Certified Projects
Island Creek Oysters (New Bedford) – Founded in the early 1990s, Island Creek Oysters is a cutting-edge aquaculture leader with a vertically integrated business platform consisting of: a headquarters, shellfish hatchery, world-class R&D center, shellfish farms, wholesale distribution, with e-commerce retail and hospitality businesses. They plan to establish a world class, disruptive aquaculture ICO CONSERVAS cannery and associated infrastructure in New Bedford to bolster and create resiliency within the aquaculture industry through innovative “tinned,” shelf stable, conservas products. The project entails the creation of 12 new full-time jobs, the retention of one existing job, and a private investment of $1.68 million. The city of New Bedford plans to approve a five-year STA valued at approximately $75,280. The EACC Board has approved EDIP investment tax credits in the amount of $120,000.
SolaBlock, Inc. (Pittsfield) – SolaBlock is a developer and manufacturer of a product called a Solar Masonry Unit (SMU). A SMU combines a photovoltaic cell (PV) that is embedded into a masonry block that creates a sealed unit that is protected from the elements. The SMUs are then used on exteriors of building sidewalls and create renewable solar energy for the building. They plan to lease a building in Pittsfield for final assembly. The company plans to create 17 new full-time jobs, retain four full-time employees and make a private investment of approximately $625,000. The city of Pittsfield plans to approve a five-year TIF valued at approximately $35,910. The EACC Board has approved EDIP investment tax credits in the amount of $170,000.
FastCAP Systems Corporation (Wakefield) – FastCAP Systems Corp. dba Nanoramic Laboratories was founded in 2008 as a spin-out MIT project. They have deep proprietary knowledge in the energy storage space. Most recently they have developed an electrode process that increases power and density while reducing cost compared to a lithium-ion battery design. The company has proven its battery technology with various markets and now needs to demonstrate manufacturing at scale. This project involves a relocation to Wakefield to a space that is 1.5 times larger to allow for continued R&D alongside a pilot plant scale-up. The project entails the creation of 40 new full-time jobs, retention of 53 existing jobs, and a private investment of $21.85 million. The town of Wakefield plans to approve a five-year TIF valued at approximately $38,626. The EACC Board has approved EDIP investment tax credits in the amount of $106,700.
Peak Performance Compounding, LLC (Devens) – Founded in 2019, Peak Performance Compounding provides comprehensive services in custom compounding, toll compounding and medical compound manufacturing. Peak intends to purchase 4.8 acres of land in Devens to build up to a 90,000 sq. ft. state-of-the-art facility in three phases, the first phase at 25,000 sq. ft., with the second and third to be built within the first 5 years at Devens. The total 4.8 acres consists of two separate parcels. The first phase entails the creation of 40 new full-time jobs, the retention of 12 existing job, and a private investment of $8.86 million. Devens plans to approve a 5-year TIF valued at approximately $97,284. The EACC Board has approved EDIP investment tax credits in the amount of $130,000.
Rapid Coatings, Inc. (Haverhill) – Rapid Coatings began operations 2014 providing conformal coating services for electronic circuit boards, including underfill, encapsulation, potting and staking. Their customer base includes a combination of Electronic Manufacturing Service Providers and OEMs. They are capacity constrained at their current facility in Haverhill and will relocate and purchase another building in Haverhill that will triple their sq. footage and provide ample parking. Rapid Coatings plans to create 15 new full-time jobs, retain 11 full-time employees and make a private investment of approximately $2.4 million. The City of Haverhill plans to reclassify the property from office/professional to light industrial, resulting in the forgoing of property tax in the amount of approximately $15,000 to benefit the company. The EACC Board has approved EDIP investment tax credits in the amount of $75,000.
Girouard Tool Corp. (Leominster) – Girouard Tool Corp. is a full-service customer injection molding company founded in 1966 and purchased by current ownership in 2002. The company provides turn-key services to the medical, technical and packaging industries. Currently at capacity, they plan to expand to a new 14,000 sq. ft. facility in Leominster that doubles their size and will allow them to take on new business. They will also be adding new machinery & equipment. This expansion will create 5 new full-time jobs, retain 10 full-time employees and result in an investment of approximately $3 million. The city of Leominster plans to approve a 5-year TIF valued at approximately $32,380. The EACC Board has approved EDIP investment tax credits in the amount of $25,000.
