Johnston
Johnston, RI · Business
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Green tech firm eyes Brockton for new factory
BROCKTON — The city is close to a big economic win. An innovative but well-established green tech company plans to open a factory that would bring Brockton 100 jobs. Durra Panel USA LLC uses the leftovers from wheat and rice production to make construction panels. The company touts them as a durable, eco-friendly choice that can save builders up to 32% off materials and labor costs. "It essentially replaces drywall," said Maria Giatrelis, chief revenue officer for Durra Panel USA. She and other executives from the company visited their potential Brockton home, 132 Campanelli Industrial Drive , on Monday, Oct. 26. They'd be an anchor tenant at the 300,000+ square-foot warehouse. Durra Panel would hire about 100 people Derek Layfield , founder of the Australian company that originally made Durra Panel and an advisor to the U.S. operation, said the factory would employ about 100 people when it opens. He said another 1,000 jobs might be created as support companies sprout nearby. One example: powder-coating for steel components. Brockton's labor force was a draw. "People in Brockton know how to do this," Layfield said of the various manufacturing jobs they'll need to fill. The city's location right off Route 24
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Stone-E-Lea Listed for Sale
Stone-E-Lea Golf Course in Attleboro has been listed for sale. The address of the course, 1411 County Street, is listed for sale by 128 CRE, a commercial real estate agency based in Newton. 128 CRE writes on the listing:. “128 CRE is pleased to present a large-scale redevelopment opportunity at...
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IREM president’s message: The housing shortage is more than a numbers problem
New England’s housing shortage has become a familiar headline, typically with the issue being addressed in terms of supply, affordability, and public policy. But for property managers, the crisis is personal and increasingly operational. Every day, property management professionals confront the domino effects of a limited housing market: increased...
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Fresh Kicks: Anchoring Revitalization in Massachusetts’ Former ‘Shoe City’
On October 15, a coalition of regional housing agencies, architects and nonprofit developers came together to celebrate the opening of Campello Crossing, a 94-unit affordable housing development that brings together environmentally conscious design, rich transit access and locally focused economic development. Together, the partners have hope that the mixed-use project will usher in an era of revitalization for South Brockton, Mass. a neighborhood and former industrial hub just 30 minutes south of Boston.
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Rockland Trust names Pimental and Rogers-Curto senior vice presidents, retail market managers
Hanover, MA Rockland Trust has promoted Patrice Pimental and Leah Rogers-Curto to senior vice president, retail market managers. In these expanded leadership roles, Pimental will oversee retail banking operations across the South Shore, Cape Cod, Nantucket, and Greater Boston, while Rogers-Curto will lead branches throughout the North Shore, Merrimack Valley, and Southern New Hampshire.
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Colliers facilitates 37,262 s/f lease at 79-85 Astor Ave. in Norwood to Nano-C
Norwood, MA Colliers has facilitated a new 37,262 s/f lease at 79-85 Astor Ave., a manufacturing/flex building. Colliers represented both the landlord, Kadima Industrial Partners and DRA Advisors, and the tenant, Nano-C, in the transaction. Colliers executive vice president Ovar Osvold and vice president Sean Hannigan represented the landlord, while executive vice presidents Kevin Brawley and Steve Woelfel and vice president John Real represented Nano-C.