MassEcon in the News

For Immediate Release:

Pete Abair, Executive Director



Diverse Companies in State’s 5 Regions added 6,200 jobs

WATERTOWN, MAMassEcon, the state’s private sector partner in promoting business growth in Massachusetts, today announced its Sixteenth Annual Team Massachusetts Economic Impact Award winners, recognizing 15 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 January 1, 2018. The winners will be honored at a luncheon on November 26, 2019 at the Renaissance Boston Waterfront Hotel, with Citizens Bank as presenting sponsor. A special community leader award will also be announced next week.

The winning companies (listed below) were selected after site visits and a reception with their competitors and judges at Nutter McClennen & Fish LLP. The company expansion project’s represent a financial investment over $3.2 billion, more than 4 million square feet, and more than 6,200 jobs added to the state’s economy.

“We applaud the leadership of the Massachusetts’ business community in growing the economy, investing in the state’s workforce, and strengthening the cities and towns they call home,” said Secretary of Housing and Economic Development Mike Kennealy. “Today’s awardees represent the diverse cross-section of industries and regions that make Massachusetts unique, and the Baker-Polito Administration will continue to reinforce the Commonwealth’s position as an attractive and competitive place to start and expand your enterprise.”

“Each of the employers has a unique and amazing story,” said Peter Abair, Executive Director of MassEcon, “but they have in common an appreciation for Massachusetts and its most precious resource, its talented and hardworking workers.”

“Congratulations to all the winners for this well-earned recognition of their commitment to the long term growth and success of the Massachusetts economy,” said Jerry Sargent, President, Citizens Bank, Massachusetts. “Citizens Bank is pleased to partner with MassEcon to celebrate these companies whose leadership, strength and innovation is benefitting our neighbors and our neighborhoods.”

 SIXTEENTH Annual Team Massachusetts Economic Impact Award Winners

Region Gold Silver Bronze
Central Insulet



West Boylston

Process Cooling Systems


Greater Boston Encore Boston Harbor




Servier Pharmaceuticals


Northeast F.H. Cann & Associates

North Andover

Cedar’s Foods


Plenus Group


Southeast Raw Seafoods

Fall River

Siemens Healthineers

East Walpole

L. Knife & Son
West Agri-Mark

West Springfield

Pilot Precision Products

South Deerfield

Berkshire Food Co-op
Great Barrington

 About the Winning Companies

Greater Boston Winners

Gold: Encore Boston Harbor of EverettLuxury hotel resort accommodations, five-star dining, gaming, shopping, and more.

Silver: Smartsheet of BostonLeading cloud-based platform for work execution, enabling teams and organizations to plan, capture, manage, automate, and report on work at scale, resulting in more efficient processes and better business outcomes

Bronze: Servier Pharmaceuticals of BostonCommercial-stage biotech company with treatments for patients with acute lymphoblastic leukemia

Central Winners

Gold: Insulet of ActonGlobal leader in tubeless insulin pump technology with new headquarters and U.S. manufacturing facility in Acton

 Silver: Cogmedix of West BoylstonMedical device manufacturing company with a niche in laser and optical equipment, dental and aesthetic lasers

Bronze: Process Cooling Systems of LeominsterDesigns, builds, and installs large-scale chilled water systems/industrial cooling systems for manufacturing businesses

Northeast Winners

Gold: F.H. Cann & Associates of North AndoverCertified woman-owned/family-owned and operated organization that provides call center, answering, debt collection, and loan resolution services for student loans

Silver: Cedars Foods of HaverhillProducer of hummus and other Mediterranean foods for major retailers/supermarkets, with a new manufacturing facility to double its annual productions output

Bronze: Plenus Group of Lowell Soup and sauce manufacturer and go-to product development specialists for private label products served, utilized, and sold across a broad range of foodservice applications.

Southeast Winners

Gold: Raw Seafoods of Fall RiverFamily-owned and operated company established in 1998 that manufactures and distributes fresh and frozen commodity and value added seafood products. Customers include Club Stores, high end retailers, broad line distributors, and specialty wholesale distributors throughout North America

Silver: Siemens Healthineers of East WalpoleLeading medical technology company in the areas of diagnostic and therapeutic imaging, laboratory diagnostics, molecular medicine, digital health, and enterprise services, with over 170 years of experience and 18,000 patents globally.

Bronze: L. Knife & Son of KingstonWholesale distributor of beer, ale, porter, and other malt beverages with an expanded facility to efficiently manage the storage and selection process for young and more well-known brands

West Winners

Gold: Agri-Mark of West SpringfieldPlant makes butter sold under Agri-Mark’s Cabot brand name and under store-brand names for Big Y, Stop & Shop and Hannaford and others.

Silver: Pilot Precision Products of South DeerfieldWorld’s largest supplier of industrial broaches and small, round cutting tools from duMONT Minute Man® Industrial Broaches and Hassay Savage broaching tools, and is the exclusive American distributor of Magafor® and GMauvaisUSATM products

Bronze: Berkshire Food Co-op of Great BarringtonFounded by local families who wanted to provide to provide the community with a place to shop, gather, eat, and learn by offering good food and sustainable products at reasonable prices through cooperative ownership and responsible business practices

Bringing the public and private sectors together, MassEcon, a statewide economic development non-profit, champions Massachusetts as the best place to start, grow, or locate a business.

Team Massachusetts is the informal name given to a consortium of state and quasi-public economic development agencies, such as MassDevelopment, Mass Office of Business Development, MOITI, and the Mass Life Sciences Center, as well as private sector organizations focused on economic development in Massachusetts, such as MassEcon, MassBio, and MassMedic.

ABOUT Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $162.7 billion in assets as of June 30, 2019. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,900 ATMs and approximately 1,100 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products, and asset finance. More information is available at or visit us on TwitterLinkedIn or Facebook.