22nd Annual

Team Massachusetts

Economic Impact Awards

Gillette Stadium - April 16, 2026

3:45 PM Registration

4 PM Pre-Game Cocktail Reception

5 PM Dinner Reception and Awards Ceremony

6:30 PM Post-Game Dessert Reception

The Annual Team Massachusetts Economic Impact Awards Reception is the most celebrated economic development awards in Massachusetts. It’s our chance to thank great employers for investing in people, facilities, and communities in Massachusetts.

REGISTRATION IS NOW CLOSED.

Tickets are transferable, but not refundable.

Have questions? Contact Annie Ladinsky at aladinsky@massecon.com

Thank you to our Presenting Sponsor:

Regional Honorees

13 Companies from across the Commonwealth were selected for the Awards event based on having:

A new operation in Massachusetts or expanded operations here resulting in added jobs and facility investment, social impact with community involvement/philanthropic efforts, as well as internal/external equity, diversity & inclusion practices.

Read the press release announcing the regional winners.

WEST REGION

ERD Metal,

Westfield

ERD Metal specializes in high-precision aluminum extrusion, fabrication, and downstream processing for industries including automotive, mobility, industrial systems, construction, and advanced manufacturing. The company is establishing a new ~200K SF advanced aluminum extrusion and manufacturing facility in Westfield with investment planned to exceed $60 million and more than 200 jobs. ERD emphasizes local workforce development and skilled manufacturing jobs; partnerships with vocational schools, community colleges, and workforce training programs; engagement with regional economic development organizations; support for local suppliers and service providers; and responsible environmental and safety practices.

Lenco,

Pittsfield

Headquartered in Pittsfield, Lenco is the nation’s leading designer and manufacturer of armored response and rescue vehicles used by U.S. law enforcement, U.S. military, and government agencies worldwide. With women comprising 50% of ownership and four of its six executive team members, Lenco leads by example in building a diverse and dynamic leadership structure. A champion of local philanthropic efforts, in 2025 Lenco donated to the Love of T Foundation, the Berkshire County Alliance on Mental Illness (NAMI), the Pittsfield Downtown Cultural Association, the Berkshire United Way, Unico, and the Emergency Medical Services of Berkshire County — extending that commitment to public safety by purchasing and donating 40 protective shields for every Pittsfield Police Department duty vehicle.

CENTRAL REGION

ABI-LAB,

Natick

ABI-LAB is a biotech campus comprised of four incubator buildings, featuring over 140K SF of premium lab space in Natick. The newly constructed two-story research facility added ~35K SF of additional laboratory space, houses 25 new employees, and represents an $18 million investment to support the growth of early-stage and scaling biotech companies through fully customizable lab infrastructure. Through bi-weekly internal educational events, regular spring and fall community events, and partnerships with regional organizations, the company brings hundreds of life sciences professionals and students to ABI-LAB for networking and social connection. The campus supports a diverse mix of companies, with 20.5% international companies, 4.5% out-of-state companies, and 75% local companies. The ABI-LAB 3 facility hosts 50% international companies where 60% of the scientific leadership positions are held by women. Women make up 75% of ABI-LAB’s internal team, demonstrating its commitment to gender equity within the company.

Repligen,

Shrewsbury

Repligen is a bioprocessing company that develops and commercializes high value products and flexible solutions that address critical steps in the production of biologic drugs. The company invested $6 million in a 139K SF site in Shrewsbury where it houses 74 employees. This Shrewsbury site is an integral part of the Fluid Management business, creating and manufacturing safe storage options of for fluid through the upstream and downstream biologic creation process. In 2025, employees contributed to the Worcester County Food Bank, sponsored 30 children’s Christmas wish lists through Worcester DCF, sponsored an employee on a walk for the National Alliance on Mental Illness, and completed a food drive for Project New Hope. Repligen has partnerships with local programs such as MBI and Bay Path Regional Vocational Tech that allows them to recruit people who may not have come through the standard path of high school, college degree, directly into industry. The company also provides feedback to the curriculum that’s taught in these programs to ensure students are learning appropriate concepts and tools to make them successful in the industry.

