MassEcon honors 14 companies with Impact Awards

September 30, 2016 - Front Section
Watertown, MA MassEcon, the state’s private sector partner in promoting business growth in Massachusetts, named its Thirteenth Annual Team Massachusetts Economic Impact Award winners, recognizing 14 companies for their outstanding contributions to the Massachusetts economy. The companies were selected on the basis of job growth, facility expansion, investment, and community involvement since Jan. 1, 2015. The winners will be honored at a luncheon on Nov. 22, 2016 at the Renaissance Boston Waterfront Hotel, with Citizens Bank as presenting sponsor. The winning companies (listed below) were selected after site visits and a reception with their competitors and judges at Nutter McClennen & Fish LLP. “Massachusetts is fortunate to have an involved, diverse and generous business community, and we are happy to recognize these exceptional leaders today,” said secretary of Housing and Economic Development Jay Ash. “Maintaining strong relationships between public and private sectors is crucial to long term economic growth, and providing community access to job opportunities across the Commonwealth.” Susan Houston, MassEcon’s executive director said, “MassEcon is thrilled to celebrate these companies for their commitment to expanding in Massachusetts. Their investment and job growth stimulates benefits throughout the Commonwealth, and we are excited to publicly honor the achievements of these outstanding corporate citizens.” “Citizens Bank is committed to strengthening the communities we serve and are proud to help celebrate those who share in that commitment,” said Jerry Sargent, president, Citizens Bank, Massachusetts. “The Impact Awards recognize and congratulate diverse businesses that are thriving because they have invested in Massachusetts and created jobs for its citizens.”  
THIRTEENTH ANNUAL TEAM MASSACHUSETTS ECONOMIC IMPACT AWARD WINNERS Region Gold Silver Bronze
Central Bristol-Myers Squibb Devens Acacia Communications Maynard Woonsocket Glass Fabricators Whitinsville
Greater Boston Shire Lexington Autodesk Boston IBM Watson Health Cambridge
Northeast NxStage Medical Lawrence TraceLink North Reading Hoff’s Bakery Malden
Southeast Capstan Atlantic Wrentham HTP New Bedford
West Prolamina Westfield Jarvis Surgical Westfield PV Sullivan Supply Chicopee
  ABOUT MASSECON MassEcon, founded in 1993, is a non-profit, non-partisan entity that serves as the state’s private sector partner in promoting Massachusetts as the premier choice for business growth. Its services include the state’s only Site Selection Service – including the online ReadyMass 100 portfolio - which helps expanding and relocating companies find a home in the Commonwealth; the Research & Information Service, which provides companies with the information they need to evaluate the Commonwealth as a location to grow; and the Massachusetts Ambassadors, a network of civic and corporate leaders who help market Massachusetts as a place to do business. www.massecon.com About the Winning Companies Greater Boston Winners Gold: Shire of Lexington – Shire, a leading global biotechnology company focused on serving people affected by rare diseases, invested $50 million in its new 375,000 s/f space. Shire occupies six buildings in Lexington and has added 700 jobs to the Massachusetts economy. www.shire.com Silver: Autodesk of Boston – Autodesk is a leader in 3D design, engineering and entertainment software. In moving from Waltham to Boston, the company expanded by 29,000 s/f and added a BUILD space focusing on co-working and innovation for digital fabiraction. Autodesk invested $23 million into the new space and added 148 jobs. www.autodesk.com Bronze: IBM Watson Health of Cambridge – Headquartered in Cambridge, IBM Watson Health is a cognitive computing entity and business centric unit of IBM. The company invested $58 million in more than 163,000 s/f and expects to add 300 jobs by the end of 2017. www.ibm.com/watsonhealth Central Winners Gold: Bristol-Myers Squibb of Devens – Bristol-Myers Squibb, a biopharmaceutical production company, recently expanded its Devens location to include a biologics development facility. The company invested $280 million in the 210,000 s/f expansion and added 660 jobs. www.bms.com Silver: Acacia Communications of Maynard – Acacia Communications manufactures hardware for signal processing for fiber optic networks. The company invested $5.6 million for its 30,000 s/f expansion and added 68 new jobs. www.acacia-inc.com/ Bronze: Woonsocket Glass Fabricators of Whitinsville – Woonsocket Glass Fabrictors specializes in custom beveled, v-grooved, flat and polished glass. The company recently moved from Rhode Island to Massachusetts, invested $10 million in 33,000 s/f and added 31 jobs. www.woonglass.com Northeast Winners Gold: NxStage Medical of Lawrence – NxStage Medical innovates new technology and parts for home and in-center dialysis machines and provides support for patients. The company hired 137 new employees and invested $1.8 million in 10,000 s/f in Lawrence and has 18 kidney centers throughout the country. www.nxstagemedical.com Silver: TraceLink of North Reading – TraceLink, based in North Reading but serving customers in 40 countries worldwide, focuses on supply chain consulting in the life sciences and pharmaceutical industries. TraceLink added 98 new jobs and invested $2.6 million in its 35,000 s/f expansion in North Reading. www.tracelink.com Bronze: Hoff’s Bakery of Malden – Family-owned Hoff’s Bakery reaches markets outside of New England and due to growth and production, invested $18 million for an 80,000 s/f expansion and created 30 new jobs inMalden.www.hoffbakery.com Southeast Winners Gold: Capstan Atlantic of Wrentham, Southeast – Capstan Atlantic creates appliance and auto industrial parts using a unique process known as sintering. The company invested $10 million in a 30,000 s/f expansion and added 50 new jobs. www.capstanatlantic.com Silver: HTP of New Bedford – HTP manufactures highly efficient water heating systems and solar thermal collectors for residential and commercial properties, with the aim of reducing global CO2 emissions and energy costs. The company invested $3.8 milion in a 77,000 s/f expansion and created 16 new jobs. www.htproducts.com West Winners Gold: Prolamina of Westfield – Prolamina is a manufacturer of packaging materials, specializing in the food, medical and industrial markets.The company added 12 new jobs and invested $7 million in a 31,000 s/f expansion in Westfield. www.prolamina.com Silver: Jarvis Surgical of Westfield – Jarvis Surgical is a leader in cutting edge development in medial manufacturing, specializing in the making of precision components for the orthopedic industry. The company invested $1.7 million in 15,000 s/f and created 15 new jobs. www.jarvissurgical.com Bronze: PV Sullivan Supply of Chicopee – PV Sullivan Supply is a family-owned wholesale plumbing and heating pipe distributor. The company invested $3 million in a 43,000 s/f expansion to create a luxury bathroom product and design showroom, and added 8 jobs. www.pvsullivan.com