrow has hired 75 employees from its former co-tenant and are attempting to purchase the building. The City of Fall River awarded the Company a $25,000 workforce training grant to train these new employees. The company also plans to create 200 more jobs, while retaining 95 positions and making a private investment of nearly $3 million. The EACC Board has awarded the project $750,000 in state tax credits.
Plenus Group Inc. (Lowell) - This family-owned manufacturer of soups and sauces plans to purchase and remodel its 16,000-square-foot leased property. They have committed to creating 30 jobs, retaining 50 existing jobs, and making a private investment of $8.5 million. The City of Lowell awarded the project a 10-year Tax Increment Financing (TIF) valued at $326,734 and the EACC Board awarded $300,000 in state tax credits.
Lifoam Industries, LLC (North Andover) - Lifoam Industries manufactures and sells expanded polystyrene (EPS) coolers. They plan to expand operations to a larger 250,000-square-foot site and will also purchase and install new machinery and equipment. Lifoam will create 83 new jobs, retain 24 jobs, and make a private investment of $7.8 million. The EACC Board has awarded the project $375,000 in state tax credits.
LTI Smart Glass, Inc. (Pittsfield) - LTI is a leading manufacturer, distributor and installer of laminated glass and polymer products used for a variety of specialty applications and industries. They are planning a 6,552-square-foot addition to their existing facility and will purchase state-of-the-art machinery. The company has committed to creating 38 new jobs, retaining 100 existing positions, and making a private investment of $2.3 million. The EACC Board has awarded the project $240,000 in state tax credits.
J&E Precision Tool, Inc. (Southampton) - J&E Precision Tool started in 1979 with a focus on general commercial precision machining services for the aerospace, defense, marine and microwave industries. They plan to construct a 7,200-square-foot building adjacent to their current facility to be used for increased storage and future growth and purchase additional machinery. The company will create 29 new jobs, retain 70 existing jobs with a private investment of $1.5 million. The EACC Board has awarded the project $101,500 in state tax credits.
Goodrich Corp. (Westford) - Goodrich Corp. is part of United Technologies Corp., the world's largest supplier of technologically-advanced aerospace and defense systems. They plan to invest $8.8 million for new machinery, equipment and building renovations. The company has committed to creating 180 new jobs. The EACC Board has awarded the project $540,000 in state tax credits.
Honeywell International Inc. (Westwood) - Honeywell is a multi-national Fortune 100 company, and their subsidiary, The Muck Boot Company, is currently located in Smithfield, RI. Muck Boot Company will be relocating to Westwood, Mass. resulting in 95 net new jobs for the Commonwealth and a private investment of $1.6 million. The EACC Board has awarded $285,000 in tax credits and the company.
Channel Fish Processing Co., Inc. (Braintree) - A family-owned and operated processor of North Atlantic fish plans to purchase a 60,000 square foot cold storage facility and renovate the structure for their processing needs. They will create 32 new jobs, retain 98 existing jobs and make a private investment of $15.3 million. The EACC Board awarded the project $240,000 in state tax credits.
J. Polep Distribution Services (Chicopee) - The company is a full service convenience store distributor operating in all of New England, NY, NJ and PA. They plan a 32,000 square foot expansion that will include a new cold service dock and a new freezer/cooler and will create 77 new jobs, retain 486 jobs and make a private investment of $9 million. The City of Chicopee awarded the project a five-year Tax Increment Financing (TIF) valued at approximately $73,103 and the EACC Board awarded $477,850 in state tax credits.
Valentine and Kebartas, LLC (Lawrence) Valentine and Kebartas provides third-party collection services to public and private sector clients. They plan to make a private investment of $385,250 to lease and fit-out additional space and will create 50 new jobs and retain 143 current employees. The EACC Board awarded the project $250,000 in state tax credits.
Litecontrol Corporation (Plympton) - For 80 years the company has produced commercial lighting in MA. They plan to expand in their current location by 25,000 square feet and convert it to manufacturing, as well as purchasing and installing new manufacturing equipment. The company will create 60 new jobs, retain 163 existing positions and making a $4.7 million private investment. The EACC Board has awarded $450,000 in state tax credits.