Physik Instrumente (PI),

Shrewsbury

Physik Instrumente (PI) is a privately held company that manufactures highly specialized automation equipment, motion control systems and components, and other specialized hardware used in research labs and manufacturing facilities worldwide. The privately held company opened its new U.S. headquarters and flagship manufacturing facility in a 140K SF space in Shrewsbury to house its office, lab, and manufacturing space for U.S. operations. PI invested more than $10 million in the construction of the new facility and plans to add an additional 100 jobs over the next three to five years. PI works closely with a number of local technical high schools and colleges to provide internship opportunities to students who are pursuing engineering or other technical degrees and its employees are active in the local communities, participating in several fundraisers and drives to support local charities.

NORTHEAST REGION

The Cove at Salem Hotel,

Salem

The Cove at Salem is a locally owned boutique hotel located in Salem’s Bridge Street Neck neighborhood. Through thoughtful design and responsible redevelopment, the property has been transformed into a well-managed hospitality destination that strengthens the neighborhood while preserving Salem’s unique character. The project involved 17 new employees, the acquisition and redevelopment of a property totaling just over three acres, consisting of two buildings with approximately 30K SF and an $11 million investment. The Hotel partners with the American Red Cross to provide a convenient and welcoming location for donors to give blood and help save lives, regularly organize community outdoor movie nights featuring wholesome films in its spacious courtyard, and supports summer high school vocational internship programs designed to give students an early, meaningful head start in career exploration and skill development.

Sterling Corporation,

Tewksbury

Sterling Corporation is a Massachusetts-based logistics and relocation company providing five core service lines: Commercial Moving, Residential Moving, Specialty Freight & Logistics, Warehousing, and Life Science Logistics. Across nine facilities, Sterling operates more than 465,000 square feet of warehouse space supporting inventory management, distribution, and specialized storage for commercial, institutional, and life science clients. Opened in 2025, Sterling Life Science Logistics in Tewksbury represents the company’s newest and most advanced facility. This cGMP compliant, 20,000-square-foot biorepository supports the evolving needs of biotech, pharmaceutical, and laboratory organizations while prioritizing compliance, safety, sustainability, and operational resilience across the life sciences supply chain. The facility includes features such as solar energy capture and a backup battery power system to enhance both reliability and environmental performance. Sterling invested approximately $8 million in the project, creating five new positions with plans for an additional 35 jobs as the operation expands. An additional 2025 initiative was Sterling’s partnership with the Commonwealth of Massachusetts and Middlesex Community College to develop workforce training programs supporting the region’s life sciences talent pipeline.

Persimmon Technologies,

Bedford

While their competition moved manufacturing to from Massachusetts to Malaysia and other low-cost regions, Persimmon Technologies invested in a new world class manufacturing facility in Bedford. Persimmon Technologies is a leading global supplier of Vacuum Environment Robots for Semiconductor Equipment that makes the world’s most advanced chips. In 2025, Persimmon opened its 142,224 SF world class R&D manufacturing location called the Advanced Technologies Center, representing a consolidation of its Wakefield robot R&D center and robot factory; Tyngsboro motor R&D center and motor factory; and Wilmington warehouse. In 2025, Persimmon hired ~30 new employees and has a diversified employee base with 18% female, and 48% international or minority employees.

GREATER BOSTON

NanoDx,

Watertown

NanoDx™ is a privately held medical device company developing breakthrough point-of-care diagnostic solutions that deliver lab-quality results in minutes using a patented nano-biosensor platform. The company added ~20,908 SF of laboratory and office space in Watertown which represents an investment of ~$1 million. Since 2021, NanoDx has partnered with the Home Base Program — a joint initiative of the Red Sox Foundation and Massachusetts General Hospital dedicated to healing the invisible wounds of war, including post-traumatic stress, traumatic brain injury, anxiety, and depression. In addition to sponsoring a treatment room at Home Base’s facility, in 2025, a NanoDx team of approximately 10 runners and walkers, supported by additional contributors, raised $10,000 and participated in the Run to Home Base at Fenway Park. NanoDx is also working with Military and VA programs in Massachusetts to support the hiring of veterans into assembly and supply chain roles.

ADA Forsyth,

Somerville

As the flagship scientific institute of the American Dental Association, the ADA Forsyth Institute (AFI) is a globally recognized leader in oral health research. The Institute’s groundbreaking discoveries have transformed how we understand, diagnose, and treat oral diseases. AFI’s legendary community programs (ForsythKids, ForsythCares, and Forsyth Student Scholars) provide outstanding clinical and educational services to residents of Greater Boston. In 2025, the Institute relocated to a LEED Platinum-certified building in Somerville, establishing a purpose-built, 100K+ SF advanced facility designed to support the growth of its core and affiliate programs, with capacity for more than 100 additional personnel. The facility supports rigorous scientific testing for the ADA Seal of Acceptance program, the modernized ADA Forsyth Faculty Associates Dental Clinic, and additional strategic growth initiatives and partnerships. AFI also catalyzes the oral health innovation ecosystem by convening global industry and academic partners to develop and validate cutting-edge technologies through the Institute’s start-up incubator program and dentech, AFI’s annual oral health innovation summit.

SOUTHEAST REGION

FUCHS Lubricants,

Taunton

FUCHS Lubricants Corporation is a global leader in high‑performance specialty lubricants, we support some of the world’s most advanced industries — from mobility and aerospace to medical devices, semiconductors, precision electronics, and industrial automation. Our new 55,000‑square‑foot R&D Technology Center in Taunton represents a major commitment to the Commonwealth’s innovation ecosystem. The facility houses state‑of‑the‑art laboratories in tribology, rheology, medical device development, thermal materials, analytical chemistry, and pilot‑scale processing. In 2025, this investment totaled $7.5 million and created 10 new highly skilled jobs which strengthened our ability to solve complex engineering challenges alongside our customers and partners. Equally important is our commitment to community and inclusion. In 2025, FUCHS supported 15 local organizations and organized seven employee volunteer initiatives. Across our global network, we affirm a simple but powerful principle: every employee deserves to feel valued, respected, and empowered to contribute fully. That belief guides our policies, our culture, and the way we show up for one another every day.

Granite Telecommunications,

Quincy

Granite Telecommunications, which delivers advanced communications and technology solutions to businesses and government agencies throughout the U.S. and Canada, purchased and fully renovated a five-story, 275,000-square-foot office building next to its existing headquarters in Quincy. Granite has invested $20 million in the facility and continues to grow, with more than 100 open positions currently available. Granite has been named Massachusetts’ top charitable contributor three consecutive years and four times overall. Even in 2025, when it ranked number two, Granite still donated an extraordinary $46 million to Massachusetts-based nonprofits, one of the highest annual charitable totals ever recorded in the state. Granite fosters a culture of connection and collaboration through a variety of employee-led groups that bring teammates together, support learning, and strengthen relationships across the organization.

Avangrid,

Tisbury

Avangrid, Inc. is a leading energy company in the U.S. working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has pioneered the development of two large-scale critical clean energy projects for Massachusetts, both of which were substantially complete by the end of 2025: the NECEC transmission line project, and the Vineyard Wind 1 offshore wind project. Avangrid’s 15K SF Vineyard Wind 1 Operations and Maintenance Building in Tisbury will house 90 employees and serve as the base for the long-term operation of the facility. Avangrid has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2025 for the fifth consecutive year. The company was named among the World’s Most Ethical Companies in 2026 for the eighth consecutive year by the Ethisphere Institute.

Special Awardees

Read the press release announcing the special awardees.

