’47 Secures Tax Incentives with Assistance from Business Development Strategies
Top row, left-right: David, Mark and Bobby D’Angelo.
Bottom row: Arthur D’Angelo and Lynn Tokarczyk
Hello Sports Fans!
When ’47, one of the country’s top brands for sports apparel and accessories, needed to expand its real estate portfolio in response to increased customer demand, it turned to Business Development Strategies, Inc. (BDS) for assistance with securing a tax incentive package in East Bridgewater, Massachusetts.
To keep up with growing demand for its high-quality merchandise, the family-owned and -operated manufacturer and distributor of hats, shirts and other sports memorabilia made plans to purchase a 463,000 square foot distribution facility in addition to its other locations in Brockton, Salisbury and Westwood, Massachusetts. The BDS team guided ’47 through a complex process that required approvals from local officials, Town Meeting and the state, and pushed the project over the finish line by securing a significant package of government tax incentives under the Economic Development Incentive Program (EDIP).
“Lynn Tokarczyk and the BDS team are seasoned consultants. They were able to guide ’47 through the incentives process and achieve substantial results,” says Joe Keane, Chief Operating Officer at ’47.