MassEcon in the News

For Immediate Release:

Susan Houston, Executive Director, MassEcon
(617)-924-4600 x 11,

MassEcon Announces Finalists for its Ninth Annual Team Massachusetts Economic Impact Awards

WATERTOWN, Massachusetts – August 23, 2012 – Nineteen companies from across the state have been selected as finalists for the 2012 Team Massachusetts Economic Impact Awards, awarded annually by MassEcon. These finalists, representing companies from the Merrimack Valley to the Pioneer Valley, will present one-minute elevator pitches describing their growth in the Bay State to a panel of judges and business leaders on September 12, 2012 at the UMass Club in Boston. Secretary of Housing and Economic Development, Greg Bialecki, will be the featured guest at the event.

The awards celebrate companies that have made an outstanding contribution to the Massachusetts economy. The winners from each of the five regions will be announced in October and recognized at an awards luncheon on November 20th in Boston.

The finalist companies range in size and are drawn from many different industries, including software, manufacturing, life sciences, energy, and robotics. MassEcon selected the finalists based on their job growth, facility expansion, and investment since January 1, 2011, as well as other criteria including community involvement. Together this year’s finalists have added over 2,000 jobs to the Commonwealth, invested nearly $250 million, and expanded their facilities by more than 1.5 million square feet since January 2011. Finalists compete on a regional basis, defined as West, Central, Southeast, Northeast, and Greater Boston. From the pool of finalists, a gold, silver, and bronze winner will be selected from each region.

“Our world-leading innovation economy is driven by entrepreneurial companies like the Team Massachusetts award finalists and other companies like them around Massachusetts,” said Greg Bialecki, the Secretary of Housing and Economic Development. “The Patrick-Murray
Administration appreciates the investment these firms are making in our economy and our longterm economic development plan prioritizes the innovation economy in an effort to help these companies succeed.”

“As the state makes its way through economic recovery, we’re thrilled to recognize the businesses in Massachusetts that are expanding,” Susan Houston, Executive Director, MassEcon added. “Our finalists demonstrate that growth in the Commonwealth is not limited to one region
or one industry. We are fortunate to have such a diverse group of companies contributing to the prosperity of Massachusetts.”

The companies chosen as finalists for the 9th ANNUAL TEAM MASSACHUSETTS ECONOMIC IMPACT AWARDS are listed below.

Polymer Corporation – Palmer
Savage Arms – Westfield
Thing5 – Springfield

Aquabotix – Fall River
Cheer Pack – West Bridgewater
Lacerta Group – Mansfield
Sysco Boston LLC – Plympton

Acme Packet – Bedford
Cabot Corporation – Haverhill
EMD Millipore – Billerica
Pharmalucence – Billerica
Thermo Fisher Scientific – Tewksbury

Classic Envelope – Douglas
IPG Photonics Corporation – Oxford
Quiet Logistics — Devens

Boston Heart Diagnostics – Framingham
Brightcove – Boston
Pegasystems – Cambridge
Vecna Technologies – Cambridge

Lead sponsors for this event are:
Citizens Bank
Cutler Associates
Richards Barry Joyce & Partners