Paicos: Foxborough, State Cannot Afford to Lose Invensys
With over 1,000 employees in town, Invensys’ impact on regional economy is significant.
As the town begins to weigh the pros and cons of granting Invensys a tax break on $30 million worth of renovations, Foxborough Town Manager Kevin Paicos said it is crucial the community’s largest manufacturing company remains in town. “This is an extraordinary corporate partner we cannot afford to lose, this region cannot afford to lose and the Commonwealth cannot afford to lose,” Paicos said. “One thousand employees with a concentration of several hundred engineers [in Foxborough] is an extraordinary situation in the state of Massachusetts.” State Representative Jay Barrows (R-Mansfield) said keeping Invensys in Foxborough not only benefits the town but its neighbors as well. “Invensys reaches the entire region,” Barrows said. “The spend …
In this Article:
