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Rhode Island Business Incentives, Part 2

Posted by in - January 27

SPEC has built several large manufacturing facilities for clients in Rhode Island, one of whom received a grant to locate their new facility in the ocean state.
 
Aspen Aerogels contacted SPEC to build their new facility in Rhode Island after receiving $5 million in government aid to build their $30 million facility. The employment opportunities that this project afforded the state, in combination with Aspen’s status as a green manufacturing company, awarded them other considerable financing and tax reductions as well.
 
SPEC’s other work in Rhode Island includes:
 
Creating a specialty coating manufacturing facility for Arkwright, 5,000 sq ft with a $4.7 million budget, including:
  • Complete design/build of facility up to performance specifications
  • Blast resistant/relief construction, Class I, div. I & II due to solvents used
  • Completing project on strict time schedule and according to budget
 
Finding a new location for DSM Neosol’s RI manufacturing plant and upgrading their entire polyurethane manufacturing operations, including:
  • Complete design/build of facility up to performance specifications
  • Assisting with relocation, building out office and laboratories at new location
  • Working with local authorities and environmental consultants to obtain permits

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