Rochester, New Hampshire - page 4

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Business View Magazine
industrial park, where we have two TIF districts, we
have an aerospace company – Safran Aerospace, out
of France - who chose to come to Rochester because
of our advancement in infrastructure that allowed
them to build a 345,000 square foot, state-of-the-art,
aerospace composite facility,” Pollard says. Safran be-
gan construction a few years ago, and by 2018, the
completed enterprise will employ approximately 600
people.
“So that’s a tremendously successful venture and our
first Tax Increment Financing program,” Pollard de-
clares. “And it continues to be a tool that we’re using
to attract additional companies – some vendors and
suppliers of Safran and some independent companies
that just find that amount of infrastructure appealing.
We have an airport, next door; we have active rail; we
have a highway with public transportation; we have
water and sewer capacity; we have broadband. And
the city has expanded all of that with the partnership
of the companies in order to make sure that we can
continue to grow that industrial park.”
While the city’s commercial zone already had some
activity in it, Pollard says that the creation of the third
TIF district helps foster even more growth: “We created
a 900-acre Tax Increment Financing district to, again,
expand infrastructure; this time, with a focus on high-
way access points and water and sewer - more than
some of the other things that an industry would need,
which is entirely different than what retail and their
customers would need. That district has already gen
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