Publick House Service Corp. (Sturbridge) - The Publick House is a historic inn opened in 1771 with 100 guestrooms. They will build a 21,226 square foot hotel complex on the grounds with a new lobby and parking. The project will create 10 new jobs, retain 87 current positions and making a $6.3 million private investment. The Town of Sturbridge approved a 10 year TIF valued at $188,000 and the EACC Board approved $50,000 in state tax credits.
Evans Machine Company, Inc. (Brockton) - Evans Machine Company is a precision manufacturer of machined parts. They plan to add 10,000 square feet to their current facility to expand operations, and will create 14 new jobs while retaining 59 and investing $2,262,750. The EACC Board approved $105,000 in investment tax credits.
3Dekor LLC (Lawrence) - 3Dekor is an online retailer planning to invest $2,136,500 to transition into a manufacturer of shower curtains, curtain panels, tapestries, slipcovers, and rugs. The company currently imports all its products. This shift will create 35 new jobs and retain 1 job. The EACC Board approved $256,380 in investment tax credits.
Maxon Precision Motors, Inc. (Taunton) - Maxon Precision Motors is a wholesale distributor planning to expand into the assembly and modification of motors. As part of this process, the company is relocating to Taunton, investing $11,085,000, creating 70 new jobs, and retaining 42 jobs. The City of Taunton has approved a tax-increment financing agreement (TIF) valued at $1,148,638. The EACC Board approved $1,000,000 in investment tax credits.
Modern Mold and Tool, Inc. (Pittsfield) - Modern Mold and Tool specializes in design, engineering, complex mold manufacturing, and injection molding. The company is investing $3,000,000 to expand its operations in Pittsfield, creating 20 new jobs and retaining 50 existing jobs. The EACC Board approved $145,000 in investment tax credits.
Wayfair, LLC (Boston) - Wayfair is an online furniture and accessories company that is investing $105,178,207 to expand its offices and equipment, and hire new employees to staff a variety of departments, including software and systems engineering, online marketing and analytics, merchandising, customer service, and sales. This expansion will create 460 new jobs, while retaining 2,880 jobs. The EACC Board approved $1,150,000 in investment tax credits.
EFEKTA Group, Inc. / Education First (Cambridge) - EFEKTA, part of Education First, will invest $133,400,000 to develop a third building for educational and business uses, on its North Point campus in Cambridge. This expansion will allow EF to create 300 new jobs and retain 1,150 existing jobs. The EACC Board approved $6,000,000 in investment tax credits.
Sound Seal (Agawam) - Sound Seal manufactures sound control products, and plans to invest $950,000 to purchase new equipment and add 10,000 square feet to their building, expanding the company’s manufacturing capacity. This expansion will create 15 new jobs, and retain 63 existing jobs. The Town of Agawam has approved a TIF valued at $38,122. The EACC Board approved $75,000 in investment tax credits.
Twins Enterprise, Inc. / ’47 Brand LLC (East Bridgewater) - Twins Enterprise, a distributor of sports apparel, is planning to invest $21,200,000 to expand and open a new distribution center in East Bridgewater. This new facility will create 30 new jobs, while retaining 287 existing jobs at other Twins Enterprise facilities, in Brockton and Salisbury. The Town of East Bridgewater has approved a TIF and personal property tax exemption valued at $536,000. The EACC Board approved $150,000 in investment tax credits.
Shire City Herbals, Inc. / Shire City Apples LLC (Pittsfield) - Shire City Apples manufactures Fire Cider, an organic apple cider vinegar tonic. Shire City Apples plans to invest $1,272,005 to build a new commercial kitchen, and expand the company’s office space and warehouse. The expansion will create 10 new jobs and retain 14 existing jobs. The City of Pittsfield has approved a TIF valued at $42,788. The EACC Board approved $74,000 in investment tax credits.
F.H. Cann & Associates, Inc. (North Andover) - F.H. Cann & Associates provides call center, answering, debt collection, and loan resolution services for student loans. The company is investing $1,887,500 to expand from 17,000 square feet to 50,000 square feet, after winning new business with the U.S. Department of Education. This expansion will create 220 new jobs, and retain 139 existing jobs. The EACC Board approved $2,000,000 in investment tax credits.
