State backs Norton tax break for home appliance business | Local News

 State backs Norton tax break for home appliance business | Local News

NORTON — Another hurdle has been overcome for a large-scale home appliance business to move into the town’s new business park.

The state has approved a 10-year, $1.2 million tax break for Yale Appliance, a measure residents at a special town meeting in August overwhelmingly supported.

The state’s Economic Assistance Coordinating Council Thursday approved eight projects, including the Norton one, for participation in the Economic Development Incentive Program that yields tax incentives for job creation.

Yale Appliance, which had been located in the industrial park in Mansfield before moving to Stoughton, is planning to move into the Blue Star Business Park off Interstate 195 in Norton.

The move will allow Yale to expand its corporate headquarters and…

Read full article…www.thesunchronicle.com