Food supplier was granted TIF extension to assist growth initiative

TAUNTON (Dec. 1, 2009)—Taunton-based food supplier Agar Supply Co. has broken ground on a 50,000-square-foot warehouse expansion, which the company claims could lead to additional jobs.

Agar received approval recently from the Taunton City Council for an extension to a previous property tax discount, known as a tax increment financing (TIF) agreement.

The company’s offices and existing 285,000-square-foot warehouse are located in the Myles Standish Industrial Park, not far from Interstate 495.

The warehouse addition will consist of 25,000-square-feet of dry storage and an equal balance of frozen storage space.

“Despite what could be another challenging year, AGAR has decided to take advantage of competitive pricing and bids ... and move ahead with our aggressive expansion plans,” said president and CEO Karen Bressler, in a press release.

“We’ll be able to offer a broader spectrum of products and have a greater opportunity to expand into new markets,” she added.

Agar Supply is ranked as the 13th largest independent food distributor in the United States, according to its press release.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Trending

More from our partners