A Baltimore-based builder of prefabricated multifamily structures has been approved for a $1.5 million state tax break in return for 112 hires it plans for a new factory in Windsor. The loan committee of Connecticut Innovations, on Tuesday, approved the tax break. The deduction will be applied against taxes on the anticipated $96 million cost of the new factory for Baltimore-based Blueprint Robotics Inc. Blueprint, earlier this year, announced plans to build a 450,000-square-foot production facility on a vacant 62.5-acre parcel at 11 Goodwin Drive. Phil Siuta, chief operating officer of Connecticut Innovations, the state’s quasi-public venture investment arm, said Blueprint will have three years following the issuance of a certificate of occupancy to meet its pledge to hire the equivalent of 112 full-time employees at its new Connecticut plant.
https://www.hartfordbusiness.com/article/planned-96m-factory-project-in-windsor-gets-15-million-tax-break