Rebuild Rhode Island Tax Credit Recipients
Mearthane Products Corporation
Mearthane Products Corporation has locations in Cranston, Bristol, and Winchester, Va., and is acquiring Polyurethane Molding Industries (PMI) which has a 41,625 SF facility in Woonsocket. Rebuild will allow them to purchase and upgrade the Woonsocket property, relocate its precision polymers operation from Va. to R.I., and closing production at the Va. facility.
The Sponsor has requested up to a maximum of $815,000 in Rebuild Rhode Island Tax Credits and Sales and Use Tax reimbursement.
The Applicant is a global leader in technology and manufacturer of advanced polyurethane components. The applicant has over 50 years of formulation and processing experience, we partner with customers to develop innovative solutions to the toughest material challenges.