Advanced manufacturing in Central Massachusetts will take another giant leap forward when the global metal industry manufacturer, Primetals Technologies USA LLC (“Primetals”), constructs its new 183,000 square foot corporate headquarters, research and development, and manufacturing facility in Sutton. The $28 million project will be built with assistance from a generous package of government tax incentives secured with assistance from Business Development Strategies, Inc. (BDS).
“The Town of Sutton is thrilled with Primetals’ plan to expand its headquarters and manufacturing operations to our community,” states Sutton Town Manager Jim Smith. “The Town boards and committees were united in wanting to offer incentives and attract such a longstanding Central Massachusetts company to our community.”
Founded in 2003 by leading government incentives consultant Lynn Tokarczyk, BDS has grown into the foremost tax incentives consulting firm in Massachusetts. Over the past 15 years, Tokarczyk and her team of subject matter specialists have guided more than 100 businesses towards saving over $100 million in state and local taxes, creating 10,000 new jobs, retaining 18,000 jobs, and investing more than $1 billion in the Bay State cities and towns.
Deep Local Roots
Primetals, a leading advanced manufacturer of steel industry equipment and machines, started in Central Massachusetts in the late 19th century as Morgan Construction Company. It was acquired by Siemens Industry in 2008, and seven years later, it was launched as a joint venture between Siemens and Mitsubishi Heavy Industries, Inc. Primetals serves companies around the world whose products range from coat hangers to the Golden Gate Bridge.
“Lynn Tokarczyk and the BDS team are seasoned tax incentive consultants and came highly recommended to us,” states Primetals Vice President & Global Head Michael Eldredge. “They were able to guide Primetals through the process and achieve outstanding results.”
Strong Community Support
“The local officials and residents of Sutton recognized the value of bringing Primetals to town and expedited the process to meet the Company’s timeline,” Tokarczyk says. “The Town moved quickly to set up a Special Town Meeting, and the voters came out and overwhelmingly voted to approve the tax incentive for Primetals. By constructing a new, state-of-the-art facility in Sutton, Primetals will continue its support for local educational and community programs and help draw a new generation of advanced manufacturing innovators to Central Massachusetts and the Blackstone Valley region.”