Boston, MA (PRWEB) January 17, 2008
New England Property Advisors, Inc. completed an advisory assignment on behalf of Metalized Products International (MPI) Technologies of Winchester, Massachusetts, resulting in the consolidation to eastern Massachusetts of the firm's three New England locations. Valerie Pontiff, President of New England Property Advisors, advised MPI on the consolidation.
MPI had locations in Winchester, Woburn and Holyoke, with the main manufacturing plant in Winchester. The investment in their manufacturing operation, and the high cost to move the finely tuned machinery, influenced the decision to consolidate into Winchester and expand in place. The distribution facility, located in Holyoke, had become duplicative, all the more so with fuel and fully loaded labor prices increasing rapidly.
MPI is a pioneer in Electron Beam and Ultra-Violet curing for silicone release liners, functional and decorative topcoats, & multi-layer laminations. As a light manufacturer, MPI produces release products for the automotive and medical industries among others.
New England Property Advisors, Inc. is a commercial real estate brokerage and appraisal firm headquartered in Newton, Massachusetts. The brokerage division represents corporate tenants on commercial real estate transaction.