# Soliyarn to acquire and renovate Lynn facility for new headquarters

Soliyarn Inc. will acquire and renovate a vacant industrial building at 23 Farrar St. in Lynn, Massachusetts for its new 18,000-square-foot headquarters and production facility. The project is supported by a $3.3 million bond from MassDevelopment. Soliyarn expects to create 84 full-time jobs over three years.

- Type: Expansion
- Announced: 2023-03-22
- Where: Lynn, Massachusetts, United States
- Value: $3.30M
- Jobs: 84
- Status: announced
- Capacity: 18,000 square feet
- Products: heated gloves and boots, water-repellent textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Soliyarn](https://endata.com/companies/62672.md)

## Sources

- [bankerandtradesman.com](https://bankerandtradesman.com/smart-textile-manufacturer-to-buy-lynn-property-for-expansion/), 2023-03-22: "Soliyarn Inc. will acquire and renovate 23 Farrar St. for its new 18,000-square-foot headquarters and production facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.