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September 14, 2006

Update: Hexagon to open $13M facility at Quonset / Photo

Journal photo / Frieda Squires
The new Hexagon Metrology plant in North Kingstown sprawls over 58,000 square feet, or almost 1 1/2 acres.

NORTH KINGSTOWN -- Hexagon Metrology North America will unveil its new $13-million, 58,000-square-foot manufacturing facility and corporate headquarters at a ceremony this morning in the Quonset Point Business Park.

The company, which acquired Brown & Sharpe and distributes its brand-name products, announced plans to move to Connecticut last year before brokering a deal with the town and state to stay in the area.

The company employs about 255 people and has been in North Kingstown since the mid-1960s.

The industrial measuring-tools manufacturer will receive a $320,000 tax break over the next 10 years, though the tax revenue on the new facilities are expected to bring the town $630,000 in tax revenue over the next 10 years, even with the tax break, according to town officials.

"Hexagon Metrology serves segments of the measurement and inspection marketplace worldwide, so it is a premier business for Rhode Island now and in the future,” Governor Carcieri said in a statement.

-- projo.com staff writer Steve Peoples

Posted by Steve Peoples  at 12:56 PM | Permalink

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