Soliyarn, LLC (Lynn) – Soliyarn has a proprietary textile coating system that produces conductive and water-repellant coatings used to create smart textiles and DWR (durable water repellant) fabric. The technology was originally developed out of a research lab at UMass Amherst. The company was formed in 2018 to commercialize the technology further. The project entails a 21,000 sq. ft. renovation of a building in Lynn for manufacturing and R&D. Soliyarn will create 105 new full-time jobs, retain 7 existing jobs, and make a private investment of $7.75 million. The city of Lynn plans to approve a 5-year TIF valued at approximately $200,529. The EACC Board has approved EDIP investment tax credits in the amount of $1,225,000.
Factorial, Inc. (Methuen) – Founded in 2019 and headquartered in Woburn, Factorial Inc. is a leading developer and manufacturer of solid-state battery technology most notably for the manufacturing and operation of electric vehicles. Factorial is proposing to expand their R&D, manufacturing and HQ and considered sites in NH and MA. They are considering leasing and renovating a 78,000 sq. ft. building in Methuen that would include space for office, operations, R&D, dry rooms, battery testing facilities and manufacturing. The project would entail the creation of 136 new full-time jobs, retention of 30 existing jobs, and a private investment of $45.472 million. The city of Methuen plans to approve a 15-year TIF valued at approximately $2 million. The EACC Board has approved EDIP investment tax credits in the amount of $680,000.
Nupro LLC (Deerfield) – Founded in 2015, Nupro develops high-quality product for optically clear thermoplastic polyurethane surface-protection films within the global automotive, wind energy, and electronics markets. Nupro has outgrown its current facility and has been searching for a property upon which to construct a new 100,000-square-foot state-of-the-art facility and equip it with $8-10 million of new processing equipment and components. The company will create 58 jobs, retain 46 jobs, and make a more-than $25 million private investment. The Town of Deerfield has approved a 10-year TIF valued at approximately $332,223 and the EACC Board has approved EDIP investment tax credits in the amount of $580,000.
Blount Fine Foods Corporation (Fall River) – Blount Fine Foods Corporation is a family-owned and -operated manufacturer, marketer, and developer of freshly prepared foods. Its products include restaurant-quality, single-serve grab-n-go fresh soups and entrees at retail, as well as entrees, side-dishes, and a full line of macaroni and cheese for restaurants. Blount Fine Foods proposes to construct a 39,500-square-foot addition to its facility along Graham Road that will facilitate the installation of a fifth spiral chiller with all the ancillary packing equipment; this investment will increase capacity and allow the company to produce an additional 96,000 pounds of products. The project represents a $64 million private investment that will create 70 jobs and retain 1,040 jobs. The City of Fall River approved a TIF valued at approximately $1.1 million over 12 years and the EACC Board has approved EDIP investment tax credits in the amount of $1,050,000.
Plansee USA LLC (Franklin) – In business for close to 85 years, Plansee USA LLC is a recognized leader in CNC machining and fabrication of molybdenum and tungsten products for various industries, such as medical technologies, lighting, thermal processing, and aerospace and defense. The company needs to create a modern office space and plans to expand its current workspace by 7,500 square feet. It will create 25 jobs while retaining 125 jobs as part of a nearly $25 million private investment. The Town of Franklin has approved a 10year TIF valued at approximately $208,000 and the EACC Board has approved EDIP investment tax credits in the amount of $125,000.
Interprint, Inc. (Pittsfield) – Interprint, Inc. was founded in Pittsfield in 1985 and today is one of the world´s leading décor printers that decorate the surfaces of numerous materials, including timber products, living room, kitchen and bathroom furniture, laminate flooring, and interior furnishing in trains, ships, and RVs. Interprint is considering expanding new luxury vinyl tile production; phase one of its expansion involves the construction of a new 54,000-square-foot plant and the purchase and installation of three new machines. The company plans to create 20 new jobs and retain 165 jobs while making a private investment of $27.5 million. In recognition of this expansion, the City of Pittsfield has approved a 10-year TIF valued at approximately $460,000 and the EACC Board has approved EDIP investment tax credits in the amount of $300,000.
