Davisco will leave Cohasset to manufacture Stonite

Types | Reports | Grants | Legacy Amendment Digitization (2016-2017) |
Listen: Davisco will leave Cohasset to manufacture Stonite
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One losing investor has referred to Technimar as "The Titanic." The Cohasset-based business filed for bankruptcy last year after Minnesota investors poured millions of dollars into the project. Some residents hoped the NEW owner, Davisco, might still open the plant and provide local jobs making a synthetic countertop material called "Stonite." Now it appears Davisco intends to remove the Stonite-making equipment and set up shop in a new location. The decision is the final blow to the town of Cohasset, where residents are stuck paying off their town's investment in the failed venture.

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