Chartpak Expands Northampton, Massachusetts, Operations
According to state officials, Eric Properties will lease most of the building to Chartpak, Inc., with the remaining space leased to two unrelated manufacturing companies. This facility will provide Chartpak which already operates two existing facilities in Northampton, with additional manufacturing space needed to accommodate increased sales.
“The MassDevelopment organization consists of an incredible group of people who are dedicated to helping businesses obtain the necessary low-cost financing in order to support its growth,” said Chartpak, Inc. President Steven Roth. “They are a team of practical people that recognize the daily demands that business owners face while they are simultaneously expending efforts to obtain financing.
MassDevelopment issued a $1,798,720 tax-exempt bond on behalf of Eric Properties, an affiliate of Chartpak, Inc.
“We are so happy that Chartpak will be growing jobs and expanding their business in Western Massachusetts, especially after the economic impact of the global pandemic,” said MassDevelopment President and CEO Dan Rivera. “MassDevelopment is proud to play a small supporting role in Chartpak’s success.”
Chartpak, Inc. was founded in Connecticut in 1949 as a graphic arts supply manufacturer for architects, graphic artists, engineers, and draftsmen. The company manufactures products for the fine art, stationery, craft and hobby, and fine writing instrument market.
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