Stone Path Malt, LLC (Wareham) - Formed in the spring of 2015, the company is an importer and manufacturer of specialty malt for the craft brewery industry. They plan to occupy a 30,000 sq. ft. facility in Wareham. The building will be renovated to accommodate malt manufacturing equipment, warehousing of malt products, offices, tap room and touring space. Stone Path Malt plans to add 10 new employees and make a private investment of $4.9 million. The town of Wareham has approved a 5 year Tax Increment Financing agreement valued at approximately $65,000. The EACC Board has approved EDIP investment tax credits in the amount of $75,000.
Local Incentives Only Projects:
American Superconductor Corp. (Ayer) – American Superconductor Corp. plans to relocate its headquarters, manufacturing and administrative operations from Devens to Ayer, Mass. They plan to retain 82 existing jobs and make a private investment of $2.5 million. Ayer has approved a 10-year Special Tax Assessment (STA) valued at $777,469.
Prep Hanover Real Estate, LLC (Hanover) - Prep Hanover plans to redevelop the Hanover Mall property to an open air shopping center. The company has committed to creating two new jobs, retaining existing positions, and making a private investment of $80 million. The Town of Hanover has approved a 16-year TIF valued at $8,564,610.
Oceans Fleet Fisheries, Inc. (New Bedford) - Oceans Fleet Fisheries Inc. is a seafood processor/distributor that has operated in New Bedford since 1998. The company has purchased the building at 38 Blackmer St. to expand its operation. The company will create 19 new jobs, retain six existing positions, and make a private investment of $1.7 million. New Bedford has approved a five-year STA valued at $72,618.
Quality Custom Packing, Inc. (New Bedford) – The seafood processing facility, specializing in custom packing of scallops and other seafood items was founded in 2000. Quality Custom Packing purchased a building in July 2017 to expand its scalloping operations and for preparation of underutilized fish such as monk fish and dogfish. They will create 40 new jobs, retain one job, and make a private investment of $1.4 million. New Bedford has approved the project with a five-year STA valued to be $92,975.
Sweetheart Realty, LLC (Shelburne Falls) - Sweetheart Realty was formed in 2015 for the purpose of building a mixed-use function hall and brewery. The company plans to make a private investment of $1,440,000 to renovate the building’s exterior and add a large parking area, stone walls and walkways. Shelburne has approved a five-year TIF valued at $38,437.
South Coast Development, LLC (Taunton) - South Coast Development has more than 20 years of experience in petroleum and convenience store site development, management, new construction and renovation. The company will make a private investment of almost $2.9 million to renovate and expand an existing gas station/convenience store in Taunton. The City of Taunton has approved a 20-year TIF valued at $204,910.
Insulet Corporation (Acton) - Insulet is a medical device manufacturer engaged in the development, manufacturing and sale of its proprietary, innovative, easy-to-use insulin infusion system. They plan to acquire and improve a facility in Acton to house their new manufacturing line, clean rooms and office space and will create 250 new jobs and retain 500 existing positions. The Town of Acton has approved a 20 year TIF valued at $2.8 million.
Fresenius Kabi Compounding, LLC (Canton) - Fresenius Kabi is a global health care company that specializes in lifesaving medicines and technologies for infusion, transfusion, and clinical nutrition and selected Canton, MA as the location for a new, state-of-the-art, pharmaceutical compounding facility for their first location in the Commonwealth. Fresenius Kabi will create 65 new jobs and make an $8.6 million private investment. The Town of Canton has approved a five-year Special Tax Agreement (STA) valued at $265,605.
Chicopee Hospitality, LLC (Chicopee) - Chicopee Hospitality will construct a 49,750 square foot TRU Hotel by Hilton which will have 108 rooms commercial or retail space. The new hotel will create 30 new jobs and retain an existing 3 jobs. They plan to make a $11.3 million private investment and the Town of Chicopee approved a five-year TIF valued to be $187,756.
GlassTech Boat Service, LLC (Gloucester) - GlassTech Boat Service provides owners of watercraft, large or small, high-quality custom repair and detailing services as well as full engine services for all major brands of marine engines, diesel repair and maintenance. The company plans to expand and erect a 60' x 120' storage facility onsite and create 3 new jobs and retain the 3 existing jobs. The private investment is expected to be $550,000 and the City of Gloucester has approved a seven-year TIF valued at $22,749.
