Wallingford Manufacturer to Relocate to Hamden

A Wallingford manufacturer is capitalizing on Hamden’s Business Incentive Program and will be making the move from its current location in the North Plains Industrial complex to Corporate Ridge off Sherman Avenue in Hamden later this year, according to the New Haven Register.

The Register reports that Precision Grinding Solutions will begin making property improvements in the spring but it has already begun installation of its equipment in preparation of the move.

Hamden Economic Development Director Dale Kroop told Kate Ramunni of the Register that the relocation will result in about $200,000 in capital improvements and $1 million in personal property investment, which will eventually be added to the town’s tax rolls.

Precision Grinding Solutions will also receive a five-year tax abatement, a waiver for some of the permit fees and an infrastructure grant through Hamden’s Business Incentive Program, according to Ramunni.

Read the full story at the New Haven Register here.

Read more about Precision Grinding Solutions at its website here.

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