Voters in Westborough, Mass., agreed Tuesday to extend tax breaks to two companies planning to expand operations and create new jobs in the town, reports the Worcester Telegram.
Tax breaks were approved between the town of Westborough, and medical billing software maker eClinicalWorks and convenience store chain Cumberland Farms.
The approved tax break, known as a tax increment financing agreement, allows the companies to pay lower taxes on the value of investments they make on town properties. The agreement sunsets in 2032, according to MetroWest Daily News.
eClinicalWorks currently employs 1,350 people in Westborough. The software maker will create an additional 400 jobs through its expansion into a new facility slated for later this year.
"They could move anywhere they wanted, but they want to be here, and we want them here and we want the 400 jobs," town manager Jim Malloy told Telegram.
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