CPI Radant Technologies Inc. (Hudson) – The Company is a leading supplier of advanced composite radomes, reflectors and antenna for military and commercial use. They plan to lease a new facility, make the alterations needed and purchase and install new equipment, creating 30 new jobs, retaining 70 jobs and making a private investment of $5.4 million. The Town of Hudson has approved a 20 year TIF valued at $671,650.
Morrison’s Home Improvement Specialists, Inc. (Lenox) - Morrison's Home Improvement is a family-owned and operated company established in 1992. They purchased and renovated an abandoned building and turned it into a renovation and remodeling center and will create five new employees and retain 15 while making a private investment of $666,000. The Town of Lenox approved a five-year TIF valued to be $19,734.
NBCUniversal Media LLC (Needham) - NBCUniversal Media is one of the world's leading media and entertainment companies. They are considering the establishment of a world class broadcast and digital media center in Needham. The project would relocate 375 employees at current facilities in Burlington and Newton to Needham. The Town of Needham approved a 10 year TIF valued to be over $2 million.
Cox Engineering Company (Randolph) - Founded in 1914 Cox Engineering is a third-generation, family-owned manufacturer of large air handling units, HVAC piping and sheet metal ductwork and will be purchasing and renovating an estimated 70,380 square foot vacant building in Randolph for use as a corporate headquarters and for manufacturing operations. The expansion will create 20 new jobs, retain 140 jobs and make a private investment of $9 million. The Town of Randolph has approved a six-year STA valued at $463,000.
Arland Tool and Manufacturing, Inc. (Sturbridge) – Arland Tool and Manufacturing is a 65 year old contract manufacturer and engineering company, which has expanded into commercial real estate leasing. They plan to build a 43,000 square foot office building to attract new professional and medical services businesses to town. The company will be making a $4 million investment and the Town of Sturbridge has approved a five-year TIF estimated to be worth $67,000.
Agri-Mark, Inc. (West Springfield) – Agri-Mark is a premier dairy co-operative in the Northeast in business since 1916 and marketing $3.2 billion gallons of fresh milk each year for 1,075 dairy families in New England and New York. Agri-Mark farmers own the award-winning Cabot brand of cheddar products. The company plans to develop a 15,600 square foot expansion to an existing plant. They will hire 16 new employees and retain 115 current positions while investing over $17 million. The Town of West Springfield approved a five-year TIF estimated to be worth over $240,000.
Armory Business Center, LLC (Worcester) – Amory Business Center plans to construct a new 20,500 square foot. building consisting of 10 suites of between 1,880 and 2,300 square feet for high tech industrial, manufacturing and R&D companies. The City of Worcester has approved a 20 year TIF valued at over $770,000.
Emerald Corporate Center, LLC (Chelsea) - Emerald Corporate Center invested $114,000,000 to purchase land from the City of Chelsea and develop a LEED Silver-certified, 275,000 square-foot office building, now home to the regional office of the FBI. The City of Chelsea has approved a TIF valued at $15,671,538.
Naumkaeg, LLC (Salem) - Naumkaeg, LLC is making a capital investment $862,000 to improve a commercial building for an incoming occupant, A&J Artisan Bakers, who will expand with more production space. The City of Salem has approved a TIF valued at $84,122.
Algonquin Acquisition Company, LLC (Taunton) - Algonquin Acquisition Company, the parent company of Boston Globe Media Partners, is consolidating its printing operations in Taunton. The City of Taunton has approved a TIF valued at $1,307,357 million.
Sunbridge, LLC / 101 Development Group, LLC / Dracut Holdings, LLC / Genesis Healthcare, LLC (Dracut) - An affiliate of Genesis Healthcare, which provides short-term post-acute, rehabilitation, skilled nursing and long-term care services. They plan to construct a 78,000 sq. ft., 120 bed skilled nursing facility. Development of the project site and construction of the facility will require significant onsite improvements, including substantial site clearing and grading, installation of site utilities, construction of driveways, curbs, and other infrastructure. The company plans to hire 165 new employees and make a private investment of $26.5 million. The town of Dracut approved a 10 year Tax Increment Financing agreement for the company valued at approximately $780,000.
