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MassDevelopment

The City of Holyoke

MassDevelopment provided $2 million in brownfields funds to the City of Holyoke to demolish the former Parsons Paper Factory, which was damaged by a fire in 2008. The redevelopment will pave the way for Aegis Energy Services, a cogeneration systems designer and installer that abuts the Parsons property, to expand. Aegis will retain 65 existing manufacturing jobs and create 30 new jobs.