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	<title>Cape Cod Business&#187; manufacturing</title>
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		<title>Long Time Cape Cod Manufacturer Plans Relocation</title>
		<link>http://www.capecodbusiness.com/2009/02/long-time-cape-cod-manufacturer-plans-relocation/</link>
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		<pubDate>Wed, 11 Feb 2009 21:08:32 +0000</pubDate>
		<dc:creator>Joseph P Egan</dc:creator>
				<category><![CDATA[Lead Story]]></category>
		<category><![CDATA[Cape Cod business]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[manufacturing]]></category>
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		<description><![CDATA[If all goes according to plan, Sapphire Engineering, Inc. will be relocating operations from Bourne to Middleborough, MA. Sapphire Engineering, Inc., a subsidiary of IDEX Corporation, is a U.S. health and science manufacturer of custom precision analytical and diagnostic components for original equipment manufacturers. The firm is now located in a leased facility which it has been occupying for many&#8230; <a href="http://www.capecodbusiness.com/2009/02/long-time-cape-cod-manufacturer-plans-relocation/">[Continue Reading]</a>]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: small;"><img class="size-full wp-image-936 alignleft" style="margin-left: 35px; margin-right: 35px;" title="sapphire" src="http://www.capecodbusiness.com/wp-content/uploads/2009/02/sapphire.jpg" alt="sapphire" width="537" height="293" /></span></p>
<p><span style="font-size: small;">If all goes according to plan, <a href="http://www.sapphireengineering.com/" target="_self">Sapphire Engineering, Inc.</a> will be relocating operations from Bourne to Middleborough, MA.</span></p>
<p><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;">Sapphire Engineering, Inc., a subsidiary of IDEX Corporation, is a U.S. health and science manufacturer of custom precision analytical and diagnostic components for original equipment manufacturers.</span></span></span></span></span></span></span></p>
<p><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;">The firm is now located in a leased facility which it has been occupying for many years. This 38,100 square foot flex facility built in 1978, is located just west of MacArthur Blvd. at 53 Portside Drive in Pocasset, MA (pictured above).</span></span></span></p>
<p><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;">The Company, however, has outgrown existing facilities in Pocasset and Hopedale, MA and is seeking to relocate and consolidate its operations in a central facility. Sapphire Engineering, Inc. plans to retain all 170 full-time manufacturing jobs from the two Massachusetts facilities. <span style="font-size: small;">The move is also slated to create 15 new permanent full-time jobs. </span></span></span></span></span></p>
<p><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;">Under the relocation and consolidation measure, the business plans to invest a total of $11.8 million in the Town of Middleborough. This figure includes construction costs associated with the interior build out, clean room space, new machinery and equipment, and projected future investments estimated at $3.5 million. </span></span></span></span></p>
<p><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;">The proposed facility will be located within <a href="http://www.campanelli.com/propfocus_camp_middle.asp" target="_self">Campanelli Business Park of Middleborough</a>, a modern park located off of I-495. Major tenants currently in the park include Christmas Tree Shops (530,000SF), NES Clothing Co. (275,000SF), Serta Mattress Co. (150,000SF).</span></span></span></p>
<p><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;">Although S</span>apphire Engineering will initially lease approximately 80,000 square feet of manufacturing space, the occupancy includes the option to add 20,000 square feet of expansion space. </span></span><span style="font-size: small;"><span style="font-size: small;">Construction of the proposed building is scheduled to begin this Spring.</span></span></p>
<p><span style="font-size: small;">An incentive for making the relocation is a Tax Increment Financing (TIF) component, a feature of the Massachusetts Economic Development Incentive Program (EDIP). The <a href="http://www.middleborough.com/Town%20Meeting/Sapphire%20-%20Community%20Outreach%20Summary%20Middleborough.pdf">TIF</a> was widely approved at Middleborough Special Town Meeting in October 2008.</span></p>
<p><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;"><span style="font-size: small;">Like any good and supporting member of the community, Sapphire Engineering, Inc. will be missed.</span></span></span></span></span></span></p>
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