CLIENT SPOTLIGHT: Factory Five Racing

Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born.
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Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion.
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        Opportunity Zones Presentation

        Metro South Chamber event, Good Morning Metro South Brunch Edition hosted at the Martin Institute at Stonehill College.

        Jay Peabody and Russell Stein, of Partridge Snow & Hahn LLP, deliver a presentation on the Opportunity Zones, the most recent lucrative way to invest in emerging real estate markets within the United States. This presentation focuses on the financial benefits to investors. The Metro South region has several designated Opportunity Zones (OZ) positioned to provide multiple gains to the community and financial investors.

        For more information read Qualified Opportunity Funds: Ten Issues to Keep in Mind.