Manufacturing Facility Receives Bond for Expansion

Cox Engineering Company’s new 37,500sf manufacturing facility under construction in Randolph

Randolph, MA – MassDevelopment has issued a $3,680,000 tax-exempt bond on behalf of Great Pond Land Partnership LLC, an affiliate of Cox Engineering Company, a Randolph company that offers a full line of HVAC products and services.

Cox Engineering, which built its current manufacturing facility in 2017 using a $6.3 million tax-exempt bond from MassDevelopment, will use proceeds from this bond to build another 37,500sf manufacturing facility at the same location to increase its production capabilities. Rockland Trust Company purchased the bond.

MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, banks, and communities to stimulate economic growth.