Region Roundup: Invensys’ Future in Foxborough, Norton Man Killed in Crash, Scott Brown Joins Fox News & More
A look at what is happening around the region this past week.
Keeping Invensys in Foxborough May Come Down to Tax Break Invensys, with roots 104 years old in Foxborough, has expressed “significant” interest to remain in town but needs a Tax Increment Financing (TIF) program approved in order to invest $30 million worth of renovations to existing infrastructure. Steve Sacco, senior vice president of Invensys, informed selectmen last week the company is approaching the end of two building leases in town and has started looking at its options both in and outside of Foxborough. Sacco said one of the company’s proposed options – and one that many in Foxborough will be relieved to hear – is to remain in town and invest $30 million into the leased Cocasset Building on Mechanic Street and the Neponset …
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