Circle Health, Inc. and its subsidiaries, LGH Medical Building Services, Inc. and The Lowell General Hospital (Dracut) – Founded in 1891, The Lowell General Hospital is a not-for-profit community hospital serving the Greater Lowell area and surrounding communities. Circle Health, Inc. through its subsidiaries is proposing to construct a new three-story medical office building containing 27,520 sq. ft. of space. The building will contain an urgent care center, a Lowell General Hospital patient service center, a primary care practice, an OBGYN practice as well as a diabetes and endocrinology practice. The company plans to hire 16 new employees, retain 40 employees, and make a private investment of $10.4 million. The town of Dracut has approved a 10 year Tax Financing Agreement with a value of approximately $342,000.
Giving Tree Senior Living, LLC / Dracut Place Realty Co. LLC (Dracut) - This is a newly formed LLC, for the purpose of assisting patients who need assistance with independence into their senior years. This is a proposal to repurpose an existing 32,000 sq. ft. building that has been in the control of the current owners since 1993. The state-of-the art building will house a senior assisted living facility. The facility has plans to employ 45 full time professional health care related employees and make a private investment of $17 million. The town of Dracut approved a 10 year TIF valued at approximately $647,000.
Tre Torri, LLC / Equipment East, LLC / Albanese D&S, Inc. (Dracut) - Equipment East is a full-service, heavy equipment dealer located in Dracut. They offer a wide range of construction equipment for sale, as well as heavy equipment rental. They recently completed construction of a 43,000 sq. ft. state-of-the-art building. This project will result in the creation of 5 new positions, retention of the 25 existing jobs, and a private investment of $3 million. The town of Dracut approved a 10 year TIF of approximately $111,000.
H1 Lincoln, Inc. dba Majestic Honda / Balise Auto Group / BAR Attleborough LLC (North Attleborough) - Headquartered in Springfield, the Balise Auto Group is a 4th generation family-run business that currently operates 13 new car dealerships in MA, 10 in RI and 1 in CT. Majestic Honda of Lincoln, RI is a Honda dealership and was acquired by the Balise Auto Group in 2015. Balise plans to relocate the dealership to North Attleborough and expand the site by 2.9 acres into a "superstore.” For this project, the company will relocate 90 employees and make a private investment of $10.2 million. The city of North Attleborough awarded a 9 year Tax Increment Financing agreement valued at approximately $182,000.
Home Market Foods, Inc. / Dowe Realty II, LLC (Norton) - Founded in 1957, Home Market Foods is a leading U.S. manufacturer of specialty food products. The family-owned business operates a state-of-the-art manufacturing, and R&D facility in Norwood. The proposed project consists of purchasing an estimated 443,825 sq. ft., under-utilized building with capacity to accommodate the company’s product distribution and future growth plans. This project will result in the creation of 20 new jobs and a private investment of $25 million. The town of Norton approved a 10 year TIF valued at approximately $477,000.
Masslen, LLC / Lenmarine, Inc. dba Bristol Marine (Somerset) - Bristol Marine delivers comprehensive boating services, such as, year-round repairs, upgrades, amenities and storage. Bristol Marine has two locations: Bristol, RI and Somerset, MA. Their expansion plans include a 19,500 sq. ft., 35’ high addition to the main building to accommodate large yachts in need of marine services. This project will result in the creation of 8 new positions, retention of the 18 existing jobs, and a private investment of $2.5 million. The town of Somerset approved a 5 year Tax Increment Financing agreement of approximately $116,000 million valuation.
Astellas Institute for Regenerative Medicine (Westborough) - Astellas Institute for Regenerative Medicine (AIRM) was established in May 2016 following Astellas’ acquisition of Ocata Therapeutics. Headquartered in Marlborough and supported by a research team in Tsukuba, Japan, AIRM is an indirect, wholly owned subsidiary of Astellas and serves as the Company’s global hub for regenerative medicine and cell therapy research in ophthalmology and other therapeutic areas. If Astellas expands operations into Westborough, the company expects to renovate approximately 250,000 sq. ft. and construct a vivarium that is 10,000 sq. ft. The project would retain 100 jobs and create 90 new full-time jobs. They plan to invest approximately $80,000,000. The town of Westborough has approved a 15 year Tax Financing Agreement and a 5 year personal property tax agreement, with a combined value of approximately $198,000.