Mazzetta Co., a full-line seafood supplier based in Highland Park, Ill., purchased a processing plant in Gloucester, Mass., that will create about 200 full- and part-time jobs in 2015.
The company plans to invest more than USD 10 million (EUR 8 million) for the purchase of the 65,000-square-foot facility in the Blackburn Industrial Park, renovations and acquisition of processing and manufacturing equipment, including an 8,000-square-foot tank house.
“Working waterfronts across the nation compete for opportunities like this, so we are very pleased that the Mazzetta Company chose Gloucester because of our reputation as a community that fosters innovation, collaboration and an unrivaled environment for doing business on the ocean,” said Mayor Carolyn A. Kirk. “The Mazzetta Company recognizes that Gloucester is more than an American icon in the fishing industry. It is a community that embraces sustainability, fosters arts and culture and most importantly, works with the business community to ensure job creation and economic growth.”
Founded in 1987, the Mazzetta Group of Companies is a fully integrated, direct importer, processor, and wholesale distributer of premium-frozen seafood to restaurants, retailers, and hospitality organizations across North America. The facility in Gloucester, America’s oldest seaport, will expand its distribution in the United States, Canada and certain foreign markets.
The company received USD 191,000 (EUR 153,781) in tax incentives through the Commonwealth’s Economic Development Incentive Program, which fosters full-time job creation and stimulates business growth throughout the state. The program, which requires municipal support through tax increment financing, offers property tax relief in exchange for ongoing growth and investment. The City of Gloucester is supporting the project with a five-year tax increment financing agreement valued at USD 13,892 (EUR 11,185).
