Photo courtesy of MassDevelopment

What: Cox Engineering manufacturing facility
Where: 17 Pacella Park Drive, Randolph
Built: 2020
Owner: Great Pond Land Partnership LLC 

Rockland Trust Co. purchased a $3.68 million tax-exempt bond issued by MassDevelopment that will finance an expansion of Cox Engineering Co.’s Randolph manufacturing facility. 

Cox Engineering developed the original Randolph facility in 2017 using a $6.3 million tax-exempt bond from MassDevelopment. The 37,500-square-foot addition will expand the company’s production capacity. 

Founded in 1914, Cox Engineering has four divisions that specialize in various facets of mechanical and HVAC systems used in commercial, industrial, life science and health care properties. 

During fiscal 2019, MassDevelopment financed and/or managed 315 projects generating an estimated $2 billion investment in the state’s economy. 

They Said It: 

“We’re pleased to be a resource for manufacturers like Cox Engineering Co. looking to grow their operations here in Massachusetts. This expansion will enable Cox Engineering to increase its output and create jobs in Greater Boston.”  

— MassDevelopment CEO Lauren Liss