Company Promising 500 Jobs in Fall River Backs Out

FALL RIVER — A national company that had plans to build a one-million square-foot manufacturing plant that would have provided 500 jobs has withdrawn from the deal.

In April of this year, Fall River's Redevelopment Authority announced that a letter of intent had been signed with a company that wanted to buy 91 acres of land and build a huge facility in the biopark. The statement said the company would need to hire 500 workers.

According to The Herald News, that company has now withdrawn that offer. The report says the those 91 acres are now available for sale again. The name of the company has not been made public.

Amazon currently has a one-million square-foot facility in the biopark that employees 1500 people.