Wednesday, January 13, 2016

WDT: Knowlton Continues as a Positive Presence in Downtown

     The very old Factory Street plant housing Knowlton Technologies is proving to be a rarity. A city center industrial plant still in operation and prospering, providing jobs and preventing blight.
     Eastman Chemical took over KT in 2014 and has spent $3.5M on the facility, a major commitment to the Watertown operation and good news, as history suggests, these type of facilities in the Northeast don't follow this path. Recent owners and their committment are the reason.
http://www.watertowndailytimes.com/news03/eastman-invested-35-million-in-improvements-to-knowlton-plant-in-watertown--20160113

2 comments:

Anonymous said...

The article doesnt mention the tax incentives for staying there.

Anonymous said...

Does it mention when the former owner got GRANTS while on the JCIDA Board? Rememberwhen the man was killed over a plug was in a tank instead of a safety valve...