Munters Corporation (Amesbury) – Munters Corp. was founded in 1955 and created the original desiccant dehumidification system. They provide solutions for customers in industries where controlling temperature and humidity is essential in their production. Currently they have a backlog in orders from customer demand. The future site (also in Amesbury) will be 400,000 sq. ft. of which 50,000 sq. ft. will be office space and their North American HQ. They plan to create 70 new jobs, retain 292 jobs and invest $38 million. The City of Amesbury will vote to approve a 15 year TIF valued at $5.2 million and they state awarded $700,000 in tax credits.
88 Acres Foods, Inc. (Canton) – 88 Acres Foods, Inc. built a dedicated bakery in Dorchester in 2015 and launched the snack bar business free of the top nine most common food allergens. Today they have national partnerships with Whole Foods, Walmart, JetBlue, Delta and others. Demand for their products has outstripped manufacturing capacity and they have identified a 30,000 sq. ft. facility in Canton where they can move warehouse, production and corporate teams under one roof. The space will need $3.2 million in fit-out and equipment of close to $1 million. The company will create 200 new jobs while retaining 83 jobs. The Town of Canton has waived building permit fees of $18,000 and the Commonwealth has awarded them $2 million in tax credits.
Feedback Earth, Inc. (Grafton) – Feedback Earth was founded by a team from MIT to provide a scale solution for food waste upcycling. They built an original manufacturing plant that could take-in 375 tons/day of food waste. The facility uniquely de-packages and pasteurizes the waste to guarantee animal feed safety and they have successfully increased plant capacity to process 2,500 tons per month. This project involves constructing a 6,000 sq. ft. building adjacent to the existing facility that would enable for higher volumes of inbound food waste (7,500 tons/month) with additional truck docks and storage space. The project will create 45 new jobs and retain 15 employees with a private investment of $2.5 million. The Town of Grafton will vote on a 5 year TIF estimated to be valued at over $28,000 and the Commonwealth has approved $450,000 in state tax credits.
Alteros Energies, Inc. (Hopkinton) – Altaeros, spun out of MIT in 2010, is on a mission to make the world's first autonomous aerostat, a lighter-than-air aircraft that gains its lift through the use of a buoyant gas. They released their first autonomous aerostat in 2019 and have over 35 patents to protect their unique technology. They plan to relocate R&D, manufacturing and corporate headquarters from Somerville to Hopkinton. They will retrofit the 105,000 sq. ft. facility to and fit-out the industrial space for medium to heavy manufacturing; this includes internal structures, electrical, plumbing, HVAC, venting, purchase and installation of equipment. The project will create 161 new jobs, retain 28 jobs and be a private investment of almost $24 million. The Town of Hopkinton will vote on a 14-year TIF and 7-year personal property exemption valued to be $3.1 million combined. The Commonwealth has approved tax credits of $1.6 million.
New England Wire Products, Inc. (Leominster) – New England Wire Products is a manufacturer of custom retail displays, founded in 1980 in Leominster. Among their client base are some of America's largest retailers: i.e., Home Depot, Walmart, Dollar General, Dollar Tree and Target. They are considering purchasing the building behind them, also in Leominster, to increase capacity. The new building needs extensive work to make the building useable for manufacturing and to maximize efficiencies. Among the changes will be a 15,000 sq. ft. building expansion that connects to their existing facility. They also plan to upgrade loading docks and invest in new equipment. This project will lead to the creation of 200 new jobs, the retention of 255 jobs and an over $22 million private investment. The City of Leominster will vote to approve a 5-year TIF valued to be almost $100,000.
PI LP (Physik Instrumente)(Marlborough) – PI (Physik Instrumente) is a global leader in precision automation, motion control, nano-positioning, piezo motor and piezo transducer technologies. They have been in operation for over 50 years, in Germany and established a US HQ in MA that has R&D, manufacturing and technical support for customers. They are considering purchasing a building in Marlborough and redeveloping it into their US HQ and manufacturing facilities, as their current facilities in Auburn and Hopkinton are capacity constrained. This project will create 40 new jobs, retain 55 jobs and be a $13 million private investment. The City of Marlborough has offered a 10-year TIF valued to be over $200,000 and the Commonwealth awarded the company $400,000 in state tax credits.
