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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.

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