Medway business secures government incentives for Potpourri Group Inc.'s real estate expansion in Littleton

(MEDWAY, MA) –Multi-channel direct-to-consumer company, Potpourri Group, Inc., (PGI) plans to grow in Massachusetts as the Company looks forward to the start of construction on a new, 450,000 square foot fulfillment and call center in Littleton. The project is the result, in part, of a $3.9 million package of state and local government incentives secured by Business Development Strategies, Inc. (BDS).

In an era when time-pressed consumers are increasingly turning to Internet sales for their at-home shopping needs, the 52-year-old Company is planning to lease a newly constructed, state-of-the-art facility in order to meet increased customer demand for its approximately 50,000 products. PGI processes more than 4 million orders and ships more than 5 million packages each year. Its diverse inventory spans the spectrum from home decor to pet accessories. PGI’s planned expansion and relocation to Littleton will allow the Company to retain 227 permanent, full-time jobs and create 130 new, permanent, full-time jobs in the Commonwealth while adding hundreds of thousands of dollars in tax revenue to state and local coffers.

“This major employer plans to make a commitment and investment in the Commonwealth of Massachusetts,” explains BDS government incentives consultant and President Lynn Tokarczyk, whose team guided PGI’s incentives process to a successful outcome. “Potpourri will remain in Massachusetts, retain and add jobs, and demonstrate its continued faith in the Commonwealth by undertaking a major expansion project.”

The estimated $49 million project investment will help to invigorate Greater Littleton’s economic health by diversifying the local tax base, stimulating the local business economy, and developing an underutilized property.

“Lynn Tokarczyk and the BDS team were instrumental to our success in securing the local and state tax incentives for our expansion in Massachusetts,” says PGI President and CEO Jon Fleischmann. “They are true professionals and we could not have attained this result without their guidance and assistance.”

The Littleton property where PGI plans to expand is owned by MA Littleton Land, LLC a joint venture between affiliates of Condyne Investment Fund II, LLC and Square Mile Capital Management, LLC.

PGI’s successful bid for incentives also contributed to a record-breaking year for BDS in which the Company saved an estimated $15 million for Potpourri and other well-known national and global clients, including Haemonetics, IPG Photonics, M.S. Walker, OMNIlife science, SMC Ltd., and others. Together, these projects are expected to add 1,000 new jobs, retain 2,000 existing jobs, and generate $165 million in private investment in Massachusetts.

“The positive response by business, government and community leaders to the PGI project proves there is widespread recognition of the importance of government incentives to the Commonwealth’s economic health,” Tokarczyk explains. “BDS is pleased to play a role in helping Massachusetts build upon its reputation as a pro-business state.”

ABOUT BUSINESS DEVELOPMENT STRATEGIES, INC.

Founded by leading government incentives consultant Lynn Tokarczyk in 2003, Business Development Strategies, Inc. (BDS) is a consulting firm specializing in securing government incentives for real estate expansions and job growth. Working with some of the state’s best-known publicly held and privately-owned businesses, BDS guides each client through the bureaucratic maze and cuts through governmental red tape to achieve its business goals. Learn how to access valuable government incentives by contacting BDS at 508.966.4300 or lynn@businessdevelopment-strategies.com.

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