B&B is receiving investment tax credits to aid the tiny house manufacturer in expanding its operations. It's in the process of moving into the former Brown Packaging in Adams.
ADAMS, Mass. — B&B Micro Manufacturing has received state Economic Development Incentive Awards investment tax credits totaling $200,000.
B&B was one of 12 companies in the state to receive the award and partner Jason Koperniak said he was excited to take advantage of an initiative that will help continue to stabilize the young business.
"It is good news ... it is giving us a better chance to continue on a path of stability and success," he said on Wednesday. "We are making investments in the building and in our employees and these things help in that process."
B&B, which builds high-quality tiny houses and related products, has been in business since 2016. The company was based in North Adams in the Windsor Mill but recently purchased the former Brown Packaging building in Adams in order to expand.
According to a press release from the Baker-Polito administration and the commonwealth's Economic Assistance Coordinating Council on Wednesday, B&B Micro Manufacturing has made a $978,500 private investment and is creating 16 new full-time jobs whilst retaining 20 existing jobs.
The creation of these 16 new positions is part of a seven-year special tax assessment agreement B&B Micro Manufacturing made with the town of Adams that carries approximately a $99,792 value.
"We have already hired four people this week and we just put up another job posting to bring on another four to five people in various skills," Koperniak said. "We are growing, we have a lot of work in the next 12 months and we want to be able to retain that and keep steady stable jobs in Adams."
The Board of Selectmen agreed to the property tax financing incentive in April. The tax agreement still needs to be approved by town meeting on Monday.
Koperniak said they are still in the process of moving into their new 24,000 square foot location in Adams and hope to be fully operational soon.
"It is going to be a gradual process. We have brought a lot of stuff over but we still have our space in North Adams," he said. "We are kind of in two places at once but we will be up in running in Adams in the near future."
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Adams District Voters OK All Annual Meeting Articles
By Sabrina DammsiBerkshires Staff
The Prudential Committee and Fire Department officers meet in the fire station on Wednesday night.
ADAMS, Mass. — Officials say the unanimous approval of all warrant articles at the district's annual meeting reaffirms citizen support for the district's efforts and well positions the district to address future challenges faced by many communities.
Nearly 40 voted at Wednesday's meeting, which lasted 20 minutes, approving all items with no discussion, including a $3.6 million budget, a petition to the state for a special legislation retirement age exemption, and a bylaw change making the clerk and treasurer positions appointed.
Voters approved the appropriation of $808,295.81 to the general fund for operational expenses. The general fund covers fire services, administration, and street lighting. They also approved the appropriation of $1,721,144.92 to fund the enterprise fund expenses. This fund supports the Water Department.
The budget is anticipated to raise the district tax rate by 30 cents per $1,000 of assessed value, resulting in a new rate of $1.17, however, the exact amount will not be known until the town determines on property valuations in the fall.
"I think it is forward thinking. It's an immense leap forward to try to sustain all of our emergency services that the district, as an umbrella company, holds, whether it be fire or water," Water Superintendent John Barrett said.
"Neither of us can sustain each other without it, and that just everything in [the warrant] summarizes all of our efforts throughout the year to continue sustaining our services."
Some articles have been years in the making by former Chief John Pansecchi, who had raised them years prior, Chief Engineer David Lennon said.
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