Local Incentive Only Projects:
Agilent Technologies, Inc. (Chicopee) – Agilent Technologies, Inc. was established in 1999 as a spin-off from Hewlett-Packard. Today they are a global leader in life sciences, diagnostics and applied chemical markets. They are seeking to expand their manufacturing footprint in the U.S. with the “high-value plastics” microplates that are used in cellular analysis instruments. Currently most of these are manufactured in China or through several sites in a sub-assembly process. Agilent plans on converting a manufacturing site into a digital and automated state-of-the-art production factory. Agilent plans to create 40 new full-time jobs, retain 86 full-time employees and make a private investment of approximately $33.25 million. The city of Chicopee approved a 15-year TIF valued at approximately $2.6 million.
330 Jackson Street, LLC (Lowell) – The Justice Center Parking Garage is a to-be-built eight-story, 541-space parking garage in downtown Lowell. It will be located directly adjacent to the Lowell Justice Center; a newly built facility that provides space for the Superior, District, Probate & Family, Juvenile, and Housing Courts of Middlesex County. The Justice Center Parking Garage will be a part of the Hamilton Canal Innovation District (HCID), an ongoing two million square foot development in Downtown Lowell. The project will result in the creation of six new jobs and an investment of $18.9 million. The city of Lowell has approved a 10-year Tax Financing Agreement with a value of approximately $883,925.
Milton Rents, Inc. (Randolph) – The Milton Organization is a collection of business and real-estate entities, the most significant of which is Southworth-Milton, Inc., dba Milton CAT. Milton CAT is a private, family-run business that is approximately 50 years old and one of the largest dealers of Caterpillar equipment in the country. A separate company in their portfolio, Milton Rents, is a place for equipment rentals and used machinery sales in Massachusetts, New Hampshire, Vermont, Rhode Island, and Maine. They plan to open a new location in Randolph. The project entails the creation of 11 new full-time jobs, retention of four existing jobs, and a private investment of $6.8 million. The town of Randolph approved a six-year TIF with a value of approximately $312,409.
MIG-Acton, LLC (Sutton) – MIG-Acton was established in 2008 to purchase and develop commercial real estate. The proposed project is the construction of an approximately 42,000-square-foot mixed-use building, to be constructed on a parcel of land in an industrial zone, that presents certain challenges. The building will be partitioned into five bays, each consisting of more than 8,000 square feet to be used for light manufacturing, warehousing, maintenance, etc., and some office space. One of the five bays will be occupied by an affiliated company of the developer. This project will create three new jobs, retain three existing jobs, and consist of an investment of $5.1 million. The town of Sutton approved a five-year Tax Financing Agreement with a value of approximately $60,329.
TEI Bioscience, Inc. (Braintree) – TEI Biosciences Inc. is a leading biomedical company that applies its expertise in regenerative medicine to develop and commercialize novel biologic devices, including SurgiMend®, for a broad spectrum of soft tissue repair and regeneration applications. Due to an increased market demand for its products they decided to begin a site selection process to locate a new suitable building to meet its needs to expand production. TEI’s main criteria for a new location included a building that could be fit out to meet FDA regulations for pharmaceutical manufacturing and be located within a reasonable distance of its current manufacturing facility to reduce the impact on its current employees. For this project TEI plans to create 25 new full-time jobs, retain 78 full-time employees and make a private investment of approximately $51 million. The town of Braintree approved a 15-year TIF valued at approximately $1.2 million.