Chairman's Award

Avangrid

The Chairman’s Award recognizes organizations that have strengthened the Commonwealth’s ability to compete in the global economy. Recipients of the award have made investments in Massachusetts that extend beyond the boundaries of any one state region, growing the capacity of the statewide ecosystem to support new economic opportunities. Avangrid, Inc., a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation, will receive the Chairman’s Award in 2026. Avangrid completed the NECEC transmission line and is nearing completion of the Vineyard Wind 1 project. It is estimated that the two projects will provide 2,000 megawatts of energy to Massachusetts, serving approximately 25% of the entire power need in the Commonwealth. The delivery of this critical energy infrastructure to Massachusetts has enhanced its energy assets and improved the ability for Massachusetts to compete in the global economy.

Commonwealth Catalyst Award

David Clem

The Commonwealth Catalyst Award recognizes outstanding efforts over time to spur economic activity in Massachusetts. Commonwealth Catalyst awardees have been significantly involved in economic development activities, working in and across public, private, and non-profit sectors to propel economic growth. This award celebrates the spirit of transformation. The recipient has not only envisioned a brighter future for their community and Commonwealth but has sparked the change that makes it a reality. The 2026 recipient of the Commonwealth Catalyst Award is David Clem. David Clem, a founder of the Athenaeum Group and then Lyme Properties, was one of the most important figures in the development of the biotech industry in Massachusetts. Beginning in the late 1980s, David crafted a real estate model that supported scores of emerging biotech companies and led to the dramatic physical growth of the industry in Kendall Square. At Lyme properties, Clem expanded holdings, including renovated and new lab spaces, to over 3 million square feet in Cambridge and Boston. The properties included iconic lab buildings, including Genzyme Center, the Center for Life Science in Longwood, and the venerable One Kendall in Cambridge. His legacy is seen in millions of square feet of active commercial lab space in Cambridge and Boston. David Clem saw a future for the emerging biotechnology industry in Massachusetts, formulated a model that enabled fledging biotech companies to locate in Cambridge, and directed investments in a way that transformed the commercial laboratory industry in the greater Boston area. David Clem was a major factor in helping establish Massachusetts as the global epicenter for biotechnology research and development.

Summit Achievement Award

New Balance Athletics, Inc.

The Massachusetts Summit Achievement Award is presented to an employer that has made repeated investments in Massachusetts and demonstrated outstanding corporate citizenship. The 2026 recipient of the Summit Achievement Awards is New Balance Athletics, Inc. Founded in Massachusetts in 1906, New Balance has established a strong presence in Boston and the Commonwealth with its global headquarters, athletic footwear manufacturing facilities, distribution and retail centers. New Balance received one of the first Impact Awards, in 2004, for its investment in its manufacturing facility in Lawrence. The company’s continuing commitment to Massachusetts manufacturing is evident in its operations in Methuen, where a new 80,000 SF factory opened in January 2022. That same year, New Balance opened the TRACK at New Balance, a world-class multi-purpose athletic center that included a state-of-the-art Sports Research Lab. New Balance has also remained strongly committed to giving back to the communities where its associates live and work. Since 1981, New Balance Foundation has invested more than $90 million in local nonprofits serving Metro Boston, Lawrence, and Methuen, focused on driving lifelong health and success for young people. New Balance is the third recipient of the Massachusetts Summit Achievement Award, joining past awardees Bristol Myers Squibb (2023) and Moderna (2025).

Check out the press mentions in News USA Today, Manufacturing Tomorrow, Automation.com, and the Boston Real Estate Times.

Speakers

This year's event will include presentations from:

Governor Maura Healey – Video Keynote

Governor

Commonwealth of Massachusetts

Maura Healey is the 73rd Governor of Massachusetts. In 2022, she became the first woman elected Governor in state history and the first openly lesbian Governor elected in the country.

