MassDevelopment and Taunton Development Corporation Host Event
(i-r) Anthony Autiello, president, A.Autiello Construction; Michael Olson, principal, Rhino Capital Advisors, LLC; Richard Henderson, executive vice president of real estate, MassDevelopment; Representative Patricia Haddad; Senator Marc R. Pacheco; Chris Qualters, executive vice president, power solutions, NN, Inc.; Taunton Mayor Thomas Hoye; Radka Barter, legislative aide, Office of Representative Shaunna O’Connell; Louis M. Ricciardi, president, Taunton Development Corporation; and Dean Kiley, general manager, NN, Inc.
Taunton, MA – The Taunton Development/MassDevelopment Corporation, a nonprofit created by the Taunton Development Corporation and MassDevelopment to help the Myles Standish Industrial Park (MSIP) realize its full potential, hosted a groundbreaking celebration to welcome NN, Inc. to Lot B5-R in the MSIP expansion project. NN, Inc. is a diversified industrial company headquartered in Charlotte, N.C. that manufactures high-precision metal and plastic components and assemblies.
Rhino Capital Advisors LLC, a real estate investment firm, recently purchased 11.3 acres in the MSIP expansion project with plans to construct a 100,000sf building that it will then lease to NN, Inc. NN, Inc. will use 80,000sf for manufacturing activities and 20,000sf for office space; as it expands into Taunton, NN, Inc. anticipates that the new facility will allow the company to create 75 to 80 jobs within three years.
MassDevelopment and the Taunton Development Corporation partnered in 2012 to redevelop a 220-acre expansion of the Myles Standish Industrial Park. The expansion project is located on the site of the former Paul A. Dever State School, which closed in 2002. The Taunton Development/MassDevelopment Corporation MSIP expansion project has attracted businesses like Sullivan Tire, Maxon Precision Motor, Martignetti Companies, Williams Sonoma, and RPC Packaging, creating more than 1,200 new jobs and more than $90 million in private investment in Taunton.
Project Team NN, Inc.
Contractor: A. Autiello Construction Co.
Architect: Zephyr Architects
Civil engineer: BSC Group
Geotechnical engineer: Whitestone Associates
M/E/P/FP engineer: Creative Environment Corp
Structural engineer: C.A. Pretzer Associates Inc.
