Real Estate Expansion for Manufacturer in Brockton

Leading Manufacturer Secures Tax Incentives
With Assistance from Business Development Strategies

A Big Win for the City of Brockton

105 Industrial Boulevard, Brockton, MA

The City of Champions is proud to welcome a leading manufacturing company, Air Energy Group, into the community. Founded in South Easton in 1985, Air Energy manufactures and services compressed air and vacuum systems for respected customers such as Brigham and Women’s Hospital, Harvard University, Takada, Moderna and others. Air Energy is among the most recognized and demanded names in the industrial and life science spaces, making this a significant win for the City of Brockton and an impactful deal that will energize the local economy.

Air Energy Group made its decision to expand its real estate footprint to meet increased customer demand and began exploring relocation options through its real estate advisor, Kevin Malloy, Principal, Avison & Young. For assistance with securing critical Tax Increment Financing (TIF), the company called in one of the Commonwealth’s top government tax incentives consulting firms, Business Development Strategies, Inc. (BDS), led by Lynn Tokarczyk and her team of subject matter specialists.

With deep Massachusetts roots, a history of community involvement and the promise of job retention and creation, Air Energy Group held great appeal to many Massachusetts municipalities seeking to attract manufacturers. Under the leadership of Mayor Robert Sullivan, the City of Brockton made its interest in landing this deal crystal clear. Thanks in large part to BDS and its ability to successfully navigate the maze of government incentives and negotiate effectively with state and local leaders, Air Energy will now call Brockton home.

“The City of Brockton is thrilled that Air Energy Group has decided to locate its corporate headquarters and manufacturing operations in our City of Champions,” said Mayor Robert Sullivan. “My administration is pleased to support the company’s expansion plans and applauds the City Council for its unanimous vote of support for a TIF. We look forward to establishing a strong partnership with Air Energy in the years ahead.”

During multiple meetings with city officials, BDS outlined the benefits of securing a TIF, including retaining and creating more than 100 manufacturing jobs as well as increased real estate tax revenue and other city economic benefits. This paved the way perfectly as the Brockton City Council and then the Massachusetts Economic Assistance Coordinating Council both voted late last year to approve a substantial TIF package for Air Energy. The company will consolidate its three current locations in South Easton, Pembroke and Lincoln, Rhode Island, into a newly constructed building on a property owned by GFI Partners in Brockton. The new facility will also allow for the expansion of new fabrication operations for their Global Vac & Air integrated skid-packaged systems and container builds which are used in medical/lab, industrial and remediation applications.

“Lynn and her team of specialists helped pave the way and guided Air Energy Group through the entire tax incentives process,” says, Scott Ripatrazone, Vice President, Air Energy Group. “We were very pleased with the city’s positive response to our project and its willingness to partner with us that led to a positive financial result.”