Easthampton building materials company moving back to Chicopee
CHICOPEE – Owners of an Easthampton building materials distribution company announced it will move back to Chicopee by September.
The Holden Humphrey Co. started in Chicopee in 1987 and moved to Easthampton in 2006. Monday it announced it is seeking more space and will return to Chicopee, Mayor Richard J. Kos said in a written statement.
Company President and CEO Lance Humphrey signed a long-term lease to rent about half of the building at 77 Champion Drive. He plans to move the company’s 40 employees and equipment by September, Kos said.
“They are a growing business so there is a potential for increased jobs in the future,” said Joel McAuliffe, communications director for the mayor.
The business will move into about 82,683 square feet of vacant space at the former Rock-Tenn Corp. building. Menck USA, a German custom window manufacturer, moved into the other half of the roughly 150,000-square-foot building in 2013.
When Menck moved to Chicopee, then-Mayor Michael D. Bissonnette and the Chicopee City Council created an incentive agreement that waived property taxeson the building for the first year. The break then decreased by 25 percent a year until the company had been in the city for five years. The tax incentive is worth about $250,000. Menck also worked with the Economic Assistance Coordinating Council to receive state tax incentives.
The incentive, which lasts through 2019, technically goes to the property owner, but it was understood that the savings would be passed onto tenants.
“We are very excited to now have this facility fully occupied and bringing over 40 positions to Chicopee,” said Michael L. Vedovelli, director of Community and Economic Development for the city. “We have been working very closely with the property owners, Winstanley Enterprises LLC, on finding a complimentary tenant for this property.”
The Holden Humphrey Co. was founded by Lance Humphrey and Peter Alexander. They serve lumber dealers, manufacturers and distributors throughout New England, New York, and northern New Jersey, the statement said.
“We are incredibly excited to be returning home to Chicopee,” Humphrey said in the statement released by the mayor’s office. “I thank Mayor Kos and his administration for their assistance as we look forward to a continuing to serve area businesses as the premiere two-step building materials distributor.”
Humphrey could not be reached for further comment Monday.
“We are excited to welcome Holden Humphrey and their jobs back to Chicopee,” Kos said. “We will continue to work with them to improve their continued success and growth.”
This is the third major business announcement for Chicopee this year.
U.S. Tsubaki Auto LLC finalized plans this month for a $11.5 million expansion that includes building a 100,000-square-foot addition to its building on Lonczak Drive.
In February, Peter Wirth, the owner of a Mercedes-Benz dealership in New York announced he would invest about $11.8 million to open a second dealership on Burnett Road at the property of the former Plantation Inn.