Lykan Bioscience Holdings, LLC (Hopkinton) – Founded in 2019 and headquartered in Hopkinton, Lykan is a contract development and manufacturing organization producing a wide range of cell-based therapies and immunotherapy treatments for cancer and other illnesses. Lykan currently leases and occupies an estimated 64,000 sq. ft. facility located at 97 South Street in Hopkinton that serves as its corporate headquarters and manufacturing facility. Due to anticipated growth, Lykan needs to expand its real estate footprint and they are evaluating a property also located on South Street. The proposed project would consist of demolishing the two existing buildings at the property and constructing an estimated 112,141 sq. ft. manufacturing facility with a 54,000 sq. ft. parking area below. Lykan also plans to retain its existing facility in Hopkinton. The project entails the creation of 125 new full-time jobs and a private investment of $90 million. The town of Hopkinton approved a 14-year TIF with a value of approximately $4.5 million.
CONTINUUS Pharmaceuticals, Inc. (Devens) – CONTINUUS Pharmaceuticals, Inc. is a spin-out company from a multiyear collaboration between MIT and Novartis. The company specializes in end-to-end Integrated Continuous Manufacturing (ICM) that enables the rapid production of pharmaceuticals at significantly reduced costs and better quality assurance. It plans to construct a continuous process advanced manufacturing plant in Devens that will enable contract manufacturing for domestic life science companies. CONTINUUS Pharmaceuticals plans to create 200 jobs and retain 25 jobs while making a private investment of almost $158.3 million. In recognition of this job creation and investment, Devens has approved a 10-year TIF valued at approximately $2.3 million.
Art at the Nawn Factory (Boston) – The project will revitalize a blighted building in a low-income minority neighborhood and re-purpose an abandoned building into an arts and cultural rehearsal space. The City of Boston released an RFP for development (the municipal land valued at $682,100 was acquired for $200) and the project is expected to start construction in fall 2023, completing construction in winter of 2025. Certified Project designation is required for the company to utilize the 10% Abandoned Building Renovation Deduction from the Commonwealth.
330 Jackson Street LLC (Lowell) – The Justice Center Parking Garage is a to-be-built 8-story, 541- space parking garage in downtown Lowell. It will be located directly adjacent to the Lowell Justice Center; a newly built facility that provides space for the Superior, District, Probate & Family, Juvenile, and Housing Courts of Middlesex County. The Justice Center Parking Garage will be a part of the Hamilton Canal Innovation District (HCID), an ongoing 2 million sq. ft. development in Downtown Lowell. The City of Lowell has approved a 10 Year TIF valued at $800,000.
EyePoint Pharmaceuticals US, Inc. (Northbridge) – Founded in 1987 EyePoint Pharmaceuticals is a life sciences company headquartered in Watertown that develops and commercializes therapeutics to improve serious eye disorders. They are seeking a location to establish a new, design-build 40,000 sq. ft. manufacturing facility to supplement its existing production, assembly and packaging operations. The project will create 45 new jobs and represents a private investment of over $30 million. The Town of Northbridge has approved a 15 year TIF valued at $1.8 million.
Whalley Computer Associates, Inc. (Southwick) – Established in 1979 and incorporated in 1986, Whalley Computer Associates (WCA) remains a family-owned business in IT hardware, services, and support headquartered in Southwick, with additional facilities in Milford and Westfield. The company has seen strong growth and is considering building a new 70,000 sq. ft. to 80,000 sq. ft. facility for assembly, configuration and warehousing. The project will create 15 new jobs and represents a private investment of $10.6 million. The Town of Southwick has offered a 10-year TIF estimate to be valued at $840,000.
UGPG RE Sutton, LLC (Sutton) – UGPG RE Sutton LLC is the special purpose entity of UN1F1ED2 Global Packaging Group LLC. Established in Sutton more than 25-years ago as Atlas Box, UGPG is a joint venture between Atlas Box and Rand Whitney, a subsidiary of The Kraft Group LLC. The project entails developing approximately 266 acres of land on a 450-acre parcel. In total, 2.3 million sq. ft. of new light manufacturing and warehousing with distribution will be constructed. The proposed buildings and personal property associated with the project will be solely located in the Town of Sutton. In addition to the buildings, the project will entail construction of a one-mile roadway through the site to provide access and address traffic impacts. The project entails a $475 million investment and the retention of 100 jobs. The town of Sutton plans to approve a 15-year TIF valued at approximately $39 million.
| Last updated: | April 6, 2022 |
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