Benson Woodworking

A 104,000 sq. ft. expansion project retaining and creating living wage jobs.

Investment

  • NMTC Amount: $8,332,312
  • Total Project Cost: $8,602,312

IMPACT

  • 15 FTE jobs
  • 10 construction jobs
  • 104,000 sq. ft. of real estate

Investor

Project Description

This Non-Metro, Real Estate project located in Keene, NH is being developed by a southern NH economic development agency as a ‘rehab to suit’ for Benson Woodworking (Bensonwood) and its wholly owned subsidiary, Unity Building Technologies. Bensonwood is a locally-grown 44-year old, award-winning design-build firm that produces energy-efficient commercial and residential buildings.

The 104,000 sq. ft. expansion project retained 116 high quality jobs and create 15 new job permanent FTE jobs with living wages and benefits and allow both companies to capitalize on market opportunities to grow sales and compete more effectively in their niche markets by expanding their mechanized, prefabrication operations in the new facility.

The project comprises the acquisition and renovation of an existing industrial facility, the purchase and installation of state-of-the-art fully automated, computer controlled equipment that manufacture building and building-systems components, and the leasing of the property, including the building, driveways and parking areas, as a manufacturing and assembly facility to the two affiliated companies.

MAP

Address: 25 Production Avenue, Keene, NH 3431

Census Tract: 33005971401

Other New Hampshire Projects

The project involves the redevelopment of the Parker J. Noyes building, a vacant, historic three-story, 11,650 sq. ft. wood and steel building into ground floor commercial space and six workforce
The Keene Public Library's $13M expansion project connected the main library to a neighboring annex building.
Automotive company to move Mazda dealership to Concord and expand employee training, community outreach efforts
The Newmarket Mills project redeveloped an old cotton manufacturing building into a new mixed-use space that contains homes, art studios and retail.