Cox Engineering Company Expands Manufacturing in Randolph, Massachusetts
07/12/2017
The company invested $9.5 million in this project, which is expected to create 20 full-time jobs.
“We are excited to expand the manufacturing capabilities in Randolph by renovating a 73,000-square-foot facility and doubling our manufacturing footprint,” said Jon Desmond, Cox Engineering President & CEO. “Coupled with a significant investment in new machinery, we are confident in the growth of the organization in Massachusetts.”
As an incentive, MassDevelopment issued a $6.3 million tax-exempt bond for Cox Engineering to use bond proceeds to buy and renovate a 73,000-square-foot building. The company will also use proceeds to buy and install new manufacturing equipment, CNC machines, coil line for making ductwork, and line cutters. Rockland Trust Company’s Taunton Avenue Securities Corporation purchased the bond.
“When Massachusetts manufacturers thrive, the entire Commonwealth benefits,” said MassDevelopment Executive Vice President of Finance Programs Laura Canter. “From building and installing a cooling unit for the New England Aquarium’s African penguins, to retrofitting Meditech’s chiller plant, Cox Engineering provides high-quality goods and services, and we are pleased to support the company’s expansion with this bond.”
Project Announcements
Shinsung ST USA Plans Simpson County, Kentucky, Manufacturing Operations
04/01/2025
ExxonMobil Upgrades Baton Rouge, Louisiana, Production Operations
04/01/2025
TYC Americas Plans Wixom, Michigan, Manufacturing Operations
03/31/2025
OVD Insurance Expands Grand Rapids, Michigan, Operations
03/31/2025
First Ascent Biomedical Plans Erie, Pennsylvania, Research Operations
03/31/2025
Vicksburg Shipyard Plans Vicksburg, Mississippi, Vessel Repair Operations
03/31/2025
Most Read
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025
-
Forging Solid Foundations
Q1 2025
-
Why Decarbonization Goals Start with Site Selection
Q4 2024
-
Beyond Square Footage: Mission-Driven Differentiation Helps Buildings Stand Out in Battle for HQs
Q4 2024