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Canton Fence Manufacturer Expands With MassDevelopment Bonds

Oct 8, 2014 | Reprints | Print

MassDevelopment has issued $3.58 million in tax-exempt and taxable bonds on behalf of Premier Fence LLC and 1010 Turnpike LLC.

The company is using bond proceeds to build a facility off of Route 138 in Canton that will include factory, office and showroom space. Premier Fence estimates the project will create four jobs. Webster Bank purchased the bond, which was supported by a MassDevelopment guarantee as a credit enhancement.

Premier Fence installs and sells fencing, decking and outdoor living products for residential and commercial use.

"We’re pleased to leverage this low-cost financing on behalf of Premier Fence so the company can build a high-quality facility in Canton," MassDevelopment President and CEO Marty Jones said in a statement. "Premier Fence will now have the room and visibility it needs to fuel its growing business."

Commercial