News Articles

Medline Plans To Expand In Mansfield

September 18, 2008.
Medline Industries, Inc. (Medline) plans to construct the warehouse on 20 acres between Forbes Boulevard and Interstate 495. The company presently occupies a leased 204,000-square-foot warehouse elsewhere in the park, which would be vacated if a new building is built. The new building is estimated to cost $16.25 million, including $1.25 million for new equipment.

As per information provided by Medline Tax Manager Bob Kievert and local business consultant Lynn Tokarczyk, the plans would be contingent on the company receiving state and local tax breaks in the form of state tax credits and a local tax increment financing agreement.

A TIF agreement normally allows a company to pay reduced local property taxes over a pre-arranged term, usually five to 20 years. Kievert, describing the company's plans to selectmen Wednesday night, said incentives would allow the company to add 10 new full-time jobs to its existing 48 warehousing positions. Kievert said the company's presence would also bring an estimated $500,000 in local spending by the company and its employees annually through local retailers and service companies.