State approves tax incentives for expansions in Western MA
The Massachusetts Economic Assistance Coordinating Council has approved tax incentives for the following expansions:
J. Polep Distribution Services will receive $447,850 in state tax credits for a 37,500 SF expansion of 705 Meadow Street, Chicopee. The $9 million investment is expected to bring up to 77 new jobs to the area.
Agri-Mark will receive a five-year tax break for its $17 million expansion of 958 Riverdale Street, West Springfield. The expansion is expected to create up to 16 new jobs.
See attached MassLive article for more information.