20th Annual MassEcon Awards Event Honors 14 Massachusetts Organizations

Winners represent financial investment of more than $1.1 billion, more than 1 million square feet, and 750 new jobs

Foxborough, MA – MassEcon, the state’s private sector partner in promoting business growth in Massachusetts, today honored 14 organizations for their outstanding contributions to the Massachusetts economy. The companies were selected on the basis of job growth, facility expansion and investment, community involvement, and commitment to diversity, inclusion, and equity initiatives since January 1, 2023. The winners span from Greater Boston to Western Massachusetts, range in size and are drawn from industries that include technology, life sciences, transportation, fulfillment, behavioral health, manufacturing, beverage, and more. Citizens was Presenting Sponsor.

“Each of these awardees has met challenges and embraced opportunities,” said Pete Abair, MassEcon Executive Director.  “We are proud to honor their investments in people, facilities and the future of Massachusetts.”

The winning companies (listed below) were selected after site visits, interviews with regional teams of judges, and one minute “pitches” at a Finalists Reception in Worcester earlier this year. The company expansion projects represent a financial investment of more than $1.1 billion, more than 1 million square feet, and more than 750 new jobs.

“Congratulations to the award winning honorees and their development teams!” said MassEcon Chair Bonnie Sullivan, Vice President of Commercial Banking at Middlesex Savings Bank. “So proud to be a part of MassEcon’s 20^th Annual Economic Impact Awards event recognizing companies that have expanded throughout Massachusetts.”

Approximately 350 business leaders from across the Commonwealth gathered at Gillette Stadium to celebrate these growing Massachusetts companies and hear virtual remarks from Governor Maura Healey, and live remarks from Yvonne Hao, Secretary of Economic Development. The event also included video remarks from past event emcees Lisa Hughes of WBZ-TV and Anthony Everett of Chronicle.

“Massachusetts is the best place to live, to work, to raise a family, to grow a business, in part, because of all of you. You represent some of the best things about our state,” said Massachusetts Governor Maura Healey. “I look forward to our continued partnership to make Massachusetts more competitive, more affordable, and more equitable.”

Metropolitan Cabinets & Countertops received its second Economic Impact Award and Interprint received its fifth, for continued expansions throughout Massachusetts. Massport received its third Award, this year honored with a special recognition, the Massachusetts Economic Catalyst Award, for its expansion and modernization of Terminal E at Logan Airport in Boston. This is a unique award, having been presented only as a regional award once, 19 years ago.  In the Central Region, Mass Biomedical Initiatives (MBI) will receive a Bronze Award. MBI is also the second awardee, in the Award’s 20-year history, to receive the Innovation Excellence Award. This award recognizes the continuing innovative evolution of the MBI model in propelling economic opportunity and growth in Massachusetts.

“This year’s award winners have made significant contributions to the Massachusetts economy’s success and demonstrate the range of industries that thrive here in the commonwealth,” said Lisa Murray, President of Citizens, Massachusetts. “Citizens is proud to support MassEcon as it works tirelessly to celebrate and support companies that make Massachusetts a top destination for business.”

20^TH ANNUAL TEAM MASSACHUSETTS ECONOMIC IMPACT AWARD WINNERS – 2024

 

ABOUT MassEcon
MassEcon’s mission is to promote and champion Massachusetts as the best place to start, grow and locate a business. Built upon a robust network of corporate and civic members, MassEcon convenes public and private sector leaders of industry to create an inclusive business ecosystem that enhances job growth across a diverse talent pool; promotes investment in all communities; expands equitable opportunities throughout the Commonwealth. www.massecon.com.

ABOUT Team Massachusetts
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 $222.0 billion in assets as of December 31, 2023. 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 full-service customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,100 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X (formerly Twitter), LinkedIn or Facebook. 

-###-