Maura Healey is the 73rd Governor of Massachusetts. In 2022, she became the first woman elected Governor in state history and the first openly lesbian Governor elected in the country. Commitments honored; results delivered. In her first two years in office, Governor Healey has led Massachusetts from strength to strength and delivered on her promises to the people of Massachusetts. She cut taxes for the first time in 20 years, putting money back in the pockets of workers, small businesses, seniors and families. That includes establishing the most generous universal child tax credit in the country. To fix the high cost of housing, Governor Healey filed and signed the historic $5 billion Affordable Homes Act with nearly 50 policy initiatives to counter rising housing costs caused by high demand and limited supply. Massachusetts can now build more homes, more affordably, and build them faster. Keeping Massachusetts the best in the nation for K-12 education, Governor Healey expanded access to child care and pre-kindergarten, expanded high-quality reading instruction in the early grades, and created new career and technical pathways in high schools. She increased access to higher education by making state colleges and universities more affordable to working families, community college cost-free, and promoted career apprenticeships for working adults. Governor Healey lowered health care costs for thousands of working families by expanding eligibility for the affordable ConnectorCare plan. She signed a maternal health bill to improve care for pregnant women, mothers and babies, made prenatal vitamins and breast cancer screenings free, and expanded benefits for veterans through the historic HERO Act. The MBTA is working. Under Governor Healey’s leadership, the MBTA delivered by removing slow zones, increasing speeds, and getting new cars on the tracks. Commutes are easier with up-to-the-minute updates on the MBTA Go app. Governor Healey also secured billions in federal transportation funding to rebuild the Cape Cod Bridges and develop West-East Rail service. She has proposed a historic $8 billion plan to upgrade roads, bridges and public transportation across the state. Governor Healey strongly supports Massachusetts global business leadership in cutting-edge industries like climatetech, life sciences, biotech, data centers and AI. She filed and signed the $4 billion Mass Leads Act to invest in Massachusetts’ growth and keep the state’s innovation economy the best in the world. To protect access to reproductive health care, including abortion, Governor Healey stockpiled mifepristone, signed Executive Orders protecting abortion patients and providers, and made over-the-counter contraception free. Governor Healey is lowering energy coststhrough her Energy Affordability Agenda, which is delivering $220 million in immediate cost savings and will save Massachusetts residents $6 billion over the next five years. Healey previously served two terms as Massachusetts Attorney General, first elected in 2014 and re-elected in 2018. In her role as the People’s Lawyer, she took on the tough issues affecting Massachusetts residents, including the opioid epidemic, climate change, health care costs, and student loan debt. Earlier in her career, Healey was a litigation partner at an international law firm. Healey grew up the oldest of five siblings in an old New England farmhouse. She and her siblings were raised by their mother, Tracy, who worked as a nurse at the local elementary school. Her stepfather, Edward, was a teacher and local union president. He coached her high school basketball team and instilled a lifelong love of the sport. Healey attended Harvard College, where she captained the basketball team, and then spent two years as the starting point guard on a professional basketball team in Europe. Governor Healey lives in Arlington, Massachusetts with her partner Joanna Lydgate and their family.

Secretary

Executive Office of Economic Development

Massachusetts Secretary of Economic Development Eric Paley joined the Healey-Driscoll Administration in September 2025. For more than 25 years prior to entering state government, Paley worked to shape the innovation economy as both a successful entrepreneur and a leading venture capitalist.

Managing Director

Citizens

Dave is a Managing Director at Citizens and leads the New England Middle Market Business. He has been at Citizens for 28 years in a variety of roles within Middle Market, Corporate Finance and Capital Markets.

Undersecretary of Energy

Executive Office of Energy and Environmental Affairs

Michael Judge has served as Undersecretary of Energy since March 2023.

President of East Coast and United Kingdom Markets

BioMed Realty

Bill Kane is President of East Coast and United Kingdom Markets at BioMed Realty, a real estate provider that owns and operates approximately 12 million square feet of laboratory and office space in the United States and United Kingdom.

Vice President - Commercial Banking

Middlesex Savings Bank

Bonnie is a commercial banker at Middlesex Savings Bank and is responsible for developing new banking relationships with privately-held Massachusetts companies that need capital to grow and maximize value.